Philippa Lawrence Sells 10,530 Shares of Freshworks (NASDAQ:FRSH) Stock

Posted by George Bondi on Jun 20th, 2026

Freshworks Inc. (NASDAQ:FRSH – Get Free Report) CAO Philippa Lawrence sold 10,530 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $9.18, for a total value of $96,665.40. Following the sale, the chief accounting officer owned 465,823 shares in the company, valued at approximately $4,276,255.14. The trade was a 2.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Freshworks Price Performance

FRSH stock opened at $8.86 on Friday. Freshworks Inc. has a 1 year low of $6.79 and a 1 year high of $15.47. The company’s 50-day moving average is $8.89 and its 200-day moving average is $9.62. The stock has a market capitalization of $2.45 billion, a PE ratio of 14.29 and a beta of 0.89.

Freshworks (NASDAQ:FRSH – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. Freshworks had a net margin of 20.69% and a return on equity of 4.27%. The company had revenue of $228.63 million during the quarter, compared to the consensus estimate of $223.63 million. During the same period in the previous year, the firm posted $0.18 earnings per share. The firm’s revenue for the quarter was up 16.5% on a year-over-year basis. Freshworks has set its FY 2026 guidance at 0.610-0.630 EPS and its Q2 2026 guidance at 0.130-0.130 EPS. On average, analysts anticipate that Freshworks Inc. will post -0.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FRSH has been the subject of a number of recent analyst reports. Citigroup reaffirmed a “market outperform” rating on shares of Freshworks in a report on Tuesday, June 2nd. Oppenheimer cut Freshworks from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 19th. Weiss Ratings downgraded shares of Freshworks from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, May 7th. Zacks Research upgraded Freshworks from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Finally, Morgan Stanley decreased their target price on shares of Freshworks from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $12.18.

Check Out Our Latest Stock Analysis on Freshworks

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FRSH. Balyasny Asset Management L.P. purchased a new stake in Freshworks during the fourth quarter valued at approximately $31,967,000. Norges Bank bought a new stake in shares of Freshworks during the fourth quarter valued at approximately $31,873,000. Renaissance Technologies LLC increased its holdings in Freshworks by 79.1% in the 1st quarter. Renaissance Technologies LLC now owns 4,576,000 shares of the company’s stock valued at $36,745,000 after acquiring an additional 2,021,412 shares during the last quarter. Jupiter Asset Management Ltd. lifted its position in shares of Freshworks by 1,528.6% in the fourth quarter. Jupiter Asset Management Ltd. now owns 1,708,811 shares of the company’s stock worth $20,933,000 after buying an additional 1,603,887 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in shares of Freshworks by 132.6% during the 3rd quarter. Qube Research & Technologies Ltd now owns 2,790,166 shares of the company’s stock worth $32,840,000 after acquiring an additional 1,590,384 shares in the last quarter. Institutional investors own 75.58% of the company’s stock.

About Freshworks

(Get Free Report)

Freshworks, Inc is a global provider of cloud-based customer engagement software designed to help businesses streamline customer support, sales, marketing, and IT service operations. The company’s integrated suite of solutions enables organizations of all sizes to deliver seamless experiences across multiple channels, including email, chat, phone, and social media. Freshworks’ platform is built on modern, user-friendly interfaces and offers native automation, AI-powered insights, and analytics to improve efficiency and customer satisfaction.

The company’s flagship product, Freshdesk, serves as a helpdesk solution for customer support teams, while Freshservice addresses IT service management needs.