Quantbot Technologies LP Has $2.62 Million Position in Freshworks Inc. $FRSH

Quantbot Technologies LP raised its position in Freshworks Inc. (NASDAQ:FRSH) by 166.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 222,291 shares of the company’s stock after purchasing an additional 138,802 shares during the period. Quantbot Technologies LP’s holdings in Freshworks were worth $2,616,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Freshworks in the second quarter valued at about $25,000. Meeder Asset Management Inc. acquired a new stake in Freshworks in the 3rd quarter worth about $27,000. Rothschild Investment LLC boosted its holdings 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 position in shares of Freshworks by 136.2% during the 3rd quarter. SBI Securities Co. Ltd. now owns 2,745 shares of the company’s stock worth $32,000 after purchasing an additional 1,583 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of Freshworks during the 3rd quarter worth approximately $67,000. Institutional investors and hedge funds own 75.58% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Robert W. Baird set a $10.00 price target on Freshworks in a research note on Wednesday, February 11th. Wells Fargo & Company dropped their price objective on Freshworks from $13.00 to $10.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. Citigroup reissued an “outperform” rating on shares of Freshworks in a report on Wednesday, February 11th. BTIG Research began coverage on Freshworks in a research report on Tuesday, December 16th. They issued a “neutral” rating on the stock. Finally, Zacks Research cut shares of Freshworks from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Seven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $12.92.

Freshworks Stock Performance

Freshworks stock opened at $8.30 on Wednesday. Freshworks Inc. has a 52 week low of $6.79 and a 52 week high of $16.81. The stock has a market capitalization of $2.34 billion, a P/E ratio of 12.97 and a beta of 0.93. The stock has a fifty day moving average of $10.10 and a 200-day moving average of $11.46.

Freshworks (NASDAQ:FRSH) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03. The business had revenue of $222.74 million for the quarter, compared to analyst estimates of $218.76 million. Freshworks had a return on equity of 4.69% and a net margin of 21.90%.Freshworks’s revenue was up 14.5% compared to the same quarter last year. During the same period last year, the firm posted $0.14 earnings per share. Freshworks has set its Q1 2026 guidance at 0.100-0.120 EPS and its FY 2026 guidance at 0.550-0.570 EPS. On average, research analysts forecast that Freshworks Inc. will post -0.19 earnings per share for the current year.

Insider Activity

In related news, insider Mika Yamamoto sold 15,012 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $13.00, for a total transaction of $195,156.00. Following the completion of the transaction, the insider directly owned 490,350 shares in the company, valued at $6,374,550. This represents a 2.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 11.17% of the company’s stock.

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.