JPMorgan Chase & Co. Purchases 102,976 Shares of Forrester Research, Inc. (NASDAQ:FORR)

JPMorgan Chase & Co. boosted its position in shares of Forrester Research, Inc. (NASDAQ:FORR - Free Report) by 1,969.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 108,204 shares of the technology company's stock after buying an additional 102,976 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.57% of Forrester Research worth $1,696,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in FORR. State Street Corp grew its stake in shares of Forrester Research by 1.0% in 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 last quarter. Barclays PLC lifted its holdings in Forrester Research by 71.1% in the 3rd quarter. Barclays PLC now owns 44,090 shares of the technology company's stock worth $794,000 after buying an additional 18,319 shares during the period. SG Americas Securities LLC purchased a new position in shares of Forrester Research during the fourth quarter valued at approximately $111,000. Total Clarity Wealth Management Inc. bought a new position in shares of Forrester Research during the fourth quarter valued at approximately $209,000. Finally, Rhumbline Advisers lifted its stake in Forrester Research by 7.8% in the fourth quarter. Rhumbline Advisers now owns 18,571 shares of the technology company's stock worth $291,000 after acquiring an additional 1,337 shares during the period. Hedge funds and other institutional investors own 55.20% of the company's stock.

Forrester Research Stock Up 0.2 %

NASDAQ:FORR traded up $0.02 during mid-day trading on Thursday, hitting $9.37. 2,737 shares of the company's stock were exchanged, compared to its average volume of 86,818. The business has a fifty day moving average price of $9.83 and a 200 day moving average price of $13.55. Forrester Research, Inc. has a one year low of $8.50 and a one year high of $20.62. The company has a market cap of $177.85 million, a PE ratio of -31.23, a P/E/G ratio of 1.22 and a beta of 0.93. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.98 and a quick ratio of 0.98.

Wall Street Analyst Weigh In

Separately, Sidoti upgraded shares of Forrester Research to a "hold" rating in a report on Wednesday, February 12th.

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.