Tudor Investment Corp ET AL Purchases Shares of 168,550 Freshworks Inc. $FRSH

Tudor Investment Corp ET AL acquired a new position in shares of Freshworks Inc. (NASDAQ:FRSH) in the 3rd quarter, Holdings Channel reports. The fund acquired 168,550 shares of the company’s stock, valued at approximately $1,984,000.

Other large investors have also modified their holdings of the company. CIBC Bancorp USA Inc. purchased a new stake in Freshworks in the third quarter valued at $252,000. Danske Bank A S acquired a new stake in shares of Freshworks during the third quarter worth about $807,000. Oberweis Asset Management Inc. increased its position in shares of Freshworks by 0.4% during the third quarter. Oberweis Asset Management Inc. now owns 2,059,470 shares of the company’s stock worth $24,240,000 after purchasing an additional 8,650 shares in the last quarter. PharVision Advisers LLC lifted its holdings in shares of Freshworks by 66.7% in the 3rd quarter. PharVision Advisers LLC now owns 23,135 shares of the company’s stock valued at $272,000 after purchasing an additional 9,253 shares during the last quarter. Finally, Dark Forest Capital Management LP boosted its position in shares of Freshworks by 139.6% in the 3rd quarter. Dark Forest Capital Management LP now owns 185,254 shares of the company’s stock valued at $2,180,000 after purchasing an additional 107,931 shares during the period. Institutional investors and hedge funds own 75.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on FRSH. Piper Sandler cut their price target on Freshworks from $12.00 to $10.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Jefferies Financial Group downgraded Freshworks from a “buy” rating to a “hold” rating and decreased their price objective for the company from $20.00 to $8.00 in a report on Monday, February 23rd. Citigroup restated an “outperform” rating on shares of Freshworks in a research report on Wednesday, February 11th. UBS Group set a $11.00 target price on shares of Freshworks in a report on Wednesday, February 11th. Finally, BTIG Research began coverage on shares of Freshworks in a research note on Tuesday, December 16th. They set a “neutral” rating for the company. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $12.92.

Freshworks Stock Down 1.7%

NASDAQ FRSH opened at $7.87 on Friday. The stock has a market capitalization of $2.24 billion, a P/E ratio of 12.30 and a beta of 0.93. Freshworks Inc. has a 52-week low of $6.79 and a 52-week high of $16.14. The firm has a 50-day moving average price of $8.73 and a 200 day moving average price of $10.82.

Freshworks (NASDAQ:FRSH) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. Freshworks had a return on equity of 4.69% and a net margin of 21.90%.The company had revenue of $222.74 million for the quarter, compared to analyst estimates of $218.76 million. During the same quarter in the previous year, the company earned $0.14 EPS. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. 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, equities research analysts expect that Freshworks Inc. will post -0.19 earnings per share for the current fiscal year.

Insider Activity at Freshworks

In other news, insider Mika Yamamoto sold 32,577 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $8.45, for a total value of $275,275.65. Following the completion of 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 11.17% of the stock is owned by corporate insiders.

About Freshworks

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.