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Keeping an Eye on Gartner, Inc (IT) After Insider Trading Activity

Gartner, Inc’s filing revealed that its Former Director (Resigned as o HILLTOP SECURITIES INC. acquired Company’s shares for reported $14.54 million on Jan 02 ’25. In the deal valued at $484.76 per share,30,000 shares were bought.

Then, Genovese Yvonne sold 173 shares, generating $89,931 in total proceeds. Upon selling the shares at $519.83, the EVP, Global Product Management now owns 1,959 shares.

Before that, Genovese Yvonne bought 173 shares. Gartner, Inc shares valued at $89,931 were divested by the Officer at a price of $519.83 per share.

Barclays upgraded its Gartner, Inc [IT] rating to an Overweight from a an Equal weight in a research note published on January 10, 2025; the price target was increased to $600 from $525. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid August with a ‘”an Underweight”‘ rating. Deutsche Bank began covering IT with “Hold” recommendation on April 16, 2024. UBS revised its rating on April 11, 2024. It rated IT as “a Buy” which previously was an “a Neutral”.

Price Performance Review of IT

On Monday, Gartner, Inc [NYSE:IT] saw its stock jump 0.92% to $547.80. Over the last five days, the stock has gained 2.00%. Gartner, Inc shares have risen nearly 13.07% since the year began. Nevertheless, the stocks have risen 19.75% over the past one year. While a 52-week high of $559.00 was reached on 01/30/25, a 52-week low of $411.15 was recorded on 01/02/25. SMA at 50 days reached $510.30, while 200 days put it at $484.98.

Levels Of Support And Resistance For IT Stock

The 24-hour chart illustrates a support level at 537.19, which if violated will result in even more drops to 526.58. On the upside, there is a resistance level at 554.93. A further resistance level may holdings at 562.06. The Relative Strength Index (RSI) on the 14-day chart is 72.04, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 18.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.56%. Stochastics %K at 91.12% indicates the stock is a selling.

How much short interest is there in Gartner, Inc?

A steep rise in short interest was recorded in Gartner, Inc stocks on 2025-01-15, growing by 0.24 million shares to a total of 1.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.24 million shares. There was a rise of 16.17%, which implies that there is a positive sentiment for the stock.

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