Forrester Research (FORR)

Company Profile

Forrester is one of the most influential research and advisory firms in the world. It helps business and technology leaders use customer obsession to accelerate growth. Through Forrester's proprietary research, consulting, and events, leaders from around the globe are empowered to be bold at work - to navigate change and put their customers at the center of their leadership, strategy, and operations. Its unique insights are grounded in annual surveys of more than 675,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective methodologies, including Forrester Wave™ evaluations; and the shared wisdom of our most innovative clients.

Company profile

Ticker

FORR

Exchange

NASDAQ

Website

www.forrester.com

CEO

George Colony

Incorporated

Delaware

Location

Massachusetts

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Research and Development in the Social Sciences and Humanities

Industry (SIC)

Services - Engineering, Accounting, Research, Management

Paychex • PRGX Global • Quality Online Education • PAE • Goxus • Galaxy Payroll ...

Former names

FORRESTER RESEARCH INC

SEC CIK

0001023313

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Forrester Germany GmbH • Forrester Hong Kong Limited • Forrester International • Forrester Market Advisory (Beijing) Co., Ltd. • Forrester Research Australia Pty Limited • Forrester Research B.V. • Forrester Research (Canada) Inc. • Forrester Research • Forrester Research Israel Limited • Forrester Research Limited ...

IRS number

42797789

FORR stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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8-K

Entry into a Material Definitive Agreement

9 May 23

Forrester Research Reports 2023 First-Quarter Financial Results

4 May 23

ARS

2022 FY

Annual report to shareholders

12 Apr 23

DEFA14A

Additional proxy soliciting materials

28 Mar 23

10 Mar 23

Forrester Research Reports 2022 Fourth-Quarter And Full-Year Financial Results

9 Feb 23

8-K

Cost Associated with Exit or Disposal Activities

Transcripts

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FORR

Earnings call transcript

2023 Q1

4 May 23

FORR

Earnings call transcript

2022 Q4

9 Feb 23

FORR

Earnings call transcript

2022 Q2

30 Jul 22

FORR

Earnings call transcript

2022 Q1

8 May 22

FORR

Earnings call transcript

2021 Q4

11 Feb 22

FORR

Earnings call transcript

2021 Q3

6 Nov 21

FORR

Earnings call transcript

2021 Q2

29 Jul 21

FORR

Earnings call transcript

2021 Q1

9 May 21

FORR

Earnings call transcript

2020 Q4

12 Feb 21

FORR

Earnings call transcript

2020 Q3

31 Oct 20

Latest ownership filings

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Financial summary

Financial statements Chart FORR financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	106.29 mm	106.29 mm	106.29 mm	106.29 mm	106.29 mm	106.29 mm
Cash burn (monthly)	(no burn)	700.58 k	1.79 mm	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	1.35 mm	3.47 mm	n/a	n/a	n/a
Cash remaining	n/a	104.93 mm	102.82 mm	n/a	n/a	n/a
Runway (months of cash)	n/a	149.8	57.3	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

FORR institutional ownership history Ownership history

55.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	119	128	-7.0%
Opened positions	12	15	-20.0%
Closed positions	21	9	+133.3%
Increased positions	40	57	-29.8%
Reduced positions	51	40	+27.5%

13F shares	Current	Prev Q	Change
Total value	335.92 bn	343.11 bn	-2.1%
Total shares	10.63 mm	10.63 mm	+0.1%
Total puts	9.00 k	9.00 k	–
Total calls	6.10 k	6.00 k	+1.7%
Total put/call ratio	1.5	1.5	-1.6%

Largest owners	Shares	Value	Change
Royce & Associates	2.15 mm	$69.53 bn	+11.1%
BLK Blackrock	1.83 mm	$59.12 bn	-2.6%
Vanguard	1.38 mm	$44.73 bn	+0.4%
Renaissance Technologies	641.01 k	$20.75 bn	-2.2%
Dimensional Fund Advisors	612.18 k	$19.80 bn	-1.6%
STT State Street	442.55 k	$14.31 bn	+2.0%
ArrowMark Colorado	420.94 k	$13.62 bn	+66.6%
Geode Capital Management	231.81 k	$7.50 bn	+3.3%
Assenagon Asset Management	153.43 k	$4.96 bn	0.0%
NTRS Northern Trust	143.34 k	$4.64 bn	+0.9%

Largest transactions	Shares	Bought/sold	Change
Royce & Associates	2.15 mm	+214.17 k	+11.1%
ArrowMark Colorado	420.94 k	+168.22 k	+66.6%
IVZ Invesco	46.20 k	-154.86 k	-77.0%
Invenomic Capital Management	139.30 k	+139.30 k	NEW
Hillsdale Investment Management	0.00	-85.00 k	EXIT
Norges Bank	0.00	-83.20 k	EXIT
Acadian Asset Management	27.19 k	-76.97 k	-73.9%
FHI Federated Hermes	76.34 k	+64.06 k	+521.6%
Massachusetts Financial Services	45.46 k	-54.27 k	-54.4%
BLK Blackrock	1.83 mm	-49.30 k	-2.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FORR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 May 23	Friscia Anthony J	Common Stock	Sell	Dispose S	No	No	25.541	1,850	47.25 k	15,065
1 May 23	Roy Sarah Le	Common Stock	Payment of exercise	Dispose F	No	No	31.01	665	20.62 k	1,603
1 May 23	Roy Sarah Le	Common Stock	Option exercise	Acquire M	No	No	0	2,268	0.00	2,268
1 May 23	Roy Sarah Le	RSU common stock	Option exercise	Dispose M	No	No	0	2,268	0.00	6,803
1 Apr 23	Shirley Macbeth	Common Stock	Payment of exercise	Dispose F	No	No	32.35	785	25.39 k	7,734
1 Apr 23	Shirley Macbeth	Common Stock	Option exercise	Acquire M	No	No	0	2,676	0.00	8,519
1 Apr 23	Shirley Macbeth	RSU common stock	Option exercise	Dispose M	No	No	0	2,676	0.00	2,676
7 Mar 23	Steven P. Peltzman	Common Stock	Sell	Dispose S	No	No	33.9465	2,206	74.89 k	15,091
3 Mar 23	Michael Kasparian	RSU common stock	Grant	Acquire A	No	No	0	8,323	0.00	8,323
3 Mar 23	Michael Kasparian	RSU common stock	Option exercise	Dispose M	No	No	0	1,366	0.00	4,097