D. E. Shaw & Co. Inc. Purchases 14,852 Shares of Forrester Research, Inc. (NASDAQ:FORR)

D. E. Shaw & Co. Inc. raised its position in shares of Forrester Research, Inc. (NASDAQ:FORR) by 17.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 99,455 shares of the technology company’s stock after purchasing an additional 14,852 shares during the period. D. E. Shaw & Co. Inc.’s holdings in Forrester Research were worth $1,558,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FORR. Tower Research Capital LLC TRC lifted its position in shares of Forrester Research by 50.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,455 shares of the technology company’s stock worth $54,000 after acquiring an additional 1,153 shares in the last quarter. Aquatic Capital Management LLC lifted its position in shares of Forrester Research by 63.6% during the fourth quarter. Aquatic Capital Management LLC now owns 5,563 shares of the technology company’s stock worth $87,000 after acquiring an additional 2,163 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Forrester Research by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 6,880 shares of the technology company’s stock worth $108,000 after acquiring an additional 1,497 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Forrester Research during the fourth quarter worth $111,000. Finally, Hsbc Holdings PLC lifted its position in shares of Forrester Research by 6.5% during the fourth quarter. Hsbc Holdings PLC now owns 13,080 shares of the technology company’s stock worth $205,000 after acquiring an additional 802 shares in the last quarter. Hedge funds and other institutional investors own 55.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Sidoti upgraded Forrester Research to a “hold” rating in a research report on Wednesday, February 12th.

Forrester Research Trading Down 1.1%

NASDAQ:FORR opened at $10.61 on Thursday. The company has a market cap of $202.26 million, a P/E ratio of -35.37, a P/E/G ratio of 1.22 and a beta of 0.94. The stock’s fifty day moving average price is $9.68 and its two-hundred day moving average price is $13.01. Forrester Research, Inc. has a 1 year low of $8.50 and a 1 year high of $20.62. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.98 and a quick ratio of 0.98.

About Forrester Research

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.