The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Forge Global Holdings Inc shares valued at $16,913 were sold by Phillips Jennifer on May 29 ’25. At $15.02 per share, Phillips Jennifer sold 1,126 shares. The insider’s holdings dropped to 18,933 shares worth approximately $0.33 million following the completion of this transaction.
Also, Phillips Jennifer sold 500 shares, netting a total of over 7,500 in proceeds. Following the sale of shares at $15.00 each, the insider now holds 20,059 shares.
Before that, Nevin James had added 3,508 shares to its account. In a trade valued at $48,865, the Chief Financial Officer bought Forge Global Holdings Inc shares for $13.93 each. Upon closing the transaction, the insider’s holdings increased to 3,508 shares, worth approximately $61354.91999999999.
Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid May. As of January 07, 2025, JP Morgan has decreased its “Neutral” rating to a “an Underweight” for FRGE. Earlier on September 03, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for FRGE stock which previously was a “a Neutral”.
Analyzing FRGE Stock Performance
On last trading session,, Forge Global Holdings Inc [NYSE: FRGE] rose 3.19% to $17.49. The stock’s lowest price that day was $16.8, but it reached a high of $17.58 in the same session. During the last five days, there has been a surge of approximately 12.04%. Over the course of the year, Forge Global Holdings Inc shares have jumped approximately 25.26%. Shares of the company reached a 52-week high of $18.59 on 05/14/25 and a 52-week low of $6.60 on 04/07/25.
Support And Resistance Levels for Forge Global Holdings Inc (FRGE)
According to the 24-hour chart, there is a support level at 17.00, which, if violated, would cause prices to drop to 16.51. In the upper region, resistance lies at 17.78. The next price resistance is at 18.07. RSI (Relative Strength Index) is 68.94 on the 14-day chart, showing neutral technical sentiment.
Is Forge Global Holdings Inc subject to short interest?
Stocks of Forge Global Holdings Inc saw a sharp steep in short interest on 2025-05-30 dropping by 28362.0 shares to 0.4 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.43 million shares. A decline of -7.08% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.22 of the overall float, the days-to-cover ratio (short ratio) decline to 3.22.
Which companies own the most shares of Forge Global Holdings Inc (FRGE)?
In terms of Forge Global Holdings Inc share price expectations, FactSet research, analysts set an average price target of 6.5 in the next 12 months, down nearly -61.65% from the previous closing price of $16.95. Analysts anticipate Forge Global Holdings Inc stock to reach 10 by 2025, with the lowest price target being 3. In spite of this, 2 analysts ranked Forge Global Holdings Inc stock as Buy at the end of 2025.
