Forge Global Holdings Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:FRGE Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
20 Aug 25	SellUS$223,064	Kelly Rodriques	Individual	11,000	US$20.55
06 Aug 25	BuyUS$44,168	James Nevin	Individual	1,950	US$22.65
16 May 25	BuyUS$48,865	James Nevin	Individual	3,508	US$13.93
09 Dec 24	SellUS$114,948	Kelly Rodriques	Individual	7,090.82	US$16.76
04 Dec 24	SellUS$59,886	Kelly Rodriques	Individual	3,909.73	US$15.33
12 Sep 24	SellUS$163,219	Kelly Rodriques	Individual	8,333.75	US$19.77
06 Sep 24	SellUS$128,282	Kelly Rodriques	Individual	6,667	US$19.40

Insider Trading Volume

Insider Buying: FRGE insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of FRGE?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	956,906	7.04%
VC/PE Firms	1,615,331	11.9%
Institutions	5,021,961	36.9%
General Public	5,997,164	44.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 52.56% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.9%	Motive Capital Management, LLC	1,615,331	US$31.5m	-0.01%	100.0%
11.9%	Deutsche Boerse AG, Asset Management Arm	1,614,146	US$31.5m	0%	12.95%
4.78%	BlackRock, Inc.	650,076	US$12.7m	20.2%	no data
4.25%	Kelly Rodriques	577,050	US$11.3m	3.59%	no data
3.02%	The Vanguard Group, Inc.	410,017	US$8.0m	8.19%	no data
2.18%	Douglass Winthrop Advisors, LLC	295,854	US$5.8m	-0.27%	0.1%
1.69%	U.S. Bancorp Asset Management, Inc.	229,642	US$4.5m	-3.91%	0.01%
1.55%	Alyeska Investment Group, L.P.	210,028	US$4.1m	58.3%	0.01%
1.53%	Geode Capital Management, LLC	208,546	US$4.1m	13.8%	no data
1.52%	AWM Investment Company Inc	206,392	US$4.0m	-21.2%	0.39%
1.23%	Allspring Global Investments, LLC	167,672	US$3.3m	0%	no data
1.22%	Mark Lee	165,370	US$3.2m	29.9%	no data
1.2%	State Street Global Advisors, Inc.	163,459	US$3.2m	5.87%	no data
0.73%	Raymond James Financial Inc., Asset Management Arm	99,334	US$1.9m	0%	no data
0.6%	Northern Trust Global Investments	81,071	US$1.6m	13.6%	no data
0.58%	Asiff Hirji	78,530	US$1.5m	4.8%	no data
0.5%	Charles Schwab Investment Management, Inc.	67,953	US$1.3m	2.34%	no data
0.46%	Abacus Wealth Partners, LLC	62,856	US$1.2m	-0.01%	0.18%
0.43%	Millennium Management LLC	58,701	US$1.1m	0%	no data
0.29%	Renaissance Technologies LLC	38,779	US$756.2k	99.9%	no data
0.25%	Susquehanna International Group, LLP, Asset Management Arm	34,426	US$671.3k	62.9%	no data
0.23%	AQR Capital Management, LLC	31,924	US$622.5k	152%	no data
0.2%	UBS Asset Management AG	26,872	US$524.0k	17.5%	no data
0.19%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	26,255	US$512.0k	-1.86%	no data
0.18%	GSA Capital Partners LLP	23,898	US$466.0k	-21.7%	0.03%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/08/25 00:42
End of Day Share Price	2025/08/25 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Forge Global Holdings, Inc. is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Devin Ryan	Citizens JMP Securities, LLC
Kenneth Worthington	J.P. Morgan
Owen Lau	Oppenheimer & Co. Inc.