Ryan Darrah Sells 5,000 Shares of Forrester Research (NASDAQ:FORR) Stock

Forrester Research, Inc. (NASDAQ:FORR) insider Ryan Darrah sold 5,000 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $11.78, for a total value of $58,900.00. Following the completion of the transaction, the insider owned 27,244 shares in the company, valued at $320,934.32. This trade represents a 15.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Forrester Research Stock Up 0.9%

FORR opened at $11.78 on Friday. Forrester Research, Inc. has a 52 week low of $4.88 and a 52 week high of $12.33. The business has a 50 day moving average price of $9.75 and a two-hundred day moving average price of $7.49. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.29. The company has a market cap of $224.28 million, a PE ratio of -5.24, a P/E/G ratio of 2.19 and a beta of 0.93.

Forrester Research (NASDAQ:FORR) last announced its earnings results 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. The company had revenue of $100.23 million for the quarter, compared to the consensus estimate of $96.91 million. Forrester Research had a positive return on equity of 6.19% and a negative net margin of 11.17%.Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. As a group, research analysts anticipate that Forrester Research, Inc. will post 0.38 EPS for the current year.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Forrester Research from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Institutional Investors Weigh In On Forrester Research

Institutional investors have recently added to or reduced their stakes in the business. Nantahala Capital Management LLC purchased a new position in shares of Forrester Research during the 2nd quarter worth approximately $6,420,581,000. Tieton Capital Management LLC purchased a new stake in shares of Forrester Research in the second quarter valued at approximately $6,370,000. Vanguard Group Inc. grew its holdings in Forrester Research by 0.6% during the third quarter. Vanguard Group Inc. now owns 649,765 shares of the technology company’s stock worth $6,888,000 after acquiring an additional 3,795 shares during the period. Pacific Ridge Capital Partners LLC grew its holdings 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 acquiring an additional 156,566 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC raised its position in Forrester Research by 20.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 333,979 shares of the technology company’s stock worth $3,540,000 after acquiring an additional 56,249 shares in the last quarter. Hedge funds and other institutional investors own 55.20% of the company’s stock.

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.