Disclosed on May 22, James C Smith, Board Member at Gartner (NYSE:IT), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday outlined that Smith executed a sale of 10,000 shares of Gartner with a total value of $4,551,983.
In the Thursday's morning session, Gartner's shares are currently trading at $449.39, experiencing a down of 0.56%.
About Gartner
Based in Stamford, Conn., Gartner provides independent research and analysis on information technology and other related technology industries. Its research is delivered to clients' desktops in the form of reports, briefings, and updates. Typical clients are chief information officers and other business executives who help plan companies' IT budgets. Gartner also provides consulting services. The Company operates through three business segments, namely Research, Conferences and Consulting. The company generates majority of the revenue from Research segment.
Breaking Down Gartner's Financial Performance
Positive Revenue Trend: Examining Gartner's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 4.55% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. In comparison ...