Forrester Research, Inc. (NASDAQ:FORR – Get Free Report) insider Ryan Darrah sold 5,000 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $11.78, for a total transaction of $58,900.00. Following the completion of the sale, the insider owned 27,244 shares of the company’s stock, valued at $320,934.32. This trade represents a 15.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Forrester Research Stock Performance
FORR opened at $11.78 on Friday. The firm has a market capitalization of $224.29 million, a PE ratio of -5.24, a PEG ratio of 2.21 and a beta of 0.93. Forrester Research, Inc. has a twelve month low of $4.88 and a twelve month high of $12.33. The firm’s 50-day moving average price is $9.75 and its 200 day moving average price is $7.49. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.29.
Forrester Research (NASDAQ:FORR – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The technology company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.14. Forrester Research had a negative net margin of 11.17% and a positive return on equity of 6.19%. The company had revenue of $100.23 million during the quarter, compared to the consensus estimate of $96.91 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. As a group, sell-side analysts expect that Forrester Research, Inc. will post 0.38 EPS for the current fiscal year.
Wall Street Analyst Weigh In
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Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. Sei Investments Co. raised its holdings in shares of Forrester Research by 112.3% in the 1st quarter. Sei Investments Co. now owns 284,424 shares of the technology company’s stock valued at $1,610,000 after buying an additional 150,470 shares during the period. Tieton Capital Management LLC purchased a new position in Forrester Research during the 4th quarter valued at about $4,373,000. Quantinno Capital Management LP grew its position 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 in the last quarter. Russell Investments Group Ltd. grew its position in Forrester Research by 4,110.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 199,012 shares of the technology company’s stock valued at $1,674,000 after acquiring an additional 194,285 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC increased its stake in Forrester Research by 36.2% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 588,888 shares of the technology company’s stock worth $4,782,000 after purchasing an additional 156,566 shares during the period. 55.20% of the stock is currently owned by hedge funds and other institutional investors.
Forrester Research Company Profile
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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