FORRNasdaqServices-Engineering, Accounting, Research, ManagementFiscal year ends December 31
FORRESTER RESEARCH, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$11.71−0.04 (-0.34%)
Close on Oct 19, 2026
- Market cap
- $227.82M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
60.5%
12M of 19M shares
Institutional holders
99
19 new, 21 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
0 buys · 3 sales
Net sold $198.91K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| George F. Colony | 7,380,411 | 38.70% | 13G (passive) amendment | Jun 30, 2025 |
| Portolan Capital Management, LLC | 1,541,276 | 7.94% | 13G (passive) amendment | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of FORR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Portolan Capital Management, LLC | 1,623,925 | 8.53% | $13.66M | +82,649 | 0.51% |
| Nantahala Capital Management, LLC | 1,526,892 | 8.02% | $12.84M | +832,470 | 0.21% |
| Tieton Capital Management, LLC | 757,476 | 3.98% | $6.37K | +198,435 | 0.00% |
| First Manhattan Co. LLC. | 750,000 | 3.94% | $6.31M | – | 0.02% |
| Pacific Ridge Capital Partners, LLC | 705,344 | 3.70% | $5.93M | −5,503 | 1.08% |
| Vanguard Capital Management LLC | 500,395 | 2.63% | $4.21M | +13,473 | 0.00% |
| Acadian Asset Management LLC | 429,610 | 2.26% | $3.61K | +6,272 | 0.00% |
| Renaissance Technologies LLC | 418,206 | 2.20% | $3.52M | −18,500 | 0.00% |
| Hotchkis & Wiley Capital Management LLC | 366,689 | 1.93% | $3.08M | −16,900 | 0.01% |
| Aqr Capital Management LLC | 357,665 | 1.88% | $3.01M | +171,743 | 0.00% |
| Quantinno Capital Management LP | 289,195 | 1.52% | $2.43M | +65,110 | 0.00% |
| BlackRock, Inc. | 270,105 | 1.42% | $2.27M | −637,272 | 0.00% |
| Ancora Advisors, LLC | 269,891 | 1.42% | $2.27M | New | 0.04% |
| ArrowMark Colorado Holdings LLC | 231,808 | 1.22% | $1.95M | −241,144 | 0.08% |
| Dimensional Fund Advisors LP | 211,963 | 1.11% | $1.78M | −54,426 | 0.00% |
| Sei Investments Co | 200,406 | 1.05% | $1.69M | −84,018 | 0.00% |
| Russell Investments Group, Ltd. | 199,012 | 1.05% | $1.67M | +194,285 | 0.00% |
| Geode Capital Management, LLC | 169,088 | 0.89% | $1.42M | −147,700 | 0.00% |
| Jane Street Group, LLC | 168,333 | 0.88% | $1.42M | +81,991 | 0.00% |
| Morgan Stanley | 163,788 | 0.86% | $1.38M | +61,715 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 99 | 12M | 60.5% | 19 / 35 | 36 / 21 | 2M | 2M |
| Q1 2026 | 103 | 11M | 59.6% | 19 / 40 | 28 / 24 | 4M | 2M |
| Q4 2025 | 109 | 10M | 51.9% | 16 / 32 | 43 / 17 | 2M | 1M |
| Q3 2025 | 111 | 9M | 48.7% | 16 / 51 | 26 / 9 | 1M | 1M |
| Q2 2025 | 104 | 9M | 49.4% | 23 / 37 | 30 / 13 | 1M | 1M |
| Q1 2025 | 94 | 9M | 49.8% | 16 / 28 | 33 / 20 | 1M | 2M |
| Q4 2024 | 99 | 10M | 52.9% | 13 / 29 | 42 / 20 | 1M | 1M |
| Q3 2024 | 106 | 10M | 54.3% | 15 / 35 | 42 / 15 | 2M | 1M |
| Q2 2024 | 107 | 11M | 55.8% | 25 / 45 | 31 / 25 | 2M | 2M |
| Q1 2024 | 108 | 11M | 56.0% | 31 / 29 | 35 / 28 | 2M | 2M |
| Q4 2023 | 105 | 11M | 56.9% | 8 / 41 | 41 / 9 | 1M | 1M |
| Q3 2023 | 106 | 11M | 55.4% | 11 / 28 | 50 / 10 | 0M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of FORR | Value | % of fund | As of |
|---|---|---|---|---|---|
