Robin Kranich Sells 3,278 Shares of Gartner (NYSE:IT) Stock

Gartner, Inc. (NYSE:IT) EVP Robin Kranich sold 3,278 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $196.50, for a total value of $644,127.00. Following the transaction, the executive vice president directly owned 20,358 shares of the company’s stock, valued at approximately $4,000,347. This trade represents a 13.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Gartner Stock Down 4.0%

IT opened at $190.18 on Wednesday. The company has a debt-to-equity ratio of 46.98, a current ratio of 0.88 and a quick ratio of 0.88. Gartner, Inc. has a 12 month low of $124.25 and a 12 month high of $265.85. The stock has a market capitalization of $12.01 billion, a P/E ratio of 17.06, a P/E/G ratio of 0.68 and a beta of 0.95. The business has a 50 day simple moving average of $160.45 and a 200-day simple moving average of $156.72.

Gartner (NYSE:IT) last announced its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $4.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.76 by $0.61. Gartner had a return on equity of 525.46% and a net margin of 11.99%.The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the prior year, the company posted $3.53 earnings per share. Gartner’s quarterly 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 anticipate that Gartner, Inc. will post 14.42 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. DV Equities LLC purchased a new stake in Gartner in the 4th quarter valued at approximately $25,000. Entrust Financial LLC acquired a new stake in Gartner during the 4th quarter valued at $26,000. Elyxium Wealth LLC purchased a new position in Gartner during the fourth quarter worth $28,000. Osterweis Capital Management Inc. purchased a new position in Gartner during the second quarter worth $48,000. Finally, Clearstead Trust LLC raised its holdings in shares of Gartner by 351.6% in the fourth quarter. Clearstead Trust LLC now owns 140 shares of the information technology services provider’s stock worth $35,000 after acquiring an additional 109 shares during the last quarter. 91.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the stock. Zacks Research upgraded shares of Gartner from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Wells Fargo & Company upped their target price on shares of Gartner from $120.00 to $150.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada increased their target price on shares of Gartner from $160.00 to $164.00 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. Truist Financial set a $205.00 target price on shares of Gartner in a report on Wednesday, August 5th. Finally, Morgan Stanley set a $177.00 price target on Gartner in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Gartner presently has an average rating of “Hold” and an average target price of $187.30.

Key Gartner News

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner was highlighted as one of the top-performing IT services and consulting companies following its second-quarter results. The company reported adjusted earnings of $4.37 per share, well above the $3.76 consensus estimate, while revenue of $1.68 billion also exceeded expectations. The earnings beat and subsequent stock momentum remain supportive factors. Q2 earnings recap: Gartner tops IT services and consulting stocks
• Positive Sentiment: Gartner research continues to be cited in enterprise AI and digital-marketing coverage, reinforcing the value of its advisory and research franchise. Only 22% of enterprises have scaled AI across business units, suggesting significant potential demand for Gartner’s guidance as companies address adoption challenges. Only 22% of Enterprises Have Scaled AI Across Business Units
• Neutral Sentiment: Articles about quantum AI and Gartner-recognized vendors primarily discuss industry trends and third-party companies rather than new financial developments at Gartner. They support Gartner’s visibility as a technology authority but are unlikely to be immediate stock catalysts. Why quantum AI isn’t an IT priority yet
• Negative Sentiment: EVP Robin Kranich sold 3,278 shares for approximately $644,127, reducing her holdings by 13.87%. The sale was disclosed as required and may have been routine, but it can weigh modestly on sentiment. Gartner EVP Robin Kranich sells shares
• Negative Sentiment: Despite the earnings beat, quarterly revenue declined slightly year over year. Analysts’ average rating remains “Hold,” with a consensus price target of $187.30, below recent trading levels, indicating limited near-term upside after the rally. 3 Earnings Winners Setting Up for Another Leg Higher

Gartner Company Profile

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.