Freshworks reported a revenue of $196.27 million for the quarter, exceeding analyst estimates, but posted a negative net margin of 13.24% and a negative return on equity of 6.63%. Insider transactions included sales by Mika Yamamoto and Zachary Nelson, with 19.15% of the stock owned by insiders. Analysts maintain a "Moderate Buy" rating, with target prices ranging from $19.00 to $25.00.
freshworks insider sales and stock performance analysis for recent quarter
Freshworks Inc. (NASDAQ:FRSH) saw a 10.2% decline in stock value, opening at $13.10, with a market cap of $3.95 billion. Insiders sold 55,262 shares worth $955,812 last quarter, while institutional investors hold 75.58% of the company. Analysts have mixed ratings, with a consensus of "Moderate Buy" and a price target of $21.14.
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