Freshworks director Nelson sells $109k in shares

Published 06/08/2025, 01:38
Freshworks director Nelson sells $109k in shares

Director Zachary Nelson of Freshworks Inc . (NASDAQ:FRSH), a software company with impressive gross profit margins of ~85% and strong liquidity metrics, sold 8,432 shares of Class A Common Stock on August 4, 2025, for approximately $109700. According to InvestingPro analysis, the company appears undervalued at current trading levels. The sales were executed at a weighted average price of $13.01, with individual transactions occurring in a price range from $12.85 to $13.15.

On the same day, Nelson also converted 8,432 shares of Class B Common Stock to Class A Common Stock.

Additionally, on August 1, Nelson exercised options for 9,380 shares of Class B Common Stock and converted 9,380 shares of Class B Common Stock into Class A Common Stock. For deeper insights into insider trading patterns and comprehensive analysis, including 10+ additional ProTips, check out the full research report available on InvestingPro.

In other recent news, Freshworks Inc. reported its second-quarter 2025 earnings, surpassing market expectations with earnings per share (EPS) of $0.18, compared to the forecasted $0.12. The company’s revenue reached $204.7 million, exceeding the anticipated $198.84 million. JMP Securities reiterated its Market Outperform rating and set a $27.00 price target following these results. Piper Sandler raised its price target for Freshworks to $25.00 from $22.00, citing the company’s strong performance in the Rule of 40 metric, driven by a 27% free cash flow margin in Q2. Cantor Fitzgerald maintained its Overweight rating with a $20.00 price target, highlighting Freshworks’ strong performance in its Employee Experience business, which grew 22% year-over-year. Needham also reiterated a Buy rating with a $25.00 price target, noting the acceleration in the Customer Experience segment’s Annual Recurring Revenue growth rate to 11% in Q2. These developments reflect the company’s solid financial performance and positive analyst sentiment.

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