Wellington Management Group LLP Has $2.46 Million Stock Holdings in Forrester Research, Inc. (NASDAQ:FORR)

Wellington Management Group LLP trimmed its position in Forrester Research, Inc. (NASDAQ:FORR - Free Report) by 20.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,634 shares of the technology company's stock after selling 34,266 shares during the period. Wellington Management Group LLP owned approximately 0.72% of Forrester Research worth $2,461,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Point72 DIFC Ltd grew its stake in Forrester Research by 62.4% in the second 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 during the period. FMR LLC lifted 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 purchasing an additional 1,473 shares in the last quarter. Quest Partners LLC grew its position in shares of Forrester Research by 1,438.0% in the 2nd quarter. Quest Partners LLC now owns 17,041 shares of the technology company's stock valued at $291,000 after purchasing an additional 15,933 shares during the period. Rhumbline Advisers increased its stake in Forrester Research by 17.4% during the 2nd quarter. Rhumbline Advisers now owns 17,951 shares of the technology company's stock worth $307,000 after purchasing an additional 2,661 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in Forrester Research by 734.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 20,916 shares of the technology company's stock worth $377,000 after buying an additional 18,410 shares during the period. Institutional investors own 55.20% of the company's stock.

Forrester Research Stock Down 2.6 %

FORR traded down $0.40 during trading on Wednesday, hitting $15.27. The company had a trading volume of 69,164 shares, compared to its average volume of 111,682. The firm's 50-day moving average price is $16.22 and its 200 day moving average price is $17.27. The company has a market capitalization of $290.07 million, a PE ratio of -43.63, a PEG ratio of 1.36 and a beta of 0.90. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.15. Forrester Research, Inc. has a one year low of $14.38 and a one year high of $27.89.

Analyst Ratings Changes

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

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.