ServiceTitan (NASDAQ:TTAN) CFO David Sherry Sells 853 Shares

ServiceTitan Inc. (NASDAQ:TTAN) CFO David Sherry sold 853 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $96.39, for a total value of $82,220.67. Following the completion of the transaction, the chief financial officer owned 346,785 shares in the company, valued at $33,426,606.15. The trade was a 0.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

David Sherry also recently made the following trade(s):

• On Monday, October 20th, David Sherry sold 833 shares of ServiceTitan stock. The stock was sold at an average price of $93.04, for a total value of $77,502.32.
• On Wednesday, September 17th, David Sherry sold 11,746 shares of ServiceTitan stock. The stock was sold at an average price of $116.04, for a total transaction of $1,363,005.84.

ServiceTitan Trading Down 1.8%

NASDAQ:TTAN opened at $94.79 on Thursday. The company has a current ratio of 4.49, a quick ratio of 4.49 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $8.81 billion and a PE ratio of -17.55. The firm’s 50 day moving average is $104.85 and its 200 day moving average is $109.66. ServiceTitan Inc. has a 12 month low of $79.81 and a 12 month high of $131.33.

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

Analysts Set New Price Targets

A number of equities research analysts recently commented on TTAN shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $140.00 price target on shares of ServiceTitan in a report on Friday, September 5th. Canaccord Genuity Group boosted their target price on shares of ServiceTitan from $130.00 to $140.00 and gave the company a “buy” rating in a report on Friday, September 19th. Stifel Nicolaus boosted their target price on shares of ServiceTitan from $135.00 to $145.00 and gave the company a “buy” rating in a report on Friday, September 19th. Loop Capital raised shares of ServiceTitan from a “hold” rating to a “buy” rating and boosted their target price for the company from $100.00 to $140.00 in a report on Monday, August 18th. Finally, KeyCorp set a $140.00 target price on shares of ServiceTitan and gave the company an “overweight” rating in a report on Wednesday, July 16th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, ServiceTitan has a consensus rating of “Moderate Buy” and an average price target of $132.67.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of ServiceTitan by 1,005.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 431 shares of the company’s stock valued at $46,000 after purchasing an additional 392 shares in the last quarter. LRI Investments LLC purchased a new position in shares of ServiceTitan during the 1st quarter valued at $58,000. PNC Financial Services Group Inc. purchased a new position in shares of ServiceTitan during the 2nd quarter valued at $79,000. EverSource Wealth Advisors LLC purchased a new position in shares of ServiceTitan during the 2nd quarter valued at $94,000. Finally, Lazard Asset Management LLC purchased a new position in shares of ServiceTitan during the 2nd quarter valued at $99,000.

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.