Fieldview Capital Management LLC Cuts Stock Position in Freshworks Inc. $FRSH

Fieldview Capital Management LLC lessened its stake in shares of Freshworks Inc. (NASDAQ:FRSH) by 57.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,693 shares of the company’s stock after selling 64,287 shares during the period. Fieldview Capital Management LLC’s holdings in Freshworks were worth $550,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Swiss National Bank grew its stake in shares of Freshworks by 5.4% in the third quarter. Swiss National Bank now owns 374,700 shares of the company’s stock worth $4,410,000 after acquiring an additional 19,200 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Freshworks by 11.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 59,416 shares of the company’s stock worth $699,000 after purchasing an additional 6,295 shares during the last quarter. Inceptionr LLC boosted its stake in Freshworks by 3.6% in the 3rd quarter. Inceptionr LLC now owns 33,583 shares of the company’s stock worth $395,000 after purchasing an additional 1,174 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its position in Freshworks by 3.7% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 106,848 shares of the company’s stock valued at $1,258,000 after purchasing an additional 3,775 shares during the last quarter. Finally, First Trust Advisors LP grew its position in Freshworks by 43.8% during the 3rd quarter. First Trust Advisors LP now owns 207,047 shares of the company’s stock valued at $2,437,000 after purchasing an additional 63,051 shares during the last quarter. Hedge funds and other institutional investors own 75.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Zacks Research cut shares of Freshworks from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Citizens Jmp cut their price target on shares of Freshworks from $27.00 to $16.00 and set a “market outperform” rating on the stock in a report on Wednesday, February 11th. Wall Street Zen downgraded shares of Freshworks from a “buy” rating to a “hold” rating in a research report on Saturday. Citigroup restated an “outperform” rating on shares of Freshworks in a report on Wednesday, February 11th. Finally, Robert W. Baird set a $10.00 target price on Freshworks in a research note on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $12.92.

Insider Buying and Selling

In other Freshworks news, insider Mika Yamamoto sold 32,577 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $8.45, for a total transaction of $275,275.65. Following the completion of the sale, the insider directly owned 1,127,723 shares in the company, valued at approximately $9,529,259.35. The trade was a 2.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 11.17% of the company’s stock.

Freshworks Stock Down 4.6%

Shares of NASDAQ FRSH opened at $8.00 on Wednesday. The firm’s 50-day moving average price is $9.70 and its 200-day moving average price is $11.29. The company has a market cap of $2.26 billion, a PE ratio of 12.50 and a beta of 0.93. Freshworks Inc. has a 52-week low of $6.79 and a 52-week high of $16.48.

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 firm had revenue of $222.74 million during the quarter, compared to analysts’ expectations of $218.76 million. Freshworks had a net margin of 21.90% and a return on equity of 4.69%. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the company earned $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. As a group, equities research analysts anticipate that Freshworks Inc. will post -0.19 EPS for the current fiscal year.

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.