Rep. Gilbert Ray Cisneros, Jr. Buys ServiceNow, Inc. (NYSE:NOW) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of ServiceNow, Inc. (NYSE:NOW). In a filing disclosed on November 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in ServiceNow stock on October 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
• Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
• Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.

ServiceNow Stock Performance

Shares of NOW traded down $15.79 during mid-day trading on Thursday, hitting $800.67. The stock had a trading volume of 1,615,278 shares, compared to its average volume of 1,641,420. ServiceNow, Inc. has a fifty-two week low of $678.66 and a fifty-two week high of $1,198.09. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.14. The company has a market cap of $166.54 billion, a PE ratio of 96.82, a PEG ratio of 4.11 and a beta of 0.94. The company’s fifty day simple moving average is $905.58 and its two-hundred day simple moving average is $945.42.

Shares of ServiceNow are going to split on Friday, December 5th. The 5-1 split was announced on Wednesday, October 29th. The newly created shares will be distributed to shareholders after the closing bell on Thursday, December 4th.

ServiceNow (NYSE:NOW) last posted its quarterly earnings results on Wednesday, October 29th. The information technology services provider reported $4.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.21 by $0.61. ServiceNow had a net margin of 13.66% and a return on equity of 19.23%. The company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same period last year, the firm posted $3.72 EPS. The company’s revenue for the quarter was up 21.8% on a year-over-year basis. On average, equities analysts expect that ServiceNow, Inc. will post 8.93 earnings per share for the current year.

Institutional Investors Weigh In On ServiceNow

Several institutional investors have recently bought and sold shares of NOW. Wealth Preservation Advisors LLC purchased a new stake in shares of ServiceNow during the 1st quarter valued at $382,000. Corient IA LLC purchased a new position in shares of ServiceNow in the 1st quarter worth about $796,000. Goldman Sachs Group Inc. boosted its holdings in shares of ServiceNow by 131.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,480,526 shares of the information technology services provider’s stock worth $1,178,706,000 after buying an additional 840,731 shares during the last quarter. ASR Vermogensbeheer N.V. bought a new position in ServiceNow during the first quarter valued at about $19,278,000. Finally, Cascade Investment Group Inc. increased its holdings in ServiceNow by 12.8% during the first quarter. Cascade Investment Group Inc. now owns 451 shares of the information technology services provider’s stock worth $359,000 after buying an additional 51 shares during the last quarter. Institutional investors and hedge funds own 87.18% of the company’s stock.

Analysts Set New Price Targets

NOW has been the topic of a number of recent research reports. Mizuho set a $1,150.00 target price on shares of ServiceNow in a report on Thursday, October 30th. Canaccord Genuity Group reissued a “buy” rating and issued a $1,120.00 price target on shares of ServiceNow in a report on Thursday, October 30th. Oppenheimer restated an “outperform” rating and set a $1,150.00 price objective (up from $1,100.00) on shares of ServiceNow in a research note on Thursday, July 24th. Stifel Nicolaus set a $1,150.00 target price on ServiceNow in a research note on Thursday, October 30th. Finally, Wall Street Zen lowered shares of ServiceNow from a “buy” rating to a “hold” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,159.66.

Insiders Place Their Bets

In other ServiceNow news, insider Jacqueline P. Canney sold 94 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $827.08, for a total value of $77,745.52. Following the sale, the insider directly owned 3,027 shares in the company, valued at $2,503,571.16. The trade was a 3.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Vice Chairman Nicholas Tzitzon sold 522 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $827.08, for a total value of $431,735.76. Following the transaction, the insider owned 3,000 shares of the company’s stock, valued at $2,481,240. The trade was a 14.82% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 8,587 shares of company stock valued at $7,730,037. Company insiders own 0.34% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.