Stock Traders Buy Large Volume of Forrester Research Put Options (NASDAQ:FORR)

Forrester Research, Inc. (NASDAQ:FORR) was the target of some unusual options trading on Monday. Stock traders purchased 7,000 put options on the company. This is an increase of 11,375% compared to the typical volume of 61 put options.

Forrester Research Stock Down 9.9%

Shares of NASDAQ FORR opened at $5.53 on Tuesday. The firm has a market capitalization of $105.07 million, a PE ratio of -0.88, a price-to-earnings-growth ratio of 1.29 and a beta of 0.93. 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 has a 1 year low of $4.91 and a 1 year high of $12.10. The firm’s 50-day moving average is $7.42 and its 200-day moving average is $8.32.

Forrester Research (NASDAQ:FORR) last posted 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 positive return on equity of 8.16% and a negative net margin of 30.07%.The business had revenue of $101.06 million for the quarter, compared to the consensus estimate of $103.26 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. Equities analysts expect that Forrester Research will post 0.74 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its holdings in 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 buying an additional 2,952 shares during the last quarter. CWM LLC boosted its stake in Forrester Research by 279.6% during the 2nd quarter. CWM LLC now owns 4,244 shares of the technology company’s stock worth $42,000 after acquiring an additional 3,126 shares during the last quarter. Versant Capital Management Inc boosted its stake in Forrester Research by 300.3% during the 3rd quarter. Versant Capital Management Inc now owns 4,616 shares of the technology company’s stock worth $49,000 after acquiring an additional 3,463 shares during the last quarter. BNP Paribas Financial Markets grew its holdings 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 purchasing an additional 4,957 shares during the period. Finally, Strs Ohio bought a new stake in Forrester Research in the fourth quarter valued at approximately $90,000. 55.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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