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Gartner, Inc.’s latest rating changes from various analysts

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 $1.24 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 $504.44 million.

Deutsche Bank initiated its Gartner, Inc. [IT] rating to a Hold in a research note published on April 16, 2024; the price target was $507. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in mid April from “a Neutral” to “a Buy”. UBS started covering the stock on June 01, 2023. It rated IT as “a Neutral”.

Price Performance Review of IT

On Tuesday, Gartner, Inc. [NYSE:IT] saw its stock fall -0.80% to $436.57. Over the last five days, the stock has lost -0.13%. Gartner, Inc. shares have fallen nearly -3.22% since the year began. Nevertheless, the stocks have risen 40.54% over the past one year. While a 52-week high of $486.54 was reached on 03/21/24, a 52-week low of $309.02 was recorded on 04/30/24. SMA at 50 days reached $458.27, while 200 days put it at $414.10. A total of 0.34 million shares were traded, compared to the trading of 0.37 million shares in the previous session.

Levels Of Support And Resistance For IT Stock

The 24-hour chart illustrates a support level at 431.98, which if violated will result in even more drops to 427.40. On the upside, there is a resistance level at 442.65. A further resistance level may holdings at 448.74. The Relative Strength Index (RSI) on the 14-day chart is 44.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 45.83%. Stochastics %K at 58.58% indicates the stock is a holding.

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