New York State Common Retirement Fund Buys Shares of 15,500 Forian Inc. (NASDAQ:FORA)

New York State Common Retirement Fund purchased a new stake in Forian Inc. (NASDAQ:FORA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,500 shares of the company’s stock, valued at approximately $195,000.

Several other institutional investors also recently made changes to their positions in FORA. Geode Capital Management LLC acquired a new position in Forian in the first quarter valued at about $144,000. Goldman Sachs Group Inc. acquired a new stake in shares of Forian in the 1st quarter valued at approximately $108,000. Royal Bank of Canada acquired a new position in Forian during the first quarter valued at approximately $68,000. Oracle Investment Management Inc. acquired a new stake in Forian in the first quarter worth $1,571,000. Finally, Millennium Management LLC acquired a new position in shares of Forian in the 1st quarter valued at $1,607,000.

Shares of FORA stock opened at $10.22 on Tuesday. Forian Inc. has a 12-month low of $9.28 and a 12-month high of $45.00. The stock’s 50 day moving average is $11.04.

Forian (NASDAQ:FORA) last issued its quarterly earnings results on Thursday, August 12th. The company reported ($0.23) earnings per share for the quarter. The firm had revenue of $4.55 million for the quarter.

In other Forian news, Director Martin J. Wygod purchased 7,844 shares of the stock in a transaction dated Wednesday, September 15th. The shares were bought at an average price of $9.94 per share, with a total value of $77,969.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Martin J. Wygod purchased 4,000 shares of the stock in a transaction dated Monday, September 13th. The stock was purchased at an average cost of $10.00 per share, for a total transaction of $40,000.00. The disclosure for this purchase can be found here.

Separately, Royal Bank of Canada began coverage on Forian in a research report on Friday, July 9th. They set an “outperform” rating and a $31.00 price target for the company.

Forian Profile

Helix Technologies, Inc engages in the provision of infrastructure solutions to the cannabis industry. It operates through the following segments: Security and Guarding; Systems Installation; and Software. The Security and Guarding segment provides armed and unarmed guards, monitoring of security alarms and cameras, as well as armed transportation services.

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Institutional Ownership by Quarter for Forian (NASDAQ:FORA)

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