ServiceNow, Inc. (NYSE:NOW) CRO David Schneider sold 16,349 shares of ServiceNow stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $107.25, for a total value of $1,753,430.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

David Schneider also recently made the following trade(s):

  • On Friday, May 19th, David Schneider sold 6,430 shares of ServiceNow stock. The stock was sold at an average price of $99.50, for a total value of $639,785.00.

Shares of ServiceNow, Inc. (NYSE:NOW) traded down 0.55% on Tuesday, hitting $107.31. The company had a trading volume of 920,337 shares. The stock’s 50-day moving average is $108.30 and its 200 day moving average is $97.34. The company’s market capitalization is $18.32 billion. ServiceNow, Inc. has a 52 week low of $71.25 and a 52 week high of $115.85.

ServiceNow (NYSE:NOW) last announced its quarterly earnings results on Wednesday, July 26th. The information technology services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.02. The company had revenue of $471.70 million during the quarter, compared to analysts’ expectations of $462.11 million. ServiceNow had a negative return on equity of 29.05% and a negative net margin of 10.17%. ServiceNow’s quarterly revenue was up 38.2% on a year-over-year basis. During the same period last year, the business earned $0.15 earnings per share. Equities analysts expect that ServiceNow, Inc. will post $1.17 EPS for the current year.

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A number of brokerages have weighed in on NOW. UBS AG reissued a “buy” rating and issued a $110.00 target price (up previously from $101.00) on shares of ServiceNow in a research report on Friday, April 28th. BidaskClub lowered ServiceNow from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 14th. FBN Securities boosted their target price on ServiceNow from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, April 28th. Stifel Nicolaus boosted their target price on ServiceNow from $90.00 to $93.00 and gave the stock a “hold” rating in a research report on Friday, April 28th. Finally, Deutsche Bank AG boosted their target price on ServiceNow from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, April 28th. Eight equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and three have assigned a strong buy rating to the stock. ServiceNow currently has an average rating of “Buy” and an average price target of $115.96.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cornerstone Advisors Inc. boosted its position in shares of ServiceNow by 29.2% in the second quarter. Cornerstone Advisors Inc. now owns 1,085 shares of the information technology services provider’s stock valued at $115,000 after buying an additional 245 shares in the last quarter. Barrett Asset Management LLC bought a new position in shares of ServiceNow during the second quarter valued at $117,000. Global X Management Co. LLC boosted its position in shares of ServiceNow by 30.6% in the first quarter. Global X Management Co. LLC now owns 1,407 shares of the information technology services provider’s stock valued at $123,000 after buying an additional 330 shares in the last quarter. Hartford Financial Management Inc. bought a new position in shares of ServiceNow during the first quarter valued at $125,000. Finally, TLP Group LLC bought a new position in shares of ServiceNow during the first quarter valued at $131,000. Institutional investors own 98.25% of the company’s stock.

ServiceNow Company Profile

ServiceNow, Inc is provider of enterprise cloud computing solutions that define, structure, manage and automate services for global enterprises. The Company offers a set of cloud-based services that automate workflow within and between departments in an enterprise. It provides workflow solutions, and focuses on service management for customer support, human resources, security operations and other enterprise departments.

Insider Buying and Selling by Quarter for ServiceNow (NYSE:NOW)

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