On September 12, 2024, James Smith, Director at Gartner Inc (IT, Financial), executed a sale of 7,872 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 564,218 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, the insider has sold a total of 120,968 shares and has not purchased any shares. This recent sale is part of a broader trend observed at Gartner Inc, where there have been 57 insider sells and no insider buys over the past year.
On the day of the sale, shares of Gartner Inc were priced at $501.72. The company's market cap was approximately $39.34 billion. Gartner Inc's price-earnings ratio stood at 48.62, which is above both the industry median of 25.62 and the company’s historical median.
The stock is considered Modestly Overvalued with a price-to-GF Value ratio of 1.21, based on a GF Value of $414.08. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics, including its price-to-free cash flow, price-sales ratio, and price-book ratio.
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.
