Gartner, Inc. (NYSE:IT) Director Anne Sutherland Fuchs sold 5,000 shares of the business’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of $118.92, for a total transaction of $594,600.00. Following the completion of the sale, the director now directly owns 27,395 shares in the company, valued at approximately $3,257,813.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Anne Sutherland Fuchs also recently made the following trade(s):

  • On Tuesday, August 15th, Anne Sutherland Fuchs sold 5,000 shares of Gartner stock. The shares were sold at an average price of $117.02, for a total transaction of $585,100.00.

Shares of Gartner, Inc. (IT) opened at 118.84 on Tuesday. The firm has a market capitalization of $10.77 billion, a P/E ratio of 244.02 and a beta of 1.05. The company has a 50 day moving average of $124.10 and a 200-day moving average of $115.45. Gartner, Inc. has a 12 month low of $84.54 and a 12 month high of $130.02.

Gartner (NYSE:IT) last released its quarterly earnings data on Tuesday, August 8th. The information technology services provider reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.05. Gartner had a return on equity of 103.10% and a net margin of 1.50%. The business had revenue of $843.73 million during the quarter, compared to analysts’ expectations of $892.64 million. During the same quarter last year, the business posted $0.75 EPS. The business’s revenue was up 38.3% on a year-over-year basis. Analysts predict that Gartner, Inc. will post $3.41 EPS for the current year.

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Several equities research analysts have recently weighed in on the stock. BidaskClub lowered shares of Gartner from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $132.00 target price (down previously from $137.00) on shares of Gartner in a report on Monday, August 14th. Zacks Investment Research lowered shares of Gartner from a “buy” rating to a “hold” rating in a report on Friday, August 11th. TheStreet lowered shares of Gartner from a “b” rating to a “c+” rating in a report on Tuesday, August 8th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a $138.00 price target (up previously from $130.00) on shares of Gartner in a research report on Wednesday, August 9th. Five analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $129.25.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund boosted its position in Gartner by 1.4% in the first quarter. Oregon Public Employees Retirement Fund now owns 28,826 shares of the information technology services provider’s stock worth $3,113,000 after buying an additional 400 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD boosted its position in Gartner by 756.3% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 51,240 shares of the information technology services provider’s stock worth $5,533,000 after buying an additional 45,256 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Gartner by 9.0% in the first quarter. Russell Investments Group Ltd. now owns 124,923 shares of the information technology services provider’s stock worth $13,490,000 after buying an additional 10,295 shares during the last quarter. Shell Asset Management Co. boosted its position in Gartner by 3.3% in the first quarter. Shell Asset Management Co. now owns 16,634 shares of the information technology services provider’s stock worth $1,796,000 after buying an additional 529 shares during the last quarter. Finally, First Mercantile Trust Co. boosted its position in Gartner by 1.1% in the first quarter. First Mercantile Trust Co. now owns 3,321 shares of the information technology services provider’s stock worth $359,000 after buying an additional 37 shares during the last quarter. Institutional investors own 91.91% of the company’s stock.

Gartner Company Profile

Gartner, Inc is an information technology research and advisory company. The Company works with clients to research, analyze and interpret the business of information technology (IT), supply chain and marketing within the context of their individual roles. It operates in three segments: Research, Consulting and Events.

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

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