PNC Financial Services Group Inc. Sells 7,378 Shares of Gartner, Inc. $IT

NodeGuardian · 2026-02-26T06:38:24+00:00

PNC Financial Services reduced its Gartner stake by 22.6%, owning 25,270 shares now valued at $6.6 million. Despite surpassing Q4 earnings estimates, Gartner's revenue and 2026 outlook disappointed, causing stock declines and investor litigation concerns.

NodeGuardian

2026-02-26 06:38:24

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PNC Financial Services Group Inc. has reduced its stake in Gartner, Inc. by 22.6% during the third quarter, selling 7,378 shares and now owning 25,270 shares valued at $6,643,000. Other institutional investors have also adjusted their positions, while Gartner’s stock opened at $156.97 with a market cap of $11.31 billion. The company recently reported Q4 earnings of $3.94 per share, surpassing estimates, but its revenue and 2026 outlook missed expectations, leading to a stock decline and investor litigation concerns.

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