ServiceTitan Inc. $TTAN Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC cut its holdings in shares of ServiceTitan Inc. (NASDAQ:TTAN) by 97.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 23,871 shares of the company’s stock after selling 819,243 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in ServiceTitan were worth $2,407,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Cloud Capital Management LLC purchased a new stake in ServiceTitan in the 3rd quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of ServiceTitan by 1,005.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 431 shares of the company’s stock valued at $46,000 after acquiring an additional 392 shares during the last quarter. Whittier Trust Co. purchased a new position in shares of ServiceTitan during the 3rd quarter worth about $52,000. Parallel Advisors LLC lifted its holdings in shares of ServiceTitan by 161.7% during the 3rd quarter. Parallel Advisors LLC now owns 526 shares of the company’s stock worth $53,000 after acquiring an additional 325 shares during the period. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of ServiceTitan in the second quarter worth approximately $79,000.

Key ServiceTitan News

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 research analysts recently issued reports on the stock. Stifel Nicolaus lowered their target price on shares of ServiceTitan from $145.00 to $125.00 and set a “buy” rating for the company in a report on Friday, March 13th. Morgan Stanley cut their price target on shares of ServiceTitan from $131.00 to $118.00 and set an “overweight” rating on the stock in a research note on Friday, March 13th. Canaccord Genuity Group decreased their price target on shares of ServiceTitan from $140.00 to $105.00 and set a “buy” rating on the stock in a report on Friday, March 13th. KeyCorp lowered their price objective on shares of ServiceTitan from $140.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Finally, Wells Fargo & Company cut their target price on ServiceTitan from $125.00 to $115.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Sixteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $113.56.

Insider Buying and Selling at ServiceTitan

In other news, CAO Michele O’connor sold 5,154 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $69.86, for a total value of $360,058.44. Following the transaction, the chief accounting officer owned 84,416 shares of the company’s stock, valued at approximately $5,897,301.76. This trade represents a 5.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, President Vahe Kuzoyan sold 3,220 shares of ServiceTitan stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $69.86, for a total transaction of $224,949.20. Following the transaction, the president owned 1 shares in the company, valued at $69.86. The trade was a 99.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 77,806 shares of company stock worth $6,876,630 over the last three months. 51.72% of the stock is currently owned by insiders.

ServiceTitan Stock Down 1.1%

Shares of NASDAQ:TTAN opened at $67.74 on Friday. The stock has a 50-day simple moving average of $75.92 and a 200-day simple moving average of $92.23. The stock has a market capitalization of $6.34 billion, a P/E ratio of -39.38 and a beta of -0.72. ServiceTitan Inc. has a 1 year low of $58.01 and a 1 year high of $131.33. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.14 and a current ratio of 4.14.

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

ServiceTitan Company Profile

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.