Gartner, Inc. (NYSE:IT) SVP Alwyn Dawkins sold 1,438 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $117.94, for a total transaction of $169,597.72. Following the sale, the senior vice president now owns 26,137 shares of the company’s stock, valued at approximately $3,082,597.78. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

  • On Thursday, August 17th, Alwyn Dawkins sold 2,438 shares of Gartner stock. The stock was 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 stock was sold at an average price of $118.62, for a total transaction of $118,620.00.
  • On Thursday, May 25th, Alwyn Dawkins sold 1,000 shares of Gartner stock. The stock was sold at an average price of $117.86, for a total transaction of $117,860.00.
  • On Wednesday, May 24th, Alwyn Dawkins sold 1,400 shares of Gartner stock. The stock was sold at an average price of $116.05, for a total transaction of $162,470.00.

Gartner, Inc. (NYSE:IT) traded down 0.67% during trading on Friday, reaching $119.51. 746,181 shares of the company’s stock traded hands. Gartner, Inc. has a 52-week low of $84.54 and a 52-week high of $130.02. The company’s 50 day moving average is $124.99 and its 200-day moving average is $114.61. The stock has a market cap of $10.83 billion, a price-to-earnings ratio of 245.40 and a beta of 1.05.

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

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Large investors have recently made changes to their positions in the company. BlackRock Inc. increased 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 worth $882,800,000 after buying an additional 8,023,700 shares during the last quarter. Janus Henderson Group PLC increased 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 worth $528,449,000 after buying an additional 3,998,373 shares during the last quarter. Vanguard Group Inc. increased 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 worth $1,072,104,000 after buying an additional 2,125,783 shares during the last quarter. Janus Capital Management LLC increased its stake in shares of Gartner by 62.0% in the first quarter. Janus Capital Management LLC now owns 3,555,481 shares of the information technology services provider’s stock worth $383,956,000 after buying an additional 1,360,165 shares during the last quarter. Finally, Alliancebernstein L.P. increased its stake in shares of Gartner by 1,983.4% in the first quarter. Alliancebernstein L.P. now owns 1,329,202 shares of the information technology services provider’s stock worth $143,541,000 after buying an additional 1,265,402 shares during the last quarter. 87.56% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on the stock. Zacks Investment Research raised shares of Gartner from a “hold” rating to a “buy” rating and set a $142.00 price target on the stock in a research report on Wednesday, July 19th. Credit Suisse Group reaffirmed an “outperform” rating and set a $130.00 price target (up from $124.00) on shares of Gartner in a research report on Friday, May 5th. BidaskClub lowered shares of Gartner from a “buy” rating to a “hold” rating in a research report on Wednesday. Royal Bank Of Canada raised their price target on shares of Gartner from $124.00 to $130.00 and gave the stock a “top pick” rating in a research report on Friday, May 5th. Finally, TheStreet lowered shares of Gartner from a “b” rating to a “c+” rating in a research report on Tuesday, August 8th. Five investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $126.89.

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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