4,779 ServiceNow, Inc. $NOW Shares Sold by VestGen Advisors LLC

VestGen Advisors LLC cut its holdings in ServiceNow, Inc. (NYSE:NOW) by 13.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 31,295 shares of the information technology services provider’s stock after selling 4,779 shares during the period. VestGen Advisors LLC’s holdings in ServiceNow were worth $4,194,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. A. D. Beadell Investment Counsel Inc. raised its stake in shares of ServiceNow by 2.9% in the second quarter. A. D. Beadell Investment Counsel Inc. now owns 2,818 shares of the information technology services provider’s stock valued at $279,000 after acquiring an additional 80 shares during the period. DUTCH ASSET Corp increased its stake in shares of ServiceNow by 0.5% in the 3rd quarter. DUTCH ASSET Corp now owns 16,331 shares of the information technology services provider’s stock worth $2,189,000 after acquiring an additional 82 shares during the last quarter. Atwood & Palmer Inc. raised its holdings in shares of ServiceNow by 20.0% during the 2nd quarter. Atwood & Palmer Inc. now owns 600 shares of the information technology services provider’s stock worth $60,000 after acquiring an additional 100 shares during the period. Diligent Investors LLC raised its holdings in shares of ServiceNow by 4.1% during the 3rd quarter. Diligent Investors LLC now owns 2,560 shares of the information technology services provider’s stock worth $343,000 after acquiring an additional 100 shares during the period. Finally, Signature Wealth Management Partners LLC boosted its position in shares of ServiceNow by 3.3% during the 3rd quarter. Signature Wealth Management Partners LLC now owns 3,281 shares of the information technology services provider’s stock valued at $440,000 after acquiring an additional 106 shares during the last quarter. 87.18% of the stock is owned by institutional investors.

ServiceNow Stock Down 26.8%

ServiceNow stock opened at $109.83 on Friday. ServiceNow, Inc. has a 52-week low of $81.24 and a 52-week high of $192.97. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.70 and a current ratio of 0.70. The firm has a 50 day moving average price of $139.20 and a two-hundred day moving average price of $115.64. The firm has a market cap of $113.56 billion, a price-to-earnings ratio of 79.01, a PEG ratio of 2.75 and a beta of 0.99.

ServiceNow (NYSE:NOW) last announced its quarterly earnings data on Wednesday, October 28th. The information technology services provider reported $1.00 earnings per share for the quarter, missing the consensus estimate of $1.02 by ($0.02). The firm had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.09 billion. ServiceNow had a net margin of 9.36% and a return on equity of 15.38%. ServiceNow’s revenue for the quarter was up 20.5% on a year-over-year basis. During the same period last year, the company posted $4.82 earnings per share. Equities analysts predict that ServiceNow, Inc. will post 2.23 EPS for the current year.

Analyst Ratings Changes

NOW has been the topic of a number of recent analyst reports. Truist Financial set a $150.00 target price on shares of ServiceNow and gave the company a “buy” rating in a research report on Thursday. CLSA began coverage on shares of ServiceNow in a research report on Monday, July 20th. They issued an “underperform” rating and a $72.00 price target on the stock. Stifel Nicolaus set a $160.00 price objective on shares of ServiceNow and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Sanford C. Bernstein reissued an “outperform” rating and set a $266.00 price objective on shares of ServiceNow in a report on Tuesday, October 20th. Finally, TD Cowen lowered their price target on ServiceNow from $165.00 to $160.00 and set a “buy” rating for the company in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $154.50.

Trending Headlines about ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: ServiceNow reported third-quarter revenue of $4.11 billion, up 20.5% year over year, driven by subscription revenue of $3.99 billion and continued demand for AI products. Management also raised its 2026 AI contract target to $1.7 billion. NOW Q3 Earnings Lag Estimates, Revenues Rise on Subscription Growth
• Positive Sentiment: The company expanded its partnership with OpenAI to bring AI agents, governed workflows, cybersecurity capabilities and agentic development tools to enterprise customers. It also announced a five-year agreement for HPE’s Cloud & AI support services. ServiceNow and OpenAI accelerate enterprise AI
• Positive Sentiment: Several firms continue to see long-term upside. JPMorgan raised its target to $160, while Piper Sandler, Wells Fargo, Oppenheimer and others retained positive ratings despite reducing some targets. ServiceNow stock is on track for its largest drop on record
• Neutral Sentiment: The expanded AI opportunity may support future growth, but investors are weighing whether ServiceNow can convert large AI contracts into sustained revenue and earnings while maintaining cash-flow flexibility.
• Negative Sentiment: Adjusted EPS was $1.00, below the $1.02 consensus and down from the prior-year comparison cited in company coverage. Acquisition-related costs contributed to the miss. ServiceNow Lags Q3 Earnings Estimates
• Negative Sentiment: The main concern was forward demand: fourth-quarter guidance implies contracted backlog growth of about 18.5%, slower than expected and below the projected 21.5% revenue growth rate. Investors viewed the bookings outlook as an early warning for future sales.
• Negative Sentiment: Renewed fears that AI could pressure traditional software vendors were amplified by competition from startups such as Serval, which raised $150 million at a $3 billion valuation to challenge ServiceNow.
• Negative Sentiment: Analysts also flagged ServiceNow’s roughly $7.52 billion debt load and rising interest costs as risks to financial flexibility, adding to the earnings and valuation concerns. ServiceNow’s Debt and Interest Costs Jump

Insider Transactions at ServiceNow

In related news, insider Jacqueline Canney sold 7,847 shares of the company’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $138.00, for a total transaction of $1,082,886.00. Following the completion of the sale, the insider owned 30,042 shares in the company, valued at approximately $4,145,796. This represents a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul Chamberlain sold 2,700 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $135.50, for a total transaction of $365,850.00. Following the completion of the transaction, the director directly owned 43,990 shares in the company, valued at approximately $5,960,645. The trade was a 5.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 14,081 shares of company stock worth $1,937,904 in the last ninety days. Insiders own 0.34% of the company’s stock.

ServiceNow Company Profile

ServiceNow, Inc provides cloud-based software designed to help organizations digitize, automate and manage enterprise workflows. Its Now Platform connects people, processes and systems across departments, enabling customers to manage work through a centralized technology environment.

The company’s products and services address a range of business needs, including information technology service management, IT operations management, customer service management, human resources service delivery, security operations, risk and compliance, and application development.