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 $600,048 were purchased by Dawkins Alwyn on Mar 13 ’25. At $456.66 per share, Dawkins Alwyn acquired 1,314 shares.
Also, Rinello John J sold 90 shares, netting a total of over 44,387 in proceeds. Following the sale of shares at $493.19 each, the insider now holds 3,389 shares.
Before that, Genovese Yvonne had sold 1,740 shares from its account. In a trade valued at $881,258, the EVP, Research & Advisory traded Gartner, Inc shares for $506.47 each. Upon closing the transaction, the insider’s holdings decreased to 1,740 shares, worth approximately $2.05 million.
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 -7.36%. Over the course of the year, Gartner, Inc shares have dropped approximately -13.56%. Shares of the company reached a 52-week high of $584.01 on 02/04/25 and a 52-week low of $412.68 on 03/20/25. A 50-day SMA is recorded $502.72, while a 200-day SMA reached $493.59.
Support And Resistance Levels for Gartner, Inc (IT)
According to the 24-hour chart, there is a support level at 405.72, which, if violated, would cause prices to drop to 392.67. In the upper region, resistance lies at 438.78. The next price resistance is at 458.78. RSI (Relative Strength Index) is 21.87 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -26.59, which suggests the price will decrease in the coming days. Percent R is at 93.00%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
