13F Insight

Freshworks CFO/COO Tyler Sloat Has Sold $37.8M — Then Bought $2M in a Rare Insider Purchase

Alex Rivera

Freshworks CFO and COO Tyler Sloat sold $37.8M in FRSH stock, then reversed course with a $2M open-market purchase in November 2025 — a rare insider buy signal at a beaten-down SaaS stock.

Tyler Sloat, Chief Financial and Operating Officer of Freshworks (FRSH), has filed 238 insider transactions totaling $37.8 million in career sales — but his most recent trade tells a different story. In November 2025, Sloat purchased 171,615 shares for $2.0 million at $11.62/share, a rare open-market buy from a C-suite executive who had been a consistent seller.

The Numbers

MetricValue
Career Sell Value$37.8M
Career Buy Value$2.0M
Total Transactions238
Last Transaction2026-02-01
Shares Remaining1,149,244

Recent Activity

DateTypeSharesPriceEst. Value
2025-11-11Buy171,615$11.6200$2.0M

The November 2025 purchase stands in stark contrast to Sloat's prior 237 selling transactions. At $11.62 per share, he bought near Freshworks' post-IPO lows — the stock debuted at $36 in September 2021. The $2M buy represents meaningful personal conviction: a CFO/COO deploying his own capital into a stock he'd spent years selling is one of the strongest insider signals available.

What It Means

Sloat's reversal from net seller ($37.8M) to buyer ($2M) is the textbook insider buy pattern that academic research has shown to be predictive. When a C-suite executive who has been systematically selling suddenly turns buyer with their own money, it typically signals that internal visibility into the business has improved materially. The $11.62 price implies Sloat believes Freshworks is significantly undervalued.

Freshworks operates in the competitive customer service and IT management SaaS market, facing pressure from Salesforce and ServiceNow. The stock's decline from $36 IPO price to $11.62 reflects both sector-wide SaaS multiple compression and Freshworks-specific growth deceleration. Sloat's buy at this level — while maintaining 1.15M shares — suggests the CFO sees a floor in the business fundamentals that the market hasn't priced in yet.

What to Watch

  • Whether Sloat makes additional open-market purchases in coming months
  • Freshworks' next earnings report for revenue growth acceleration signals
  • Other FRSH insiders following Sloat's buy with their own purchases
  • SaaS sector sentiment shifts and potential M&A activity in the mid-cap space

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