Gartner (NYSE:IT) EVP Akhil Jain Sells 700 Shares

Gartner, Inc. (NYSE:IT) EVP Akhil Jain sold 700 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $201.73, for a total transaction of $141,211.00. Following the completion of the transaction, the executive vice president directly owned 8,130 shares of the company’s stock, valued at approximately $1,640,064.90. This represents a 7.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Gartner Price Performance

Shares of IT opened at $193.00 on Thursday. The company has a debt-to-equity ratio of 46.98, a current ratio of 0.88 and a quick ratio of 0.88. The company’s fifty day moving average price is $155.00 and its 200-day moving average price is $155.69. Gartner, Inc. has a 1-year low of $124.25 and a 1-year high of $265.85. The firm has a market capitalization of $12.19 billion, a PE ratio of 17.31, a price-to-earnings-growth ratio of 0.68 and a beta of 0.94.

Gartner (NYSE:IT) last issued its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $4.37 EPS for the quarter, topping analysts’ consensus estimates of $3.76 by $0.61. The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Gartner had a return on equity of 525.46% and a net margin of 11.99%.The firm’s revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.53 EPS. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, equities research analysts predict that Gartner, Inc. will post 14.42 EPS for the current year.

Hedge Funds Weigh In On Gartner

Several large investors have recently made changes to their positions in the company. California State Teachers Retirement System increased its stake in shares of Gartner by 9,136.9% in the 2nd quarter. California State Teachers Retirement System now owns 9,852,805 shares of the information technology services provider’s stock valued at $1,277,121,000 after purchasing an additional 9,746,137 shares in the last quarter. Bamco Inc. NY purchased a new stake in shares of Gartner in the second quarter valued at approximately $985,243,000. BlackRock Inc. purchased a new stake in shares of Gartner in the second quarter valued at approximately $676,246,000. J. Stern & Co. LLP raised its stake in shares of Gartner by 8,182.0% during the 4th quarter. J. Stern & Co. LLP now owns 1,536,890 shares of the information technology services provider’s stock worth $387,727,000 after buying an additional 1,518,333 shares during the period. Finally, Norges Bank acquired a new position in shares of Gartner during the 4th quarter worth approximately $299,576,000. 91.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on IT. Wells Fargo & Company lifted their price objective on shares of Gartner from $120.00 to $150.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. BMO Capital Markets cut their price objective on shares of Gartner from $214.00 to $206.00 and set a “market perform” rating on the stock in a research note on Tuesday, August 18th. The Goldman Sachs Group raised their target price on shares of Gartner from $162.00 to $181.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Morgan Stanley set a $177.00 target price on shares of Gartner in a research report on Wednesday, August 5th. Finally, Truist Financial set a $205.00 price target on shares of Gartner in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Gartner currently has an average rating of “Hold” and a consensus price target of $187.30.

Key Stories Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Recent performance and buybacks support confidence: Gartner shares have gained about 28% over the past three months, helped by consistent earnings beats, relatively steady revenue, and expanded share repurchases. The company’s latest quarterly results also exceeded consensus estimates for both earnings and revenue. Gartner Stock Gains 28% in 3 Months: Here’s What You Should Know
• Neutral Sentiment: AI guidance reinforces Gartner’s market relevance: Gartner is advising businesses to use sandboxes to control and test AI agents. The guidance may support the company’s thought-leadership profile, but the article does not announce a new contract or material financial impact. Gartner: Deploy sandboxes to rein in AI agents
• Neutral Sentiment: Industry research highlights growth opportunities: Gartner forecasts that memory semiconductor sales could quadruple this year, indicating strong technology spending and potential demand for related research and advisory services. However, this is an industry forecast rather than company-specific guidance. Gartner: Memory semiconductor sales to quadruple this year
• Negative Sentiment: Executive insider sale may pressure sentiment: Consulting EVP Akhil Jain sold 700 Gartner shares for approximately $141,211 at an average price of $201.73, reducing his direct holdings by 7.93%. While insider sales can be routine, investors may interpret the transaction as a cautious signal. Akhil Jain Gartner insider transaction
• Negative Sentiment: Shareholder investigation adds legal overhang: Bernstein Liebhard LLP is investigating whether Gartner directors and officers breached fiduciary duties. The announcement is an allegation and does not establish wrongdoing, but it introduces potential legal and reputational risk for shareholders. Gartner Shareholder Investigation Alert

About Gartner

Gartner, Inc is a global research and advisory firm that provides insights, advice and tools for leaders in IT, finance, HR, customer service and other business functions. Founded in 1979 and headquartered in Stamford, Connecticut, Gartner specializes in helping organizations make informed decisions about technology, operations and strategy through a combination of published research, advisory services, consulting, executive programs and events.

The company’s offerings include proprietary research reports, market forecasts, and analytical frameworks that are widely used by technology buyers and vendors.