Forrester Research, Inc. (NASDAQ:FORR) Director George Hornig sold 545 shares of Forrester Research stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $46.14, for a total value of $25,146.30. Following the completion of the transaction, the director now directly owns 6,846 shares of the company’s stock, valued at approximately $315,874.44. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

George Hornig also recently made the following trade(s):

  • On Tuesday, November 28th, George Hornig sold 11,530 shares of Forrester Research stock. The stock was sold at an average price of $46.62, for a total value of $537,528.60.

Forrester Research, Inc. (NASDAQ FORR) opened at $46.60 on Tuesday. The stock has a market capitalization of $827.75, a PE ratio of 44.71, a PEG ratio of 4.17 and a beta of 0.46. Forrester Research, Inc. has a 52-week low of $34.95 and a 52-week high of $47.75.

Forrester Research (NASDAQ:FORR) last posted its quarterly earnings results on Wednesday, October 25th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.07. The firm had revenue of $80.40 million during the quarter, compared to analyst estimates of $78.92 million. Forrester Research had a return on equity of 13.80% and a net margin of 5.70%. Forrester Research’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.32 EPS. analysts predict that Forrester Research, Inc. will post 0.92 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Tuesday, December 5th. Forrester Research’s dividend payout ratio is presently 73.79%.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in shares of Forrester Research by 1.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 719,604 shares of the technology company’s stock worth $30,116,000 after purchasing an additional 8,216 shares during the last quarter. Schwab Charles Investment Management Inc. increased its holdings in Forrester Research by 5.4% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 40,766 shares of the technology company’s stock worth $1,707,000 after buying an additional 2,081 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Forrester Research by 10.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,351 shares of the technology company’s stock worth $644,000 after buying an additional 1,426 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its holdings in Forrester Research by 59.8% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 3,660 shares of the technology company’s stock worth $153,000 after buying an additional 1,370 shares in the last quarter. Finally, New York State Common Retirement Fund increased its holdings in Forrester Research by 38.7% in the 3rd quarter. New York State Common Retirement Fund now owns 16,500 shares of the technology company’s stock worth $691,000 after buying an additional 4,600 shares in the last quarter. 54.42% of the stock is owned by hedge funds and other institutional investors.

FORR has been the subject of several recent analyst reports. Zacks Investment Research raised Forrester Research from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a research report on Monday, October 30th. BidaskClub raised Forrester Research from a “hold” rating to a “buy” rating in a research report on Friday, August 25th.

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About Forrester Research

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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