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STAMFORD, CT—Scott Hensel, Executive Vice President of Global Services & Delivery at Gartner Inc. (NYSE:IT), has recently executed a significant stock transaction, selling shares valued at approximately $2.42 million. The sale, conducted on May 21, 2025, involved 5,396 shares of Gartner’s common stock at a weighted average price of $448.78 per share.
In related transactions on May 20, Hensel acquired 15,340 shares through the exercise of Stock Appreciation Rights (SARs) at a price of $154.31 per share. These newly acquired shares were part of a strategic move, with some shares withheld to cover the aggregate exercise price and applicable taxes. Following these transactions, Hensel’s direct ownership in Gartner stands at 22,605 shares.
In other recent news, Gartner reported its first-quarter earnings for 2025, revealing adjusted earnings per share of $2.98, surpassing the forecasted $2.75, while revenue met expectations at $1.53 billion. Despite these positive earnings, Gartner’s operational challenges were highlighted, including a significant renewal cycle with the US Federal Government, where approximately 40% of contracts were up for renewal, and only half were renewed. This situation, alongside slower decision-making among other clients, has led to a decline in new business in both its Global Technology Sales and Global Business Sales segments. BMO Capital Markets responded by adjusting Gartner’s price target from $459 to $465, maintaining a Market Perform rating, noting that the market had anticipated these challenges. The firm also emphasized Gartner’s strategic focus on AI innovations and expanding its sales force. Analysts at BMO Capital have mostly increased their estimates for Gartner’s financial performance, reflecting the updated price target. Despite the headwinds, Gartner’s constant currency guidance for 2025 was only modestly reduced, with favorable foreign exchange benefits mitigating some negative impacts.
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