Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Forge Global Holdings Inc shares valued at $159,110 were sold by Phillips Jennifer on Feb 18 ’25. At $1.00 per share, Phillips Jennifer sold 159,108 shares. The insider’s holdings dropped to 604,728 shares worth approximately $0.5 million following the completion of this transaction.
Also, Phillips Jennifer purchased 160,508 shares, netting a total of over 148,984 in proceeds.
Before that, Rodriques Kelly had sold 50,000 shares from its account. In a trade valued at $40,205, the Chief Executive Officer traded Forge Global Holdings Inc shares for $0.80 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $6.58 million.
As published in a research note from JP Morgan on January 07, 2025, Forge Global Holdings Inc [FRGE] has been rated down from a Neutral to an Underweight. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early September. As of January 05, 2023, JP Morgan has initiated its “Neutral” rating for FRGE. Earlier on November 30, 2022, UBS initiated its rating. Their recommendation was “a Neutral” for FRGE stock.
Analyzing FRGE Stock Performance
During the last five days, there has been a drop of approximately -15.90%. Over the course of the year, Forge Global Holdings Inc shares have dropped approximately -12.39%. Shares of the company reached a 52-week high of $1.0200 on 03/03/25 and a 52-week low of $0.7000 on 01/10/25. A 50-day SMA is recorded $0.8489, while a 200-day SMA reached $1.2106.
Support And Resistance Levels for Forge Global Holdings Inc (FRGE)
According to the 24-hour chart, there is a support level at 0.7779, which, if violated, would cause prices to drop to 0.7401. In the upper region, resistance lies at 0.8762. The next price resistance is at 0.9367. RSI (Relative Strength Index) is 43.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0637, which suggests the price will decrease in the coming days. Percent R is at 89.14%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
