Quantinno Capital Management LP Has $5.83 Million Stock Position in Freshworks Inc. $FRSH

Quantinno Capital Management LP increased its stake in shares of Freshworks Inc. (NASDAQ:FRSH) by 7,093.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 726,132 shares of the company’s stock after acquiring an additional 716,037 shares during the period. Quantinno Capital Management LP’s holdings in Freshworks were worth $5,831,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Balyasny Asset Management L.P. bought a new position in Freshworks in the fourth quarter valued at approximately $31,967,000. Norges Bank bought a new stake in shares of Freshworks during the 4th quarter worth approximately $31,873,000. Renaissance Technologies LLC raised its stake in shares of Freshworks by 79.1% during the 1st quarter. Renaissance Technologies LLC now owns 4,576,000 shares of the company’s stock worth $36,745,000 after purchasing an additional 2,021,412 shares in the last quarter. Jupiter Asset Management Ltd. boosted its holdings in shares of Freshworks by 1,528.6% in the 4th quarter. Jupiter Asset Management Ltd. now owns 1,708,811 shares of the company’s stock valued at $20,933,000 after buying an additional 1,603,887 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Freshworks by 132.6% in the 3rd quarter. Qube Research & Technologies Ltd now owns 2,790,166 shares of the company’s stock valued at $32,840,000 after buying an additional 1,590,384 shares during the last quarter. 75.58% of the stock is owned by institutional investors and hedge funds.

Freshworks Trading Up 0.6%

FRSH opened at $11.59 on Friday. The stock’s fifty day simple moving average is $10.20 and its 200 day simple moving average is $9.19. Freshworks Inc. has a 1-year low of $6.79 and a 1-year high of $14.06. The stock has a market cap of $3.20 billion, a PE ratio of 18.11 and a beta of 0.86.

Freshworks (NASDAQ:FRSH) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $237.38 million during the quarter, compared to analysts’ expectations of $233.62 million. Freshworks had a net margin of 20.49% and a return on equity of 5.52%. The company’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.18 earnings per share. Freshworks has set its FY 2026 guidance at 0.660-0.680 EPS and its Q3 2026 guidance at 0.180-0.180 EPS. Equities analysts forecast that Freshworks Inc. will post -0.02 earnings per share for the current year.

Insider Buying and Selling at Freshworks

In other Freshworks news, Director Jennifer H. Taylor sold 6,618 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $10.44, for a total transaction of $69,091.92. Following the completion of the sale, the director directly owned 62,673 shares in the company, valued at $654,306.12. This trade represents a 9.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Philippa Lawrence sold 10,530 shares of Freshworks stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $9.18, for a total value of $96,665.40. Following the sale, the chief accounting officer directly owned 465,823 shares of the company’s stock, valued at approximately $4,276,255.14. The trade was a 2.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 27,236 shares of company stock valued at $270,331 in the last three months. 8.54% of the stock is currently owned by company insiders.

Freshworks News Summary

Here are the key news stories impacting Freshworks this week:

• Positive Sentiment: Freshworks raised its 2026 outlook after reporting Q2 adjusted EPS of $0.17 versus the $0.13 consensus estimate and revenue of $237.38 million, up 16% year over year and above expectations. Management cited AI adoption and sustained demand, while targeting approximately $963.5 million-$966.5 million in 2026 revenue and continued GAAP profitability. Freshworks Is Up After Raising 2026 Outlook
• Positive Sentiment: The company’s employee-experience business remains a key growth driver: EX annual recurring revenue increased about 22%-23% year over year to $567 million and now represents roughly 60% of total ARR. Analysts also highlighted strong cash flow, profitability and potential for further AI monetization. FRSH Q2 Earnings Call Highlights
• Positive Sentiment: Freshservice received FedRAMP “In Process” status for Moderate certification, putting its AI-powered service-operations platform on the federal marketplace and improving its prospects in the U.S. government technology market. Freshworks Achieves FedRAMP In-Process Designation
• Positive Sentiment: Cantor Fitzgerald raised its FRSH price target to $15 from $12 and maintained an overweight rating, reinforcing the bullish reaction to the earnings update. Cantor Fitzgerald Price Target
• Neutral Sentiment: Piper Sandler increased its target to $12 from $10 but kept a neutral rating, suggesting some analysts still see limited near-term upside at the current valuation. Freshworks will also participate in Oppenheimer’s technology conference, which may provide additional investor commentary but is not itself a financial result. Piper Sandler Price Target Freshworks Oppenheimer Conference

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on FRSH shares. Morgan Stanley lowered their target price on shares of Freshworks from $15.00 to $13.00 and set an “equal weight” rating on the stock in a report on Monday, May 11th. Piper Sandler lifted their price objective on shares of Freshworks from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Wednesday. Weiss Ratings restated a “sell (d)” rating on shares of Freshworks in a research note on Tuesday. Robert W. Baird set a $13.00 target price on shares of Freshworks in a report on Wednesday. Finally, UBS Group raised their target price on shares of Freshworks from $11.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $14.17.

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.