Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Gartner, Inc. (NYSE:IT). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Gartner stock on March 13th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 3/27/2026.
- Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 3/27/2026.
- Purchased $1,001 - $15,000 in shares of FirstService NASDAQ: FSV on 3/27/2026.
- Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 3/27/2026.
- Sold $1,001 - $15,000 in shares of Advanced Energy Industries NASDAQ: AEIS on 3/27/2026.
- Sold $1,001 - $15,000 in shares of Flex NASDAQ: FLEX on 3/27/2026.
- Purchased $1,001 - $15,000 in shares of LPL Financial NASDAQ: LPLA on 3/27/2026.
- Purchased $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 3/27/2026.
- Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 3/27/2026.
- Purchased $15,001 - $50,000 in shares of Fabrinet NYSE: FN on 3/27/2026.
Gartner Stock Performance
NYSE:IT traded down $3.78 during midday trading on Thursday, hitting $145.62. The company's stock had a trading volume of 288,674 shares, compared to its average volume of 1,582,819. Gartner, Inc. has a fifty-two week low of $139.18 and a fifty-two week high of $451.73. The firm's 50 day moving average is $160.96 and its 200-day moving average is $213.32. The company has a debt-to-equity ratio of 9.30, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $10.26 billion, a P/E ratio of 15.08, a P/E/G ratio of 1.58 and a beta of 1.05.
Gartner (NYSE:IT - Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The information technology services provider reported $3.94 EPS for the quarter, topping analysts' consensus estimates of $3.50 by $0.44. The business had revenue of $1.75 billion for the quarter, compared to analysts' expectations of $1.75 billion. Gartner had a net margin of 11.22% and a return on equity of 102.20%. The business's revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the company earned $5.45 EPS. Gartner has set its FY 2026 guidance at 12.300- EPS. Equities analysts anticipate that Gartner, Inc. will post 12.5 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in IT. Independent Franchise Partners LLP purchased a new position in shares of Gartner during the 3rd quarter valued at approximately $840,166,000. Capital International Investors purchased a new position in shares of Gartner during the 3rd quarter valued at approximately $820,113,000. J. Stern & Co. LLP lifted its position in shares of Gartner by 8,182.0% during the 4th quarter. J. Stern & Co. LLP now owns 1,536,890 shares of the information technology services provider's stock valued at $387,727,000 after buying an additional 1,518,333 shares in the last quarter. Norges Bank purchased a new position in shares of Gartner during the 4th quarter valued at approximately $299,576,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Gartner by 108,812.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,025,952 shares of the information technology services provider's stock valued at $258,827,000 after buying an additional 1,025,010 shares in the last quarter. Hedge funds and other institutional investors own 91.51% of the company's stock.
Analyst Ratings Changes
A number of brokerages have recently commented on IT. Royal Bank Of Canada set a $175.00 price objective on shares of Gartner in a research note on Wednesday, February 4th. Morgan Stanley dropped their price objective on shares of Gartner from $275.00 to $200.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 4th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $220.00 price objective on shares of Gartner in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Gartner in a research note on Thursday, January 22nd. Finally, BMO Capital Markets reaffirmed a "market perform" rating on shares of Gartner in a research note on Thursday, February 5th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Gartner has an average rating of "Hold" and a consensus price target of $188.30.
Get Our Latest Research Report on IT
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Gartner
(
Get Free Report)
Gartner, Inc is a global research and advisory firm that provides insights, advice and tools for leaders in IT, finance, HR, customer service and other business functions. Founded in 1979 and headquartered in Stamford, Connecticut, Gartner specializes in helping organizations make informed decisions about technology, operations and strategy through a combination of published research, advisory services, consulting, executive programs and events.
The company's offerings include proprietary research reports, market forecasts, and analytical frameworks that are widely used by technology buyers and vendors.
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