Forge Global Holdings, Inc. (NYSE:FRGE – Get Free Report) CEO Kelly Rodriques sold 18,405 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $1.36, for a total value of $25,030.80. Following the sale, the chief executive officer now directly owns 8,600,995 shares of the company’s stock, valued at approximately $11,697,353.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Kelly Rodriques also recently made the following trade(s):
- On Wednesday, September 11th, Kelly Rodriques sold 40,000 shares of Forge Global stock. The shares were sold at an average price of $1.28, for a total transaction of $51,200.00.
- On Thursday, September 5th, Kelly Rodriques sold 60,000 shares of Forge Global stock. The stock was sold at an average price of $1.29, for a total transaction of $77,400.00.
- On Thursday, August 15th, Kelly Rodriques sold 40,084 shares of Forge Global stock. The shares were sold at an average price of $1.30, for a total value of $52,109.20.
- On Monday, August 12th, Kelly Rodriques sold 108,646 shares of Forge Global stock. The stock was sold at an average price of $1.23, for a total value of $133,634.58.
- On Friday, August 9th, Kelly Rodriques sold 24,562 shares of Forge Global stock. The shares were sold at an average price of $1.31, for a total value of $32,176.22.
- On Monday, July 22nd, Kelly Rodriques sold 65,109 shares of Forge Global stock. The stock was sold at an average price of $1.46, for a total value of $95,059.14.
- On Monday, July 15th, Kelly Rodriques sold 150,000 shares of Forge Global stock. The stock was sold at an average price of $1.42, for a total transaction of $213,000.00.
- On Friday, July 12th, Kelly Rodriques sold 165,000 shares of Forge Global stock. The shares were sold at an average price of $1.41, for a total transaction of $232,650.00.
- On Wednesday, July 10th, Kelly Rodriques sold 85,000 shares of Forge Global stock. The stock was sold at an average price of $1.39, for a total transaction of $118,150.00.
- On Monday, July 8th, Kelly Rodriques sold 65,000 shares of Forge Global stock. The shares were sold at an average price of $1.42, for a total transaction of $92,300.00.
Forge Global Price Performance
Shares of FRGE stock opened at $1.37 on Friday. Forge Global Holdings, Inc. has a one year low of $1.17 and a one year high of $4.02. The stock has a fifty day moving average price of $1.39 and a 200 day moving average price of $1.65. The stock has a market cap of $248.02 million, a P/E ratio of -2.74 and a beta of 2.38.
Institutional Investors Weigh In On Forge Global
A number of institutional investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN lifted its position in shares of Forge Global by 0.3% during the 4th quarter. Wells Fargo & Company MN now owns 2,548,972 shares of the company’s stock worth $8,743,000 after buying an additional 6,487 shares during the period. Price T Rowe Associates Inc. MD grew its position in Forge Global by 29.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 33,686 shares of the company’s stock valued at $66,000 after acquiring an additional 7,663 shares during the period. The Manufacturers Life Insurance Company raised its stake in Forge Global by 23.8% during the second quarter. The Manufacturers Life Insurance Company now owns 49,008 shares of the company’s stock worth $72,000 after acquiring an additional 9,406 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Forge Global by 42.2% during the second quarter. Renaissance Technologies LLC now owns 49,900 shares of the company’s stock valued at $73,000 after acquiring an additional 14,800 shares during the period. Finally, Miracle Mile Advisors LLC acquired a new stake in shares of Forge Global in the 1st quarter valued at $29,000. 40.67% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, UBS Group raised Forge Global from a “neutral” rating to a “buy” rating and set a $3.00 target price on the stock in a research report on Tuesday, September 3rd.
Get Our Latest Research Report on Forge Global
About Forge Global
Forge Global Holdings, Inc operates a financial services platform in California. The company's platform solutions include trading solutions, a platform that connects investors with private company stockholders and enables them to facilitate private share transactions; and custody solutions, a non-depository trust company that enables clients to securely custody and manage assets through an online portal.
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