Key Points
- Gartner EVP Akhil Jain sold 700 shares at an average price of $201.73, totaling approximately $141,211 and reducing his holdings by 7.93% to 8,130 shares.
- Gartner exceeded quarterly expectations, reporting $4.37 in earnings per share versus the $3.76 consensus estimate and $1.68 billion in revenue. However, revenue declined 0.6% year over year.
- Analysts maintain a consensus “Hold” rating with an average price target of $187.30, while the stock was recently reported at $193.00; the insider sale and a shareholder investigation add potential sentiment and legal overhangs.
Gartner, Inc. (NYSE:IT - Get Free Report) EVP Akhil Jain sold 700 shares of the firm's stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $201.73, for a total value of $141,211.00. Following the completion of the transaction, the executive vice president owned 8,130 shares in the company, valued at approximately $1,640,064.90. This trade represents a 7.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Gartner Stock Down 1.4%
Shares of IT opened at $193.00 on Thursday. The stock has a 50 day moving average price of $155.00 and a 200 day moving average price of $155.69. Gartner, Inc. has a one year low of $124.25 and a one year high of $265.85. The company has a debt-to-equity ratio of 46.98, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market capitalization of $12.19 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 0.68 and a beta of 0.94.
Gartner (NYSE:IT - Get Free Report) last announced its earnings results on Tuesday, August 4th. The information technology services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.76 by $0.61. The company had revenue of $1.68 billion for the quarter, compared to analysts' expectations of $1.65 billion. Gartner had a net margin of 11.99% and a return on equity of 525.46%. The firm's quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.53 EPS. Gartner has set its FY 2026 guidance at 14.000- EPS. Equities research analysts forecast that Gartner, Inc. will post 14.42 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on IT shares. Truist Financial set a $205.00 price target on Gartner in a research report on Wednesday, August 5th. Weiss Ratings raised Gartner from a "sell (d)" rating to a "sell (d+)" rating in a research note on Thursday, August 13th. UBS Group upped their target price on Gartner from $164.00 to $196.00 and gave the company a "neutral" rating in a report on Wednesday, August 5th. Morgan Stanley set a $177.00 target price on Gartner in a research note on Wednesday, August 5th. Finally, BMO Capital Markets lowered their price target on shares of Gartner from $214.00 to $206.00 and set a "market perform" rating on the stock in a research report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $187.30.
Read Our Latest Report on Gartner
Gartner News Roundup
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
Institutional Trading of Gartner
Hedge funds have recently made changes to their positions in the business. Physician Wealth Advisors Inc. raised its holdings in shares of Gartner by 143.9% in the 4th quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider's stock valued at $25,000 after purchasing an additional 59 shares in the last quarter. DV Equities LLC purchased a new position in Gartner in the fourth quarter valued at $25,000. Entrust Financial LLC purchased a new position in Gartner in the fourth quarter valued at $26,000. Elyxium Wealth LLC acquired a new stake in Gartner in the fourth quarter valued at $28,000. Finally, Activest Wealth Management raised its stake in Gartner by 11,600.0% in the fourth quarter. Activest Wealth Management now owns 117 shares of the information technology services provider's stock valued at $30,000 after buying an additional 116 shares in the last quarter. Institutional investors and hedge funds own 91.51% of the company's stock.
Gartner Company Profile
(
Get Free Report)
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.
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