Gartner, Inc. (IT) SVP Alwyn Dawkins Sells 5,000 Shares of Stock

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.

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

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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

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