Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Gartner, Inc shares valued at $44,387 were sold by Rinello John J on Feb 27 ’25. At $493.19 per share, Rinello John J sold 90 shares. The insider’s holdings dropped to 3,389 shares worth approximately $1.64 million following the completion of this transaction.
Also, Genovese Yvonne sold 1,740 shares, netting a total of over 881,258 in proceeds. Following the sale of shares at $506.47 each, the insider now holds 4,889 shares.
Before that, Dawkins Alwyn had added 2,000 shares to its account. In a trade valued at $992,251, the Officer bought Gartner, Inc shares for $496.13 each.
As published in a research note from Barclays on January 10, 2025, Gartner, Inc [IT] has been rated up from an Equal weight to an Overweight and the price target has been revised to $600 from $525. Analysts at Wells Fargo started covering the stock with ‘”an Underweight”‘ outlook in a report released in mid August. As of April 16, 2024, Deutsche Bank has initiated its “Hold” rating for IT. Earlier on April 11, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for IT stock which previously was a “a Neutral”.
Analyzing IT Stock Performance
During the last five days, there has been a drop of approximately -1.69%. Over the course of the year, Gartner, Inc shares have dropped approximately -0.29%. Shares of the company reached a 52-week high of $584.01 on 02/04/25 and a 52-week low of $478.35 on 03/06/25. A 50-day SMA is recorded $508.90, while a 200-day SMA reached $492.70.
Support And Resistance Levels for Gartner, Inc (IT)
According to the 24-hour chart, there is a support level at 477.58, which, if violated, would cause prices to drop to 472.07. In the upper region, resistance lies at 489.36. The next price resistance is at 495.63. RSI (Relative Strength Index) is 36.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -12.72, which suggests the price will decrease in the coming days. Percent R is at 88.47%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
