VestGen Advisors LLC Sells 4,779 Shares of ServiceNow, Inc. $NOW

VestGen Advisors LLC lessened its stake in shares of ServiceNow, Inc. (NYSE:NOW) by 13.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in ServiceNow in the 2nd quarter valued at $9,536,615,000. State Street Corp lifted its position in shares of ServiceNow by 2.0% during the 2nd quarter. State Street Corp now owns 49,038,218 shares of the information technology services provider’s stock worth $4,868,514,000 after buying an additional 979,726 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in ServiceNow by 16.6% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,638,071 shares of the information technology services provider’s stock valued at $1,651,828,000 after buying an additional 2,362,606 shares in the last quarter. Amundi lifted its stake in shares of ServiceNow by 60.9% in the first quarter. Amundi now owns 11,479,098 shares of the information technology services provider’s stock valued at $1,200,140,000 after buying an additional 4,346,722 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of ServiceNow by 6.5% during the first quarter. Bank of New York Mellon Corp now owns 8,526,931 shares of the information technology services provider’s stock worth $891,491,000 after acquiring an additional 518,263 shares in the last quarter. 87.18% of the stock is owned by institutional investors.

ServiceNow Stock Down 26.8%

Shares of NOW stock opened at $109.83 on Friday. The company has a market capitalization of $113.56 billion, a price-to-earnings ratio of 79.01, a PEG ratio of 2.75 and a beta of 0.99. 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 stock’s 50 day simple moving average is $139.20 and its 200 day simple moving average is $115.64. ServiceNow, Inc. has a twelve month low of $81.24 and a twelve month high of $192.97.

ServiceNow (NYSE:NOW) last released its quarterly earnings results on Wednesday, October 28th. The information technology services provider reported $1.00 EPS for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.02). The firm had revenue of $4.11 billion during 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%. The company’s revenue for the quarter was up 20.5% compared to the same quarter last year. During the same period in the prior year, the business earned $4.82 EPS. As a group, research analysts predict that ServiceNow, Inc. will post 2.23 EPS for the current year.

Insider Buying and Selling at ServiceNow

In other news, Director Paul Chamberlain sold 2,700 shares of ServiceNow stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $135.50, for a total value of $365,850.00. Following the completion of the sale, the director directly owned 43,990 shares of the company’s stock, valued at approximately $5,960,645. This trade represents a 5.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paul Fipps sold 2,034 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $147.87, for a total transaction of $300,767.58. Following the completion of the sale, the insider directly owned 18,305 shares in the company, valued at approximately $2,706,760.35. This represents a 10.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 14,081 shares of company stock worth $1,937,904. Insiders own 0.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on NOW shares. BTIG Research decreased their price target on ServiceNow from $170.00 to $150.00 and set a “buy” rating on the stock in a research report on Thursday. Sanford C. Bernstein reissued an “outperform” rating and issued a $266.00 price objective on shares of ServiceNow in a research note on Tuesday, October 20th. Robert W. Baird set a $185.00 price target on shares of ServiceNow in a research note on Thursday. Royal Bank Of Canada set a $165.00 price objective on shares of ServiceNow and gave the stock an “outperform” rating in a research report on Thursday. Finally, Benchmark restated a “buy” rating on shares of ServiceNow in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $154.50.

ServiceNow News Roundup

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

ServiceNow 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.