Gartner, Inc. (NYSE:IT) SVP Alwyn Dawkins sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 14th. The shares were sold at an average price of $101.35, for a total transaction of $506,750.00. Following the transaction, the senior vice president now directly owns 49,183 shares of the company’s stock, valued at approximately $4,984,697.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Gartner, Inc. (NYSE:IT) traded up 0.71% during midday trading on Thursday, reaching $103.57. 815,824 shares of the company’s stock were exchanged. The company has a market cap of $8.56 billion, a price-to-earnings ratio of 44.84 and a beta of 1.09. The firm has a 50-day moving average price of $99.65 and a 200 day moving average price of $95.68. Gartner, Inc. has a 12-month low of $80.82 and a 12-month high of $105.45.
Gartner (NYSE:IT) last announced its quarterly earnings data on Thursday, February 2nd. The company reported $0.97 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.98 by $0.01. Gartner had a net margin of 7.57% and a negative return on equity of 408.56%. The business earned $703.20 million during the quarter, compared to analysts’ expectations of $714.01 million. During the same period last year, the company posted $0.92 EPS. Gartner’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, analysts expect that Gartner, Inc. will post $3.22 EPS for the current fiscal year.
This article was originally published by and is the sole property of Zolmax. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of U.S. and International copyright law. The original version of this story can be read at https://zolmax.com/investing/gartner-inc-it-svp-alwyn-dawkins-sells-5000-shares-of-stock/1206570.html
This report was posted by Zolmax and is owned by of Zolmax. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. and international copyright legislation. The correct version of this report can be read at https://zolmax.com/investing/gartner-inc-it-svp-alwyn-dawkins-sells-5000-shares-of-stock/1206570.html.
Several large investors have recently made changes to their positions in the stock. Advisor Group Inc. boosted its stake in shares of Gartner by 0.4% in the third quarter. Advisor Group Inc. now owns 2,048 shares of the company’s stock worth $181,000 after buying an additional 8 shares during the period. US Bancorp DE boosted its stake in shares of Gartner by 0.4% in the third quarter. US Bancorp DE now owns 6,215 shares of the company’s stock worth $549,000 after buying an additional 25 shares during the period. Isthmus Partners LLC boosted its stake in shares of Gartner by 0.8% in the third quarter. Isthmus Partners LLC now owns 8,530 shares of the company’s stock worth $757,000 after buying an additional 70 shares during the period. First Mercantile Trust Co. boosted its stake in shares of Gartner by 4.8% in the third quarter. First Mercantile Trust Co. now owns 1,870 shares of the company’s stock worth $165,000 after buying an additional 85 shares during the period. Finally, Sumitomo Mitsui Asset Management Company LTD boosted its stake in shares of Gartner by 1.4% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 6,036 shares of the company’s stock worth $587,000 after buying an additional 86 shares during the period. 90.39% of the stock is owned by institutional investors.
Several equities analysts have recently issued reports on IT shares. RBC Capital Markets reaffirmed a “buy” rating and set a $116.00 price target on shares of Gartner in a research note on Friday, January 20th. Zacks Investment Research raised shares of Gartner from a “hold” rating to a “buy” rating and set a $107.00 price target for the company in a research note on Tuesday, January 10th. Cantor Fitzgerald set a $108.00 price target on shares of Gartner and gave the company a “buy” rating in a research note on Thursday, February 2nd. Macquarie downgraded shares of Gartner from an “outperform” rating to a “neutral” rating in a research note on Friday, January 6th. Finally, BMO Capital Markets raised shares of Gartner from a “market perform” rating to an “outperform” rating and set a $105.00 target price for the company in a research note on Friday, January 6th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $107.00.
Gartner Company Profile
Receive News & Ratings for Gartner Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gartner Inc. and related companies with MarketBeat.com's FREE daily email newsletter.