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

Forrester Research, Inc. (NASDAQ:FORR) insider Ryan Darrah sold 5,000 shares of Forrester Research stock in a transaction that occurred on 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 approximately $320,934.32. The trade was a 15.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Forrester Research Stock Performance

NASDAQ FORR traded down $0.09 on Thursday, reaching $11.67. The stock had a trading volume of 66,126 shares, compared to its average volume of 126,823. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a fifty day moving average of $9.56 and a two-hundred day moving average of $7.44. Forrester Research, Inc. has a 1-year low of $4.88 and a 1-year high of $12.33. The company has a market cap of $222.20 million, a P/E ratio of -5.19, a price-to-earnings-growth ratio of 2.13 and a beta of 0.93.

Forrester Research (NASDAQ:FORR) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.14. The firm had revenue of $100.23 million for the quarter, compared to analysts’ expectations 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. On average, equities research analysts anticipate that Forrester Research, Inc. will post 0.38 EPS for the current year.

Hedge Funds Weigh In On Forrester Research

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jacobs Levy Equity Management Inc. bought a new stake in shares of Forrester Research during the 1st quarter valued at $149,000. Jane Street Group LLC bought a new position in shares of Forrester Research in the first quarter worth $178,000. Arrowstreet Capital Limited Partnership bought a new position in shares of Forrester Research in the second quarter worth $801,000. Marshall Wace LLP acquired a new position in Forrester Research in the second quarter valued at about $131,000. Finally, Federated Hermes Inc. raised its stake in Forrester Research by 1.0% in the second quarter. Federated Hermes Inc. now owns 252,810 shares of the technology company’s stock valued at $2,503,000 after purchasing an additional 2,446 shares in the last quarter. 55.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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