Generation Investment Management Reduces $169K in Freshworks Inc. ($FRSH)
Key Points
- Generation Investment Management changed its Freshworks Inc. ($FRSH) stake by 2.5% last quarter, cutting to 703,407 shares worth $6.64 million.
- Wall Street's consensus rating on $FRSH is Buy and an average price target of $11.75.
- $FRSH last traded around $9.45.
Generation Investment Management trimmed its position in Freshworks Inc. ($FRSH) by 2.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 703,407 shares of Freshworks Inc. after selling 17,917 shares during the quarter. Generation Investment Management's holdings in Freshworks Inc. were worth $6.64 million as of its most recent filing.
Freshworks Inc. ($FRSH) Stock
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About Freshworks Inc.
Freshworks Inc., a software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company's software-as-a-service solutions includes Customer Experience (CX) and Employee Experience (EX). Its Customer Experience products include Freshdesk Omni, an AI-powered omnichannel customer service solution that unifies customer interactions, support operations, and empowers agents to deliver exceptional experiences; Freshdesk, a ticketing and case management solution; Freshchat that provides agents with a modern conversational experience to proactively engage customers across digital messaging channels; Freshcaller, a cloud-based contact center solution for scalable voice operations; Freshsales, a sales CRM for pipeline management and deal closure solution; and Freshmarketer, a marketing automation platform designed to help businesses to attract, nurture, convert, and retain customers. The company's Employee Experience products include Freshservice, an IT and enterprise service management platform to AI agents to help employees resolve issues, make requests, and access information through conversational interfaces without requiring direct interaction with the service desk; Freshservice for Business Teams, which provides a unified employee service experience while ensuring the secure separation of departmental data; Device42 which provides IT discovery and dependency mapping solutions; and FireHydrant, a modern incident management platform that enables engineering and operations teams to manage the full incident lifecycle. In addition, it provides Freshworks platform, an AI-powered, enterprise-grade foundation that unifies customer experience and employee experience product lines. The company was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. Freshworks Inc. was incorporated in 2010 and is headquartered in San Mateo, California.
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