Vanguard Group Inc. Purchases 922,549 Shares of Freshworks Inc. $FRSH

Vanguard Group Inc. boosted its position in Freshworks Inc. (NASDAQ:FRSH) by 3.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,240,469 shares of the company’s stock after purchasing an additional 922,549 shares during the quarter. Vanguard Group Inc. owned approximately 0.10% of Freshworks worth $333,696,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Amundi raised its holdings in Freshworks by 1.3% in the first quarter. Amundi now owns 80,074 shares of the company’s stock worth $1,049,000 after purchasing an additional 1,040 shares in the last quarter. Inceptionr LLC increased its holdings in shares of Freshworks by 3.6% during the third quarter. Inceptionr LLC now owns 33,583 shares of the company’s stock valued at $395,000 after acquiring an additional 1,174 shares in the last quarter. Covestor Ltd increased its holdings in shares of Freshworks by 25.0% during the third quarter. Covestor Ltd now owns 7,393 shares of the company’s stock valued at $87,000 after acquiring an additional 1,479 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in shares of Freshworks by 1.6% during the third quarter. Teacher Retirement System of Texas now owns 97,787 shares of the company’s stock valued at $1,151,000 after acquiring an additional 1,578 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in shares of Freshworks by 136.2% during the third quarter. SBI Securities Co. Ltd. now owns 2,745 shares of the company’s stock valued at $32,000 after acquiring an additional 1,583 shares in the last quarter. Institutional investors own 75.58% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Robert W. Baird set a $10.00 price target on Freshworks in a report on Wednesday, February 11th. Jefferies Financial Group downgraded Freshworks from a “buy” rating to a “hold” rating and reduced their price target for the company from $20.00 to $8.00 in a report on Monday, February 23rd. Wells Fargo & Company reduced their price target on Freshworks from $13.00 to $10.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. UBS Group set a $11.00 price target on Freshworks in a report on Wednesday, February 11th. Finally, Canaccord Genuity Group set a $14.00 price target on Freshworks in a report on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $12.45.

Freshworks Price Performance

Freshworks stock opened at $9.03 on Friday. Freshworks Inc. has a one year low of $6.79 and a one year high of $16.14. The stock has a market capitalization of $2.57 billion, a PE ratio of 14.56 and a beta of 0.83. The business’s fifty day moving average is $8.22 and its 200 day moving average is $10.12.

Freshworks (NASDAQ:FRSH) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. Freshworks had a return on equity of 4.27% and a net margin of 20.69%.The company had revenue of $228.63 million for the quarter, compared to analysts’ expectations of $223.64 million. During the same period last year, the firm posted $0.18 earnings per share. Freshworks’s revenue 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, sell-side analysts expect that Freshworks Inc. will post -0.1 EPS for the current fiscal year.

Key Stories Impacting Freshworks

Here are the key news stories impacting Freshworks this week:

• Positive Sentiment: Q1 operational beat and $400M buyback: Freshworks reported revenue above estimates and revenue growth year-over-year, with EPS roughly in line with consensus; management also unveiled a $400 million share buyback program, a sizable capital-return signal relative to its market cap that supports the stock. Freshworks (FRSH) Is Up 8.9% After Strong Q1 Beat And $400M Buyback Plan – What’s Changed
• Neutral Sentiment: Restructuring / job cuts announced (about 500 roles / ~11%): the reduction should lower operating expenses and help margins over time, but it also signals cost management in response to industry shifts (AI-driven change) and could reflect near-term demand/efficiency pressures. Freshworks To Cut 500 Jobs Globally in Fresh Restructuring Push
• Neutral Sentiment: Investor access scheduled this week: CFO/COO Tyler Sloat will appear at the Needham TMC conference and Freshworks will host an analyst session at Refresh 2026 — opportunities for management to detail margin actions, guidance and buyback execution. Freshworks to Participate in the 21st Annual Needham Technology, Media & Consumer Conference Freshworks to Host Financial Analyst Session at Refresh 2026
• Neutral Sentiment: Transcripts and details available: earnings call transcripts and the results presentation confirm management’s commentary (EPS inline, revenue beat, updated guidance) for analysts to parse — useful for short‑term trading and modeling. Freshworks Inc. (NASDAQ:FRSH) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Piper Sandler maintains a Hold: a mid‑tier analyst rating may limit immediate upside from fresh catalysts if other firms remain cautious; investors will watch upcoming commentary to see if sell‑side views shift. Freshworks (FRSH) Receives a Hold from Piper Sandler

Insider Activity at Freshworks

In related news, insider Mika Yamamoto sold 32,577 shares of the 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 sale, the insider directly owned 1,127,723 shares of the company’s stock, valued at $9,529,259.35. This trade represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 8.54% of the stock is owned by company insiders.

Freshworks Company 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.