Forge Global Holdings, Inc. (NYSE:FRGE – Get Free Report) CEO Kelly Rodriques sold 33,762 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $1.81, for a total value of $61,109.22. Following the transaction, the chief executive officer now owns 10,310,574 shares in the company, valued at approximately $18,662,138.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Kelly Rodriques also recently made the following trade(s):
- On Wednesday, May 1st, Kelly Rodriques sold 35,746 shares of Forge Global stock. The shares were sold at an average price of $1.88, for a total value of $67,202.48.
- On Tuesday, April 16th, Kelly Rodriques sold 20,803 shares of Forge Global stock. The shares were sold at an average price of $1.84, for a total value of $38,277.52.
- On Monday, March 4th, Kelly Rodriques sold 27,566 shares of Forge Global stock. The stock was sold at an average price of $1.98, for a total value of $54,580.68.
- On Friday, March 1st, Kelly Rodriques sold 22,434 shares of Forge Global stock. The stock was sold at an average price of $2.00, for a total value of $44,868.00.
Forge Global Trading Down 2.3 %
Shares of NYSE:FRGE traded down $0.04 during trading on Friday, reaching $1.68. The company had a trading volume of 70,161 shares, compared to its average volume of 697,924. The stock’s fifty day moving average price is $1.96 and its 200 day moving average price is $2.35. Forge Global Holdings, Inc. has a fifty-two week low of $1.25 and a fifty-two week high of $4.02.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. Oppenheimer reissued an “outperform” rating and issued a $3.50 price target on shares of Forge Global in a report on Wednesday, March 27th. JMP Securities reaffirmed a “market outperform” rating and issued a $7.00 price target on shares of Forge Global in a research note on Tuesday, April 9th.
Get Our Latest Stock Report on FRGE
Institutional Trading of Forge Global
Institutional investors and hedge funds have recently made changes to their positions in the stock. Miracle Mile Advisors LLC purchased a new position in Forge Global during the first quarter worth about $29,000. Tower Research Capital LLC TRC lifted its position in Forge Global by 177.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 15,725 shares of the company’s stock worth $54,000 after buying an additional 10,058 shares during the period. Ausdal Financial Partners Inc. purchased a new position in Forge Global during the fourth quarter worth about $71,000. Arizona State Retirement System acquired a new stake in Forge Global during the fourth quarter worth about $109,000. Finally, Price T Rowe Associates Inc. MD increased its stake in Forge Global by 29.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 33,686 shares of the company’s stock worth $66,000 after acquiring an additional 7,663 shares during the last quarter. 40.67% of the stock is currently owned by hedge funds and other institutional investors.
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.
Recommended Stories
- Five stocks we like better than Forge Global
- 3 Fintech Stocks With Good 2021 Prospects
- NASDAQ 100 vs. NASDAQ Composite: A Detailed Breakdown of NASDAQ
- How to Buy Cheap Stocks Step by Step
- These 2 Retail Traders Favorites are Nearing Major Breakouts
- The Most Important Warren Buffett Stock for Investors: His Own
- Snowflake is Melting… Up, With a Double-Digit Upside Potential
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.