Today it was reported that a Director at Forrester Research (NASDAQ: FORR), Gretchen Teichgraeber, exercised options to sell 9,375 FORR shares at $23.41 a share, for a total transaction value of $427.1K.
Following Gretchen Teichgraeber’s last FORR Sell transaction on March 12, 2018, the stock climbed by 2.1%. In addition to Gretchen Teichgraeber, one other FORR executive reported Sell trades in the last month.
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Based on Forrester Research’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $96.35 million and quarterly net profit of $7.79 million. In comparison, last year the company earned revenue of $89.73 million and had a net profit of $6.06 million. FORR’s market cap is $806.4M and the company has a P/E ratio of 68.11. Currently, Forrester Research has an average volume of 90.32K.
The insider sentiment on Forrester Research has been negative according to 65 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Gretchen Teichgraeber’s trades have generated a 0.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Forrester Research, Inc. engages in the provision of research, data, and advisory services. It operates through the following segments: Research, Product, and Project Consulting.
