Gartner, Inc. (NYSE:IT – Get 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
Gartner Company Profile
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.
- Get a free copy of the StockNews.com research report on Gartner (IT)
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