Forrester Research, Inc. (NASDAQ:FORR) Insider Sells $69,500.00 in Stock

Forrester Research, Inc. (NASDAQ:FORRGet Rating) insider Carrie Johnson sold 2,000 shares of the business’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $34.75, for a total transaction of $69,500.00. Following the transaction, the insider now directly owns 5,088 shares of the company’s stock, valued at $176,808. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Carrie Johnson also recently made the following trade(s):

  • On Thursday, November 10th, Carrie Johnson sold 3,253 shares of Forrester Research stock. The stock was sold at an average price of $35.85, for a total transaction of $116,620.05.
  • On Tuesday, November 1st, Carrie Johnson sold 223 shares of Forrester Research stock. The stock was sold at an average price of $42.40, for a total transaction of $9,455.20.

Forrester Research Trading Down 0.5 %

Shares of FORR stock opened at $35.34 on Friday. Forrester Research, Inc. has a 52-week low of $33.49 and a 52-week high of $60.90. The stock has a market cap of $673.23 million, a price-to-earnings ratio of 21.68, a P/E/G ratio of 1.41 and a beta of 1.01. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a fifty day moving average of $37.21 and a 200-day moving average of $43.06.

Institutional Investors Weigh In On Forrester Research

A number of hedge funds have recently made changes to their positions in FORR. Victory Capital Management Inc. increased its position in shares of Forrester Research by 14.9% during the 1st quarter. Victory Capital Management Inc. now owns 12,971 shares of the technology company’s stock worth $724,000 after purchasing an additional 1,680 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Forrester Research by 172.2% during the 1st quarter. Russell Investments Group Ltd. now owns 4,900 shares of the technology company’s stock worth $276,000 after acquiring an additional 3,100 shares during the last quarter. Royce & Associates LP grew its holdings in Forrester Research by 10.5% during the 1st quarter. Royce & Associates LP now owns 1,755,145 shares of the technology company’s stock worth $99,025,000 after acquiring an additional 167,042 shares during the last quarter. IndexIQ Advisors LLC bought a new stake in Forrester Research during the 1st quarter worth about $412,000. Finally, Los Angeles Capital Management LLC grew its holdings in Forrester Research by 11.8% during the 1st quarter. Los Angeles Capital Management LLC now owns 21,551 shares of the technology company’s stock worth $1,216,000 after acquiring an additional 2,270 shares during the last quarter. Institutional investors and hedge funds own 55.51% of the company’s stock.

Wall Street Analyst Weigh In

FORR has been the topic of a number of recent analyst reports. StockNews.com assumed coverage on shares of Forrester Research in a report on Wednesday, October 12th. They set a “strong-buy” rating on the stock. William Blair reissued a “market perform” rating on shares of Forrester Research in a research report on Monday, August 1st. Finally, Barrington Research decreased their price objective on shares of Forrester Research from $65.00 to $48.00 in a report on Thursday, November 10th.

Forrester Research Company Profile

(Get Rating)

Forrester Research, Inc operates as an independent research and advisory services company. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research portfolio services include Forrester Research, SiriusDecisions Research, and Forrester Decisions, which are designed to provide business and technology leaders with a proven path to growth through customer obsession.

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