Gartner (NYSE:IT) EVP Yvonne Genovese Sells 1,205 Shares of Stock

Gartner, Inc. (NYSE:ITGet Free Report) EVP Yvonne Genovese sold 1,205 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $190.06, for a total transaction of $229,022.30. Following the completion of the transaction, the executive vice president owned 6,208 shares of the company’s stock, valued at $1,179,892.48. This trade represents a 16.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Gartner Stock Down 3.9%

IT traded down $7.39 during trading hours on Wednesday, reaching $179.88. 1,011,826 shares of the stock traded hands, compared to its average volume of 1,580,612. Gartner, Inc. has a fifty-two week low of $124.25 and a fifty-two week high of $265.85. The company has a market cap of $12.04 billion, a price-to-earnings ratio of 16.13, a PEG ratio of 0.64 and a beta of 0.94. The company has a debt-to-equity ratio of 46.98, a current ratio of 0.88 and a quick ratio of 0.88. The firm’s fifty day simple moving average is $147.05 and its two-hundred day simple moving average is $156.93.

Gartner (NYSE:ITGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $4.37 EPS for the quarter, topping analysts’ consensus estimates of $3.76 by $0.61. Gartner had a net margin of 11.99% and a return on equity of 525.46%. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the previous year, the business posted $3.53 EPS. The firm’s revenue was down .6% compared to the same quarter last year. Gartner has set its FY 2026 guidance at 14.000- EPS. As a group, analysts forecast that Gartner, Inc. will post 14.44 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on IT. Wells Fargo & Company upped their target price on shares of Gartner from $120.00 to $150.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. Weiss Ratings lowered shares of Gartner from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, July 31st. UBS Group raised their target price on shares of Gartner from $164.00 to $196.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Royal Bank Of Canada lifted their target price on Gartner from $160.00 to $164.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Finally, Zacks Research raised Gartner from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $185.50.

Check Out Our Latest Research Report on IT

Gartner News Roundup

Here are the key news stories impacting Gartner this week:

  • Positive Sentiment: Gartner exceeded second-quarter earnings expectations. The information technology research and advisory firm reported $4.37 in earnings per share, well above the $3.76 consensus estimate, while revenue of $1.68 billion also topped forecasts of $1.65 billion. EPS increased from $3.53 a year earlier. Gartner Q2 2026 earnings call transcript
  • Positive Sentiment: AI spending trends support Gartner’s market opportunity. Gartner forecasts global AI infrastructure spending will nearly double to $42.3 billion in 2026, potentially supporting demand for the company’s technology research, consulting, and advisory services. However, this is an industry forecast rather than an increase to Gartner’s own guidance. AI infrastructure spending forecast
  • Neutral Sentiment: Analyst sentiment remains cautious. Gartner’s consensus rating is “Hold,” with an average price target of approximately $185.50. Recent targets range from $150 to $205, indicating limited upside according to some analysts despite the earnings beat.
  • Negative Sentiment: A shareholder investigation has been announced. Bernstein Liebhard LLP is investigating potential breaches of fiduciary duty by Gartner directors and officers. The announcement does not establish wrongdoing, but it introduces legal and governance uncertainty that may weigh on the stock. Gartner shareholder investigation alert
  • Negative Sentiment: Two insiders recently sold shares. Director Anne Sutherland Fuchs sold 860 shares for about $158,500, reducing her holdings by 9.6%. EVP Yvonne Genovese sold 1,205 shares for approximately $229,000, cutting her ownership by 16.3%. The sales are relatively small but add to near-term investor caution. SEC insider transaction filing
  • Negative Sentiment: Revenue declined year over year. Despite beating estimates, quarterly revenue fell 0.6%, raising questions about the pace at which Gartner is benefiting from growing AI demand.

Hedge Funds Weigh In On Gartner

Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Gartner during the second quarter worth approximately $676,246,000. J. Stern & Co. LLP raised its stake in Gartner by 8,182.0% during the 4th quarter. J. Stern & Co. LLP now owns 1,536,890 shares of the information technology services provider’s stock valued at $387,727,000 after acquiring an additional 1,518,333 shares in the last quarter. Norges Bank acquired a new position in Gartner during the 4th quarter worth $299,576,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Gartner by 108,812.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,025,952 shares of the information technology services provider’s stock worth $258,827,000 after purchasing an additional 1,025,010 shares in the last quarter. Finally, Capital International Investors grew its stake in shares of Gartner by 28.3% in the fourth quarter. Capital International Investors now owns 4,004,093 shares of the information technology services provider’s stock worth $1,010,153,000 after purchasing an additional 884,250 shares in the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.

About Gartner

(Get Free Report)

Gartner, Inc is a global research and advisory firm that provides insights, advice and tools for leaders in IT, finance, HR, customer service and other business functions. Founded in 1979 and headquartered in Stamford, Connecticut, Gartner specializes in helping organizations make informed decisions about technology, operations and strategy through a combination of published research, advisory services, consulting, executive programs and events.

The company’s offerings include proprietary research reports, market forecasts, and analytical frameworks that are widely used by technology buyers and vendors.

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Insider Buying and Selling by Quarter for Gartner (NYSE:IT)

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