Gartner, Inc. (NYSE:IT – Get Free Report) EVP Yvonne Genovese sold 1,205 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $190.06, for a total transaction of $229,022.30. Following the transaction, the executive vice president directly owned 6,208 shares in the company, valued at approximately $1,179,892.48. The trade was a 16.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Gartner Price Performance
Shares of NYSE:IT traded down $7.39 during trading on Wednesday, reaching $179.88. The company had a trading volume of 1,011,826 shares, compared to its average volume of 1,580,612. The firm’s fifty day moving average is $147.05 and its 200 day moving average is $156.93. The firm has a market capitalization of $12.04 billion, a PE ratio of 16.13, a price-to-earnings-growth ratio of 0.64 and a beta of 0.94. Gartner, Inc. has a twelve month low of $124.25 and a twelve month 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.
Gartner (NYSE:IT – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.76 by $0.61. Gartner had a net margin of 11.99% and a return on equity of 525.46%. The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period last year, the firm posted $3.53 earnings per share. The business’s revenue was down .6% on a year-over-year basis. Gartner has set its FY 2026 guidance at 14.000- EPS. On average, equities analysts forecast that Gartner, Inc. will post 14.44 EPS for the current year.
Key Headlines Impacting Gartner
- Positive Sentiment: Gartner exceeded second-quarter earnings expectations. The information technology research and advisory firm reported $4.37 in earnings per share, well above the $3.76 consensus estimate, while revenue of $1.68 billion also topped forecasts of $1.65 billion. EPS increased from $3.53 a year earlier. Gartner Q2 2026 earnings call transcript
- Positive Sentiment: AI spending trends support Gartner’s market opportunity. Gartner forecasts global AI infrastructure spending will nearly double to $42.3 billion in 2026, potentially supporting demand for the company’s technology research, consulting, and advisory services. However, this is an industry forecast rather than an increase to Gartner’s own guidance. AI infrastructure spending forecast
- Neutral Sentiment: Analyst sentiment remains cautious. Gartner’s consensus rating is “Hold,” with an average price target of approximately $185.50. Recent targets range from $150 to $205, indicating limited upside according to some analysts despite the earnings beat.
- Negative Sentiment: A shareholder investigation has been announced. Bernstein Liebhard LLP is investigating potential breaches of fiduciary duty by Gartner directors and officers. The announcement does not establish wrongdoing, but it introduces legal and governance uncertainty that may weigh on the stock. Gartner shareholder investigation alert
- Negative Sentiment: Two insiders recently sold shares. Director Anne Sutherland Fuchs sold 860 shares for about $158,500, reducing her holdings by 9.6%. EVP Yvonne Genovese sold 1,205 shares for approximately $229,000, cutting her ownership by 16.3%. The sales are relatively small but add to near-term investor caution. SEC insider transaction filing
- Negative Sentiment: Revenue declined year over year. Despite beating estimates, quarterly revenue fell 0.6%, raising questions about the pace at which Gartner is benefiting from growing AI demand.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. Truist Financial set a $205.00 price objective on Gartner in a research note on Wednesday, August 5th. The Goldman Sachs Group boosted their price target on shares of Gartner from $162.00 to $181.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Zacks Research raised shares of Gartner from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Wells Fargo & Company raised their price objective on shares of Gartner from $120.00 to $150.00 and gave the company an “underweight” rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings cut shares of Gartner from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, July 31st. One investment 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 company. According to MarketBeat, Gartner presently has a consensus rating of “Hold” and an average price target of $185.50.
Read Our Latest Stock Analysis on Gartner
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Moran Wealth Management LLC acquired a new position in Gartner during the fourth quarter worth $3,516,000. CWM LLC lifted its position in shares of Gartner by 86.4% in the fourth quarter. CWM LLC now owns 57,684 shares of the information technology services provider’s stock worth $14,553,000 after buying an additional 26,734 shares during the last quarter. GHP Investment Advisors Inc. lifted its position in shares of Gartner by 111.7% in the fourth quarter. GHP Investment Advisors Inc. now owns 25,569 shares of the information technology services provider’s stock worth $6,451,000 after buying an additional 13,493 shares during the last quarter. Laurus Global Equity Management Inc. boosted its stake in shares of Gartner by 135.0% during the 4th quarter. Laurus Global Equity Management Inc. now owns 34,260 shares of the information technology services provider’s stock worth $8,643,000 after acquiring an additional 19,680 shares in the last quarter. Finally, Plato Investment Management Ltd increased its holdings in shares of Gartner by 293.4% during the 4th quarter. Plato Investment Management Ltd now owns 9,002 shares of the information technology services provider’s stock valued at $2,282,000 after acquiring an additional 6,714 shares during the last quarter. 91.51% of the stock is currently owned by institutional investors and hedge funds.
About Gartner
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.
Read More
- Five stocks we like better than Gartner
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for Gartner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gartner and related companies with MarketBeat.com's FREE daily email newsletter.
