Vanguard Personalized Indexing Management LLC Purchases Shares of 10,528 Forrester Research, Inc. $FORR

Vanguard Personalized Indexing Management LLC acquired a new position in shares of Forrester Research, Inc. (NASDAQ:FORR) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,528 shares of the technology company’s stock, valued at approximately $104,000. Vanguard Personalized Indexing Management LLC owned 0.06% of Forrester Research at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of FORR. Invenomic Capital Management LP boosted its holdings in shares of Forrester Research by 99.4% during the 1st quarter. Invenomic Capital Management LP now owns 322,163 shares of the technology company’s stock worth $2,977,000 after buying an additional 160,569 shares during the period. Federated Hermes Inc. lifted its position in Forrester Research by 150.1% during the first quarter. Federated Hermes Inc. now owns 250,364 shares of the technology company’s stock worth $2,313,000 after acquiring an additional 150,265 shares during the last quarter. Herald Investment Management Ltd acquired a new stake in Forrester Research during the first quarter worth approximately $1,386,000. Acuitas Investments LLC bought a new stake in shares of Forrester Research during the first quarter worth approximately $426,000. Finally, Worth Venture Partners LLC acquired a new position in shares of Forrester Research in the first quarter valued at approximately $333,000. 55.20% of the stock is owned by institutional investors.

Forrester Research Stock Up 0.4%

FORR stock opened at $9.31 on Monday. Forrester Research, Inc. has a 52 week low of $8.45 and a 52 week high of $17.65. The business has a 50-day simple moving average of $9.69 and a 200 day simple moving average of $9.94. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.22. The company has a market cap of $177.45 million, a PE ratio of -1.98, a price-to-earnings-growth ratio of 0.83 and a beta of 0.96.

Analyst Ratings Changes

Several research analysts have weighed in on FORR shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Forrester Research in a research report on Saturday. Zacks Research lowered shares of Forrester Research from a “hold” rating to a “strong sell” rating in a research report on Thursday. Finally, Wall Street Zen cut shares of Forrester Research from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Sell”.

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.