Large Outflow of Money Witnessed in Gartner

Gartner (IT) : The total money flow in Gartner (IT) was negative ($8.37 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $13.4 million. In comparison, the inflow of money into the stock on upticks was $5.02 million. The uptick to downtick ratio was 0.37. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $8.29 million. The negative money flow of ($8.29 million) confirms the selling in Gartner (IT) on strength. Gartner (IT) gained $0.64 at $91.43, a gain of 0.7% over the previous days close. However, the stock registered 0.49% in the week.


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 -22.73% . Institutional Investors own 91.13% of Gartner shares. During last six month period, the net percent change held by insiders has seen a change of -7.97%.

In a related news, The director, of Gartner Inc, Dykstra Karen E had unloaded 3,086 shares at $90.98 per share in a transaction on August 18, 2016. The total value of transaction was $280,764. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Gartner (NYSE:IT): The stock opened at $91.51 and touched an intraday high of $92.08 on Friday. During the day, the stock corrected to an intraday low of $91.14, however, the bulls stepped in and pushed the price higher to close in the green at $91.43 with a gain of 0.70% for the day. The total traded volume for the day was 321,934. The stock had closed at $90.79 in the previous trading session.

Gartner (IT) : During the past 4 weeks, traders have been relatively bearish on Gartner (IT), hence the stock is down -3.58% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.01% relative to the S&P 500. The stock has risen by 0.49% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.71% in the past 4 weeks.

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.

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