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
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
16 Aug 24	SellUS$7,827	Drew Sievers	Individual	396.62	US$19.73
13 Aug 24	SellUS$260,657	Kelly Rodriques	Individual	13,867.36	US$19.60
23 May 24	SellUS$106,468	Kelly Rodriques	Individual	4,000.2	US$27.15

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of FRGE?
Owner Type	Number of Shares	Ownership Percentage
VC/PE Firms	933,331	7.57%
Individual Insiders	1,610,879	13.1%
Institutions	4,697,603	38.1%
General Public	5,086,432	41.3%

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

Top Shareholders

Top 25 shareholders own 55.03% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.1%	Deutsche Boerse AG, Asset Management Arm	1,614,146	US$22.9m	-0.01%	12.56%
7.57%	Motive Capital Management, LLC	933,331	US$13.3m	-42.2%	100.0%
5.53%	Paul Luc Heyvaert	682,000	US$9.7m	0%	no data
4.59%	Kelly Rodriques	565,299	US$8.0m	3.43%	no data
4.39%	BlackRock, Inc.	541,029	US$7.7m	-1.42%	no data
3.07%	The Vanguard Group, Inc.	378,977	US$5.4m	-0.21%	no data
2.67%	Temasek Holdings (Private) Limited	329,614	US$4.7m	-35.7%	no data
2.41%	Douglass Winthrop Advisors, LLC	296,669	US$4.2m	-3.58%	0.08%
1.94%	U.S. Bancorp Asset Management, Inc.	238,992	US$3.4m	-3.24%	0.01%
1.49%	Geode Capital Management, LLC	183,234	US$2.6m	3.66%	no data
1.36%	Allspring Global Investments, LLC	167,680	US$2.4m	0%	no data
1.34%	Mark Lee	165,370	US$2.3m	-7.6%	no data
1.27%	State Street Global Advisors, Inc.	156,442	US$2.2m	3.65%	no data
0.62%	Asiff Hirji	76,729	US$1.1m	7.56%	no data
0.58%	Northern Trust Global Investments	71,384	US$1.0m	0.08%	no data
0.54%	Charles Schwab Investment Management, Inc.	66,401	US$942.9k	13.1%	no data
0.51%	Abacus Wealth Partners, LLC	62,860	US$892.6k	0%	0.16%
0.37%	Jane Street Group, LLC, Asset Management Arm	45,680	US$648.7k	355%	no data
0.36%	Cresset Asset Management, LLC	44,899	US$637.6k	-35.2%	no data
0.25%	GSA Capital Partners LLP	30,533	US$433.6k	9.44%	0.05%
0.25%	Renaissance Technologies LLC	30,423	US$432.0k	325%	no data
0.24%	AWM Investment Company Inc	29,301	US$416.1k	0%	0.07%
0.22%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	26,752	US$379.9k	0%	no data
0.19%	SEI Investments Management Corporation	23,961	US$340.2k	30.9%	no data
0.19%	Johnathan Short	22,968	US$326.1k	-79.9%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/16 23:29
End of Day Share Price	2025/05/16 00:00
Earnings	2025/03/31
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

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Industry and Sector Metrics

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Analyst Sources

Forge Global Holdings, Inc. is covered by 7 analysts. 6 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.