ServiceNow (NYSE:NOW) Stock Acquired Sen. Markwayne Mullin

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of ServiceNow, Inc. (NYSE:NOW). In a filing disclosed on October 01st, the Senator disclosed that they had bought between $1,001 and $15,000 in ServiceNow stock on September 24th.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 9/24/2025.
• Sold $15,001 – $50,000 in shares of Accenture (NYSE:ACN) on 9/24/2025.
• Purchased $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 9/24/2025.
• Sold $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 9/24/2025.
• Sold $15,001 – $50,000 in shares of iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) on 9/24/2025.
• Sold $15,001 – $50,000 in shares of Texas Instruments (NASDAQ:TXN) on 9/24/2025.
• Purchased $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 9/24/2025.
• Sold $15,001 – $50,000 in shares of Wabtec (NYSE:WAB) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 9/23/2025.
• Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 8/1/2025.

ServiceNow Stock Performance

Shares of NYSE NOW opened at $912.13 on Thursday. The firm has a fifty day moving average price of $917.56 and a 200-day moving average price of $928.31. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market cap of $189.72 billion, a PE ratio of 114.88, a price-to-earnings-growth ratio of 4.15 and a beta of 0.92. ServiceNow, Inc. has a 1 year low of $678.66 and a 1 year high of $1,198.09.

ServiceNow (NYSE:NOW) last announced its quarterly earnings data on Wednesday, July 23rd. The information technology services provider reported $4.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.57 by $0.52. The firm had revenue of $3.22 billion during the quarter, compared to analysts’ expectations of $3.12 billion. ServiceNow had a net margin of 13.78% and a return on equity of 18.04%. The company’s revenue for the quarter was up 22.4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.13 earnings per share. Equities analysts anticipate that ServiceNow, Inc. will post 8.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NOW. Piper Sandler increased their price objective on shares of ServiceNow from $1,120.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. FBN Securities raised shares of ServiceNow to a “strong-buy” rating in a research note on Wednesday, June 11th. Cantor Fitzgerald reissued an “overweight” rating and issued a $1,200.00 price objective on shares of ServiceNow in a research note on Thursday, July 24th. DA Davidson raised their target price on shares of ServiceNow from $1,150.00 to $1,250.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Finally, Citigroup raised their target price on shares of ServiceNow from $1,160.00 to $1,234.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,122.20.

Insider Buying and Selling at ServiceNow

In other ServiceNow news, CEO William R. Mcdermott sold 5,825 shares of the stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $916.63, for a total transaction of $5,339,369.75. Following the completion of the transaction, the chief executive officer owned 6,614 shares in the company, valued at $6,062,590.82. This trade represents a 46.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Gina Mastantuono sold 1,762 shares of the stock in a transaction on Monday, August 18th. The shares were sold at an average price of $866.45, for a total transaction of $1,526,684.90. Following the transaction, the chief financial officer owned 12,228 shares of the company’s stock, valued at $10,594,950.60. This trade represents a 12.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,737 shares of company stock valued at $16,798,825 over the last ninety days. Corporate insiders own 0.38% of the company’s stock.

Hedge Funds Weigh In On ServiceNow

Several institutional investors have recently bought and sold shares of the business. Jacobs & Co. CA lifted its position in ServiceNow by 10.7% during the third quarter. Jacobs & Co. CA now owns 10,436 shares of the information technology services provider’s stock valued at $9,604,000 after purchasing an additional 1,011 shares during the last quarter. Hobart Private Capital LLC lifted its position in ServiceNow by 29.1% during the third quarter. Hobart Private Capital LLC now owns 1,455 shares of the information technology services provider’s stock valued at $1,339,000 after purchasing an additional 328 shares during the last quarter. Rydar Equities Inc. bought a new position in ServiceNow during the second quarter valued at $302,000. Corient Private Wealth LLC lifted its position in ServiceNow by 1.7% during the second quarter. Corient Private Wealth LLC now owns 331,577 shares of the information technology services provider’s stock valued at $340,887,000 after purchasing an additional 5,560 shares during the last quarter. Finally, Caldwell Trust Co bought a new position in ServiceNow during the second quarter valued at $506,000. Institutional investors own 87.18% of the company’s stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

About ServiceNow

ServiceNow, Inc provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.