Media coverage about Forrester Research (NASDAQ:FORR) has trended somewhat negative recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Forrester Research earned a media sentiment score of -0.02 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 45.9638484479973 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
Shares of Forrester Research (NASDAQ:FORR) traded down $0.35 during trading hours on Friday, reaching $44.80. The company’s stock had a trading volume of 29,246 shares, compared to its average volume of 38,540. Forrester Research has a fifty-two week low of $34.95 and a fifty-two week high of $47.75. The stock has a market cap of $811.57, a price-to-earnings ratio of 43.50, a price-to-earnings-growth ratio of 3.62 and a beta of 0.39.
A number of equities analysts recently issued reports on FORR shares. BidaskClub cut shares of Forrester Research from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 12th. Zacks Investment Research cut shares of Forrester Research from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 26th.
In other news, CFO Michael A. Doyle sold 10,000 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $46.09, for a total transaction of $460,900.00. Following the completion of the sale, the chief financial officer now owns 31,562 shares of the company’s stock, valued at approximately $1,454,692.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director George Hornig sold 11,530 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $46.62, for a total value of $537,528.60. Following the transaction, the director now owns 18,921 shares of the company’s stock, valued at $882,097.02. The disclosure for this sale can be found here. Insiders have sold a total of 23,455 shares of company stock valued at $1,085,922 in the last ninety days. Insiders own 44.30% of the company’s stock.
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Forrester Research Company Profile
Forrester Research, Inc (Forrester) is an independent research, data, and advisory services firm. The Company offers research, data, advisory and related services that are thematic, prescriptive and executable, and that provide a perspective on the changing business environment. Its segments include Research, Product and Project Consulting.
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