Keybank National Association OH Acquires New Shares in ServiceTitan Inc. $TTAN

Keybank National Association OH acquired a new position in ServiceTitan Inc. (NASDAQ:TTAN) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,333 shares of the company’s stock, valued at approximately $250,000.

A number of other institutional investors have also added to or reduced their stakes in the business. LRI Investments LLC purchased a new stake in shares of ServiceTitan in the 1st quarter worth approximately $58,000. Assetmark Inc. raised its stake in ServiceTitan by 47.2% in the first quarter. Assetmark Inc. now owns 960 shares of the company’s stock worth $91,000 after buying an additional 308 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in ServiceTitan in the second quarter worth approximately $204,000. Woodline Partners LP lifted its holdings in 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 buying an additional 95 shares during the period. Finally, Comerica Bank boosted its position in ServiceTitan by 92,500.0% during the 1st quarter. Comerica Bank now owns 2,778 shares of the company’s stock valued at $264,000 after acquiring an additional 2,775 shares in the last quarter.

Insider Activity at ServiceTitan

In other news, CEO Ara Mahdessian sold 46,542 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $91.40, for a total transaction of $4,253,938.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, President Vahe Kuzoyan sold 16,388 shares of the company’s stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of $99.95, for a total value of $1,637,980.60. The SEC filing for this sale provides additional information. Insiders sold a total of 1,189,801 shares of company stock worth $133,969,975 in the last quarter. 51.72% of the stock is currently owned by company insiders.

ServiceTitan Trading Up 0.3%

Shares of NASDAQ:TTAN opened at $92.04 on Friday. The business’s 50-day moving average is $103.02 and its 200 day moving average is $109.14. ServiceTitan Inc. has a 1 year low of $79.81 and a 1 year high of $131.33. The firm has a market capitalization of $8.56 billion and a P/E ratio of -17.04. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.49 and a quick ratio of 4.49.

ServiceTitan (NASDAQ:TTAN) last issued its quarterly earnings results on Thursday, September 4th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.40). ServiceTitan had a negative return on equity of 16.87% and a negative net margin of 26.08%.The business had revenue of $242.12 million during the quarter, compared to analyst estimates of $229.58 million. ServiceTitan’s revenue was up 25.5% compared to the same quarter last year. ServiceTitan has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, research analysts predict that ServiceTitan Inc. will post -1.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TTAN has been the subject of several recent research reports. Raymond James Financial started coverage on ServiceTitan in a research report on Friday, August 29th. They issued a “market perform” rating for the company. Robert W. Baird lifted their target price on ServiceTitan from $124.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. Citigroup boosted their target price on shares of ServiceTitan from $111.00 to $123.00 and gave the stock a “neutral” rating in a report on Tuesday, September 9th. KeyCorp set a $140.00 price target on shares of ServiceTitan and gave the company an “overweight” rating in a research report on Wednesday, July 16th. Finally, BMO Capital Markets began coverage on shares of ServiceTitan in a report on Thursday, August 28th. They issued an “outperform” rating and a $129.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $132.67.

ServiceTitan Company Profile

ServiceTitan, Inc engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.