Gartner, Inc.

(New York Stock Exchange)
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Somewhat Bearish -35

GHP Investment Advisors Inc. Sells 6,673 Shares of Gartner, Inc. $IT

AI-generated analysis

πŸ“‰ GHP Investment Advisors lowered its stake in Gartner by 26.1% in Q1, selling 6,673 shares while retaining 18,896 shares worth $2.99 million.

πŸ“ˆ Physician Wealth Advisors increased its position by 143.9% in Q4 to own 100 shares valued at $25,000.

πŸš€ Rakuten Securities boosted its stake by 1,980% in Q4, purchasing an additional 99 shares for a total value of $26,000.

πŸ“‰ UBS Group cut its price target from $170.00 to $164.00 and assigned a 'neutral' rating on June 12th.

πŸ“‰ Morgan Stanley reduced its price objective from $200.00 to $183.00 with an 'equal weight' rating in late May.

πŸ“‰ Royal Bank of Canada lowered its target from $175.00 to $160.00 and set a 'sector perform' rating.

πŸ“Š The stock currently trades at $135.11, significantly below its 50-day moving average of $151.15 and 200-day average of $178.37.

πŸ’° Gartner maintains a market cap of $9.05 billion with a P/E ratio of 13.35 and a PEG ratio of 0.70.

⚠️ Liquidity metrics are tight with a current ratio and quick ratio both at 0.94, indicating limited short-term asset coverage.

πŸ›οΈ Institutional ownership stands at 91.51%, reflecting high interest from professional investors despite recent mixed signals.

Bullish Signals
  • Physician Wealth Advisors Inc. significantly increased its position by 143.9% in Q4, adding 59 shares to a total holding of 100 shares.
  • Rakuten Securities Inc. dramatically boosted its stake by 1,980% in Q4, purchasing an additional 99 shares for a total value of $26,000.
  • Entrust Financial LLC and Bell Investment Advisors Inc. both established or increased new positions in the fourth and first quarters respectively.
  • The company maintains a low price-to-earnings-growth ratio of 0.70, suggesting potential undervaluation relative to growth expectations.
Risk Factors
  • Major analysts including UBS, Morgan Stanley, and Royal Bank of Canada recently cut their price targets for Gartner stock.
  • The stock is trading well below its moving averages, with the current price of $135.11 significantly lower than the 50-day average of $151.15.
  • Liquidity ratios are tight at 0.94 for both current and quick ratios, indicating potential short-term cash flow constraints.
  • Weiss Ratings downgraded Gartner from a 'sell (d+)' to a 'sell (d)' rating in recent research notes.
  • GHP Investment Advisors reduced its stake by 26.1% in Q1, signaling a decrease in confidence from this institutional holder.
Full Analysis
GHP Investment Advisors Inc. reduced its stake in Gartner, Inc. (NYSE:IT) by 26.1% during the first quarter, selling 6,673 shares to hold a remaining position of 18,896 shares valued at $2.99 million according to recent SEC Form 13F filings. Other institutional investors showed mixed activity in the fourth and first quarters, with Physician Wealth Advisors increasing its stake by 143.9% and Rakuten Securities boosting holdings by nearly 2,000%, while several other firms established new positions or increased their stakes significantly. Analyst sentiment remains cautious with a consensus rating of 'Hold' and a target price of $174.10, though recent downgrades from major firms like UBS, Morgan Stanley, and Royal Bank of Canada have lowered price targets to the mid-$160s range. Gartner's financial metrics show a market capitalization of $9.05 billion with a P/E ratio of 13.35, though liquidity ratios are tight at 0.94 for both current and quick ratios, while the stock trades below its 50-day and 200-day moving averages.