Insider Selling: ServiceNow (NYSE:NOW) Director Sells $365,850.00 in Stock

ServiceNow, Inc. (NYSE:NOW) Director Paul Edward Chamberlain sold 2,700 shares of ServiceNow stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $135.50, for a total transaction of $365,850.00. Following the completion of the sale, the director owned 43,990 shares in the company, valued at approximately $5,960,645. This represents a 5.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Paul Edward Chamberlain also recently made the following trade(s):

• On Thursday, August 13th, Paul Edward Chamberlain sold 1,500 shares of ServiceNow stock. The stock was sold at an average price of $125.60, for a total value of $188,400.00.

ServiceNow Price Performance

ServiceNow stock traded up $3.72 during mid-day trading on Monday, reaching $148.43. 25,766,479 shares of the company’s stock traded hands, compared to its average volume of 23,484,400. ServiceNow, Inc. has a 12-month low of $81.24 and a 12-month high of $194.73. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.43. The stock has a 50 day moving average of $112.33 and a two-hundred day moving average of $106.61. The company has a market cap of $153.48 billion, a price-to-earnings ratio of 92.77, a PEG ratio of 2.55 and a beta of 0.94.

ServiceNow (NYSE:NOW) last announced its earnings results on Wednesday, July 22nd. The information technology services provider reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.04. ServiceNow had a return on equity of 16.45% and a net margin of 11.34%.The firm had revenue of $3.99 billion during the quarter, compared to analysts’ expectations of $3.93 billion. During the same quarter in the previous year, the business earned $0.81 EPS. The company’s quarterly revenue was up 24.0% on a year-over-year basis. Equities analysts forecast that ServiceNow, Inc. will post 2.24 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on NOW. BTIG Research reiterated a “buy” rating and set a $150.00 price objective on shares of ServiceNow in a research note on Wednesday, July 22nd. Citigroup reiterated a “market outperform” rating on shares of ServiceNow in a report on Thursday, July 23rd. Truist Financial boosted their price target on ServiceNow from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. UBS Group set a $248.00 price objective on ServiceNow in a research note on Thursday, July 23rd. Finally, Cantor Fitzgerald raised their price objective on ServiceNow from $122.00 to $141.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, ServiceNow presently has a consensus rating of “Moderate Buy” and a consensus price target of $144.24.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of NOW. Florida Financial Advisors LLC boosted its holdings in ServiceNow by 5.4% in the 2nd quarter. Florida Financial Advisors LLC now owns 273 shares of the information technology services provider’s stock worth $280,000 after acquiring an additional 14 shares during the period. Clark Capital Management Group Inc. raised its stake in shares of ServiceNow by 3.6% during the third quarter. Clark Capital Management Group Inc. now owns 514 shares of the information technology services provider’s stock valued at $473,000 after purchasing an additional 18 shares during the period. American Trust raised its stake in shares of ServiceNow by 1.8% during the third quarter. American Trust now owns 1,029 shares of the information technology services provider’s stock valued at $947,000 after purchasing an additional 18 shares during the period. Morse Asset Management Inc lifted its position in shares of ServiceNow by 0.5% during the second quarter. Morse Asset Management Inc now owns 3,488 shares of the information technology services provider’s stock worth $3,586,000 after purchasing an additional 19 shares in the last quarter. Finally, CYBER HORNET ETFs LLC boosted its stake in shares of ServiceNow by 3.7% in the third quarter. CYBER HORNET ETFs LLC now owns 567 shares of the information technology services provider’s stock valued at $522,000 after purchasing an additional 20 shares during the period. 87.18% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: ServiceNow’s AI business is attracting significant interest: AI-related contracts reportedly surpassed the $1 billion mark, while recent quarterly revenue exceeded expectations and increased 24% year over year. These trends reinforce the investment case that AI is expanding, rather than cannibalizing, demand for enterprise software. ServiceNow Stock Surges Nearly 5% as AI Revenue Reaches $1 Billion Benchmark
• Positive Sentiment: A technical trading signal appeared around $144.84, followed by a recovery toward the session high. Momentum-oriented traders may view the move as confirmation of renewed buying interest in NOW. ServiceNow Stock Up Nearly 3% After Key Trading Signal
• Neutral Sentiment: Analysts and commentators continue comparing ServiceNow with Salesforce and UiPath in the enterprise AI automation market. ServiceNow is viewed as well positioned in workflow and IT automation, but the longer-term winner will depend on how quickly agentic AI adoption translates into profitable consumption and recurring revenue. ServiceNow Versus Salesforce: Who’s Better Positioned to Capitalize on AI? UiPath Versus ServiceNow
• Negative Sentiment: ServiceNow remains expensive, trading at roughly 89–93 times earnings, leaving the stock vulnerable to profit-taking if AI growth, contract expansion, or margin improvement falls short of ambitious expectations. Commentary also highlights the need to monitor the company’s spending as it invests to maintain its AI lead. ServiceNow: Winning the AI Race, Watching Its Wallet
• Negative Sentiment: Early trading pressure reflected broader market weakness and escalating geopolitical tensions, rather than a new company-specific operating problem. Software stocks, including ServiceNow, lagged as energy prices rose following U.S. strikes against Iran. ServiceNow Stock Slips Monday: What’s Going On?

ServiceNow Company Profile

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.