Gartner, Inc. (NYSE:IT) Director Anne Sutherland Fuchs sold 5,000 shares of the stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $117.02, for a total transaction of $585,100.00. Following the transaction, the director now directly owns 29,895 shares of the company’s stock, valued at approximately $3,498,312.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Gartner, Inc. (NYSE IT) traded up 1.04% on Thursday, reaching $120.32. 1,017,109 shares of the company were exchanged. Gartner, Inc. has a 1-year low of $84.54 and a 1-year high of $130.02. The company has a 50-day moving average price of $125.11 and a 200 day moving average price of $114.57. The stock has a market capitalization of $10.90 billion, a PE ratio of 247.06 and a beta of 1.05.

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

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IT has been the subject of several research analyst reports. Zacks Investment Research raised shares of Gartner from a “hold” rating to a “buy” rating and set a $142.00 target price for the company in a research note on Wednesday, July 19th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $128.00 target price on shares of Gartner in a research note on Monday, May 8th. BidaskClub lowered shares of Gartner from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 9th. TheStreet lowered shares of Gartner from a “b” rating to a “c+” rating in a research note on Tuesday, August 8th. Finally, Morgan Stanley raised their price objective on shares of Gartner from $106.00 to $112.00 and gave the company an “equal weight” rating in a research note on Monday, May 8th. Five equities research 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 company. The stock has an average rating of “Buy” and a consensus price target of $126.89.

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in 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 worth $1,072,104,000 after buying an additional 2,125,783 shares in the last quarter. BlackRock Inc. boosted its position in 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 worth $882,800,000 after buying an additional 8,023,700 shares in the last quarter. Bamco Inc. NY boosted its position in 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 worth $871,481,000 after buying an additional 60,789 shares in the last quarter. Janus Henderson Group PLC boosted its position in 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 worth $528,449,000 after buying an additional 3,998,373 shares in the last quarter. Finally, Polen Capital Management LLC boosted its position in 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 worth $490,699,000 after buying an additional 257,899 shares in the last quarter. Hedge funds and other institutional investors own 87.56% of the company’s stock.

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)

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