Barclays PLC Has $794,000 Stock Holdings in Forrester Research, Inc. (NASDAQ:FORR)

Barclays PLC lifted its stake in shares of Forrester Research, Inc. (NASDAQ:FORR) by 71.1% during the third quarter, Holdings Channel reports. The firm owned 44,090 shares of the technology company’s stock after purchasing an additional 18,319 shares during the quarter. Barclays PLC’s holdings in Forrester Research were worth $794,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Point72 DIFC Ltd raised its position in shares of Forrester Research by 62.4% during the second quarter. Point72 DIFC Ltd now owns 1,713 shares of the technology company’s stock worth $29,000 after purchasing an additional 658 shares during the period. FMR LLC raised its position in shares of 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 purchasing an additional 1,473 shares during the period. State Street Corp raised its position in shares of Forrester Research by 1.0% during the third quarter. State Street Corp now owns 253,181 shares of the technology company’s stock worth $4,560,000 after purchasing an additional 2,589 shares during the period. Rhumbline Advisers raised its position in shares of Forrester Research by 17.4% during the second 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. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Forrester Research by 3.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 96,308 shares of the technology company’s stock worth $1,735,000 after purchasing an additional 3,289 shares during the period. 55.20% of the stock is owned by institutional investors and hedge funds.

Forrester Research Stock Performance

Shares of FORR stock opened at $14.80 on Thursday. Forrester Research, Inc. has a 1-year low of $13.96 and a 1-year 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 company has a market capitalization of $281.14 million, a price-to-earnings ratio of -42.29, a P/E/G ratio of 1.31 and a beta of 0.91. The stock’s fifty day simple moving average is $16.11 and its 200-day simple moving average is $17.01.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded 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.