Wall Street upgrades Freshworks to "strong-buy" despite insider selling, after earnings beat estimates.

Wall Street Zen has upgraded Freshworks to a "strong-buy" rating after the company reported stronger-than-expected earnings of $0.18 per share, beating estimates by $0.05. Despite this positive outlook, some insider selling has occurred. Freshworks, a SaaS provider, saw Diversified Trust Co. buy $615,000 worth of its stock. Analysts predict the company will post earnings of -$0.19 per share for the year, with a market cap of $4.37 billion.