ServiceTitan Inc. $TTAN Shares Sold by Centiva Capital LP

Centiva Capital LP lowered its holdings in ServiceTitan Inc. (NASDAQ:TTAN) by 87.3% during the third quarter, HoldingsChannel reports. The fund owned 10,364 shares of the company’s stock after selling 71,221 shares during the period. Centiva Capital LP’s holdings in ServiceTitan were worth $1,045,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of ServiceTitan by 538.4% in the 3rd quarter. Vanguard Group Inc. now owns 4,429,930 shares of the company’s stock valued at $446,670,000 after buying an additional 3,735,968 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of ServiceTitan by 118.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,893,959 shares of the company’s stock valued at $291,798,000 after buying an additional 1,569,136 shares during the last quarter. Invesco Ltd. raised its stake in ServiceTitan by 1,388.2% during the 2nd quarter. Invesco Ltd. now owns 1,477,369 shares of the company’s stock worth $158,344,000 after acquiring an additional 1,378,100 shares in the last quarter. Franklin Resources Inc. lifted its position in ServiceTitan by 148.4% in the second quarter. Franklin Resources Inc. now owns 1,893,237 shares of the company’s stock valued at $202,917,000 after acquiring an additional 1,131,062 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in ServiceTitan by 2,401.9% in the third quarter. First Trust Advisors LP now owns 670,883 shares of the company’s stock valued at $67,645,000 after acquiring an additional 644,068 shares during the last quarter.

Insiders Place Their Bets

In other news, CFO David Sherry sold 11,672 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $105.30, for a total value of $1,229,061.60. Following the completion of the sale, the chief financial officer directly owned 331,781 shares of the company’s stock, valued at $34,936,539.30. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Vahe Kuzoyan sold 16,388 shares of ServiceTitan stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $102.82, for a total value of $1,685,014.16. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 85,180 shares of company stock worth $8,620,383. Company insiders own 51.72% of the company’s stock.

ServiceTitan Stock Down 6.4%

Shares of NASDAQ:TTAN opened at $70.80 on Friday. ServiceTitan Inc. has a fifty-two week low of $58.01 and a fifty-two week high of $131.33. The company has a quick ratio of 4.14, a current ratio of 4.14 and a debt-to-equity ratio of 0.07. The firm’s 50-day simple moving average is $79.42 and its 200-day simple moving average is $93.52. The company has a market cap of $6.63 billion, a price-to-earnings ratio of -41.16 and a beta of -0.72.

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

Key ServiceTitan News

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Q4 results showed continued revenue growth and an EPS beat: revenue ~ $254M (+21% YoY) and reported EPS of $0.27, topping consensus. This supports demand for ServiceTitan’s core platform. Earnings Summary
• Positive Sentiment: Management named Abhishek Mathur as Chief Technology & Product Officer to lead AI‑first product strategy — a strategic hire that could accelerate product differentiation and monetization. Appointment Release
• Neutral Sentiment: Company provided Q1 revenue guidance of roughly $255–257M and FY revenue guidance near ~$1.1B (roughly in line with consensus), reducing surprise risk on top‑line but leaving EPS guidance interpretation mixed. Press Release / Slide Deck
• Neutral Sentiment: Full Q4 earnings call transcript and highlight writeups are available for investors looking for management color on growth, margins and 2027 assumptions. Earnings Call Transcript
• Negative Sentiment: Widespread analyst price‑target cuts and lower/stable ratings pressured sentiment today. Examples include Citigroup cut to $88 (neutral), Canaccord to $105 (buy), Truist to $100 (buy), Morgan Stanley to $118 (overweight), Needham to $100, BMO to $92, Wells Fargo to $115 and KeyCorp to $120 — a net shift toward lower near‑term upside expectations. Analyst Actions
• Negative Sentiment: Despite the top‑line beat, GAAP operating and net losses remain; several notes and market writeups characterize the quarter as “mixed” and flag the firm’s continued unprofitability, which increases short‑term volatility risk. Analysis: Mixed Results
• Negative Sentiment: High insider selling activity and reports of heavy option speculation / trading may amplify downside pressure and volume volatility. Quiver Quant: Trading & Insider Notes

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TTAN shares. KeyCorp decreased their price objective on ServiceTitan from $140.00 to $120.00 and set an “overweight” rating for the company in a report on Friday. Citigroup cut their target price on shares of ServiceTitan from $117.00 to $88.00 and set a “neutral” rating on the stock in a report on Friday. Morgan Stanley reduced their price target on shares of ServiceTitan from $131.00 to $118.00 and set an “overweight” rating for the company in a research report on Friday. BMO Capital Markets decreased their price target on shares of ServiceTitan from $108.00 to $92.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Truist Financial lowered their price objective on shares of ServiceTitan from $130.00 to $100.00 and set a “buy” rating on the stock in a research report on Friday. Sixteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.63.

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.