Forrester Research, Inc. (NASDAQ:FORR) Holdings Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in shares of Forrester Research, Inc. (NASDAQ:FORR) by 3.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 96,308 shares of the technology company’s stock after acquiring an additional 3,289 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.51% of Forrester Research worth $1,735,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Point72 DIFC Ltd raised its stake in shares of Forrester Research by 62.4% in the 2nd quarter. Point72 DIFC Ltd now owns 1,713 shares of the technology company’s stock worth $29,000 after buying an additional 658 shares in the last quarter. Quest Partners LLC boosted its position in shares of Forrester Research by 1,438.0% in the 2nd quarter. Quest Partners LLC now owns 17,041 shares of the technology company’s stock valued at $291,000 after purchasing an additional 15,933 shares during the period. Rhumbline Advisers boosted its stake in Forrester Research by 17.4% in the 2nd quarter. Rhumbline Advisers now owns 17,951 shares of the technology company’s stock worth $307,000 after purchasing an additional 2,661 shares during the period. Marshall Wace LLP raised its stake in Forrester Research by 17.9% during the 2nd quarter. Marshall Wace LLP now owns 23,445 shares of the technology company’s stock valued at $400,000 after purchasing an additional 3,552 shares during the period. Finally, Sei Investments Co. purchased a new stake in Forrester Research in the 2nd quarter worth about $429,000. Institutional investors own 55.20% of the company’s stock.

Forrester Research Stock Performance

Shares of NASDAQ FORR opened at $15.66 on Tuesday. Forrester Research, Inc. has a 52 week low of $14.38 and a 52 week high of $27.89. The firm has a market cap of $297.48 million, a price-to-earnings ratio of -44.77, a P/E/G ratio of 1.36 and a beta of 0.90. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.98 and a current ratio of 0.98. The business’s 50-day simple moving average is $16.24 and its 200-day simple moving average is $17.31.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Forrester Research from a “hold” rating to a “buy” rating in a research note on Saturday.

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.