Forrester Research, Inc. (NASDAQ:FORR) Director David Boyce sold 380 shares of the business’s stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of $42.95, for a total value of $16,321.00. Following the transaction, the director now directly owns 4,344 shares in the company, valued at $186,574.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

FORR traded up $0.35 during trading on Monday, hitting $43.00. The stock had a trading volume of 435 shares, compared to its average volume of 42,958. The company has a market capitalization of $767.02 million, a PE ratio of 51.45, a price-to-earnings-growth ratio of 3.38 and a beta of 0.36. Forrester Research, Inc. has a one year low of $36.95 and a one year high of $47.75.

Forrester Research (NASDAQ:FORR) last released its quarterly earnings results on Thursday, April 26th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.07). The firm had revenue of $77.75 million during the quarter, compared to the consensus estimate of $78.51 million. Forrester Research had a net margin of 3.07% and a return on equity of 7.62%. sell-side analysts predict that Forrester Research, Inc. will post 1.05 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 27th. Stockholders of record on Wednesday, June 13th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, June 12th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.86%. Forrester Research’s payout ratio is 96.39%.

A number of research firms recently weighed in on FORR. BidaskClub raised Forrester Research from a “hold” rating to a “buy” rating in a report on Saturday, April 21st. Barrington Research reissued a “hold” rating on shares of Forrester Research in a report on Friday, April 27th. Finally, Zacks Investment Research lowered Forrester Research from a “hold” rating to a “sell” rating in a report on Thursday, May 3rd.

Large investors have recently added to or reduced their stakes in the company. Thrivent Financial For Lutherans lifted its position in shares of Forrester Research by 8.7% during the 4th quarter. Thrivent Financial For Lutherans now owns 111,447 shares of the technology company’s stock valued at $4,926,000 after acquiring an additional 8,915 shares during the period. Schwab Charles Investment Management Inc. lifted its position in shares of Forrester Research by 5.6% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 43,040 shares of the technology company’s stock valued at $1,903,000 after acquiring an additional 2,274 shares during the period. ArrowMark Colorado Holdings LLC lifted its position in shares of Forrester Research by 26.2% during the 4th quarter. ArrowMark Colorado Holdings LLC now owns 306,283 shares of the technology company’s stock valued at $13,538,000 after acquiring an additional 63,588 shares during the period. Arizona State Retirement System lifted its position in shares of Forrester Research by 230.3% during the 4th quarter. Arizona State Retirement System now owns 16,616 shares of the technology company’s stock valued at $734,000 after acquiring an additional 11,586 shares during the period. Finally, Spark Investment Management LLC bought a new stake in shares of Forrester Research during the 4th quarter valued at $203,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

Forrester Research Company Profile

Forrester Research, Inc operates as an independent research, data, and advisory services company. It operates through Research, Product, and Project Consulting segments. Its primary syndicated research product is Research, which offers clients with access to its syndicated research designed to inform their strategic decision-making.

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

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