Insider Selling: Forrester Research (NASDAQ:FORR) Insider Sells 5,000 Shares

Forrester Research, Inc. (NASDAQ:FORR) insider Ryan Darrah sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $11.78, for a total transaction of $58,900.00. Following the completion of the transaction, the insider owned 27,244 shares of the company’s stock, valued at $320,934.32. The trade was a 15.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Forrester Research Price Performance

Shares of Forrester Research stock traded down $0.09 on Thursday, reaching $11.67. 66,126 shares of the stock were exchanged, compared to its average volume of 126,823. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $222.20 million, a PE ratio of -5.19, a P/E/G ratio of 2.13 and a beta of 0.93. The firm’s 50 day moving average is $9.56 and its 200-day moving average is $7.44. Forrester Research, Inc. has a one year low of $4.88 and a one year high of $12.33.

Forrester Research (NASDAQ:FORR) last announced its quarterly earnings data on Thursday, July 30th. The technology company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.14. Forrester Research had a negative net margin of 11.17% and a positive return on equity of 6.19%. The business had revenue of $100.23 million for the quarter, compared to analysts’ expectations of $96.91 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. As a group, analysts anticipate that Forrester Research, Inc. will post 0.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Forrester Research from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 28th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its holdings in shares of Forrester Research by 402.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,190 shares of the technology company’s stock valued at $66,000 after purchasing an additional 4,957 shares during the last quarter. Versant Capital Management Inc lifted its stake in Forrester Research by 63.2% in the 2nd quarter. Versant Capital Management Inc now owns 8,360 shares of the technology company’s stock valued at $70,000 after purchasing an additional 3,237 shares during the last quarter. Strs Ohio acquired a new stake in Forrester Research in the fourth quarter valued at approximately $90,000. Inscription Capital LLC acquired a new stake in Forrester Research in the fourth quarter valued at approximately $91,000. Finally, Occudo Quantitative Strategies LP bought a new stake in shares of Forrester Research during the fourth quarter worth $93,000. Institutional investors own 55.20% of the company’s stock.

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.