ServiceTitan (NASDAQ:TTAN) CFO Sells $77,502.32 in Stock

ServiceTitan Inc. (NASDAQ:TTAN) CFO David Sherry sold 833 shares of the business’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $93.04, for a total transaction of $77,502.32. Following the transaction, the chief financial officer owned 347,638 shares in the company, valued at $32,344,239.52. This trade represents a 0.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Tuesday, October 21st, David Sherry sold 853 shares of ServiceTitan stock. The stock was sold at an average price of $96.39, for a total transaction of $82,220.67.
• 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 Up 0.0%

NASDAQ TTAN opened at $98.46 on Friday. The company’s 50-day moving average price is $104.68 and its 200-day moving average price is $109.80. 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 cap of $9.15 billion and a PE ratio of -18.23. 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 business’s revenue was up 25.5% compared to the same quarter last year. ServiceTitan has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities research analysts forecast that ServiceTitan Inc. will post -1.98 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TTAN shares. KeyCorp set a $140.00 price target on shares of ServiceTitan and gave the stock an “overweight” rating in a report on Wednesday, July 16th. Wells Fargo & Company upped their price target on shares of ServiceTitan from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Friday, September 19th. Needham & Company LLC restated a “buy” rating and issued a $140.00 price target on shares of ServiceTitan in a report on Friday, September 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of ServiceTitan in a report on Friday. Finally, Canaccord Genuity Group increased their target price on shares of ServiceTitan from $130.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, September 19th. One equities 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TTAN. Harbour Capital Advisors LLC bought a new position in ServiceTitan during the 1st quarter worth about $252,000. Taylor Frigon Capital Management LLC purchased a new stake in shares of ServiceTitan during the first quarter valued at about $2,487,000. WCM Investment Management LLC purchased a new stake in shares of ServiceTitan during the first quarter valued at about $8,025,000. Principal Financial Group Inc. lifted its position in shares of ServiceTitan by 38.3% during the first quarter. Principal Financial Group Inc. now owns 341,097 shares of the company’s stock valued at $32,442,000 after buying an additional 94,518 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of ServiceTitan during the first quarter valued at about $598,000.

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.