BNP Paribas Financial Markets Has $377,000 Position in Forrester Research, Inc. (NASDAQ:FORR)

BNP Paribas Financial Markets raised its position in shares of Forrester Research, Inc. (NASDAQ:FORR) by 734.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 20,916 shares of the technology company’s stock after acquiring an additional 18,410 shares during the period. BNP Paribas Financial Markets’ holdings in Forrester Research were worth $377,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Point72 DIFC Ltd grew its holdings in shares of Forrester Research by 62.4% during the 2nd quarter. Point72 DIFC Ltd now owns 1,713 shares of the technology company’s stock valued at $29,000 after acquiring an additional 658 shares in the last quarter. FMR LLC grew its holdings in shares of Forrester Research by 138.7% during the 3rd quarter. FMR LLC now owns 2,535 shares of the technology company’s stock valued at $46,000 after acquiring an additional 1,473 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Forrester Research by 17.4% during the 2nd quarter. Rhumbline Advisers now owns 17,951 shares of the technology company’s stock valued at $307,000 after acquiring an additional 2,661 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings 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 acquiring an additional 3,289 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Forrester Research by 5.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 59,248 shares of the technology company’s stock valued at $1,012,000 after acquiring an additional 3,306 shares in the last quarter. 55.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Forrester Research Trading Down 2.2 %

Shares of NASDAQ:FORR opened at $16.11 on Friday. The stock has a market capitalization of $306.09 million, a PE ratio of -46.03, a P/E/G ratio of 1.36 and a beta of 0.90. Forrester Research, Inc. has a 1 year low of $14.38 and a 1 year high of $27.89. The firm has a fifty day moving average price of $16.24 and a 200 day moving average price of $17.31. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.15.

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.