Trump meets Zelenskiy, says Putin wants war to end, mulls trilateral talks
Yamamoto Mika, the Chief Customer and Marketing Officer of Freshworks Inc . (NASDAQ:FRSH), recently sold shares of the company’s Class A common stock. The company, which maintains impressive gross profit margins of 84% and a healthy current ratio of 2.89, has shown strong financial discipline with more cash than debt on its balance sheet. According to a filing with the Securities and Exchange Commission, Mika sold 1,765 shares at a price of $15.50 each. The total value of the transaction amounted to $27,357. Following this sale, Mika retains ownership of 574,776 shares in the company. The transaction was executed under a Rule 10b5-1 trading plan, which was adopted on September 17, 2024. According to InvestingPro analysis, Freshworks appears undervalued at current levels, with analysts projecting profitability this year. Discover 7 more exclusive ProTips and comprehensive analysis in the Pro Research Report.
In other recent news, Freshworks Inc. reported strong financial results for the first quarter of 2025, surpassing analyst expectations. The company achieved non-GAAP earnings per share of $0.18, exceeding the consensus estimate of $0.13. Freshworks’ revenue also outperformed projections, reaching $196 million compared to the anticipated $192 million, marking a 19% increase year-over-year. Cantor Fitzgerald initiated coverage of Freshworks with an Overweight rating, citing the company’s robust growth potential and a price target of $20. Meanwhile, Scotiabank (TSX:BNS) raised its price target for Freshworks to $18, maintaining a Sector Perform rating, highlighting the company’s billing growth outlook and strong free cash flow. Analysts at JMP Securities reiterated a Market Outperform rating, maintaining a price target of $27, reflecting confidence in Freshworks’ strategic direction. Freshworks’ Experience segment continues to grow at over 30%, while the Customer Experience segment maintains high single-digit growth rates. The company’s recent emphasis on artificial intelligence, particularly its Freddy Copilot offering, has driven productivity improvements of about 30%, further supporting operational efficiencies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.