Forge Global Holdings, Inc. (NYSE:FRGE - Get Free Report) CEO Kelly Rodriques sold 35,746 shares of the stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $1.88, for a total value of $67,202.48. Following the completion of the transaction, the chief executive officer now directly owns 10,401,962 shares in the company, valued at approximately $19,555,688.56. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Kelly Rodriques also recently made the following trade(s):
- On Tuesday, April 16th, Kelly Rodriques sold 20,803 shares of Forge Global stock. The stock was 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 transaction of $44,868.00.
- On Tuesday, February 6th, Kelly Rodriques sold 24,818 shares of Forge Global stock. The stock was sold at an average price of $1.77, for a total transaction of $43,927.86.
Forge Global Trading Up 1.6 %
Shares of NYSE:FRGE opened at $1.94 on Friday. Forge Global Holdings, Inc. has a 52-week low of $1.10 and a 52-week high of $4.02. The company has a 50-day simple moving average of $1.98 and a 200 day simple moving average of $2.42.
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Forge Global (NYSE:FRGE - Get Free Report) last issued its earnings results on Tuesday, March 26th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.03). The firm had revenue of $19.06 million during the quarter, compared to analyst estimates of $20.01 million. Forge Global had a negative net margin of 129.22% and a negative return on equity of 29.03%. On average, equities research analysts anticipate that Forge Global Holdings, Inc. will post -0.41 earnings per share for the current year.
Institutional Investors Weigh In On Forge Global
Several hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN lifted its position in Forge Global by 0.3% during the fourth quarter. Wells Fargo & Company MN now owns 2,548,972 shares of the company's stock worth $8,743,000 after acquiring an additional 6,487 shares during the last quarter. SG Americas Securities LLC lifted its position in Forge Global by 17.5% during the fourth quarter. SG Americas Securities LLC now owns 51,810 shares of the company's stock worth $178,000 after acquiring an additional 7,720 shares during the last quarter. 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 acquiring an additional 10,058 shares during the last quarter. Miracle Mile Advisors LLC bought a new position in shares of Forge Global during the first quarter worth approximately $29,000. Finally, Ausdal Financial Partners Inc. bought a new position in shares of Forge Global during the fourth quarter worth approximately $71,000. 40.67% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
FRGE has been the subject of a number of recent research reports. JMP Securities restated a "market outperform" rating and set a $7.00 price objective on shares of Forge Global in a research note on Tuesday, April 9th. Oppenheimer restated an "outperform" rating and set a $3.50 price objective on shares of Forge Global in a research note on Wednesday, March 27th.
View Our Latest Stock Analysis on Forge Global
Forge Global Company Profile
(
Get Free Report)
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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