Forge Global Holdings, Inc. (NYSE:FRGE) Director Kimberley H. Vogel Purchases 33,000 Shares of Stock

Forge Global Holdings, Inc. (NYSE:FRGEGet Rating) Director Kimberley H. Vogel bought 33,000 shares of Forge Global stock in a transaction on Thursday, November 17th. The shares were purchased at an average cost of $1.51 per share, with a total value of $49,830.00. Following the completion of the purchase, the director now directly owns 33,000 shares in the company, valued at $49,830. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Forge Global Price Performance

Forge Global stock opened at $1.46 on Tuesday. Forge Global Holdings, Inc. has a 52 week low of $1.29 and a 52 week high of $47.50. The company’s 50-day moving average price is $1.83 and its two-hundred day moving average price is $7.28.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FRGE. Clearstead Advisors LLC acquired a new stake in shares of Forge Global in the third quarter valued at $46,000. State Street Corp lifted its holdings in Forge Global by 2.0% in the 3rd quarter. State Street Corp now owns 334,117 shares of the company’s stock valued at $585,000 after acquiring an additional 6,500 shares during the last quarter. Two Sigma Investments LP bought a new position in shares of Forge Global during the 3rd quarter valued at about $36,000. Vanguard Group Inc. grew its stake in shares of Forge Global by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,439,343 shares of the company’s stock worth $2,518,000 after purchasing an additional 40,068 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new stake in shares of Forge Global in the 3rd quarter worth approximately $121,000. 24.22% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on FRGE shares. JMP Securities started coverage on Forge Global in a research report on Friday, August 26th. They set an “outperform” rating and a $10.00 price objective for the company. William Blair initiated coverage on Forge Global in a research report on Friday, August 26th. They set a “market perform” rating for the company.

About Forge Global

(Get Rating)

Forge Global Holdings, Inc provides marketplace infrastructure, data services, and technology solutions for private market participants. It enables private company shareholders to trade private company shares with accredited investors. The company was founded in 2014 and is based in San Francisco, California.

See Also

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.