Conestoga Capital Advisors released its third-quarter 2025 investor letter, noting equity markets reached new highs but their Mid Cap Composite returned -3.2%. They highlighted Gartner, Inc. (NYSE:IT) in the letter, a research and advisory company with a one-month return of 0.07% and a market cap of $19.553 billion.
Despite not being in the top 30 stocks among hedge funds, 45 hedge fund portfolios held Gartner, Inc. (NYSE:IT) at the end of the second quarter. Conestoga Capital Advisors mentioned concerns about Gartner, Inc. (NYSE:IT) due to weak IT research services contract value and competition from AI deep research tools.
Read more at Yahoo Finance: Here’s Why Gartner (IT) Traded Down in Q3
