Royce & Associates LP Buys 9,866 Shares of Forrester Research, Inc. (NASDAQ:FORR)

Royce & Associates LP lifted its stake in shares of Forrester Research, Inc. (NASDAQ:FORR) by 0.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,486,726 shares of the technology company’s stock after acquiring an additional 9,866 shares during the period. Royce & Associates LP owned 0.13% of Forrester Research worth $38,967,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rhumbline Advisers raised its holdings in shares of Forrester Research by 7.8% in the 4th quarter. Rhumbline Advisers now owns 18,571 shares of the technology company’s stock worth $291,000 after acquiring an additional 1,337 shares during the last quarter. Total Clarity Wealth Management Inc. acquired a new stake in shares of Forrester Research in the 4th quarter worth about $209,000. SG Americas Securities LLC acquired a new stake in shares of Forrester Research in the 4th quarter worth about $111,000. Barclays PLC raised its holdings in shares of Forrester Research by 71.1% in the 3rd quarter. Barclays PLC now owns 44,090 shares of the technology company’s stock worth $794,000 after acquiring an additional 18,319 shares during the last quarter. Finally, M&T Bank Corp lifted its position in shares of Forrester Research by 29.9% during the 3rd quarter. M&T Bank Corp now owns 99,969 shares of the technology company’s stock worth $1,800,000 after buying an additional 22,984 shares in the last quarter. Institutional investors own 55.20% of the company’s stock.

Analyst Ratings Changes

FORR has been the topic of several recent analyst reports. Sidoti raised shares of Forrester Research to a “hold” rating in a research report on Wednesday, February 12th. StockNews.com raised shares of Forrester Research from a “hold” rating to a “buy” rating in a report on Saturday, December 14th.

Forrester Research Stock Up 4.9 %

Forrester Research stock opened at $10.12 on Friday. Forrester Research, Inc. has a 1-year low of $9.51 and a 1-year high of $21.91. The firm has a market capitalization of $192.24 million, a price-to-earnings ratio of -33.73, a P/E/G ratio of 1.22 and a beta of 0.94. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.15. The firm has a 50 day simple moving average of $13.38 and a 200 day simple moving average of $15.52.

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.