Yvonne Genovese, Executive Vice President of Global Product Management at Gartner Inc (NYSE:IT), sold 443 shares of the company on August 26, 2024. The transaction was filed on the same day, according to the SEC filing. Following this transaction, the insider now owns 1,959 shares of Gartner Inc.

Gartner Inc. is a leading research and advisory company that provides insights, advice and tools to IT, finance, human resources, legal and compliance, marketing, sales and supply chain leaders worldwide.

Over the past year, the insider has sold a total of 1,442 shares and made no purchases. This recent sale is part of a broader trend at Gartner Inc, where there were 51 insider sales and no insider purchases over the past year.

On the day of the sale, Gartner Inc.’s stock price was $483.62, giving the company a market capitalization of approximately $37.11 billion. The company’s price-to-earnings ratio is 45.86, which is above both the industry median of 25.83 and the company’s historical median.

According to GF Value, Gartner Inc.’s intrinsic value is estimated at $412.75 per share, making the stock slightly overvalued at a price-to-value ratio of 1.17.

Valuation metrics such as price-to-sales ratio, price-to-book ratio and price-to-free cash flow ratio are calculated based on historical trading multiples, adjustments for past performance and future business expectations provided by analysts.

This sale may be of interest to investors who monitor insider behavior as an indicator of the company’s future performance and valuation adjustments.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

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