Forrester Research, Inc. (NASDAQ:FORR) Shares Acquired by Barclays PLC

Barclays PLC boosted its holdings in Forrester Research, Inc. (NASDAQ:FORR) by 71.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 44,090 shares of the technology company’s stock after purchasing an additional 18,319 shares during the period. Barclays PLC owned about 0.23% of Forrester Research worth $794,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FORR. Point72 DIFC Ltd boosted its holdings in Forrester Research by 62.4% in the second quarter. Point72 DIFC Ltd now owns 1,713 shares of the technology company’s stock valued at $29,000 after purchasing an additional 658 shares during the last quarter. FMR LLC boosted its holdings in Forrester Research by 138.7% in the third quarter. FMR LLC now owns 2,535 shares of the technology company’s stock valued at $46,000 after purchasing an additional 1,473 shares during the last quarter. Rhumbline Advisers boosted its holdings in Forrester Research by 17.4% in the second quarter. Rhumbline Advisers now owns 17,951 shares of the technology company’s stock valued at $307,000 after purchasing an additional 2,661 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Forrester Research by 734.6% in the third quarter. BNP Paribas Financial Markets now owns 20,916 shares of the technology company’s stock valued at $377,000 after purchasing an additional 18,410 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in Forrester Research by 17.9% in the second 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 last quarter. Hedge funds and other institutional investors own 55.20% of the company’s stock.

Forrester Research Trading Up 1.9 %

Shares of NASDAQ FORR opened at $14.80 on Thursday. The company has a market cap of $281.14 million, a price-to-earnings ratio of -42.29, a price-to-earnings-growth ratio of 1.31 and a beta of 0.91. Forrester Research, Inc. has a 12-month low of $13.96 and a 12-month high of $27.11. 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 stock’s 50 day simple moving average is $16.11 and its 200 day simple moving average is $17.01.

Analysts Set New Price Targets

Separately, StockNews.com raised Forrester Research from a “hold” rating to a “buy” rating in a report on Saturday, December 14th.

Forrester Research 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.