GSA Capital Partners LLP Takes Position in Forrester Research, Inc. $FORR

GSA Capital Partners LLP acquired a new stake in Forrester Research, Inc. (NASDAQ:FORR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 64,275 shares of the technology company’s stock, valued at approximately $541,000.

Other institutional investors also recently bought and sold shares of the company. Russell Investments Group Ltd. raised its holdings in shares of Forrester Research by 4,110.1% in the second quarter. Russell Investments Group Ltd. now owns 199,012 shares of the technology company’s stock valued at $1,674,000 after buying an additional 194,285 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new position in shares of Forrester Research during the second quarter worth about $132,000. Versant Capital Management Inc increased its position in Forrester Research by 63.2% in the 2nd quarter. Versant Capital Management Inc now owns 8,360 shares of the technology company’s stock valued at $70,000 after acquiring an additional 3,237 shares during the period. Quantinno Capital Management LP increased 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 during the period. Finally, Sei Investments Co. raised its stake in Forrester Research by 112.3% during the 1st quarter. Sei Investments Co. now owns 284,424 shares of the technology company’s stock valued at $1,610,000 after acquiring an additional 150,470 shares during the last quarter. 55.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Ryan Darrah sold 5,000 shares of the firm’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 sale, the insider owned 27,244 shares in the company, valued at $320,934.32. This trade represents a 15.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 40.70% of the stock is owned by corporate insiders.

Forrester Research Stock Performance

NASDAQ FORR opened at $11.67 on Friday. The stock has a market capitalization of $222.20 million, a price-to-earnings ratio of -5.19, a PEG ratio of 2.21 and a beta of 0.93. The business’s 50 day moving average is $9.66 and its two-hundred day moving average is $7.46. Forrester Research, Inc. has a 12-month low of $4.88 and a 12-month high of $12.33. 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) last posted its quarterly earnings results on Thursday, July 30th. The technology company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.14. The firm 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. Research analysts expect that Forrester Research, Inc. will post 0.38 EPS for the current year.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Forrester Research from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently 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.