Jane Street Group LLC Has $1.08 Million Stock Holdings in Forrester Research, Inc. (NASDAQ:FORR)

Jane Street Group LLC cut its holdings in Forrester Research, Inc. (NASDAQ:FORR - Free Report) by 64.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 59,669 shares of the technology company's stock after selling 108,643 shares during the period. Jane Street Group LLC owned about 0.31% of Forrester Research worth $1,075,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of FORR. ArrowMark Colorado Holdings LLC lifted its holdings in Forrester Research by 3.5% in the third quarter. ArrowMark Colorado Holdings LLC now owns 784,521 shares of the technology company's stock worth $14,129,000 after purchasing an additional 26,810 shares during the period. Millennium Management LLC lifted its stake in shares of Forrester Research by 134.7% in the 2nd quarter. Millennium Management LLC now owns 274,440 shares of the technology company's stock worth $4,687,000 after acquiring an additional 157,510 shares during the period. Ballentine Partners LLC boosted its holdings in shares of Forrester Research by 1.7% in the third quarter. Ballentine Partners LLC now owns 254,399 shares of the technology company's stock valued at $4,582,000 after acquiring an additional 4,342 shares in the last quarter. State Street Corp increased its stake 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 valued at $4,560,000 after acquiring an additional 2,589 shares during the period. Finally, Acadian Asset Management LLC raised its holdings in Forrester Research by 511.8% during the second quarter. Acadian Asset Management LLC now owns 230,848 shares of the technology company's stock worth $3,940,000 after purchasing an additional 193,116 shares in the last quarter. Institutional investors own 55.20% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Forrester Research from a "hold" rating to a "buy" rating in a research note on Saturday, December 14th.

Forrester Research Price Performance

NASDAQ:FORR traded down $0.12 during mid-day trading on Tuesday, reaching $15.67. 51,072 shares of the stock were exchanged, compared to its average volume of 110,091. 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 business has a fifty day moving average price of $16.12 and a 200 day moving average price of $17.16. Forrester Research, Inc. has a 1-year low of $14.38 and a 1-year high of $27.11. The firm has a market capitalization of $297.67 million, a PE ratio of -44.77, a PEG ratio of 1.36 and a beta of 0.90.

Forrester Research Company 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.