Gartner (NYSE:IT) Shares Unloaded Rep. Gilbert Ray Cisneros, Jr.

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 Price Performance

IT stock traded up $5.37 during mid-day trading on Friday, hitting $146.02. 1,786,770 shares of the stock were exchanged, compared to its average volume of 1,590,228. The company has a debt-to-equity ratio of 46.98, a current ratio of 0.94 and a quick ratio of 0.94. The business has a fifty day moving average price of $155.11 and a 200 day moving average price of $195.85. Gartner, Inc. has a 12 month low of $139.18 and a 12 month high of $450.60. The stock has a market capitalization of $9.78 billion, a price-to-earnings ratio of 14.43, a PEG ratio of 0.77 and a beta of 0.91.

Gartner (NYSE:IT) last issued its quarterly earnings results on Tuesday, May 5th. The information technology services provider reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.33. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.51 billion. Gartner had a return on equity of 161.39% and a net margin of 11.44%.The company’s revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.98 earnings per share. Gartner has set its FY 2026 guidance at 13.250- EPS. On average, sell-side analysts anticipate that Gartner, Inc. will post 13.7 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of IT. Independent Franchise Partners LLP purchased a new position in Gartner during the 3rd quarter valued at about $840,166,000. Capital International Investors purchased a new position in Gartner during the 3rd quarter valued at about $820,113,000. J. Stern & Co. LLP increased its holdings in 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 purchasing an additional 1,518,333 shares during the period. Norges Bank purchased a new position in Gartner during the 4th quarter valued at about $299,576,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in 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 purchasing an additional 1,025,010 shares during the period. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Key Stories Impacting Gartner

Here are the key news stories impacting Gartner this week:

• Negative Sentiment: Several firms issued deadline reminders for the Gartner securities-fraud class action, signaling ongoing legal overhang for shareholders and potentially pressuring the stock. Deadline Soon: Gartner, Inc. (IT) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
• Negative Sentiment: More law firms are advertising the same class action and lead-plaintiff deadline, adding to the market’s focus on legal risk rather than fundamentals. GARTNER DEADLINE MONDAY MAY 18th: Bragar Eagel & Squire, P.C. Urges Gartner, Inc. (NYSE:IT) Investors to Contact the Firm Before May 18th Regarding their Rights
• Neutral Sentiment: A recent opinion piece suggested Gartner remains a “hold” in a broader information-services sector hit by AI disruption concerns, but this is more commentary than a direct company catalyst. AI Will Not Replace The Entire Information Services Industry: Buy Thomson Reuters, Hold Gartner

Analysts Set New Price Targets

IT has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft set a $204.00 price objective on Gartner in a report on Wednesday, February 4th. Wells Fargo & Company decreased their price objective on Gartner from $150.00 to $140.00 and set an “underweight” rating on the stock in a report on Friday, March 27th. Weiss Ratings downgraded Gartner from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Truist Financial decreased their price objective on Gartner from $300.00 to $170.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Finally, Morgan Stanley decreased their price objective on Gartner from $200.00 to $183.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $176.70.

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.

Gartner Company Profile

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.