ForgeRock (FORG)

Company Profile

ForgeRock®, the leader in digital identity, delivers modern and comprehensive identity and access management solutions for consumers, employees and things to simply and safely access the connected world. Using ForgeRock, more than a thousand global customer organizations orchestrate, manage, and secure the complete lifecycle of identities from dynamic access controls, governance, APIs, and storing authoritative data – consumable in any cloud or hybrid environment. The company is headquartered in San Francisco, California, with offices around the world.

Company profile

Ticker

FORG

Exchange

NYSE

Website

www.forgerock.com

CEO

Francis C. Rosch

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Information > Software Publishers

Industry (SIC)

Services - Prepackaged Software

Microsoft • Oracle • Mobileye Global • Gen Digital • BlackBerry • Activision Blizzard • Vmware • Adobe • Ceridian HCM Holding • McAfee ...

SEC CIK

0001543916

Corporate docs

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

331223363

FORG stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Submission of Matters to a Vote of Security Holders

Additional proxy soliciting materials

Proxy related to merger

8 Dec 22

DEFA14A

Additional proxy soliciting materials

28 Nov 22

PREM14A

Preliminary proxy related to merger

10 Nov 22

ForgeRock Announces Third Quarter 2022 Financial Results

9 Nov 22

DEFA14A

Additional proxy soliciting materials

11 Oct 22

Transcripts

FORG

Earnings call transcript

2022 Q2

12 Aug 22

FORG

Earnings call transcript

2022 Q1

12 May 22

FORG

Earnings call transcript

2021 Q4

2 Mar 22

FORG

Earnings call transcript

2021 Q3

11 Nov 21

Latest ownership filings

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PRICE T ROWE ASSOCIATES INC /MD/

Financial summary

Financial statements Chart FORG financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	138.58 mm	138.58 mm	138.58 mm	138.58 mm	138.58 mm	138.58 mm
Cash burn (monthly)	(no burn)	4.89 mm	4.26 mm	5.27 mm	(no burn)	147.50 k
Cash used (since last report)	n/a	20.40 mm	17.78 mm	21.99 mm	n/a	615.47 k
Cash remaining	n/a	118.19 mm	120.80 mm	116.60 mm	n/a	137.97 mm
Runway (months of cash)	n/a	24.2	28.3	22.1	n/a	935.4

Beta Read what these cash burn values mean

Financial data from ForgeRock earnings reports.

Institutional ownership, Q3 2022

FORG institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	100	89	+12.4%
Opened positions	23	37	-37.8%
Closed positions	12	24	-50.0%
Increased positions	29	21	+38.1%
Reduced positions	25	17	+47.1%

13F shares	Current	Prev Q	Change
Total value	1.72 bn	6.36 bn	-73.0%
Total shares	74.99 mm	76.52 mm	-2.0%
Total puts	106.60 k	70.00 k	+52.3%
Total calls	57.60 k	62.40 k	-7.7%
Total put/call ratio	1.9	1.1	+65.0%

Largest owners	Shares	Value	Change
Accel Growth Fund IV	13.09 mm	$0.00	0.0%
A.S. GravityRock	9.83 mm	$0.00	0.0%
Foundation Capital VII	8.54 mm	$228.03 mm	0.0%
Riverwood Capital Partners III	7.12 mm	$0.00	0.0%
KKR Fox Investors	5.29 mm	$141.12 mm	0.0%
Riverwood Capital Management	4.57 mm	$66.37 mm	0.0%
Meritech Capital Partners IV	4.05 mm	$0.00	0.0%
Meritech Capital Associates IV, L.L.C.	3.46 mm	$50.32 mm	0.0%
Vanguard	2.87 mm	$41.69 mm	+28.1%
BLK Blackrock	2.30 mm	$33.40 mm	+2.6%

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price	1.05 mm	-1.46 mm	-58.2%
Point72 Asset Management	19.80 k	-840.23 k	-97.7%
Vanguard	2.87 mm	+629.54 k	+28.1%
Cooper Creek Partners Management	1.21 mm	+566.78 k	+88.5%
Light Street Capital Management	1.11 mm	-554.99 k	-33.3%
Aperture Investors	1.17 mm	+545.37 k	+86.7%
STT State Street	0.00	-531.65 k	EXIT
Etf Managers	0.00	-318.43 k	EXIT
Edmond De Rothschild Holding	1.65 mm	+180.31 k	+12.3%
Marshall Wace	133.00 k	-177.68 k	-57.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FORG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 Jan 23	Juan P Fernandez	Class A Common Stock	Sell	Dispose S	No	Yes	20.1287	7,152	143.96 k	229,295
16 Dec 22	Juan P Fernandez	Class A Common Stock	Sell	Dispose S	No	Yes	23.4286	7,152	167.56 k	243,599
9 Dec 22	Juan P Fernandez	Class A Common Stock	Conversion	Acquire C	No	No	0	10,000	0.00	250,751
9 Dec 22	Juan P Fernandez	Class B Common Stock Class A Common Stock	Conversion	Dispose C	No	No	0	10,000	0.00	0
9 Dec 22	Juan P Fernandez	Class B Common Stock Class A Common Stock	Option exercise	Acquire M	No	No	0	10,000	0.00	10,000
9 Dec 22	Juan P Fernandez	Stock Option Class B Common Stock	Option exercise	Dispose M	No	No	0.43	10,000	4.30 k	251,533
8 Dec 22	Peter K Jr. Angstadt	Class A Common Stock	Sell	Dispose S	No	No	21.4731	75,000	1.61 mm	121,654
8 Dec 22	Peter K Jr. Angstadt	Class A Common Stock	Conversion	Acquire C	No	No	0	75,000	0.00	196,654
8 Dec 22	Peter K Jr. Angstadt	Class B Common Stock Class A Common Stock	Conversion	Dispose C	No	No	0	75,000	0.00	0
8 Dec 22	Peter K Jr. Angstadt	Class B Common Stock Class A Common Stock	Option exercise	Acquire M	No	No	0	75,000	0.00	75,000