William Blair Comments on Forge Global Q1 Earnings

Forge Global Holdings, Inc. (NYSE:FRGE - Free Report) - William Blair issued their Q1 2026 EPS estimates for shares of Forge Global in a note issued to investors on Thursday, March 6th. William Blair analyst J. Schmitt forecasts that the company will post earnings per share of ($0.05) for the quarter. The consensus estimate for Forge Global's current full-year earnings is ($0.37) per share. William Blair also issued estimates for Forge Global's Q2 2026 earnings at ($0.04) EPS, Q3 2026 earnings at ($0.04) EPS and Q4 2026 earnings at ($0.04) EPS.

Separately, JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Forge Global in a research report on Tuesday, January 7th.

Forge Global Stock Performance

Shares of NYSE:FRGE traded up $0.00 during mid-day trading on Friday, reaching $0.58. 492,554 shares of the company's stock were exchanged, compared to its average volume of 588,208. Forge Global has a twelve month low of $0.57 and a twelve month high of $3.56. The firm has a market capitalization of $109.58 million, a price-to-earnings ratio of -1.36 and a beta of 2.21. The business's fifty day moving average price is $0.83 and its 200-day moving average price is $1.05.

Forge Global announced that its board has initiated a stock repurchase plan on Wednesday, March 5th that allows the company to repurchase $10.00 million in shares. This repurchase authorization allows the company to reacquire up to 6.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

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Insiders Place Their Bets

In other Forge Global news, CEO Kelly Rodriques sold 25,000 shares of the business's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $1.04, for a total value of $26,000.00. Following the transaction, the chief executive officer now directly owns 8,153,110 shares of the company's stock, valued at approximately $8,479,234.40. The trade was a 0.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO Jennifer Phillips sold 159,108 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $1.00, for a total transaction of $159,108.00. Following the sale, the executive now directly owns 604,728 shares of the company's stock, valued at approximately $604,728. This trade represents a 20.83 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 235,508 shares of company stock worth $226,508. 7.22% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Prudential Financial Inc. acquired a new position in shares of Forge Global during the fourth quarter valued at about $27,000. ProShare Advisors LLC increased its position in Forge Global by 51.3% in the 4th quarter. ProShare Advisors LLC now owns 32,807 shares of the company's stock valued at $31,000 after buying an additional 11,126 shares in the last quarter. D. E. Shaw & Co. Inc. bought a new position in Forge Global in the fourth quarter worth approximately $32,000. Focus Partners Wealth acquired a new stake in Forge Global in the fourth quarter valued at approximately $37,000. Finally, Intech Investment Management LLC raised its position in shares of Forge Global by 361.3% during the fourth quarter. Intech Investment Management LLC now owns 55,500 shares of the company's stock worth $52,000 after purchasing an additional 43,468 shares during the period. 40.67% of the stock is owned by institutional investors.

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.