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Forrester Research (NASDAQ:FORR) Insider Gail Mann sold 7,500 shares of the stock on the open market in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $38.87, for a total value of $291,525.00. Following the completion of the transaction, the insider now directly owns 1,877 shares in the company, valued at approximately $72,959. The transaction was disclosed in a filing with the SEC, which is available at this link.

Separately, analysts at Sidoti initiated coverage on shares of Forrester Research in a research note on Wednesday, July 16th. They set a “buy” rating on the stock.

Forrester Research (NASDAQ:FORR) traded down 0.51% during mid-day trading on Friday, hitting $38.64. 20,334 shares of the company’s stock traded hands. Forrester Research has a 52 week low of $32.15 and a 52 week high of $41.36. The stock has a 50-day moving average of $38.44 and a 200-day moving average of $37.08. The company has a market cap of $704.9 million and a P/E ratio of 87.48.

Forrester Research (NASDAQ:FORR) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.31 by $0.01. The company had revenue of $82.90 million for the quarter, compared to the consensus estimate of $84.00 million. During the same quarter last year, the company posted $0.31 earnings per share. Forrester Research’s revenue was up 5.1% compared to the same quarter last year. Analysts expect that Forrester Research will post $0.99 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 17th. Stockholders of record on Wednesday, September 3rd will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.65%. The ex-dividend date is Friday, August 29th.

Forrester Research, Inc (NASDAQ:FORR) is an independent research company.

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