Freshworks Inc. (NASDAQ:FRSH – Get Free Report) insider Mika Yamamoto sold 2,859 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $18.29, for a total transaction of $52,291.11. Following the sale, the insider now owns 397,390 shares of the company’s stock, valued at $7,268,263.10. This represents a 0.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Mika Yamamoto also recently made the following trade(s):
- On Thursday, January 2nd, Mika Yamamoto sold 2,859 shares of Freshworks stock. The stock was sold at an average price of $15.84, for a total transaction of $45,286.56.
- On Tuesday, December 17th, Mika Yamamoto sold 5,718 shares of Freshworks stock. The stock was sold at an average price of $16.95, for a total transaction of $96,920.10.
Freshworks Stock Up 0.2 %
NASDAQ FRSH traded up $0.03 during trading on Tuesday, hitting $18.49. The stock had a trading volume of 2,759,847 shares, compared to its average volume of 3,937,377. The firm has a 50 day moving average price of $16.71 and a 200 day moving average price of $13.88. The company has a market capitalization of $5.60 billion, a PE ratio of -54.38 and a beta of 0.91. Freshworks Inc. has a twelve month low of $10.81 and a twelve month high of $22.78.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on Freshworks
Institutional Investors Weigh In On Freshworks
Several institutional investors have recently added to or reduced their stakes in FRSH. Quantbot Technologies LP lifted its stake in Freshworks by 80.1% in the third quarter. Quantbot Technologies LP now owns 426,432 shares of the company’s stock valued at $4,895,000 after buying an additional 189,616 shares during the last quarter. Smith Group Asset Management LLC acquired a new position in Freshworks during the fourth quarter worth $589,000. Barclays PLC grew its holdings in Freshworks by 33.4% during the third quarter. Barclays PLC now owns 337,621 shares of the company’s stock worth $3,875,000 after acquiring an additional 84,568 shares during the period. Sei Investments Co. grew its holdings in Freshworks by 191.9% in the second quarter. Sei Investments Co. now owns 95,846 shares of the company’s stock valued at $1,216,000 after purchasing an additional 63,006 shares during the last quarter. Finally, Edgestream Partners L.P. acquired a new stake in Freshworks in the third quarter valued at $1,193,000. Hedge funds and other institutional investors own 75.58% of the company’s stock.
Freshworks Company Profile
Freshworks Inc, a software development company, provides software-as-a-service products worldwide. It offers Freshworks Customer Service Suite, which provides automated, personalized self-service on various channels, including web, chat, mobile messaging, email, and social; Freshdesk, a ticketing-centric customer service solution; Freshsuccess, a customer success solution; and Freshchat that provides agents with a modern conversational experience to proactively engage customers across digital messaging channels.
See Also
- Five stocks we like better than Freshworks
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- Best Stocks Under $5.00
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Receive News & Ratings for Freshworks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freshworks and related companies with MarketBeat.com's FREE daily email newsletter.