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Forrester Research, Inc. Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest was filed 27 Aug 2021.
Forrester Research, Inc.: what insiders have been doing
Headquartered in Cambridge, United States, Forrester Research, Inc. belongs to the Business Services sector and traces its origins to 1983. Filings by its managers are published through SEC (Form 4). 13 insiders have disclosed 47 filings since 18 October 2025.
Only sales appear on the open market, 3 sales in all totalling €171k, filed by 3 insiders. One trade stands out by size: a sale of €71k from Finn Leo Christian, disclosed on 20 August 2026, or 0.036% of market capitalisation.
Typically, a trade is published a median of 2 days after it takes place. For comparison, the SEC allows two business days to file a Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning.
With 47 filings in twelve months, the company is more active than the median of 19 filings across the 5,811 companies we follow on the same exchange. Since 2021, the database holds 1 purchase and 32 sales by insiders of the company. In its latest annual report filed with the SEC (10-K, fiscal year ended 31 December 2025), the company reported revenue of 396.9 m USD and net income of -119.4 m USD.
For comparison within the same sector, see the insider buying recorded at Coursera, Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
222
Thresholds
n/a
Buy Volume
€173,892
1 ops. · all time
Sell Volume
€2M
32 ops. · all time
Who traded when
BuySaleCarrie Johnson1 sale
Leo Christian Finn1 sale
Ryan Darrah1 sale
Since the insiders bought
- -14.1%Entry US$48.26 · Close at T+365 US$41.44
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Forrester Research, Inc. Hold (neutral), based on 1 analysts. Average price target: US$12.00.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 17,706 of 24,148 companies
35.9
score / 100
Value41
Quality31
FCF yld8.1%
Earn yld-54%
EV/EBITDA·
ROE-30%
Gross mgn57%
Net mgn-30%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$11.71
Analyst consensus
1 analystsHold
US$12.00Target US$12.00(+2%)US$12.00
Income statement
RevenueUS$396.9M
Gross profitUS$226.2M57% margin
EBITDA-US$95.3M-24% margin
Net income-US$119.4M-11.2% margin
Valuation
PER (forward)12.9x
P/Book1.9x
Beta1.00
Balance sheet & cash
Market capUS$222.9M
Total debtUS$71.9M
Free Cash FlowUS$18.1M
Debt / Equity53%
Profitability & ownership
ROE-30.3%
ROA0.6%
% insiders40.5%
% institutions60.2%
Last declaration on 20 August 2026
Declarations222 total
7,000 shares@ US$11.77610.036% mcap100.0% of flowCommon StockSEC144:0001193125-26-359173
5,000 shares@ US$11.77610.026% mcap24.7% of flowCommon StockSEC:0001193125-26-359186:0
7,000 shares@ US$11.77610.036% mcap78.3% of flowCommon StockSEC:0001193125-26-359177:0
5,000 shares@ US$11.510.025% mcap10.5% of flowCommon StockSEC:0001193125-26-350849:0
925 shares0Common StockSEC:0001193125-26-332414:0
308 shares0Common StockSEC:0001193125-26-332399:0
2,605 shares0Common StockSEC:0001193125-26-332411:0
634 shares0Common StockSEC:0001193125-26-332428:0
106 shares@ US$11.500.0005% mcap7.5% of flowCommon StockSEC:0001193125-26-332399:1
271 shares@ US$11.500.0014% mcap1.6% of flowCommon StockSEC:0001193125-26-332414:1
1,102 shares@ US$11.500.0056% mcap45.3% of flowCommon StockSEC:0001193125-26-332411:1
301 shares@ US$11.500.0015% mcap29.7% of flowCommon StockSEC:0001193125-26-332428:1
1,568 shares@ US$7.220.0053% mcap68.8% of flowCommon StockSEC:0001193125-26-253007:1
4,264 shares0Common StockSEC:0001193125-26-253007:0
198 shares@ US$7.220.0007% mcap0.6% of flowCommon StockSEC:0001193125-26-253047:0
8,000 shares0Common StockSEC:0001193125-26-221252:0
8,000 shares0Common StockSEC:0001193125-26-221289:0
1,532 shares@ US$5.3970.3% of flowCommon StockSEC:0001193125-26-191144:1
3,177 shares0Common StockSEC:0001193125-26-191144:0
1,816 shares0Common StockSEC:0001193125-26-140478:0
5,994 shares0Common StockSEC:0001193125-26-140242:0
10,451 shares0Common StockSEC:0001193125-26-140297:0
14,335 shares0Common StockSEC:0001193125-26-140304:0
14,335 shares0Common StockSEC:0001193125-26-140311:0
723 shares@ US$5.3923.7% of flowCommon StockSEC:0001193125-26-140478:1
25 of 222 declarations
About Forrester Research, Inc.
Forrester Research, Inc. (ticker: FORR) is a United States-listed company traded on the NASDAQ. Founded in 1983 and headquartered in Cambridge, Massachusetts, Forrester is a leading research and advisory firm serving corporate leaders across technology, marketing, customer experience, and broader business strategy. Its core proposition is to help decision-makers make better investment choices by combining independent research, proprietary frameworks, peer benchmarks, and consulting-style guidance. Over more than four decades, the company has built a recognizable brand in enterprise research, particularly among large organizations navigating digital transformation, customer experience redesign, and technology modernization.([forrester.com](https://www.forrester.com/about-us/?utm_source=openai))
Forrester’s business model is organized around three main revenue streams: research subscriptions, advisory/consulting services, and events. This makes the company a hybrid between a specialist information provider and a strategic advisory platform. A meaningful portion of revenue is recurring, as clients subscribe to research programs and decision frameworks over time. The company’s flagship offerings include Forrester Decisions, a structured product line designed to help leaders prioritize initiatives and align execution, as well as research and services focused on marketing, digital, technology, and customer experience. In recent periods, Forrester has also emphasized AI-related offerings, including AI Access, reflecting the firm’s effort to align its portfolio with current enterprise demand.([investor.forrester.com](https://investor.forrester.com/static-files/84ae75cb-040f-4fa4-af59-d1ee1d0b321b?utm_source=openai))
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From a competitive standpoint, Forrester occupies a premium niche in the business services ecosystem. It competes on the quality and rigor of its research rather than on software functionality. Its differentiation lies in thought leadership, methodology, brand credibility, and long-standing relationships with enterprise clients. Geographically, the company serves customers across the United States and internationally, with operations in Europe, the United Kingdom, Canada, Asia Pacific, and other markets. That global footprint broadens its addressable market, although the company remains exposed to corporate spending cycles and procurement scrutiny.([stockanalysis.com](https://stockanalysis.com/stocks/forr/company/?utm_source=openai))
Recent developments suggest a company in operational transition rather than rapid expansion. In its 2024 full-year results, management said it was pursuing steady improvement across all three lines of business and aiming to return to contract value growth. In the Q4 2025 earnings commentary, the company noted that 2025 revenue declined, with Research still affected by the final stage of portfolio transition, while also highlighting the launch of new AI-oriented products. For investors, the key points are a strong brand, a defensible niche in enterprise research, a recurring-revenue base, and execution risk tied to growth normalization.([forrester.com](https://www.forrester.com/press-newsroom/forrester-research-reports-2024-fourth-quarter-and-full-year-financial-results/?utm_source=openai))
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