On September 10, 2024, James Smith, Director at Gartner Inc (IT, Financial), sold 2,128 shares of the company. The transaction was executed at a price of $500.15 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 572,090 shares of Gartner Inc.
Gartner Inc (IT, Financial) is a leading research and advisory company that provides insights, advice, and tools for leaders in IT, finance, HR, legal and compliance, marketing, sales, and supply chain functions across the world.
Over the past year, James Smith has sold a total of 113,096 shares of Gartner Inc and has not made any purchases of the stock. This recent transaction is part of a broader trend observed within the company, where there have been 56 insider sells and no insider buys over the past year.
On the day of the sale, shares of Gartner Inc were trading at $500.15, giving the company a market cap of approximately $38.97 billion. The price-earnings ratio of the company stands at 48.16, which is above both the industry median of 25.56 and the historical median for the company.
The stock is currently considered Modestly Overvalued with a price-to-GF Value ratio of 1.21, based on a GF Value of $414.00. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future performance and valuation perspectives.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
