Forrester Research Sees Unusually High Options Volume (NASDAQ:FORR)

Forrester Research, Inc. (NASDAQ:FORR) was the target of unusually large options trading activity on Wednesday. Stock investors bought 7,019 put options on the company. This represents an increase of 668% compared to the average daily volume of 914 put options.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Forrester Research

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in shares of Forrester Research by 2,589.5% in the 3rd 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 in the last quarter. Versant Capital Management Inc raised its holdings 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 buying an additional 3,463 shares during the period. BNP Paribas Financial Markets lifted its position in 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 in the last quarter. CWM LLC grew its stake in Forrester Research by 99.0% during the third quarter. CWM LLC now owns 8,445 shares of the technology company’s stock worth $90,000 after buying an additional 4,201 shares during the period. Finally, Strs Ohio purchased a new stake in Forrester Research during the fourth quarter worth approximately $90,000. 55.20% of the stock is currently owned by institutional investors and hedge funds.

Forrester Research Stock Performance

Forrester Research stock traded up $0.01 during trading on Wednesday, reaching $5.76. The company had a trading volume of 42,115 shares, compared to its average volume of 143,047. Forrester Research has a 12-month low of $4.91 and a 12-month high of $11.57. The stock’s 50 day moving average price is $6.73 and its two-hundred day moving average price is $7.77. The firm has a market capitalization of $110.38 million, a price-to-earnings ratio of -0.91, a PEG ratio of 1.20 and a beta of 0.95.

Forrester Research (NASDAQ:FORR) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $0.17 earnings per share 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 8.55%. The company had revenue of $101.06 million during the quarter, compared to analyst estimates of $103.26 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. As a group, research analysts expect that Forrester Research will post 0.74 earnings per share for the current year.

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.