Robin B. Kranich Sells 1,295 Shares of Gartner, Inc. (NYSE:IT) Stock

Gartner, Inc. (NYSE:ITGet Rating) EVP Robin B. Kranich sold 1,295 shares of the stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $334.95, for a total value of $433,760.25. Following the transaction, the executive vice president now directly owns 9,603 shares of the company’s stock, valued at $3,216,524.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Gartner Stock Up 0.1 %

NYSE IT opened at $343.27 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 20.79. The company has a market cap of $27.13 billion, a price-to-earnings ratio of 36.99, a PEG ratio of 2.85 and a beta of 1.34. The company has a 50 day moving average of $304.47 and a 200-day moving average of $279.65. Gartner, Inc. has a 1-year low of $221.39 and a 1-year high of $346.35.

Analyst Ratings Changes

IT has been the topic of several recent analyst reports. StockNews.com assumed coverage on shares of Gartner in a research note on Wednesday, October 12th. They set a “buy” rating on the stock. Barclays increased their price target on Gartner from $265.00 to $315.00 and gave the company an “equal weight” rating in a research note on Thursday, August 4th. Morgan Stanley increased their price objective on shares of Gartner from $327.00 to $339.00 and gave the company an “equal weight” rating in a research report on Thursday, November 17th. Robert W. Baird increased their price target on shares of Gartner from $365.00 to $381.00 in a report on Wednesday, November 2nd. Finally, TheStreet upgraded Gartner from a “c+” rating to a “b-” rating in a report on Wednesday, August 17th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $336.13.

Hedge Funds Weigh In On Gartner

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mutual of America Capital Management LLC raised its position in shares of Gartner by 1.0% in the 1st quarter. Mutual of America Capital Management LLC now owns 10,977 shares of the information technology services provider’s stock valued at $3,265,000 after buying an additional 114 shares in the last quarter. National Asset Management Inc. acquired a new position in shares of Gartner during the 1st quarter worth $212,000. Metis Global Partners LLC lifted its position in shares of Gartner by 78.4% during the 1st quarter. Metis Global Partners LLC now owns 1,302 shares of the information technology services provider’s stock worth $388,000 after buying an additional 572 shares during the last quarter. Arizona State Retirement System raised its stake in Gartner by 0.5% during the first quarter. Arizona State Retirement System now owns 22,892 shares of the information technology services provider’s stock worth $6,809,000 after acquiring an additional 117 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of Gartner by 1.5% in the first quarter. Victory Capital Management Inc. now owns 244,189 shares of the information technology services provider’s stock worth $72,166,000 after acquiring an additional 3,664 shares during the last quarter. 92.20% of the stock is owned by institutional investors and hedge funds.

Gartner Company Profile

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Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.

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

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