Tieton Capital Management LLC purchased a new position in Forrester Research, Inc. (NASDAQ:FORR – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 757,476 shares of the technology company’s stock, valued at approximately $6,370,000. Forrester Research accounts for about 1.8% of Tieton Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. Tieton Capital Management LLC owned approximately 3.90% of Forrester Research at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Russell Investments Group Ltd. increased its position in Forrester Research by 4,110.1% in the second quarter. Russell Investments Group Ltd. now owns 199,012 shares of the technology company’s stock worth $1,674,000 after buying an additional 194,285 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its stake in shares of Forrester Research by 36.2% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 588,888 shares of the technology company’s stock worth $4,782,000 after acquiring an additional 156,566 shares during the period. Sei Investments Co. grew its stake in shares of Forrester Research by 112.3% during the 1st quarter. Sei Investments Co. now owns 284,424 shares of the technology company’s stock worth $1,610,000 after acquiring an additional 150,470 shares during the period. Walleye Capital LLC increased its holdings in Forrester Research by 149.0% in the 4th quarter. Walleye Capital LLC now owns 229,890 shares of the technology company’s stock worth $1,867,000 after acquiring an additional 137,571 shares during the last quarter. Finally, Quantinno Capital Management LP raised its stake in Forrester Research by 81.0% in the 1st quarter. Quantinno Capital Management LP now owns 224,085 shares of the technology company’s stock valued at $1,268,000 after acquiring an additional 100,276 shares during the period. Hedge funds and other institutional investors own 55.20% of the company’s stock.
Analysts Set New Price Targets
Separately, Weiss Ratings upgraded shares of Forrester Research from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 28th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.
Forrester Research Price Performance
Shares of NASDAQ FORR opened at $11.76 on Thursday. The stock has a market cap of $223.91 million, a PE ratio of -5.23, a price-to-earnings-growth ratio of 2.13 and a beta of 0.93. Forrester Research, Inc. has a fifty-two week low of $4.88 and a fifty-two week high of $12.33. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a fifty day moving average of $9.56 and a 200-day moving average of $7.44.
Forrester Research (NASDAQ:FORR – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The technology company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.14. Forrester Research had a positive return on equity of 6.19% and a negative net margin of 11.17%.The business had revenue of $100.23 million for the quarter, compared to analysts’ expectations of $96.91 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. Equities research analysts anticipate that Forrester Research, Inc. will post 0.38 earnings per share for the current year.
About Forrester Research
Forrester Research, Inc is a leading global research and advisory firm that provides insights and guidance to business and technology leaders. Founded in 1983 and headquartered in Cambridge, Massachusetts, the company offers a wide range of services designed to help clients understand market dynamics, evaluate technology investments and develop customer-centric strategies. Forrester’s core offerings include syndicated research reports, bespoke advisory services, consulting engagements and data-driven analytics.
Through its extensive research practice, Forrester produces in-depth analyses of emerging technologies, industry trends and best practices across sectors such as information technology, marketing, customer experience and digital business.
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