Forge Global Holdings, Inc. (NYSE:FRGE – Get Free Report) CEO Kelly Rodriques sold 40,000 shares of the stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $1.28, for a total transaction of $51,200.00. Following the transaction, the chief executive officer now owns 8,704,400 shares in the company, valued at $11,141,632. The sale was disclosed in a filing with the SEC, which is available through this link.
Kelly Rodriques also recently made the following trade(s):
- 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 stock was 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 transaction 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 transaction 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 value 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 value 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 value of $118,150.00.
- On Monday, July 8th, Kelly Rodriques sold 65,000 shares of Forge Global stock. The stock was sold at an average price of $1.42, for a total transaction of $92,300.00.
Forge Global Price Performance
Shares of NYSE:FRGE opened at $1.42 on Friday. The firm has a market capitalization of $260.09 million, a price-to-earnings ratio of -2.84 and a beta of 2.38. The business’s 50 day moving average price is $1.40 and its 200-day moving average price is $1.67. Forge Global Holdings, Inc. has a 1 year low of $1.17 and a 1 year high of $4.02.
Wall Street Analysts Forecast Growth
Separately, UBS Group raised Forge Global from a “neutral” rating to a “buy” rating and set a $3.00 price target for the company in a report on Tuesday, September 3rd.
Get Our Latest Research Report on FRGE
Institutional Trading of Forge Global
Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Forge Global by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 5,539,496 shares of the company’s stock valued at $10,691,000 after buying an additional 93,139 shares in the last quarter. Wells Fargo & Company MN boosted 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 valued at $8,743,000 after acquiring an additional 6,487 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Forge Global by 23.1% in the second quarter. Bank of New York Mellon Corp now owns 373,341 shares of the company’s stock valued at $545,000 after purchasing an additional 70,058 shares during the period. Interval Partners LP acquired a new stake in Forge Global during the second quarter worth about $373,000. Finally, Swiss National Bank purchased a new position in Forge Global during the fourth quarter worth about $766,000. Institutional investors and hedge funds own 40.67% of the company’s stock.
Forge Global Company Profile
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.
Read More
- Five stocks we like better than Forge Global
- How to Use Stock Screeners to Find Stocks
- Powering Your Portfolio: The Utility Sector’s Electrifying Surge
- Bank Stocks – Best Bank Stocks to Invest In
- Adobe Stock Builds Long-Term Value: Consider Buying on the Dip
- Ride Out The Recession With These Dividend KingsĀ
- Albemarle Jumps as Lithium Stock Buying Frenzy Takes Off
Receive News & Ratings for Forge Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forge Global and related companies with MarketBeat.com's FREE daily email newsletter.