Gartner, Inc. (NYSE:IT – Get Rating) EVP Robin B. Kranich sold 1,295 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The stock was sold at an average price of $334.95, for a total transaction of $433,760.25. Following the sale, the executive vice president now owns 9,603 shares of the company’s stock, valued at approximately $3,216,524.85. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Gartner Stock Performance
Shares of IT opened at $343.27 on Friday. Gartner, Inc. has a 12 month low of $221.39 and a 12 month high of $346.35. The company’s fifty day moving average is $304.47 and its 200-day moving average is $279.65. The firm has a market cap of $27.13 billion, a price-to-earnings ratio of 36.99, a price-to-earnings-growth ratio of 2.85 and a beta of 1.34. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 20.79.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the company. TheStreet raised Gartner from a “c+” rating to a “b-” rating in a research note on Wednesday, August 17th. Barclays boosted their price target on Gartner from $265.00 to $315.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 4th. Jefferies Financial Group restated a “hold” rating and set a $300.00 target price on shares of Gartner in a research note on Tuesday, October 25th. StockNews.com initiated coverage on shares of Gartner in a research note on Wednesday, October 12th. They issued a “buy” rating for the company. Finally, Wells Fargo & Company upped their price objective on Gartner from $345.00 to $358.00 in a research note on Thursday, November 3rd. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $336.13.
Institutional Investors Weigh In On Gartner
Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.
- Get a free copy of the StockNews.com research report on Gartner (IT)
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