Tieton Capital Management LLC Buys New Shares in Forrester Research, Inc. $FORR

Tieton Capital Management LLC bought a new stake in shares of Forrester Research, Inc. (NASDAQ:FORR) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 538,560 shares of the technology company’s stock, valued at approximately $4,373,000. Forrester Research accounts for approximately 1.5% of Tieton Capital Management LLC’s portfolio, making the stock its 28th largest holding. Tieton Capital Management LLC owned 2.83% of Forrester Research at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Jane Street Group LLC lifted its position in shares of Forrester Research by 7.8% during the 2nd quarter. Jane Street Group LLC now owns 20,741 shares of the technology company’s stock valued at $205,000 after acquiring an additional 1,494 shares during the period. Engineers Gate Manager LP increased its stake in Forrester Research by 9.7% during the 2nd quarter. Engineers Gate Manager LP now owns 19,626 shares of the technology company’s stock valued at $194,000 after purchasing an additional 1,728 shares in the last quarter. Federated Hermes Inc. increased its stake in Forrester Research by 1.0% during the 2nd quarter. Federated Hermes Inc. now owns 252,810 shares of the technology company’s stock valued at $2,503,000 after purchasing an additional 2,446 shares in the last quarter. Vanguard Group Inc. increased its stake in Forrester Research by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 649,765 shares of the technology company’s stock valued at $6,888,000 after purchasing an additional 3,795 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in Forrester Research by 402.0% during the 3rd 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 in the last quarter. Institutional investors and hedge funds own 55.20% of the company’s stock.

Forrester Research Stock Performance

NASDAQ FORR opened at $7.22 on Tuesday. Forrester Research, Inc. has a 1 year low of $4.88 and a 1 year high of $11.57. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market cap of $140.14 million, a price-to-earnings ratio of -2.55, a PEG ratio of 1.34 and a beta of 1.02. The company has a fifty day moving average price of $6.15 and a 200-day moving average price of $6.76.

Forrester Research (NASDAQ:FORR) last posted its earnings results on Wednesday, May 6th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.16). Forrester Research had a positive return on equity of 6.65% and a negative net margin of 13.74%.The firm had revenue of $85.45 million during the quarter, compared to the consensus estimate of $83.28 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. As a group, equities research analysts predict that Forrester Research, Inc. will post 0.38 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on FORR shares. Weiss Ratings restated a “sell (e+)” rating on shares of Forrester Research in a research note on Friday, March 27th. Wall Street Zen lowered shares of Forrester Research from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average 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.