On November 12, 2024, James Smith, Director at Gartner Inc (IT, Financial), executed a sale of 22,735 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 527,092 shares of Gartner Inc.
Gartner Inc 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 127,182 shares of Gartner Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 58 insider sells and no insider buys over the last year.
Shares of Gartner Inc were priced at $548.48 on the day of the sale. The company currently holds a market cap of approximately $42.56 billion. The price-earnings ratio of the stock stands at 40.69, which is above the industry median of 26.85.
The stock is considered Significantly Overvalued according to the GF Value, with a price-to-GF-Value ratio of 1.3. The GF Value of $420.36 is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.
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.
