Ceera Investments LLC Sells 120,031 Shares of Freshworks Inc. $FRSH

Ceera Investments LLC lowered its stake in shares of Freshworks Inc. (NASDAQ:FRSH) by 22.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 419,063 shares of the company’s stock after selling 120,031 shares during the quarter. Freshworks accounts for 2.0% of Ceera Investments LLC’s portfolio, making the stock its 14th biggest position. Ceera Investments LLC’s holdings in Freshworks were worth $5,134,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc grew its stake in Freshworks by 954.9% in the 4th quarter. IFP Advisors Inc now owns 2,152 shares of the company’s stock valued at $26,000 after purchasing an additional 1,948 shares during the period. Rothschild Investment LLC grew its stake in Freshworks by 560.0% in the 3rd quarter. Rothschild Investment LLC now owns 2,277 shares of the company’s stock valued at $27,000 after purchasing an additional 1,932 shares during the period. SBI Securities Co. Ltd. grew its stake in Freshworks by 136.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,745 shares of the company’s stock valued at $32,000 after purchasing an additional 1,583 shares during the period. Cullen Frost Bankers Inc. bought a new position in Freshworks in the 4th quarter valued at $36,000. Finally, Allworth Financial LP grew its stake in Freshworks by 479.9% in the 4th quarter. Allworth Financial LP now owns 3,201 shares of the company’s stock valued at $39,000 after purchasing an additional 2,649 shares during the period. Institutional investors own 75.58% of the company’s stock.

Insider Activity at Freshworks

In other news, insider Mika Yamamoto sold 32,577 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $8.45, for a total transaction of $275,275.65. Following the transaction, the insider owned 1,127,723 shares of the company’s stock, valued at $9,529,259.35. This represents a 2.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 8.54% of the stock is owned by corporate insiders.

Freshworks Price Performance

Shares of NASDAQ FRSH opened at $9.08 on Tuesday. Freshworks Inc. has a one year low of $6.79 and a one year high of $16.05. The business’s fifty day moving average price is $8.39 and its 200-day moving average price is $9.92. The stock has a market capitalization of $2.51 billion, a PE ratio of 14.65 and a beta of 0.83.

Freshworks (NASDAQ:FRSH) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, meeting analysts’ consensus estimates of $0.11. Freshworks had a return on equity of 4.27% and a net margin of 20.69%.The firm had revenue of $228.63 million for the quarter, compared to analysts’ expectations of $223.64 million. During the same quarter in the prior year, the firm earned $0.18 EPS. The business’s revenue for the quarter was up 16.5% compared to the same quarter last year. Freshworks has set its FY 2026 guidance at 0.610-0.630 EPS and its Q2 2026 guidance at 0.130-0.130 EPS. As a group, equities analysts expect that Freshworks Inc. will post -0.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Zacks Research upgraded Freshworks from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Oppenheimer downgraded Freshworks from an “outperform” rating to a “market perform” rating in a research note on Thursday, March 19th. UBS Group set a $11.00 price objective on Freshworks in a research note on Wednesday, February 11th. Piper Sandler reduced their price objective on Freshworks from $12.00 to $10.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Finally, Citigroup restated an “outperform” rating on shares of Freshworks in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $12.18.

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.