Royce & Associates LP Decreases Position in Forrester Research, Inc. $FORR

Royce & Associates LP cut its holdings in Forrester Research, Inc. (NASDAQ:FORR) by 90.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,387 shares of the technology company’s stock after selling 1,014,910 shares during the period. Royce & Associates LP owned approximately 0.56% of Forrester Research worth $1,128,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of FORR. Jane Street Group LLC increased its holdings in shares of Forrester Research by 7.8% in the second quarter. Jane Street Group LLC now owns 20,741 shares of the technology company’s stock worth $205,000 after buying an additional 1,494 shares during the period. Engineers Gate Manager LP grew its position in Forrester Research by 9.7% during the 2nd quarter. Engineers Gate Manager LP now owns 19,626 shares of the technology company’s stock worth $194,000 after acquiring an additional 1,728 shares during the last quarter. Federated Hermes Inc. increased its stake in Forrester Research by 1.0% in the 2nd quarter. Federated Hermes Inc. now owns 252,810 shares of the technology company’s stock worth $2,503,000 after purchasing an additional 2,446 shares during the period. GAMMA Investing LLC lifted its position in Forrester Research by 2,589.5% in the third quarter. GAMMA Investing LLC now owns 3,066 shares of the technology company’s stock valued at $32,000 after purchasing an additional 2,952 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in Forrester Research by 300.3% in the third quarter. Versant Capital Management Inc now owns 4,616 shares of the technology company’s stock valued at $49,000 after purchasing an additional 3,463 shares during the last quarter. 55.20% of the stock is owned by institutional investors.

Forrester Research Trading Up 2.1%

Shares of FORR stock opened at $6.46 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.22. Forrester Research, Inc. has a 12-month low of $4.91 and a 12-month high of $11.57. The stock has a market capitalization of $122.74 million, a P/E ratio of -1.02, a P/E/G ratio of 1.27 and a beta of 0.95. The firm’s 50 day moving average is $7.20 and its 200 day moving average is $8.10.

Forrester Research (NASDAQ:FORR) last announced its earnings results on Thursday, February 12th. The technology company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04). Forrester Research had a negative net margin of 30.07% and a positive return on equity of 8.16%. The business had revenue of $101.06 million for the quarter, compared to analysts’ expectations of $103.26 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. Research analysts expect that Forrester Research, Inc. will post 0.74 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Zacks Research raised shares of Forrester Research from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Wall Street Zen lowered shares of Forrester Research from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Forrester Research in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

Forrester Research Company 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.