Tieton Capital Management LLC Takes $6.37 Million Position in Forrester Research, Inc. $FORR

Tieton Capital Management LLC purchased a new position in Forrester Research, Inc. (NASDAQ:FORR) during the 2nd quarter, HoldingsChannel reports. The fund purchased 757,476 shares of the technology company’s stock, valued at approximately $6,370,000. Forrester Research accounts for 1.8% of Tieton Capital Management LLC’s holdings, making the stock its 24th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in FORR. Jacobs Levy Equity Management Inc. purchased a new position in Forrester Research during the first quarter worth about $149,000. Jane Street Group LLC purchased a new stake in shares of Forrester Research in the 1st quarter valued at about $178,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Forrester Research in the 2nd quarter valued at about $801,000. Marshall Wace LLP bought a new stake in shares of Forrester Research during the 2nd quarter valued at about $131,000. Finally, Federated Hermes Inc. boosted its position in shares of 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 acquiring an additional 2,446 shares during the last quarter. Hedge funds and other institutional investors own 55.20% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Forrester Research from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 28th. 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.com, the company has an average rating of “Reduce”.

Forrester Research Trading Up 4.0%

NASDAQ FORR opened at $11.76 on Thursday. The stock’s 50-day simple moving average is $9.56 and its two-hundred day simple moving average is $7.44. Forrester Research, Inc. has a twelve month low of $4.88 and a twelve month high of $12.33. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $223.91 million, a price-to-earnings ratio of -5.23, a PEG ratio of 2.13 and a beta of 0.93.

Forrester Research (NASDAQ:FORR) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.14. Forrester Research had a negative net margin of 11.17% and a positive return on equity of 6.19%. The business had revenue of $100.23 million for the quarter, compared to analysts’ expectations of $96.91 million. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. Research analysts forecast that Forrester Research, Inc. will post 0.38 EPS for the current fiscal year.

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.