| Strategic Advisers U.S. Total Stock Fund | 722,861 | 3.80% | $5.10M | 0.01% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 351,436 | 1.85% | $2.96M | 0.00% | Jun 30, 2026 |
| Tax-Managed U.S. Mid & Small Cap Fund | 302,411 | 1.59% | $3.48M | 0.17% | Jul 31, 2026 |
| Adara Smaller Companies Fund | 278,210 | 1.46% | $1.96M | 0.24% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 135,053 | 0.71% | $1.14M | 0.00% | Jun 30, 2026 |
| Meridian Small Cap Growth Fund | 107,078 | 0.56% | $900.53K | 0.33% | Jun 30, 2026 |
| Ultra-Small Company Fund | 92,617 | 0.49% | $778.91K | 0.79% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 72,686 | 0.38% | $512.44K | 0.00% | May 31, 2026 |
| SmallCap Value Fund II | 67,649 | 0.36% | $777.96K | 0.06% | Jul 31, 2026 |
| Vanguard Russell 2000 Index Fund | 58,134 | 0.31% | $409.84K | 0.00% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 57,881 | 0.30% | $408.06K | 0.00% | May 31, 2026 |
| Hotchkis and Wiley Small Cap Diversified Value Fund | 54,600 | 0.29% | $459.19K | 0.05% | Jun 30, 2026 |
| U.S. Micro Cap Portfolio | 52,155 | 0.27% | $599.78K | 0.01% | Jul 31, 2026 |
| AST Small-Cap Equity Portfolio | 40,780 | 0.21% | $342.96K | 0.02% | Jun 30, 2026 |
| iShares Micro-Cap ETF | 39,406 | 0.21% | $331.40K | 0.02% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Christophe Favre | Chief Sales Officer | 14,623 | 0.08% | Sep 2, 2026 |
| Leo Christian Finn | Chief Financial Officer | 34,476 | 0.18% | Aug 20, 2026 |
| Ryan Darrah | Chief Legal Officer | 27,244 | 0.14% | Aug 20, 2026 |
| Carrie Johnson | Chief Product Officer | 35,409 | 0.19% | Aug 14, 2026 |
| Scott Chouinard | Chief Accounting Officer | 18,064 | 0.09% | Aug 4, 2026 |
| Michael Facemire | Chief Technology Officer | 9,211 | 0.05% | Aug 4, 2026 |
| Andrew Cox | Chief Marketing Officer | 5,675 | 0.03% | Aug 4, 2026 |
| Jobina Gonsalves | Chief People Officer | 11,671 | 0.06% | Jun 2, 2026 |
| Sharyn Leaver | Chief Research Officer | 28,804 | 0.15% | Apr 2, 2026 |
| Nathaniel Swan | Chief Sales Officer | 9,666 | 0.05% | Apr 3, 2025 |
| Neil Bradford | Director | 45,602 | 0.24% | Jun 2, 2026 |
| Anthony J. Friscia | Director | 41,938 | 0.22% | May 13, 2026 |
| Warren N. Romine | Director | 29,702 | 0.16% | May 13, 2026 |
| Cory Munchbach | Director | 22,737 | 0.12% | May 13, 2026 |
| Robert Paul Bennett | Director | 27,305 | 0.14% | May 13, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Christophe Favre Chief Sales Officer | Sep 1, 2026 | Option exercise | +552 | – | – | 14,623 |
| Christophe Favre Chief Sales Officer | Sep 1, 2026 | Tax withholding | −257 | $12.23 | $3.14K | 14,366 |
| Leo Christian Finn Chief Financial Officer | Aug 20, 2026 | Sale | −7,000 | $11.78 | $82.46K | 34,476 |
| Ryan Darrah Chief Legal Officer | Aug 20, 2026 | Sale | −5,000 | $11.78 | $58.90K | 27,244 |
| Carrie Johnson Chief Product Officer | Aug 13, 2026 | Sale | −5,000 | $11.51 | $57.55K | 35,409 |
| Andrew Cox Chief Marketing Officer | Aug 1, 2026 | Tax withholding | −106 | $11.50 | $1.22K | 5,675 |
| Andrew Cox Chief Marketing Officer | Aug 1, 2026 | Option exercise | +308 | – | – | 5,781 |
| Michael Facemire Chief Technology Officer | Aug 1, 2026 | Option exercise | +2,605 | – | – | 9,211 |
