Portolan Capital Management LLC Raises Stake in Forrester Research, Inc. $FORR

Portolan Capital Management LLC increased its stake in Forrester Research, Inc. (NASDAQ:FORR) by 46.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 513,872 shares of the technology company’s stock after acquiring an additional 162,146 shares during the quarter. Portolan Capital Management LLC’s holdings in Forrester Research were worth $5,447,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FORR. GAMMA Investing LLC increased its position in shares of Forrester Research by 2,589.5% during the third quarter. GAMMA Investing LLC now owns 3,066 shares of the technology company’s stock worth $32,000 after acquiring an additional 2,952 shares during the period. Versant Capital Management Inc grew its stake 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 worth $49,000 after purchasing an additional 3,463 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Forrester Research by 402.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,190 shares of the technology company’s stock worth $66,000 after purchasing an additional 4,957 shares during the period. CWM LLC raised its position in Forrester Research by 99.0% during the 3rd quarter. CWM LLC now owns 8,445 shares of the technology company’s stock valued at $90,000 after purchasing an additional 4,201 shares in the last quarter. Finally, Nierenberg Investment Management Company Inc. purchased a new stake in shares of Forrester Research in the 3rd quarter worth $122,000. 55.20% of the stock is owned by hedge funds and other institutional investors.

Forrester Research Trading Down 4.2%

NASDAQ:FORR opened at $5.97 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 company has a market capitalization of $113.45 million, a P/E ratio of -0.95, a PEG ratio of 1.25 and a beta of 0.95. The firm has a fifty day simple moving average of $7.03 and a 200-day simple moving average of $7.98.

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

Analyst Ratings Changes

Several research firms recently weighed in on FORR. Wall Street Zen downgraded Forrester Research from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. Weiss Ratings restated a “sell (e+)” rating on shares of Forrester Research in a report on Monday, December 29th. Finally, Zacks Research upgraded shares of Forrester Research from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

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.