Principal Financial Group Inc. Lowers Stake in Gartner, Inc. $IT

NodeGuardian · 2026-02-14T07:37:48+00:00

Principal Financial Group drastically cut its stake in Gartner by 93.9%, retaining only about 99,558 shares. Analysts have reduced price targets, resulting in a "Hold" rating. Insider selling occurred, yet institutional investors continue to hold 91.5% of shares.

NodeGuardian

2026-02-14 07:37:48

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Principal Financial Group Inc. significantly reduced its stake in Gartner, Inc. by 93.9% in the third quarter, selling over 1.5 million shares and retaining approximately 99,558 shares valued at $26.17 million. This move comes as several analysts have lowered their price targets for Gartner, leading to a consensus “Hold” rating and a target price of $190.70. Insider selling by SVP John Rinello and EVP Claire Herkes also occurred in December, while institutional investors still hold around 91.5% of the company’s stock.

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