Susquehanna International Group LLP lowered its position in shares of Forrester Research, Inc. (NASDAQ:FORR – Free Report) by 80.8% during the second quarter, Holdings Channel.com reports. The firm owned 74,551 shares of the technology company’s stock after selling 314,703 shares during the quarter. Susquehanna International Group LLP’s holdings in Forrester Research were worth $627,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its holdings in Forrester Research by 402.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,190 shares of the technology company’s stock valued at $66,000 after buying an additional 4,957 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of Forrester Research by 63.2% during the second quarter. Versant Capital Management Inc now owns 8,360 shares of the technology company’s stock worth $70,000 after buying an additional 3,237 shares in the last quarter. Strs Ohio bought a new stake in shares of Forrester Research in the fourth quarter valued at about $90,000. Occudo Quantitative Strategies LP bought a new stake in shares of Forrester Research in the fourth quarter valued at about $93,000. Finally, Corient Private Wealth LLC acquired a new position in shares of Forrester Research in the fourth quarter valued at about $93,000. 55.20% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on FORR. Weiss Ratings raised shares of Forrester Research from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 28th. Wall Street Zen raised shares of Forrester Research from a “hold” rating to a “buy” rating in a report on Saturday. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Forrester Research presently has an average rating of “Reduce”.
Forrester Research Stock Down 0.6%
NASDAQ FORR opened at $12.30 on Tuesday. The business has a fifty day moving average price of $10.39 and a two-hundred day moving average price of $7.70. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.06 and a quick ratio of 1.06. Forrester Research, Inc. has a fifty-two week low of $4.88 and a fifty-two week high of $12.63. The stock has a market capitalization of $234.19 million, a PE ratio of -5.47, a PEG ratio of 2.33 and a beta of 0.93.
Forrester Research (NASDAQ:FORR – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $100.23 million for the quarter, compared to analyst estimates of $96.91 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. Equities analysts expect that Forrester Research, Inc. will post 0.38 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, insider Ryan Darrah sold 5,000 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $11.78, for a total value of $58,900.00. Following the sale, the insider directly 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 transaction was disclosed in a filing with the SEC, which is available through this link. 40.70% of the stock is owned by company insiders.
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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