Gartner Inc (NYSE:IT) CEO Eugene A. Hall sold 49,687 shares of Gartner stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $116.39, for a total value of $5,783,069.93. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Gartner Inc (NYSE:IT) opened at $115.93 on Wednesday. The company has a debt-to-equity ratio of 2.95, a current ratio of 0.92 and a quick ratio of 0.92. Gartner Inc has a 52-week low of $101.86 and a 52-week high of $142.16. The stock has a market capitalization of $10,510.00, a price-to-earnings ratio of 3,864.33, a price-to-earnings-growth ratio of 1.93 and a beta of 1.06.
Gartner (NYSE:IT) last released its earnings results on Tuesday, February 6th. The information technology services provider reported $1.17 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.32 by ($0.15). Gartner had a return on equity of 42.47% and a net margin of 0.10%. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same period in the prior year, the business earned $0.97 earnings per share. The business’s quarterly revenue was up 44.3% compared to the same quarter last year. equities analysts predict that Gartner Inc will post 3.92 EPS for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in the business. Pin Oak Investment Advisors Inc. purchased a new position in shares of Gartner in the fourth quarter valued at $145,000. Tower Research Capital LLC TRC grew its position in shares of Gartner by 552.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,475 shares of the information technology services provider’s stock valued at $182,000 after purchasing an additional 1,249 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of Gartner by 52.4% in the third quarter. Advisors Asset Management Inc. now owns 1,468 shares of the information technology services provider’s stock valued at $183,000 after purchasing an additional 505 shares in the last quarter. Fieldpoint Private Securities LLC purchased a new position in shares of Gartner in the third quarter valued at $185,000. Finally, Advisory Services Network LLC grew its position in shares of Gartner by 533.2% in the fourth quarter. Advisory Services Network LLC now owns 1,507 shares of the information technology services provider’s stock valued at $186,000 after purchasing an additional 1,269 shares in the last quarter. 96.97% of the stock is owned by institutional investors and hedge funds.
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.
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