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ServiceNow (NYSE:NOW) CRO David Schneider sold 31,500 shares of the company’s stock on the open market in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $56.21, for a total transaction of $1,770,615.00. Following the completion of the transaction, the executive now directly owns 33,742 shares in the company, valued at approximately $1,896,638. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of ServiceNow (NYSE:NOW) traded up 0.93% on Monday, hitting $57.55. 1,067,819 shares of the company’s stock traded hands. ServiceNow has a 52-week low of $41.33 and a 52-week high of $71.80. The stock has a 50-day moving average of $57.66 and a 200-day moving average of $58.37. The company’s market cap is $8.255 billion.

ServiceNow (NYSE:NOW) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported ($0.08) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.08). The company had revenue of $139.09 million for the quarter, compared to the consensus estimate of $134.64 million. During the same quarter last year, the company posted ($0.01) earnings per share. ServiceNow’s revenue was up 61.8% compared to the same quarter last year. On average, analysts predict that ServiceNow will post $-0.06 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on NOW shares. Analysts at Robert W. Baird initiated coverage on shares of ServiceNow in a research note on Monday, June 2nd. They set a “neutral” rating on the stock. Separately, analysts at Stephens initiated coverage on shares of ServiceNow in a research note on Friday, May 23rd. They set an “overweight” rating on the stock. Finally, analysts at Barclays cut their price target on shares of ServiceNow from $71.00 to $63.00 in a research note on Friday, May 23rd. They now have an “overweight” rating on the stock. Six analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $63.06.

ServiceNow, Inc is a provider of cloud-based services to automate enterprise information technology (NYSE:NOW) operations.

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