Today it was reported that the CBTO of Forrester Research (NASDAQ: FORR), Steven Peltzman, exercised options to sell 29,780 FORR shares at $36.48 a share, for a total transaction value of $1.35M.
Following Steven Peltzman’s last FORR Sell transaction on November 28, 2016, the stock climbed by 5.5%. In addition to Steven Peltzman, 2 other FORR executives 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 66 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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.
