Large Inflow of Money Witnessed in Gartner

The shares of Gartner (NYSE:IT) traded with a loss of -0.87 points or -0.87% in the most recent session. The shares last traded at $98.6. As per the trading info, the shares saw $21.13 million in upticks and lost $11.92 million in downticks, resulting in a net money flow of $9.21 million. The up/down ratio for the day was measured at 1.77. For the week, the shares had posted -0.05%.From the block trade data available, the total upticks were valued at $12.71 million and the total downticks were valued at $1.56 million, thereby putting the up/down ratio at 8.17. The net money flow for the block transaction was $11.15 million.


The stock has recorded a 20-day Moving Average of 2.46% and the 50-Day Moving Average is 3.24%. The company shares have rallied 11.68% in the past 52 Weeks. On May 31, 2016 The shares registered one year high of $103 and one year low was seen on February 8, 2016 at $77.8. The 50-day moving average is $98.7 and the 200 day moving average is recorded at $89.58. S&P 500 has rallied 1.93% during the last 52-weeks.

Gartner (NYSE:IT): The stock opened at $99.87 on Tuesday but the bulls could not build on the opening and the stock topped out at $99.94 for the day. The stock traded down to $98.58 during the day, due to lack of any buying support eventually closed down at $98.60 with a loss of -0.87% for the day. The stock had closed at $99.47 on the previous day. The total traded volume was 643,767 shares.

Currently the company Insiders own 4.4% of Gartner shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.4% . Institutional Investors own 91.6% of Gartner shares. During last six month period, the net percent change held by insiders has seen a change of -7.4%. On the companys insider trading activities,The officer (SVP, Events) of Gartner Inc, Dawkins Alwyn sold 2,000 shares at $100.66 on June 10, 2016. The Insider selling transaction had a total value worth of $201,320. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Gartner, Inc. is an information technology (IT) research and advisory company. The Company has three business segments: Research, Consulting and Events. Research segment provides objective insight on critical and timely technology and supply chain initiatives for CIOs (Chief Information Officers), other IT professionals, supply chain leaders, digital marketing professionals, technology companies and the institutional investment community through reports, briefings, tools, access to its analysts, peer networking services and membership programs. Consulting segment provides customized solutions to client needs through on-site, day-to-day support, as well as tools for measuring and improving IT performance with a focus on cost, performance, efficiency and quality. Events segment provides IT, supply chain and business professionals the opportunity to attend various symposia, conferences and exhibitions to learn, contribute and network with the peers.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.