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Vanguard Group Inc. Lowers Stock Position in Gartner, Inc. $IT
Vanguard Group Inc. reduced its stake in Gartner, Inc. by 10.2% in the fourth quarter of the prior year, holding 12.56% of the company’s shares. This reduction comes amid legal challenges for Gartner, with multiple law firms issuing investor alerts and a securities class-action complaint regarding purchases made between February 2025 and February 2026. Despite the stock sale and legal overhang, Gartner has raised its 2026 global IT spending forecast to $6.31 trillion, driven by AI, which could support its research and advisory services.