1 week Ago By ABMN Staff
Freshworks Inc. ( NASDAQ:FRSH – Get Free Report ) insider Mika Yamamoto sold 2,859 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $15.
84, for a total transaction of $45,286.56. Following the completion of the sale, the insider now directly owns 400,249 shares of the company’s stock, valued at approximately $6,339,944.
16. This represents a 0.71 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website . Mika Yamamoto also recently made the following trade(s): Freshworks Stock Up 1.1 % FRSH opened at $16.
07 on Friday. The firm has a market capitalization of $4.87 billion, a P/E ratio of -47.
26 and a beta of 0.90. The stock has a fifty day moving average of $15.
51 and a 200-day moving average of $13.14. Freshworks Inc.
has a 12-month low of $10.81 and a 12-month high of $23.93.
Wall Street Analysts Forecast Growth Read Our Latest Stock Analysis on FRSH Institutional Inflows and Outflows Large investors have recently bought and sold shares of the business. Everence Capital Management Inc. acquired a new stake in Freshworks during the 4th quarter worth about $190,000.
JPMorgan Chase & Co. lifted its position in shares of Freshworks by 49.8% in the third quarter.
JPMorgan Chase & Co. now owns 5,270,338 shares of the company’s stock worth $60,503,000 after purchasing an additional 1,752,995 shares in the last quarter. Franklin Resources Inc.
boosted its holdings in shares of Freshworks by 18.1% during the third quarter. Franklin Resources Inc.
now owns 3,945,001 shares of the company’s stock worth $44,934,000 after purchasing an additional 604,658 shares during the period. Tidal Investments LLC purchased a new position in Freshworks during the third quarter valued at approximately $534,000. Finally, Geode Capital Management LLC grew its position in Freshworks by 1.
5% during the third quarter. Geode Capital Management LLC now owns 4,594,212 shares of the company’s stock valued at $52,750,000 after purchasing an additional 66,342 shares in the last quarter. 75.
58% of the stock is owned by institutional investors and hedge funds. About Freshworks ( Get Free Report ) 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.
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