Forrester Research, Inc. (NASDAQ:FORR) Director Henk Broeders sold 17,632 shares of the firm’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $41.00, for a total value of $722,912.00. Following the completion of the transaction, the director now directly owns 18,662 shares in the company, valued at $765,142. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Henk Broeders also recently made the following trade(s):

  • On Monday, August 7th, Henk Broeders sold 11,300 shares of Forrester Research stock. The stock was sold at an average price of $41.00, for a total value of $463,300.00.

Shares of Forrester Research, Inc. (NASDAQ FORR) opened at 40.60 on Friday. The company has a market capitalization of $719.96 million, a PE ratio of 41.43 and a beta of 0.42. Forrester Research, Inc. has a 12-month low of $34.95 and a 12-month high of $44.40. The firm’s 50-day moving average price is $40.27 and its 200-day moving average price is $39.38.

Forrester Research (NASDAQ:FORR) last posted its earnings results on Wednesday, July 26th. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.07. Forrester Research had a net margin of 5.49% and a return on equity of 13.00%. The business had revenue of $89.70 million for the quarter, compared to analyst estimates of $87.51 million. During the same period in the prior year, the company posted $0.46 EPS. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. On average, analysts expect that Forrester Research, Inc. will post $1.18 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 6th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend is Tuesday, September 5th. Forrester Research’s payout ratio is currently 77.55%.

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Large investors have recently bought and sold shares of the company. Victory Capital Management Inc. raised its stake in Forrester Research by 414.9% in the first quarter. Victory Capital Management Inc. now owns 15,582 shares of the technology company’s stock valued at $619,000 after buying an additional 12,556 shares during the last quarter. Martingale Asset Management L P raised its stake in Forrester Research by 67.0% in the first quarter. Martingale Asset Management L P now owns 17,204 shares of the technology company’s stock valued at $684,000 after buying an additional 6,904 shares during the last quarter. Alambic Investment Management L.P. purchased a new stake in Forrester Research during the first quarter valued at about $220,000. Oxford Asset Management purchased a new stake in Forrester Research during the first quarter valued at about $231,000. Finally, Bahl & Gaynor Inc. raised its stake in Forrester Research by 70.5% in the first quarter. Bahl & Gaynor Inc. now owns 18,180 shares of the technology company’s stock valued at $723,000 after buying an additional 7,515 shares during the last quarter. 52.08% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages recently commented on FORR. BidaskClub raised Forrester Research from a “hold” rating to a “buy” rating in a report on Friday, August 25th. Zacks Investment Research raised Forrester Research from a “sell” rating to a “hold” rating in a report on Monday, August 14th.

Forrester Research Company Profile

Forrester Research, Inc (Forrester) is an independent research, data, and advisory services firm. The Company offers research, data, advisory and related services that are thematic, prescriptive and executable, and that provide a perspective on the changing business environment. Its segments include Research, Product and Project Consulting.

Insider Buying and Selling by Quarter for Forrester Research (NASDAQ:FORR)

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