Gartner, Inc. (NYSE:IT) SVP Alwyn Dawkins sold 1,000 shares of Gartner stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $119.21, for a total transaction of $119,210.00. Following the completion of the transaction, the senior vice president now owns 23,699 shares of the company’s stock, valued at $2,825,157.79. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Alwyn Dawkins also recently made the following trade(s):

  • On Wednesday, August 16th, Alwyn Dawkins sold 1,438 shares of Gartner stock. The shares were sold at an average price of $117.94, for a total transaction of $169,597.72.
  • On Thursday, August 17th, Alwyn Dawkins sold 2,438 shares of Gartner stock. The shares were sold at an average price of $118.63, for a total transaction of $289,219.94.
  • On Thursday, August 10th, Alwyn Dawkins sold 1,000 shares of Gartner stock. The shares were sold at an average price of $118.62, for a total transaction of $118,620.00.

Gartner, Inc. (IT) opened at 118.75 on Friday. The company has a market capitalization of $10.76 billion, a P/E ratio of 243.84 and a beta of 1.05. Gartner, Inc. has a one year low of $84.54 and a one year high of $130.02. The firm has a 50-day moving average of $124.10 and a 200 day moving average of $115.45.

Gartner (NYSE:IT) last issued its quarterly earnings results on Tuesday, August 8th. The information technology services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.83 by $0.05. The company had revenue of $843.73 million during the quarter, compared to analyst estimates of $892.64 million. Gartner had a net margin of 1.50% and a return on equity of 103.10%. The firm’s revenue was up 38.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.75 EPS. On average, equities analysts forecast that Gartner, Inc. will post $3.41 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Insider Selling: Gartner, Inc. (IT) SVP Sells $119,210.00 in Stock” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another publication, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/08/27/insider-selling-gartner-inc-it-svp-sells-119210-00-in-stock.html.

A number of research analysts recently weighed in on the stock. Cantor Fitzgerald reiterated a “buy” rating and issued a $128.00 price objective on shares of Gartner in a research note on Monday, May 8th. BMO Capital Markets reissued an “outperform” rating and issued a $132.00 price target (down from $137.00) on shares of Gartner in a report on Monday, August 14th. Royal Bank Of Canada raised their price target on shares of Gartner from $124.00 to $130.00 and gave the company a “top pick” rating in a report on Friday, May 5th. Zacks Investment Research downgraded shares of Gartner from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Finally, BidaskClub downgraded shares of Gartner from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. Five analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $129.25.

A number of large investors have recently modified their holdings of IT. Vanguard Group Inc. raised its stake in shares of Gartner by 32.4% in the second quarter. Vanguard Group Inc. now owns 8,680,305 shares of the information technology services provider’s stock valued at $1,072,104,000 after buying an additional 2,125,783 shares during the last quarter. BlackRock Inc. raised its stake in shares of Gartner by 5,309.2% in the first quarter. BlackRock Inc. now owns 8,174,829 shares of the information technology services provider’s stock valued at $882,800,000 after buying an additional 8,023,700 shares during the last quarter. Bamco Inc. NY raised its stake in shares of Gartner by 0.9% in the second quarter. Bamco Inc. NY now owns 7,055,955 shares of the information technology services provider’s stock valued at $871,481,000 after buying an additional 60,789 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Gartner by 1,426.9% in the second quarter. Janus Henderson Group PLC now owns 4,278,595 shares of the information technology services provider’s stock valued at $528,449,000 after buying an additional 3,998,373 shares during the last quarter. Finally, Polen Capital Management LLC raised its stake in shares of Gartner by 6.9% in the second quarter. Polen Capital Management LLC now owns 3,972,949 shares of the information technology services provider’s stock valued at $490,699,000 after buying an additional 257,899 shares during the last quarter. 87.56% of the stock is owned by institutional investors.

About Gartner

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)

Receive News & Stock 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 stocks with our FREE daily email newsletter.