西方资产管理有限责任公司收购了ForgeRock, Inc.（纽约证券交易所代码：FORG）的23,927股股票

Occidental Asset Management LLC purchased a new position in ForgeRock, Inc. (NYSE:FORG – Get Rating) during the fourth quarter, HoldingsChannel reports. The firm purchased 23,927 shares of the company's stock, valued at approximately $545,000.

A number of other hedge funds also recently bought and sold shares of FORG. Vanguard Group Inc. boosted its stake in ForgeRock by 28.1% in the 3rd quarter. Vanguard Group Inc. now owns 2,869,150 shares of the company's stock worth $41,689,000 after purchasing an additional 629,536 shares in the last quarter. Aperture Investors LLC lifted its stake in ForgeRock by 86.7% during the 3rd quarter. Aperture Investors LLC now owns 1,174,458 shares of the company's stock valued at $17,065,000 after acquiring an additional 545,374 shares during the period. State Street Corp lifted its stake in ForgeRock by 1,049.1% during the 2nd quarter. State Street Corp now owns 531,646 shares of the company's stock valued at $11,388,000 after acquiring an additional 485,378 shares during the period. Wellington Management Group LLP lifted its stake in ForgeRock by 87.1% during the 1st quarter. Wellington Management Group LLP now owns 977,053 shares of the company's stock valued at $21,418,000 after acquiring an additional 454,822 shares during the period. Finally, Northern Trust Corp lifted its stake in ForgeRock by 895.5% during the 2nd quarter. Northern Trust Corp now owns 237,196 shares of the company's stock valued at $5,081,000 after acquiring an additional 213,370 shares during the period. Institutional investors own 32.31% of the company's stock.

Analyst Upgrades and Downgrades

Separately, TheStreet cut shares of ForgeRock from a "c-" rating to a "d+" rating in a research note on Tuesday, February 7th. Eleven analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $22.80.

Insider Activity

In other news, insider Samuel J. Fleischmann sold 6,357 shares of the company's stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $19.78, for a total transaction of $125,741.46. Following the completion of the sale, the insider now owns 46,014 shares of the company's stock, valued at approximately $910,156.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Juan P. Fernandez sold 7,152 shares of the stock in a transaction that occurred on Tuesday, January 17th. The shares were sold at an average price of $20.13, for a total value of $143,969.76. Following the completion of the sale, the chief financial officer now directly owns 229,295 shares of the company's stock, valued at approximately $4,615,708.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Samuel J. Fleischmann sold 6,357 shares of the stock in a transaction that occurred on Tuesday, February 21st. The stock was sold at an average price of $19.78, for a total transaction of $125,741.46. Following the completion of the sale, the insider now directly owns 46,014 shares of the company's stock, valued at $910,156.92. The disclosure for this sale can be found here. Insiders sold 430,048 shares of company stock valued at $8,671,849 in the last quarter. 46.07% of the stock is currently owned by insiders.

ForgeRock Trading Up 0.8 %

NYSE FORG opened at $20.60 on Friday. ForgeRock, Inc. has a 52 week low of $12.80 and a 52 week high of $25.00. The company has a quick ratio of 3.64, a current ratio of 3.64 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $20.16 and a 200-day moving average price of $20.53.

ForgeRock Profile

(Get Rating)

ForgeRock, Inc, together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces (APIs), microservices, devices, and the Internet of things worldwide. It offers identity management products to automate onboarding/registration and progressive profiling, identity lifecycle and relationship management, identity provisioning and synchronization, user self-service, personalization, delegation, and privacy and consent management.

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