A Director at Forrester Research is Exercising Options

By Carrie Williams

Today, a Director at Forrester Research, Robert Galford, exercised options of Forrester Research for $510.4K.

Following Robert Galford’s last FORR Sell transaction on December 05, 2016, the stock climbed by 4.0%. In addition to Robert Galford, 3 other FORR executives reported Sell trades in the last month.

Based on Forrester Research’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $90.38 million and quarterly net profit of $2.09 million. In comparison, last year the company earned revenue of $83.45 million and had a net profit of $5.79 million. The company has a one-year high of $47.75 and a one-year low of $36.95. FORR’s market cap is $770.4M and the company has a P/E ratio of 51.45.

The insider sentiment on Forrester Research has been negative according to 78 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Forrester Research, Inc. engages in the provision of research, data, and advisory services. It operates through the following segments: Research, Product, and Project Consulting.