Sei Investments Co. Raises Stock Holdings in Forrester Research, Inc. $FORR

Sei Investments Co. boosted its stake in Forrester Research, Inc. (NASDAQ:FORR) by 112.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 284,424 shares of the technology company’s stock after purchasing an additional 150,470 shares during the period. Sei Investments Co.’s holdings in Forrester Research were worth $1,610,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC increased its position in shares of Forrester Research by 7.8% during the second quarter. Jane Street Group LLC now owns 20,741 shares of the technology company’s stock worth $205,000 after acquiring an additional 1,494 shares during the period. Engineers Gate Manager LP boosted its stake in shares of Forrester Research by 9.7% in the 2nd quarter. Engineers Gate Manager LP now owns 19,626 shares of the technology company’s stock valued at $194,000 after buying an additional 1,728 shares during the period. Bank of New York Mellon Corp grew its position in shares of Forrester Research by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 68,756 shares of the technology company’s stock worth $389,000 after buying an additional 2,266 shares in the last quarter. Federated Hermes Inc. increased its stake in shares of Forrester Research by 1.0% during the second quarter. Federated Hermes Inc. now owns 252,810 shares of the technology company’s stock worth $2,503,000 after buying an additional 2,446 shares during the period. Finally, Squarepoint Ops LLC increased its stake in shares of Forrester Research by 9.7% during the fourth quarter. Squarepoint Ops LLC now owns 31,145 shares of the technology company’s stock worth $253,000 after buying an additional 2,752 shares during the period. 55.20% of the stock is owned by institutional investors and hedge funds.

Forrester Research Stock Performance

NASDAQ:FORR opened at $11.62 on Tuesday. The firm’s fifty day simple moving average is $8.92 and its 200-day simple moving average is $7.26. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.33. The stock has a market cap of $221.24 million, a PE ratio of -5.16, a price-to-earnings-growth ratio of 2.21 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.

Forrester Research (NASDAQ:FORR) last released its quarterly earnings data on Thursday, July 30th. The technology company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.14. Forrester Research had a positive return on equity of 6.09% and a negative net margin of 11.17%.The firm 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. Analysts expect that Forrester Research, Inc. will post 0.38 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Forrester Research from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

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.