SG Americas Securities LLC Makes New Investment in Forrester Research, Inc. (NASDAQ:FORR)

SG Americas Securities LLC bought a new position in shares of Forrester Research, Inc. (NASDAQ:FORR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,095 shares of the technology company’s stock, valued at approximately $111,000.

Other institutional investors also recently modified their holdings of the company. Creative Planning raised its stake in Forrester Research by 66.1% in the 3rd quarter. Creative Planning now owns 26,772 shares of the technology company’s stock worth $482,000 after purchasing an additional 10,651 shares in the last quarter. Ballentine Partners LLC increased its holdings in shares of Forrester Research by 1.7% during the third quarter. Ballentine Partners LLC now owns 254,399 shares of the technology company’s stock worth $4,582,000 after purchasing an additional 4,342 shares during the period. GSA Capital Partners LLP raised its position in shares of Forrester Research by 31.2% in the third quarter. GSA Capital Partners LLP now owns 96,288 shares of the technology company’s stock valued at $1,734,000 after buying an additional 22,898 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Forrester Research by 3.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 96,308 shares of the technology company’s stock valued at $1,735,000 after buying an additional 3,289 shares during the period. Finally, FMR LLC grew its position in Forrester Research by 138.7% during the third quarter. FMR LLC now owns 2,535 shares of the technology company’s stock worth $46,000 after buying an additional 1,473 shares in the last quarter. Institutional investors own 55.20% of the company’s stock.

Forrester Research Trading Down 12.1 %

FORR opened at $13.27 on Thursday. The stock has a market capitalization of $252.13 million, a price-to-earnings ratio of -37.91, a P/E/G ratio of 0.97 and a beta of 0.91. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.15. Forrester Research, Inc. has a twelve month low of $11.79 and a twelve month high of $21.91. The company has a 50-day simple moving average of $15.48 and a 200 day simple moving average of $16.65.

Wall Street Analysts Forecast Growth

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

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.