SG Americas Securities LLC Buys Shares of 7,095 Forrester Research, Inc. (NASDAQ:FORR)

SG Americas Securities LLC purchased a new position in shares of Forrester Research, Inc. (NASDAQ:FORR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 7,095 shares of the technology company’s stock, valued at approximately $111,000.

A number of other institutional investors also recently modified their holdings of the business. FMR LLC grew its position in Forrester Research by 138.7% in the third quarter. FMR LLC now owns 2,535 shares of the technology company’s stock valued at $46,000 after acquiring an additional 1,473 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Forrester Research by 734.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 20,916 shares of the technology company’s stock valued at $377,000 after purchasing an additional 18,410 shares in the last quarter. Creative Planning grew its holdings in shares of Forrester Research by 66.1% during the 3rd quarter. Creative Planning now owns 26,772 shares of the technology company’s stock valued at $482,000 after purchasing an additional 10,651 shares during the last quarter. Auxier Asset Management increased its position in Forrester Research by 72.3% during the 3rd quarter. Auxier Asset Management now owns 33,412 shares of the technology company’s stock worth $602,000 after purchasing an additional 14,024 shares in the last quarter. Finally, Barclays PLC lifted its stake in Forrester Research by 71.1% in the 3rd quarter. Barclays PLC now owns 44,090 shares of the technology company’s stock valued at $794,000 after purchasing an additional 18,319 shares during the last quarter. Institutional investors and hedge funds own 55.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Forrester Research from a “hold” rating to a “buy” rating in a research note on Saturday, December 14th.

Forrester Research Trading Down 12.1 %

NASDAQ FORR opened at $13.27 on Thursday. The company has a market cap of $252.13 million, a price-to-earnings ratio of -37.91, a price-to-earnings-growth ratio of 0.97 and a beta of 0.91. Forrester Research, Inc. has a twelve month low of $11.79 and a twelve month high of $21.91. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.15. The business’s fifty day moving average is $15.48 and its 200 day moving average is $16.65.

Forrester Research Company Profile

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