| Michael Facemire Chief Technology Officer | Aug 1, 2026 | Tax withholding | −1,102 | $11.50 | $12.67K | 8,109 |
| Christophe Favre Chief Sales Officer | Aug 1, 2026 | Option exercise | +634 | – | – | 14,372 |
| Christophe Favre Chief Sales Officer | Aug 1, 2026 | Tax withholding | −301 | $11.50 | $3.46K | 14,071 |
| Scott Chouinard Chief Accounting Officer | Aug 1, 2026 | Option exercise | +925 | – | – | 15,535 |
| Scott Chouinard Chief Accounting Officer | Aug 1, 2026 | Tax withholding | −271 | $11.50 | $3.12K | 15,264 |
| Jobina Gonsalves Chief People Officer | Jun 1, 2026 | Option exercise | +4,913 | – | – | 11,671 |
| Jobina Gonsalves Chief People Officer | Jun 1, 2026 | Tax withholding | −1,441 | $7.22 | $10.40K | 10,230 |
| Neil Bradford Director | Jun 1, 2026 | Tax withholding | −198 | $7.22 | $1.43K | 45,602 |
| Andrew Cox Chief Marketing Officer | Jun 1, 2026 | Option exercise | +4,264 | – | – | 7,041 |
| Andrew Cox Chief Marketing Officer | Jun 1, 2026 | Tax withholding | −1,568 | $7.22 | $11.32K | 5,473 |
| Neil Bradford Director | May 12, 2026 | Award | +8,000 | – | – | 45,800 |
| Anthony J. Friscia Director | May 12, 2026 | Award | +8,000 | – | – | 41,938 |
| Robert Paul Bennett Director | May 12, 2026 | Award | +8,000 | – | – | 27,305 |
| Warren N. Romine Director | May 12, 2026 | Award | +8,000 | – | – | 29,702 |
| Cory Munchbach Director | May 12, 2026 | Award | +8,000 | – | – | 22,737 |
| Christophe Favre Chief Sales Officer | Apr 1, 2026 | Tax withholding | −1,532 | $5.39 | $8.26K | 13,738 |
| Christophe Favre Chief Sales Officer | Apr 1, 2026 | Option exercise | +3,177 | – | – | 15,270 |
| Ryan Darrah Chief Legal Officer | Apr 1, 2026 | Tax withholding | −3,641 | $5.39 | $19.62K | 32,244 |
| Ryan Darrah Chief Legal Officer | Apr 1, 2026 | Option exercise | −9,318 | – | – | 35,885 |
| Jobina Gonsalves Chief People Officer | Apr 1, 2026 | Option exercise | +5,000 | – | – | 8,490 |
| Jobina Gonsalves Chief People Officer | Apr 1, 2026 | Tax withholding | −1,732 | $5.39 | $9.34K | 6,758 |
| Sharyn Leaver Chief Research Officer | Apr 1, 2026 | Tax withholding | −2,956 | $5.39 | $15.93K | 28,804 |
| Sharyn Leaver Chief Research Officer | Apr 1, 2026 | Option exercise | +10,451 | – | – | 31,760 |
| Michael Facemire Chief Technology Officer | Apr 1, 2026 | Tax withholding | −2,855 | $5.39 | $15.39K | 6,606 |
| Michael Facemire Chief Technology Officer | Apr 1, 2026 | Option exercise | +5,994 | – | – | 9,461 |
| Scott Chouinard Chief Accounting Officer | Apr 1, 2026 | Option exercise | +4,645 | – | – | 16,218 |
| Scott Chouinard Chief Accounting Officer | Apr 1, 2026 | Tax withholding | −1,608 | $5.39 | $8.67K | 14,610 |
| Leo Christian Finn Chief Financial Officer | Apr 1, 2026 | Option exercise | +14,335 | – | – | 45,683 |
| Leo Christian Finn Chief Financial Officer | Apr 1, 2026 | Tax withholding | −4,207 | $5.39 | $22.68K | 41,476 |
| Andrew Cox Chief Marketing Officer | Apr 1, 2026 | Tax withholding | −723 | $5.39 | $3.90K | 2,777 |
| Andrew Cox Chief Marketing Officer | Apr 1, 2026 | Option exercise | +1,816 | – | – | 3,500 |
| Carrie Johnson Chief Product Officer | Apr 1, 2026 | Option exercise | +14,335 | – | – | 45,762 |
