Rep. Lisa C. McClain Sells Gartner, Inc. (NYSE:IT) Shares

Key Points

• Representative Lisa C. McClain sold between $1,001 and $15,000 in shares of Gartner, Inc. on July 22nd, as disclosed in a filing on August 13th.
• Gartner's stock recently declined by 1.2%, trading at $240.13, with a notable drop from its previous trading highs.
• Following its recent earnings report, institutional investors now own 91.51% of Gartner's stock, with multiple hedge funds acquiring new positions recently.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Gartner, Inc. NYSE: IT. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Gartner stock on July 22nd. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Gartner Stock Down 1.2%

Shares of Gartner stock traded down $2.94 during trading on Friday, reaching $240.13. The company's stock had a trading volume of 470,819 shares, compared to its average volume of 792,731. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.61. The company has a market cap of $18.48 billion, a price-to-earnings ratio of 14.79 and a beta of 1.19. Gartner, Inc. has a 1-year low of $223.65 and a 1-year high of $584.01. The company has a 50-day simple moving average of $360.02 and a two-hundred day simple moving average of $420.85.

Gartner (NYSE:IT - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $3.53 earnings per share for the quarter, topping analysts' consensus estimates of $3.38 by $0.15. The firm had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.68 billion. Gartner had a return on equity of 82.63% and a net margin of 19.71%. The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm earned $3.22 EPS. As a group, equities analysts forecast that Gartner, Inc. will post 12.5 earnings per share for the current year.

Hedge Funds Weigh In On Gartner

Institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC acquired a new position in Gartner in the 4th quarter worth about $309,000. Sagespring Wealth Partners LLC acquired a new position in Gartner in the 4th quarter worth about $282,000. Canada Post Corp Registered Pension Plan acquired a new position in Gartner in the 4th quarter worth about $2,951,000. Aware Super Pty Ltd as trustee of Aware Super acquired a new position in Gartner in the 4th quarter worth about $10,416,000. Finally, Rossby Financial LCC acquired a new position in Gartner in the 4th quarter worth about $479,000. Institutional investors and hedge funds own 91.51% of the company's stock.

Insiders Place Their Bets

In related news, EVP Akhil Jain sold 625 shares of the company's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $450.00, for a total value of $281,250.00. Following the completion of the transaction, the executive vice president owned 6,548 shares of the company's stock, valued at approximately $2,946,600. This represents a 8.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.30% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Morgan Stanley lowered their price objective on Gartner from $455.00 to $322.00 and set an "equal weight" rating for the company in a research report on Wednesday, August 6th. Barclays lowered their price objective on Gartner from $475.00 to $320.00 and set an "overweight" rating for the company in a research report on Wednesday, August 6th. BMO Capital Markets lowered their price target on Gartner from $409.00 to $272.00 and set a "market perform" rating for the company in a research report on Wednesday, August 6th. Wells Fargo & Company lowered their price target on Gartner from $345.00 to $225.00 and set an "underweight" rating for the company in a research report on Wednesday, August 6th. Finally, UBS Group reaffirmed a "neutral" rating and set a $270.00 price target (down previously from $480.00) on shares of Gartner in a research report on Wednesday, August 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Gartner has an average rating of "Hold" and a consensus target price of $369.25.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Gartner Company Profile

Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.

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