Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Gartner, Inc. (NYSE:IT). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Gartner stock on April 14th. 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):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
Gartner Trading Down 0.5%
NYSE IT traded down $0.73 during trading on Tuesday, reaching $153.07. 1,334,478 shares of the stock traded hands, compared to its average volume of 1,577,005. The firm has a market cap of $10.78 billion, a price-to-earnings ratio of 15.13, a price-to-earnings-growth ratio of 0.87 and a beta of 0.91. The stock’s 50-day moving average price is $156.31 and its 200 day moving average price is $197.72. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 46.98. Gartner, Inc. has a fifty-two week low of $139.18 and a fifty-two week high of $451.73.
Gartner News Roundup
Here are the key news stories impacting Gartner this week:
- Negative Sentiment: Multiple law firms announced or reiterated securities class action lawsuits against Gartner, extending the deadline for investors to seek lead-plaintiff status. These repeated updates can keep investor focus on potential litigation risk, legal costs, and reputational damage. Article Title
- Negative Sentiment: Rosen, Bernstein Liebhard, Bronstein Gewirtz & Grossman, Portnoy, Gross Law Firm, Faruqi & Faruqi, and Schall all circulated similar class-action notices tied to Gartner’s Feb. 4, 2025 to Feb. 2, 2026 class period, suggesting the stock may continue to face headline overhang from shareholder litigation. Article Title
- Neutral Sentiment: Gartner-related industry coverage highlighted AI spending, cybersecurity, and CMO budget trends, which are broadly supportive of Gartner’s research franchise but do not appear to be immediate stock-moving catalysts. Article Title
- Neutral Sentiment: One report said Gartner lifted its outlook as AI reshapes consulting strategies, which may help sentiment around the company’s long-term demand backdrop, but the article provides limited direct financial detail. Article Title
- Positive Sentiment: Recent Gartner survey findings showing continued enterprise interest in AI spending could support the company’s advisory and research demand over time, even though the near-term stock reaction appears dominated by litigation concerns. Article Title
Institutional Trading of Gartner
A number of institutional investors have recently made changes to their positions in IT. Independent Franchise Partners LLP bought a new stake in shares of Gartner in the third quarter worth $840,166,000. Capital International Investors bought a new stake in shares of Gartner in the third quarter worth $820,113,000. J. Stern & Co. LLP lifted its position in shares of Gartner by 8,182.0% in the fourth quarter. J. Stern & Co. LLP now owns 1,536,890 shares of the information technology services provider’s stock worth $387,727,000 after purchasing an additional 1,518,333 shares in the last quarter. Norges Bank bought a new stake in shares of Gartner in the fourth quarter worth $299,576,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Gartner by 108,812.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,025,952 shares of the information technology services provider’s stock worth $258,827,000 after purchasing an additional 1,025,010 shares in the last quarter. Institutional investors own 91.51% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on IT shares. Robert W. Baird set a $240.00 price target on shares of Gartner in a report on Wednesday, February 4th. UBS Group boosted their price objective on shares of Gartner from $166.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Truist Financial cut their price objective on shares of Gartner from $300.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. The Goldman Sachs Group set a $162.00 price objective on shares of Gartner in a research report on Tuesday, May 5th. Finally, Barclays cut their price objective on shares of Gartner from $180.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Friday, April 10th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $176.70.
Read Our Latest Stock 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
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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