Forge Global Holdings, Inc. (NYSE:FRGE – Get Free Report) CRO Jennifer Phillips sold 50,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $1.07, for a total value of $53,500.00. Following the transaction, the executive now owns 744,018 shares of the company’s stock, valued at $796,099.26. This represents a 6.30 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Jennifer Phillips also recently made the following trade(s):
- On Monday, November 4th, Jennifer Phillips sold 25,000 shares of Forge Global stock. The stock was sold at an average price of $1.14, for a total value of $28,500.00.
- On Friday, November 1st, Jennifer Phillips sold 25,000 shares of Forge Global stock. The stock was sold at an average price of $1.14, for a total value of $28,500.00.
- On Thursday, October 24th, Jennifer Phillips sold 38,916 shares of Forge Global stock. The stock was sold at an average price of $1.21, for a total transaction of $47,088.36.
- 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 value of $64,000.00.
Forge Global Trading Down 3.1 %
Forge Global stock opened at $0.96 on Friday. Forge Global Holdings, Inc. has a 12 month low of $0.80 and a 12 month high of $4.02. The stock’s 50 day simple moving average is $1.15 and its two-hundred day simple moving average is $1.35. The firm has a market cap of $178.45 million, a PE ratio of -2.24 and a beta of 2.30.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new position in shares of Forge Global during the 3rd quarter worth approximately $32,000. Price T Rowe Associates Inc. MD raised its stake in shares of 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 worth $66,000 after buying an additional 7,663 shares during the period. Norden Group LLC acquired a new position in shares of Forge Global during the 2nd quarter worth approximately $53,000. Miracle Mile Advisors LLC raised its stake in shares of Forge Global by 166.7% during the 2nd quarter. Miracle Mile Advisors LLC now owns 40,000 shares of the company’s stock worth $58,000 after buying an additional 25,000 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Forge Global by 23.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 49,008 shares of the company’s stock worth $72,000 after buying an additional 9,406 shares during the period. 40.67% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, UBS Group upgraded Forge Global from a “neutral” rating to a “buy” rating and set a $3.00 target price on the stock in a research report on Tuesday, September 3rd.
View Our Latest Stock Analysis on Forge Global
About Forge Global
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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