Auxier Asset Management Boosts Stock Position in Forrester Research, Inc. (NASDAQ:FORR)

Auxier Asset Management increased its holdings in Forrester Research, Inc. (NASDAQ:FORR) by 72.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,412 shares of the technology company’s stock after purchasing an additional 14,024 shares during the quarter. Auxier Asset Management’s holdings in Forrester Research were worth $602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of FORR. 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 acquiring an additional 18,410 shares in the last quarter. FMR LLC lifted 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 period. Charles Schwab Investment Management Inc. boosted its stake in shares of Forrester Research by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 96,308 shares of the technology company’s stock valued at $1,735,000 after purchasing an additional 3,289 shares in the last quarter. GSA Capital Partners LLP increased its position in shares of Forrester Research by 31.2% during 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 during the period. Finally, Ballentine Partners LLC raised its stake in Forrester Research by 1.7% in the third quarter. Ballentine Partners LLC now owns 254,399 shares of the technology company’s stock worth $4,582,000 after buying an additional 4,342 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, StockNews.com cut Forrester Research from a “buy” rating to a “hold” rating in a research report on Tuesday.

Forrester Research Stock Up 1.6 %

NASDAQ FORR opened at $17.20 on Friday. The stock’s 50 day moving average is $16.30 and its 200 day moving average is $17.45. Forrester Research, Inc. has a twelve month low of $14.38 and a twelve month high of $27.89. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.98 and a current 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.