538,560 Shares in Forrester Research, Inc. $FORR Purchased by Tieton Capital Management LLC

Tieton Capital Management LLC purchased a new position in Forrester Research, Inc. (NASDAQ:FORR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 538,560 shares of the technology company’s stock, valued at approximately $4,373,000. Forrester Research comprises about 1.5% of Tieton Capital Management LLC’s holdings, making the stock its 28th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FORR. BNP Paribas Financial Markets boosted its holdings in shares of Forrester Research by 402.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,190 shares of the technology company’s stock worth $66,000 after buying an additional 4,957 shares during the last quarter. Strs Ohio purchased a new position in shares of Forrester Research in the 4th quarter worth about $90,000. Inscription Capital LLC purchased a new position in shares of Forrester Research in the 4th quarter worth about $91,000. Nierenberg Investment Management Company Inc. purchased a new stake in Forrester Research during the third quarter valued at about $122,000. Finally, Marshall Wace LLP purchased a new stake in Forrester Research during the second quarter valued at about $131,000. 55.20% of the stock is owned by hedge funds and other institutional investors.

Forrester Research Stock Up 2.4%

FORR stock opened at $7.22 on Tuesday. 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 firm has a market capitalization of $140.14 million, a PE ratio of -2.55, a PEG ratio of 1.34 and a beta of 1.02. Forrester Research, Inc. has a twelve month low of $4.88 and a twelve month high of $11.57. The stock has a 50-day simple moving average of $6.15 and a two-hundred day simple moving average of $6.76.

Forrester Research (NASDAQ:FORR) last announced its quarterly earnings results 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). Forrester Research had a positive return on equity of 6.65% and a negative net margin of 13.74%.The firm had revenue of $85.45 million during the quarter, compared to analysts’ expectations of $83.28 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. On average, equities analysts predict that Forrester Research, Inc. will post 0.38 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on FORR shares. Wall Street Zen downgraded shares of Forrester Research from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. Weiss Ratings reaffirmed 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 given a Sell rating to the company. According to data from MarketBeat.com, Forrester Research currently has a consensus rating of “Reduce”.

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.