Gartner, Inc.’s recent filing unveils that its EVP, Conferences Herkes Claire unloaded Company’s shares for reported $0.69 million on Mar 14 ’24. In the deal valued at $475.76 per share,1,460 shares were sold. As a result of this transaction, Herkes Claire now holds 2,842 shares worth roughly $1.32 million.
Then, SMITH JAMES C sold 5,000 shares, generating $2,350,450 in total proceeds. Upon selling the shares at $470.09, the Director now owns 618,235 shares.
Before that, HALL EUGENE A sold 18,716 shares. Gartner, Inc. shares valued at $8,773,934 were divested by the CEO at a price of $468.79 per share. As a result of the transaction, HALL EUGENE A now holds 1,155,457 shares, worth roughly $535.66 million.
UBS upgraded its Gartner, Inc. [IT] rating to a Buy from a a Neutral in a research note published on April 11, 2024; the price target was increased to $550 from $484. UBS began covering IT with “Neutral” recommendation on June 01, 2023.
Price Performance Review of IT
On Monday, Gartner, Inc. [NYSE:IT] saw its stock fall -0.40% to $463.59. Over the last five days, the stock has lost -1.75%. Gartner, Inc. shares have risen nearly 2.77% since the year began. Nevertheless, the stocks have risen 44.44% over the past one year. While a 52-week high of $486.54 was reached on 03/21/24, a 52-week low of $292.60 was recorded on 01/05/24. SMA at 50 days reached $465.99, while 200 days put it at $405.37. A total of 0.63 million shares were traded, compared to the trading of 0.31 million shares in the previous session.
Levels Of Support And Resistance For IT Stock
The 24-hour chart illustrates a support level at 459.62, which if violated will result in even more drops to 455.65. On the upside, there is a resistance level at 470.93. A further resistance level may holdings at 478.28. The Relative Strength Index (RSI) on the 14-day chart is 45.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.19%. Stochastics %K at 21.59% indicates the stock is a holding.
The most recent change occurred on July 13, 2022 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $305 price target.
