Rep. Josh Gottheimer Sells Off Shares of ServiceNow, Inc. (NYSE:NOW)

Representative Josh Gottheimer (D-New Jersey) recently sold shares of ServiceNow, Inc. (NYSE:NOW). In a filing disclosed on January 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in ServiceNow stock on December 17th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Cheniere Energy (NYSE:LNG) on 12/12/2025.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Utz Brands (NYSE:UTZ) on 12/8/2025.
• Sold $15,001 – $50,000 in shares of Air Products and Chemicals (NYSE:APD) on 12/8/2025.
• Sold $1,001 – $15,000 in shares of SEA (NYSE:SE) on 12/5/2025.
• Sold $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 12/5/2025.
• Sold $1,001 – $15,000 in shares of Sysmex (OTCMKTS:SSMXY) on 12/5/2025.
• Sold $1,001 – $15,000 in shares of Dassault Systemes (OTCMKTS:DASTY) on 11/21/2025.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 11/19/2025.
• Sold $1,001 – $15,000 in shares of Edwards Lifesciences (NYSE:EW) on 11/19/2025.

ServiceNow Stock Down 2.6%

Shares of NOW opened at $131.07 on Friday. The firm has a market cap of $136.10 billion, a P/E ratio of 79.24, a price-to-earnings-growth ratio of 2.31 and a beta of 0.98. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.06 and a current ratio of 1.06. ServiceNow, Inc. has a 52 week low of $129.93 and a 52 week high of $239.62. The firm’s 50-day simple moving average is $158.75 and its 200 day simple moving average is $176.57.

Wall Street Analyst Weigh In

NOW has been the topic of several research reports. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $224.00 target price on shares of ServiceNow in a research report on Thursday, October 30th. Mizuho set a $210.00 price objective on ServiceNow in a report on Tuesday, December 16th. Sanford C. Bernstein reiterated an “outperform” rating and set a $218.60 price objective on shares of ServiceNow in a research report on Thursday, October 30th. BMO Capital Markets reduced their target price on shares of ServiceNow from $232.00 to $230.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Finally, UBS Group reaffirmed a “buy” rating on shares of ServiceNow in a research report on Wednesday, December 24th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $215.97.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in NOW. Brighton Jones LLC lifted its position in shares of ServiceNow by 1.1% during the 4th quarter. Brighton Jones LLC now owns 2,753 shares of the information technology services provider’s stock worth $2,919,000 after buying an additional 30 shares during the last quarter. Modern Wealth Management LLC lifted its holdings in shares of ServiceNow by 16.9% in the first quarter. Modern Wealth Management LLC now owns 402 shares of the information technology services provider’s stock worth $320,000 after acquiring an additional 58 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of ServiceNow by 6.9% in the second quarter. Parallel Advisors LLC now owns 5,704 shares of the information technology services provider’s stock worth $5,864,000 after acquiring an additional 370 shares during the last quarter. Canandaigua National Bank & Trust Co. grew its holdings in shares of ServiceNow by 26.3% during the 2nd quarter. Canandaigua National Bank & Trust Co. now owns 1,239 shares of the information technology services provider’s stock valued at $1,274,000 after purchasing an additional 258 shares during the last quarter. Finally, Everpar Advisors LLC bought a new stake in shares of ServiceNow during the 2nd quarter valued at approximately $331,000. 87.18% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Gina Mastantuono sold 2,085 shares of the business’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $161.60, for a total value of $336,936.00. Following the sale, the chief financial officer owned 63,215 shares of the company’s stock, valued at $10,215,544. The trade was a 3.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Kevin Thomas Mcbride sold 1,400 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $168.50, for a total value of $235,894.40. Following the transaction, the insider owned 25,270 shares of the company’s stock, valued at $4,257,893.92. This trade represents a 5.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 15,310 shares of company stock worth $2,533,585 over the last 90 days. Insiders own 0.34% of the company’s stock.

Key Stories Impacting ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Several bullish takes emphasize ServiceNow’s long-term AI/workflow upside and resilient fundamentals (98% retention, long streak of earnings beats), supporting a recovery narrative. This Under-the-Radar AI Stock Is Poised for 50% Upside
• Positive Sentiment: Public market commentators and an investment-panel video have listed ServiceNow among top enterprise names to watch into the year — a signal that institutional interest and coverage remain high. Final Trades: ServiceNow, Apollo Global and Intercontinental Exchange
• Neutral Sentiment: Comparative industry coverage highlights that AI workflow automation exposure and execution vary across enterprise software names; ServiceNow is a major player but not the only beneficiary, so competitive dynamics matter. Who is Winning AI Workflow Automation? We Compared 4 Enterprise Stocks.
• Neutral Sentiment: Market commentators included NOW in post-holiday stock lists to watch/avoid — useful for flow and sentiment but less directly news-driven. 25 Stocks to Target (and Avoid) After MLK Day
• Negative Sentiment: Stifel cut its price target from $230 to $200 (still a Buy), signaling reduced near-term upside expectations and contributing to downward pressure. What Does Wall Street Think About ServiceNow (NOW)?
• Negative Sentiment: Multiple security reports identified a critical AI-agent/user-impersonation vulnerability affecting ServiceNow apps (“BodySnatcher”); ServiceNow released patches, but the exposure and follow-on media coverage have weighed on sentiment and risk perception. AppOmni Surfaces BodySnatcher AI Agent Security Flaw Affecting ServiceNow Apps ServiceNow patches critical security flaw allowing user impersonation ‘Most Severe AI Vulnerability to Date’ Hits ServiceNow
• Negative Sentiment: Reports noted NOW trading near a 52-week low, which can trigger momentum selling and put technical pressure on the stock. Servicenow stock hits 52-week low at 135.7 USD

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About ServiceNow

ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.

The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.