Eugene Hall, Chairman and Chief Executive Officer of Gartner Inc (IT, Financial), sold 34,060 shares of the company on September 12, 2024, according to a recent SEC Filing. Following this transaction, the insider now directly owns 1,143,401 shares in the company.
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, Eugene Hall has sold a total of 100,404 shares of Gartner Inc (IT, Financial) and has not made any purchases of the stock. The company's insider transaction history reveals a pattern of 59 insider sales and no insider buys over the same period.
On the date of the latest sale, shares of Gartner Inc (IT, Financial) were priced at $505.4 each. This valuation brings the company's market cap to approximately $39.31 billion. The price-earnings ratio of the stock stands at 48.58, which is above both the industry median of 26.15 and the historical median for the company.
The stock's current price also reflects a GF Value of $414.35, leading to a price-to-GF-Value ratio of 1.22. This suggests that Gartner Inc (IT, Financial) is modestly overvalued in the market.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels concerning the company's current valuation and future prospects.
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.
