Freshworks Inc. $FRSH Shares Bought by Gagnon Securities LLC

Gagnon Securities LLC lifted its stake in Freshworks Inc. (NASDAQ:FRSH) by 101.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,865,818 shares of the company’s stock after acquiring an additional 941,228 shares during the period. Freshworks makes up 4.4% of Gagnon Securities LLC’s portfolio, making the stock its 6th largest holding. Gagnon Securities LLC owned approximately 0.64% of Freshworks worth $21,961,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FRSH. Royal Bank of Canada raised its position in shares of Freshworks by 120.8% during the first quarter. Royal Bank of Canada now owns 21,388 shares of the company’s stock valued at $302,000 after buying an additional 11,703 shares during the last quarter. Amundi increased its position in shares of Freshworks by 1.3% in the 1st quarter. Amundi now owns 80,074 shares of the company’s stock valued at $1,049,000 after buying an additional 1,040 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Freshworks by 35.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,225,056 shares of the company’s stock worth $31,396,000 after acquiring an additional 578,628 shares in the last quarter. Woodline Partners LP increased its stake in Freshworks by 13.5% during the 1st quarter. Woodline Partners LP now owns 21,569 shares of the company’s stock worth $304,000 after purchasing an additional 2,571 shares in the last quarter. Finally, Focus Partners Wealth boosted its stake in Freshworks by 20.2% in the 1st quarter. Focus Partners Wealth now owns 12,399 shares of the company’s stock worth $175,000 after purchasing an additional 2,086 shares during the period. 75.58% of the stock is currently owned by institutional investors and hedge funds.

Freshworks Price Performance

FRSH opened at $10.64 on Friday. The firm has a market capitalization of $3.00 billion, a PE ratio of -106.39 and a beta of 0.89. Freshworks Inc. has a fifty-two week low of $10.45 and a fifty-two week high of $19.48. The company’s 50-day moving average is $12.09 and its 200 day moving average is $12.36.

Freshworks (NASDAQ:FRSH) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.13 by $0.03. The firm had revenue of $215.12 million during the quarter, compared to analyst estimates of $208.80 million. Freshworks had a negative net margin of 3.65% and a negative return on equity of 0.37%. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter last year, the business posted $0.11 EPS. Freshworks has set its Q4 2025 guidance at 0.100-0.120 EPS. As a group, analysts expect that Freshworks Inc. will post -0.19 EPS for the current year.

Insider Buying and Selling at Freshworks

In other Freshworks news, insider Tyler Sloat bought 171,615 shares of Freshworks stock in a transaction on Tuesday, November 11th. The stock was acquired at an average price of $11.62 per share, with a total value of $1,994,166.30. Following the acquisition, the insider owned 1,149,244 shares in the company, valued at approximately $13,354,215.28. This trade represents a 17.55% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Dennis Woodside purchased 176,100 shares of the business’s stock in a transaction on Monday, November 10th. The shares were purchased at an average price of $11.31 per share, with a total value of $1,991,691.00. Following the completion of the purchase, the chief executive officer owned 2,111,517 shares in the company, valued at approximately $23,881,257.27. This trade represents a 9.10% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 22,267 shares of company stock valued at $282,301 over the last 90 days. 11.17% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on FRSH. Weiss Ratings restated a “sell (e+)” rating on shares of Freshworks in a report on Wednesday, October 8th. Wall Street Zen downgraded shares of Freshworks from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 20th. Zacks Research cut shares of Freshworks from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. BTIG Research began coverage on Freshworks in a research note on Tuesday, December 16th. They issued a “neutral” rating on the stock. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of Freshworks in a research note on Monday, December 15th. Seven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $19.15.

Freshworks Profile

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.