Assenagon Asset Management S.A. Has $210,000 Stock Holdings in Forrester Research, Inc. (NASDAQ:FORR)

Assenagon Asset Management S.A. decreased its position in Forrester Research, Inc. (NASDAQ:FORR) by 80.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 11,668 shares of the technology company’s stock after selling 46,615 shares during the period. Assenagon Asset Management S.A.’s holdings in Forrester Research were worth $210,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the company. Creative Planning increased its position in shares of Forrester Research by 66.1% during the third quarter. Creative Planning now owns 26,772 shares of the technology company’s stock valued at $482,000 after purchasing an additional 10,651 shares during the period. Point72 DIFC Ltd increased its holdings in Forrester Research by 62.4% in the 2nd quarter. Point72 DIFC Ltd now owns 1,713 shares of the technology company’s stock valued at $29,000 after buying an additional 658 shares during the period. Millennium Management LLC raised 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 valued at $4,687,000 after buying an additional 157,510 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Forrester Research by 87.7% during the 2nd quarter. AQR Capital Management LLC now owns 63,841 shares of the technology company’s stock worth $1,090,000 after acquiring an additional 29,824 shares during the period. Finally, AXA S.A. acquired a new stake in shares of Forrester Research during the 2nd quarter valued at about $803,000. Institutional investors own 55.20% of the company’s stock.

Forrester Research Price Performance

Shares of FORR stock opened at $14.59 on Monday. The stock’s fifty day simple moving average is $17.10 and its 200 day simple moving average is $17.72. Forrester Research, Inc. has a one year low of $14.38 and a one year high of $27.89. The firm has a market cap of $278.09 million, a price-to-earnings ratio of 182.38, a P/E/G ratio of 1.19 and a beta of 0.89. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.91 and a quick ratio of 0.91.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Forrester Research from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st.

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.