Forrester Research Target of Unusually High Options Trading (NASDAQ:FORR)

Forrester Research, Inc. (NASDAQ:FORR) was the target of some unusual options trading activity on Wednesday. Stock investors purchased 7,019 put options on the company. This is an increase of approximately 668% compared to the average volume of 914 put options.

Institutional Trading of Forrester Research

Hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC increased its stake in Forrester Research by 2,589.5% in the third quarter. GAMMA Investing LLC now owns 3,066 shares of the technology company’s stock valued at $32,000 after acquiring an additional 2,952 shares during the last quarter. Versant Capital Management Inc lifted its stake in Forrester Research by 300.3% during 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 during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Forrester Research by 402.0% in 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 in the last quarter. CWM LLC boosted its holdings in shares of Forrester Research by 99.0% in the 3rd quarter. CWM LLC now owns 8,445 shares of the technology company’s stock worth $90,000 after purchasing an additional 4,201 shares in the last quarter. Finally, Strs Ohio bought a new position in shares of Forrester Research during the 4th quarter valued at about $90,000. 55.20% of the stock is owned by institutional investors.

Forrester Research Trading Up 0.7%

Shares of NASDAQ FORR opened at $5.79 on Thursday. Forrester Research has a 12 month low of $4.91 and a 12 month high of $11.57. The firm has a market capitalization of $111.03 million, a price-to-earnings ratio of -0.92, a PEG ratio of 1.15 and a beta of 0.95. The business has a 50-day moving average of $6.68 and a 200-day moving average of $7.76.

Forrester Research (NASDAQ:FORR) last announced its 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 analysts’ expectations of $103.26 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. On average, analysts predict that Forrester Research will post 0.74 earnings per share for the current year.

Analyst Ratings Changes

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

About Forrester Research

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.