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

Quantinno Capital Management LP boosted its stake in Freshworks Inc. (NASDAQ:FRSHFree Report) by 7,093.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 726,132 shares of the company’s stock after purchasing an additional 716,037 shares during the quarter. Quantinno Capital Management LP owned about 0.26% of Freshworks worth $5,831,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of Freshworks by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 27,240,469 shares of the company’s stock worth $333,696,000 after buying an additional 922,549 shares during the period. Wellington Management Group LLP raised its position in shares of Freshworks by 9.2% in the 4th quarter. Wellington Management Group LLP now owns 5,359,784 shares of the company’s stock valued at $65,657,000 after acquiring an additional 453,627 shares during the period. Geode Capital Management LLC boosted its stake in Freshworks by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 5,126,112 shares of the company’s stock worth $62,805,000 after acquiring an additional 95,720 shares during the last quarter. State Street Corp grew its holdings in Freshworks by 1.2% during the fourth quarter. State Street Corp now owns 4,904,684 shares of the company’s stock valued at $60,082,000 after purchasing an additional 56,935 shares during the period. Finally, Fuller & Thaler Asset Management Inc. grew its holdings in Freshworks by 11.2% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,748,985 shares of the company’s stock valued at $58,175,000 after purchasing an additional 478,473 shares during the period. Institutional investors and hedge funds own 75.58% of the company’s stock.

Freshworks Trading Up 0.6%

FRSH opened at $11.59 on Friday. The stock has a market capitalization of $3.20 billion, a P/E ratio of 18.11 and a beta of 0.86. Freshworks Inc. has a 12 month low of $6.79 and a 12 month high of $14.06. The firm’s fifty day simple moving average is $10.20 and its 200 day simple moving average is $9.19.

Freshworks (NASDAQ:FRSHGet Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.17 earnings per share (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 return on equity of 5.52% and a net margin of 20.49%.The company’s revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.18 EPS. Freshworks has set its FY 2026 guidance at 0.660-0.680 EPS and its Q3 2026 guidance at 0.180-0.180 EPS. On average, equities research analysts predict that Freshworks Inc. will post -0.02 EPS for the current fiscal year.

Insider Activity at Freshworks

In other Freshworks news, CAO Philippa Lawrence sold 3,470 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $10.13, for a total transaction of $35,151.10. Following the completion of the transaction, the chief accounting officer owned 456,144 shares of the company’s stock, valued at $4,620,738.72. This represents a 0.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Barry L. Padgett sold 6,618 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $10.49, for a total transaction of $69,422.82. Following the transaction, the director directly owned 47,270 shares of the company’s stock, valued at $495,862.30. This represents a 12.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 27,236 shares of company stock valued at $270,331. 8.54% of the stock is owned by 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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on FRSH shares. Guggenheim began coverage on shares of Freshworks in a research report on Wednesday, July 22nd. They set a “buy” rating and a $25.00 price target on the stock. Cantor Fitzgerald raised their price objective on Freshworks from $12.00 to $15.00 and gave the stock an “overweight” rating in a research note on Wednesday. Morgan Stanley reduced their target price on Freshworks from $15.00 to $13.00 and set an “equal weight” rating on the stock in a report on Monday, May 11th. UBS Group increased their price target on Freshworks from $11.00 to $14.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Zacks Research cut Freshworks from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $14.17.

View Our Latest Stock Report on Freshworks

Freshworks Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Freshworks (NASDAQ:FRSH)

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