Forrester Research, Inc. $FORR Shares Purchased by Pacific Ridge Capital Partners LLC

Pacific Ridge Capital Partners LLC lifted its holdings in Forrester Research, Inc. (NASDAQ:FORR) by 36.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 588,888 shares of the technology company’s stock after purchasing an additional 156,566 shares during the quarter. Pacific Ridge Capital Partners LLC owned 3.10% of Forrester Research worth $4,782,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FORR. Jacobs Levy Equity Management Inc. acquired a new position in Forrester Research during the first quarter worth about $149,000. Jane Street Group LLC acquired a new stake in Forrester Research during the first quarter valued at approximately $178,000. Arrowstreet Capital Limited Partnership acquired a new stake in Forrester Research during the second quarter valued at approximately $801,000. Marshall Wace LLP bought a new position in shares of Forrester Research in the second quarter valued at $131,000. Finally, Federated Hermes Inc. boosted its stake in shares of Forrester Research by 1.0% during the 2nd quarter. Federated Hermes Inc. now owns 252,810 shares of the technology company’s stock worth $2,503,000 after acquiring an additional 2,446 shares in the last quarter. Institutional investors own 55.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FORR. Wall Street Zen cut Forrester Research from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. Zacks Research upgraded Forrester Research from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Forrester Research in a report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

Forrester Research Trading Down 4.1%

Shares of Forrester Research stock opened at $6.59 on Tuesday. The company’s fifty day simple moving average is $5.98 and its 200-day simple moving average is $6.91. Forrester Research, Inc. has a 1 year low of $4.88 and a 1 year high of $11.57. The company has a market cap of $126.40 million, a price-to-earnings ratio of -2.33, a PEG ratio of 1.33 and a beta of 0.99.

Forrester Research (NASDAQ:FORR) last released its quarterly earnings data on Wednesday, May 6th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.16). The firm had revenue of $85.45 million for the quarter, compared to the consensus estimate of $83.28 million. Forrester Research had a negative net margin of 13.74% and a positive return on equity of 6.18%. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. As a group, research analysts forecast that Forrester Research, Inc. will post 0.37 earnings per share for the current fiscal year.

Forrester Research 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.