| Carrie Johnson Chief Product Officer | Apr 1, 2026 | Tax withholding | −5,353 | $5.39 | $28.85K | 40,409 |
| Neil Bradford Director | Mar 1, 2026 | Tax withholding | −197 | $5.98 | $1.18K | 37,800 |
| Christophe Favre Chief Sales Officer | Mar 1, 2026 | Tax withholding | −196 | $5.98 | $1.17K | 12,093 |
| Christophe Favre Chief Sales Officer | Mar 1, 2026 | Option exercise | +408 | – | – | 12,289 |
| Leo Christian Finn Chief Financial Officer | Mar 1, 2026 | Tax withholding | −2,170 | $5.98 | $12.98K | 31,348 |
| Leo Christian Finn Chief Financial Officer | Mar 1, 2026 | Option exercise | +6,266 | – | – | 33,518 |
| Andrew Cox Chief Marketing Officer | Mar 1, 2026 | Option exercise | +190 | – | – | 1,759 |
| Andrew Cox Chief Marketing Officer | Mar 1, 2026 | Tax withholding | −75 | $5.98 | $449 | 1,684 |
| Carrie Johnson Chief Product Officer | Mar 1, 2026 | Tax withholding | −2,566 | $5.98 | $15.34K | 31,427 |
| Carrie Johnson Chief Product Officer | Mar 1, 2026 | Option exercise | +6,018 | – | – | 33,993 |
| Michael Facemire Chief Technology Officer | Mar 1, 2026 | Tax withholding | −136 | $5.98 | $813 | 3,467 |
| Michael Facemire Chief Technology Officer | Mar 1, 2026 | Option exercise | +288 | – | – | 3,603 |
| Scott Chouinard Chief Accounting Officer | Mar 1, 2026 | Tax withholding | −258 | $5.98 | $1.54K | 11,573 |
| Scott Chouinard Chief Accounting Officer | Mar 1, 2026 | Option exercise | +745 | – | – | 11,831 |
| Sharyn Leaver Chief Research Officer | Mar 1, 2026 | Option exercise | +4,073 | – | – | 22,682 |
| Sharyn Leaver Chief Research Officer | Mar 1, 2026 | Tax withholding | −1,373 | $5.98 | $8.21K | 21,309 |
| Ryan Darrah Chief Legal Officer | Mar 1, 2026 | Tax withholding | −1,469 | $5.98 | $8.78K | 26,567 |
| Ryan Darrah Chief Legal Officer | Mar 1, 2026 | Option exercise | +3,446 | – | – | 28,036 |
| Michael Facemire Chief Technology Officer | Feb 1, 2026 | Option exercise | −134 | $8.11 | $1.09K | 3,315 |
| Michael Facemire Chief Technology Officer | Feb 1, 2026 | Option exercise | +388 | – | – | 3,449 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Christian Finn Leo Officer | Aug 20, 2026 | 7,000 | $82.43K | Aug 20, 2026 | Restricted stock units granted 10/01/2021 |
| Boyce David Former director | May 20, 2025 | 14,230 | $151.23K | May 20, 2025 | Restricted stock units granted 06/01/2017 |
| Galford Robert Director | May 13, 2025 | 15,541 | $161.65K | May 13, 2025 | Restricted stock units granted 05/08/2012 |
| P. Peltzman Steven Former officer | Sep 3, 2024 | 21,067 | $404.07K | Sep 3, 2024 | Restricted stock units granted 06/03/2013 |
| Darrah Ryan Officer | Aug 5, 2024 | 3,895 | $71.14K | Aug 5, 2024 | Restricted stock units granted 08/01/2019, 08/03/2020 and 08/02/2021 |
| Galford Robert Director | Feb 13, 2024 | 13,000 | $269.54K | Feb 13, 2024 | Restricted stock units granted 05/08/2012 |
| P. Peltzman Steven Officer | Aug 7, 2023 | 1,200 | $38.47K | Aug 7, 2023 | Restricted stock units granted 08/01/2019, 08/03/2020 and 08/02/2021 |
| Darrah Ryan Officer | Aug 1, 2023 | 2,835 | $90.55K | Aug 1, 2023 | Restricted stock units granted 06/03/2013 |
| Johnson Carrie Officer | Aug 1, 2023 | 3,000 | $96.00K | Aug 1, 2023 | Restricted stock units granted 11/01/2018 |