Andra AP fonden Purchases 208,289 Shares of ServiceNow, Inc. $NOW

Andra AP fonden raised its position in shares of ServiceNow, Inc. (NYSE:NOW) by 1,292.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 224,400 shares of the information technology services provider’s stock after acquiring an additional 208,289 shares during the quarter. Andra AP fonden’s holdings in ServiceNow were worth $34,376,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Colonial Trust Co SC boosted its position in ServiceNow by 529.4% during the fourth quarter. Colonial Trust Co SC now owns 13,514 shares of the information technology services provider’s stock valued at $2,070,000 after acquiring an additional 11,367 shares during the last quarter. DJE Kapital AG boosted its position in ServiceNow by 83.5% during the fourth quarter. DJE Kapital AG now owns 73,925 shares of the information technology services provider’s stock valued at $11,273,000 after acquiring an additional 33,645 shares during the last quarter. Compass Capital Corp MA ADV boosted its position in ServiceNow by 433.5% during the fourth quarter. Compass Capital Corp MA ADV now owns 6,701 shares of the information technology services provider’s stock valued at $1,027,000 after acquiring an additional 5,445 shares during the last quarter. WealthPLAN Partners LLC boosted its position in ServiceNow by 420.8% during the fourth quarter. WealthPLAN Partners LLC now owns 4,281 shares of the information technology services provider’s stock valued at $656,000 after acquiring an additional 3,459 shares during the last quarter. Finally, Swiss National Bank boosted its position in shares of ServiceNow by 377.3% during the 4th quarter. Swiss National Bank now owns 2,849,900 shares of the information technology services provider’s stock worth $436,576,000 after purchasing an additional 2,252,800 shares in the last quarter. Institutional investors own 87.18% of the company’s stock.

ServiceNow News Roundup

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: ServiceNow announced a new partnership with IBM aimed at modernizing legacy IT systems and making enterprise data usable for agentic AI, which supports the company’s long-term AI growth narrative. IBM And ServiceNow Target Enterprise AI Scale While Seeding Future Talent
• Positive Sentiment: ServiceNow also expanded its AI footprint through a partnership with Phenom to launch AI hiring agents, reinforcing demand for its workflow automation and AI tools. Phenom Partners with ServiceNow to Introduce AI Hiring Agents
• Positive Sentiment: Analysts said ServiceNow demand remains resilient despite global uncertainty, citing AI growth, pricing power, and a potential path to much higher revenue over time. ServiceNow Demand Remains Resilient Despite Global Uncertainty: Analyst
• Positive Sentiment: ServiceNow was also highlighted as a possible AI winner by market commentators, suggesting investors still see it as one of the better-positioned software names in the AI trade. The AI Trade Nobody Is Making Right Now — and Why It Could Be 2026’s Best Opportunity
• Neutral Sentiment: ServiceNow is getting attention from traders and media as the stock remains volatile, with some technical commentary suggesting the recent pullback may be driven partly by profit-taking rather than a change in fundamentals. What’s Going On With ServiceNow Stock Thursday?
• Negative Sentiment: Multiple reports said ServiceNow disclosed or patched a bug/API vulnerability that may have exposed customer data or allowed unauthorized access, raising cybersecurity and trust concerns. ServiceNow tells customers a bug left some of their data exposed to the internet
• Negative Sentiment: Commentary from Jim Cramer also pointed to ServiceNow’s premium valuation, which can make the stock more vulnerable when sentiment turns cautious. Jim Cramer on ServiceNow: “It’s Expensive, That’s the Problem”
• Negative Sentiment: News about Bay Area job cuts across tech firms added to the cautious tone in the sector, reinforcing worries about a softer enterprise spending backdrop. ServiceNow, Salesforce, other tech firms reveal more Bay Area job cuts

Analyst Ratings Changes

A number of research firms have recently issued reports on NOW. Evercore increased their price objective on shares of ServiceNow from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. UBS Group reiterated an “outperform” rating on shares of ServiceNow in a research note on Tuesday, May 26th. Wolfe Research set a $125.00 price objective on shares of ServiceNow in a research note on Thursday, April 23rd. Argus decreased their price objective on shares of ServiceNow from $180.00 to $134.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Finally, Citic Securities decreased their price objective on shares of ServiceNow from $168.00 to $140.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, ServiceNow presently has a consensus rating of “Moderate Buy” and an average target price of $141.85.

ServiceNow Trading Down 2.9%

Shares of NOW stock opened at $103.03 on Friday. The company has a 50 day moving average of $99.84 and a 200-day moving average of $120.17. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.13. ServiceNow, Inc. has a 12-month low of $81.24 and a 12-month high of $211.48. The firm has a market cap of $106.23 billion, a P/E ratio of 61.40, a PEG ratio of 1.75 and a beta of 0.94.

ServiceNow (NYSE:NOW) last issued its quarterly earnings results on Wednesday, April 22nd. The information technology services provider reported $0.97 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.97. ServiceNow had a net margin of 12.59% and a return on equity of 18.16%. The company had revenue of $3.77 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same quarter last year, the business posted $0.81 EPS. ServiceNow’s quarterly revenue was up 22.1% compared to the same quarter last year. Sell-side analysts anticipate that ServiceNow, Inc. will post 2.35 earnings per share for the current year.

Insider Buying and Selling at ServiceNow

In related news, Director Anita M. Sands sold 16,445 shares of ServiceNow stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $90.14, for a total value of $1,482,352.30. Following the completion of the transaction, the director directly owned 30,090 shares in the company, valued at approximately $2,712,312.60. The trade was a 35.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jacqueline P. Canney sold 8,927 shares of ServiceNow stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $89.60, for a total transaction of $799,859.20. Following the completion of the transaction, the insider owned 29,531 shares of the company’s stock, valued at $2,645,977.60. This represents a 23.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 28,071 shares of company stock valued at $2,529,956 over the last 90 days. 0.34% of the stock is currently owned by corporate insiders.

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.