Elser Financial Planning Inc purchased a new stake in Forian Inc. (NASDAQ:FORA - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 558,617 shares of the company's stock, valued at approximately $1,151,000. Elser Financial Planning Inc owned approximately 1.80% of Forian at the end of the most recent reporting period.
Separately, Canton Hathaway LLC lifted its holdings in shares of Forian by 2.3% in the third quarter. Canton Hathaway LLC now owns 269,650 shares of the company's stock valued at $582,000 after purchasing an additional 6,125 shares in the last quarter. 19.25% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Roth Mkm restated a "buy" rating and issued a $5.00 price target on shares of Forian in a report on Thursday, November 14th.
Read Our Latest Report on Forian
Forian Stock Performance
FORA traded up $0.25 on Thursday, hitting $2.76. 27,873 shares of the company were exchanged, compared to its average volume of 29,265. Forian Inc. has a 12 month low of $1.96 and a 12 month high of $4.15. The company has a market cap of $85.60 million, a PE ratio of -30.67 and a beta of 1.06. The stock's fifty day moving average is $2.16 and its 200-day moving average is $2.20.
About Forian
(
Free Report)
Forian Inc provides a suite of data management capabilities, and information and analytics solutions to optimize and measure operational, clinical, and financial performance for customers in the healthcare and related industries. It develops commercial, real world evidence (RWE), and market access solutions and proprietary data-driven insights, as well as offers data management solutions.
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