Insider Selling: ServiceTitan (NASDAQ:TTAN) CEO Sells $159,839.68 in Stock

ServiceTitan Inc. (NASDAQ:TTAN) CEO Ara Mahdessian sold 2,288 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $69.86, for a total transaction of $159,839.68. Following the transaction, the chief executive officer owned 1 shares of the company’s stock, valued at $69.86. This trade represents a 99.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Ara Mahdessian also recently made the following trade(s):

• On Wednesday, January 14th, Ara Mahdessian sold 32,000 shares of ServiceTitan stock. The stock was sold at an average price of $98.50, for a total transaction of $3,152,000.00.

ServiceTitan Stock Down 1.1%

Shares of NASDAQ TTAN opened at $67.74 on Friday. The firm’s 50-day moving average is $75.92 and its two-hundred day moving average is $92.23. The company has a market capitalization of $6.34 billion, a PE ratio of -39.38 and a beta of -0.72. ServiceTitan Inc. has a 12-month low of $58.01 and a 12-month high of $131.33. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.14 and a quick ratio of 4.14.

ServiceTitan (NASDAQ:TTAN) last issued its quarterly earnings data on Thursday, March 12th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.09. ServiceTitan had a negative net margin of 16.64% and a negative return on equity of 6.91%. The business had revenue of $253.99 million during the quarter, compared to analysts’ expectations of $245.47 million. During the same period last year, the company posted $0.12 EPS. The company’s revenue was up 21.4% on a year-over-year basis. Equities analysts anticipate that ServiceTitan Inc. will post -1.98 EPS for the current fiscal year.

Trending Headlines about ServiceTitan

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Q4 results beat — ServiceTitan reported EPS of $0.27 vs. $0.18 est. and revenue of $253.99M (≈21% YoY growth), a near‑term fundamental positive that supports the outlook. MarketBeat TTAN
• Positive Sentiment: Analyst bullish note — Seeking Alpha reiterated a “Buy,” arguing margin improvements and a lower valuation after the pullback make TTAN appealing for long‑term investors. Seeking Alpha
• Neutral Sentiment: Valuation / volatility review — Coverage notes the recent share-price pullback lowers forward multiples but also highlights near‑term growth uncertainty; mixed implications for value vs. growth investors. Yahoo Finance Valuation
• Negative Sentiment: Price‑target cuts — Truist and other brokers trimmed targets after Q4 (and some firms have lowered expectations broadly), which can cap near‑term upside and weigh on multiple expansion. Truist / Yahoo
• Negative Sentiment: Significant insider selling — multiple senior executives sold shares on March 18: CFO David Sherry (~17,778 shs), CAO Michele O’Connor (~5,154 shs), CEO Ara Mahdessian (~2,288 shs) and President Vahe Kuzoyan (~3,220 shs). Large officer sales and the near‑zero retained direct holdings reported for some officers are likely amplifying investor concern. CFO Form 4 CAO Form 4 CEO Form 4 President Form 4

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on TTAN shares. TD Cowen boosted their price target on ServiceTitan from $130.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, March 13th. Citigroup decreased their price objective on ServiceTitan from $117.00 to $88.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Morgan Stanley cut their target price on shares of ServiceTitan from $131.00 to $118.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Wells Fargo & Company reduced their target price on shares of ServiceTitan from $125.00 to $115.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Finally, BTIG Research decreased their price target on shares of ServiceTitan from $130.00 to $105.00 and set a “buy” rating on the stock in a research note on Thursday, March 12th. Sixteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $113.56.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TTAN. Woodline Partners LP boosted its holdings in shares of ServiceTitan by 4.6% during the first quarter. Woodline Partners LP now owns 2,141 shares of the company’s stock worth $204,000 after purchasing an additional 95 shares during the last quarter. Bank of New York Mellon Corp lifted its position in ServiceTitan by 1,247.1% during the second quarter. Bank of New York Mellon Corp now owns 84,704 shares of the company’s stock worth $9,079,000 after buying an additional 78,416 shares during the period. PNC Financial Services Group Inc. purchased a new position in ServiceTitan during the second quarter worth about $79,000. Geode Capital Management LLC boosted its stake in ServiceTitan by 0.5% in the 2nd quarter. Geode Capital Management LLC now owns 160,975 shares of the company’s stock worth $17,258,000 after buying an additional 848 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in ServiceTitan in the 2nd quarter worth about $345,000.

About ServiceTitan

ServiceTitan, Inc (NASDAQ: TTAN) is a cloud-based software provider specializing in end-to-end business management solutions for residential and commercial trade contractors. The company’s platform integrates customer relationship management, scheduling and dispatch, mobile workforce management, invoicing, payments and reporting tools into a single suite. By automating key back-office processes, ServiceTitan helps field service businesses improve operational efficiency, enhance customer experience and drive revenue growth.

At the core of ServiceTitan’s offering is a mobile application that allows technicians to access job details, update work orders, capture signatures and process payments from the field.