Insider Sale: Director James Smith Sells 12,635 Shares of Gartner Inc (IT)

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Nov 17, 2024
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On November 13, 2024, James Smith, Director at Gartner Inc (IT, Financial), executed a sale of 12,635 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 514,457 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 139,817 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 60 insider sells and no insider buys over the past year.

Shares of Gartner Inc were priced at $552.79 on the day of the sale. The company currently holds a market cap of approximately $40.33 billion. The price-earnings ratio of the company stands at 38.56, which is above the industry median of 26.31.

The stock is considered Modestly Overvalued with a price-to-GF Value ratio of 1.31, based on a GF Value of $420.38. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.

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This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future prospects and current valuation.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.