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Top Buys by Directors: Bradford's $204.4K Bet on FORR

By Market News Video Staff, Wednesday, September 15, 1:05 PM ET
Play Video: One Reason For Insiders to Buy


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The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $204.4K by Neil Bradford, Director at Forrester Research Inc. (NASDAQ:FORR).

Bradford bets big on FORR:

Purchased Insider Title Shares Price/Share Value
08/26/2021 Neil Bradford Director 4,450 $45.94 $204,434.78

Bradford's average cost works out to $45.94/share. Shares of Forrester Research Inc. were changing hands at $46.77 at last check, trading up about 0.6% on Wednesday. The chart below shows the one year performance of FORR shares, versus its 200 day moving average:

Forrester Research Inc. Chart

Looking at the chart above, FORR's low point in its 52 week range is $30.88 per share, with $48.87 as the 52 week high point — that compares with a last trade of $46.77.


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This Article's Word Cloud:   Bradford   Buys   Company   Director   Directors   Dividends   FORR   Forrester   Free   Insider   Looking   Neil   Presumably   Price   Purchased   Report   Research   Share   Shares   Start   Title   Value   Wednesday   about   above   average   below   bets   both   business   buys   cash   changing   chart   check   choose   company   directors   last   make   maybe   mdash   point   share   stock   take   that   they   week   with
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Top Buys by Directors: Bradford's $204.4K Bet on FORR | Market News Video | Copyright © 2008 - 2021, All Rights Reserved

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