Freshworks CAO Philippa Lawrence sells $45,326 in stock

Chief Accounting Officer Philippa Lawrence of Freshworks Inc. (FRSH) traded 3,492 shares of the company's Class A Common Stock on October 5, 2026. She sold these shares at an average price of $12.98 per share, bringing in a total of $45,326. The current stock price sits at $13.92, just shy of its 52-week peak of $14.37. This comes after a remarkable 84% increase over the last six months.

Lawrence's shares were part of a pre-arranged Rule 10b5-1 trading plan she established on March 18, 2026. Currently, she owns 379,639 shares of Freshworks Class A Common Stock. Outside of this recent sale, Freshworks withheld 6,165 shares valued at $78,788 on October 2, 2026. These shares were held to meet tax obligations related to Restricted Stock Units (RSUs) granted in February 2025 and January 2026.

Freshworks reported solid second-quarter 2026 results, beating analysts' estimates. Revenue for the quarter rose by 16% year-over-year to $237.4 million, up from the expected $233.53 million. Non-GAAP earnings per share also topped expectations at $0.17, compared to the anticipated $0.1304.

This string of strong quarterly performances marks the seventh consecutive period where Freshworks has exceeded Wall Street's projections. The company's employee experience business is a key driver of its growth, contributing substantially to its annual recurring revenue now standing at $567 million. Meanwhile, the customer experience segment has grown more modestly to $400 million.

Analysts at Piper Sandler have raised their price target for Freshworks to $12, maintaining a Neutral rating. They cite the company's strong performance in the employee experience sector and early adoption of AI as reasons for their recommendation. Freshworks is also heavily investing in AI, with over 7,000 customers paying for an AI SKU.