ForgeRock, Inc. (NYSE:FORG – Get Rating) insider Samuel J. Fleischmann sold 1,581 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $19.91, for a total transaction of $31,477.71. Following the completion of the transaction, the insider now owns 121,852 shares in the company, valued at approximately $2,426,073.32. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
ForgeRock Stock Performance
Shares of ForgeRock stock opened at $20.03 on Friday. The company has a 50 day moving average of $20.21 and a 200-day moving average of $20.87. ForgeRock, Inc. has a 1-year low of $14.13 and a 1-year high of $25.00. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 0.13.
ForgeRock (NYSE:FORG – Get Rating) last issued its quarterly earnings results on Monday, February 27th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.02). ForgeRock had a negative return on equity of 17.32% and a negative net margin of 32.35%. The firm had revenue of $63.52 million for the quarter, compared to the consensus estimate of $61.29 million. Research analysts expect that ForgeRock, Inc. will post -0.59 earnings per share for the current fiscal year.
Hedge Funds Weigh In On ForgeRock
Wall Street Analyst Weigh In
Separately, TheStreet downgraded shares of ForgeRock from a “c-” rating to a “d+” rating in a report on Tuesday, February 7th. Ten investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $22.80.
ForgeRock Company Profile
ForgeRock, Inc, together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces (APIs), microservices, devices, and the Internet of things worldwide. It offers identity management products to automate onboarding/registration and progressive profiling, identity lifecycle and relationship management, identity provisioning and synchronization, user self-service, personalization, delegation, and privacy and consent management.
- Get a free copy of the StockNews.com research report on ForgeRock (FORG)
- 3 Electrical Gear Makers: Hidden Gems Amid Growing Digitization
- Can ULTA’s Defensive Product Line Stand Against This Down Cycle
- A Reversal Is Brewing For Medtronic: Buying The Dip
- Ralph Lauren’s Styled Dividend Is Still In Season
- Dollar Tree Falls As Theft Cuts Into Bottom Line
Receive News & Ratings for ForgeRock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ForgeRock and related companies with MarketBeat.com's FREE daily email newsletter.