Valentin Sribar, Executive Vice President, Research & Advisory at Gartner Inc (IT, Financial), sold 860 shares of the company on November 11, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 10,823 shares of Gartner Inc.
Gartner Inc is a leading research and advisory company that provides insights, advice, and tools for leaders in IT, finance, HR, legal and compliance, marketing, sales, and supply chain functions across the world.
Over the past year, the insider has sold a total of 2,717 shares and has not purchased any shares. This recent sale is part of a broader trend observed at Gartner Inc, where there have been 58 insider sells and no insider buys over the past year.
On the date of the sale, shares of Gartner Inc were trading at $553, valuing the company with a market cap of approximately $42.56 billion. The price-earnings ratio of the company stands at 40.69, which is above the industry median of 26.85.
According to the GF Value, the intrinsic value of Gartner Inc's stock is estimated at $420.36, suggesting that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.32.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels concerning the company's current valuation and future business prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
