Sei Investments Co. Grows Stake in Forrester Research, Inc. $FORR

Sei Investments Co. increased its position in shares of Forrester Research, Inc. (NASDAQ:FORR) by 112.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 284,424 shares of the technology company’s stock after buying an additional 150,470 shares during the period. Sei Investments Co. owned about 1.47% of Forrester Research worth $1,610,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its position in shares of Forrester Research by 402.0% during the third quarter. BNP Paribas Financial Markets now owns 6,190 shares of the technology company’s stock valued at $66,000 after buying an additional 4,957 shares during the last quarter. Strs Ohio purchased a new position in shares of Forrester Research in the 4th quarter worth approximately $90,000. Inscription Capital LLC bought a new position in shares of Forrester Research during the 4th quarter worth approximately $91,000. Occudo Quantitative Strategies LP bought a new position in shares of Forrester Research during the 4th quarter worth approximately $93,000. Finally, Corient Private Wealth LLC purchased a new stake in Forrester Research during the fourth quarter valued at approximately $93,000. 55.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Forrester Research Stock Down 1.0%

Forrester Research stock opened at $11.62 on Tuesday. The firm has a market cap of $221.24 million, a price-to-earnings ratio of -5.16, a price-to-earnings-growth ratio of 2.21 and a beta of 0.93. Forrester Research, Inc. has a 52 week low of $4.88 and a 52 week high of $12.33. The business’s 50-day moving average price is $8.92 and its 200 day moving average price is $7.26. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.33.

Forrester Research (NASDAQ:FORR) last posted its earnings results on Thursday, July 30th. The technology company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.14. Forrester Research had a positive return on equity of 6.09% and a negative net margin of 11.17%.The firm 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, sell-side analysts anticipate that Forrester Research, Inc. will post 0.38 earnings per share for the current year.

Forrester Research Profile

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.