Forge Global Holdings, Inc. (NYSE:FRGE – Get Free Report) CRO Jennifer Phillips sold 38,916 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $1.21, for a total transaction of $47,088.36. Following the sale, the executive now directly owns 879,581 shares in the company, valued at $1,064,293.01. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Jennifer Phillips also recently made the following trade(s):
- On Tuesday, October 22nd, Jennifer Phillips sold 50,000 shares of Forge Global stock. The stock was sold at an average price of $1.28, for a total transaction of $64,000.00.
Forge Global Price Performance
FRGE stock opened at $1.19 on Friday. Forge Global Holdings, Inc. has a one year low of $1.16 and a one year high of $4.02. The stock has a market cap of $215.44 million, a PE ratio of -2.38 and a beta of 2.37. The firm has a 50 day simple moving average of $1.33 and a two-hundred day simple moving average of $1.52.
Institutional Investors Weigh In On Forge Global
Several institutional investors have recently added to or reduced their stakes in FRGE. Miracle Mile Advisors LLC purchased a new stake in Forge Global during the 1st quarter valued at $29,000. SG Americas Securities LLC purchased a new stake in Forge Global during the 3rd quarter valued at $32,000. Norden Group LLC purchased a new stake in Forge Global during the 2nd quarter valued at $53,000. Price T Rowe Associates Inc. MD boosted its position in Forge Global by 29.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 33,686 shares of the company’s stock valued at $66,000 after buying an additional 7,663 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in Forge Global by 23.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 49,008 shares of the company’s stock valued at $72,000 after buying an additional 9,406 shares during the period. Hedge funds and other institutional investors own 40.67% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, UBS Group raised shares of Forge Global from a “neutral” rating to a “buy” rating and set a $3.00 target price on the stock in a report on Tuesday, September 3rd.
Check Out Our Latest Research Report on Forge Global
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.
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