Cambiar Investors LLC Lowers Stake in Forrester Research, Inc. (NASDAQ:FORR)

Cambiar Investors LLC lowered its holdings in shares of Forrester Research, Inc. (NASDAQ:FORR) by 7.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,189 shares of the technology company’s stock after selling 5,850 shares during the period. Cambiar Investors LLC owned approximately 0.36% of Forrester Research worth $1,069,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC raised its position in shares of Forrester Research by 138.7% in the 3rd quarter. FMR LLC now owns 2,535 shares of the technology company’s stock worth $46,000 after purchasing an additional 1,473 shares during the last quarter. SG Americas Securities LLC bought a new stake in Forrester Research during the 4th quarter valued at about $111,000. Total Clarity Wealth Management Inc. bought a new stake in Forrester Research during the 4th quarter valued at about $209,000. BNP Paribas Financial Markets lifted its stake in shares of Forrester Research by 734.6% in the third quarter. BNP Paribas Financial Markets now owns 20,916 shares of the technology company’s stock worth $377,000 after buying an additional 18,410 shares in the last quarter. Finally, Creative Planning lifted its stake in shares of Forrester Research by 66.1% in the third quarter. Creative Planning now owns 26,772 shares of the technology company’s stock worth $482,000 after buying an additional 10,651 shares in the last quarter. Hedge funds and other institutional investors own 55.20% of the company’s stock.

Analyst Ratings Changes

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

Forrester Research Stock Up 0.3 %

FORR stock opened at $15.10 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.98 and a quick ratio of 0.98. Forrester Research, Inc. has a 1-year low of $13.91 and a 1-year high of $22.15. The stock has a market capitalization of $286.90 million, a P/E ratio of -43.14, a P/E/G ratio of 0.97 and a beta of 0.91. The business has a fifty day moving average price of $15.51 and a 200-day moving average price of $16.68.

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.