ServiceNow, Inc. $NOW Stake Increased by Kampmann Melissa S.

Kampmann Melissa S. lifted its holdings in ServiceNow, Inc. (NYSE:NOW) by 63.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,020 shares of the information technology services provider’s stock after buying an additional 7,415 shares during the period. ServiceNow comprises approximately 1.4% of Kampmann Melissa S.’s portfolio, making the stock its 25th biggest position. Kampmann Melissa S.’s holdings in ServiceNow were worth $1,888,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Wealth Watch Advisors INC purchased a new position in ServiceNow during the 3rd quarter valued at about $29,000. Kelleher Financial Advisors purchased a new stake in shares of ServiceNow in the third quarter worth approximately $50,000. Pin Oak Investment Advisors Inc. lifted its position in shares of ServiceNow by 20.7% in the third quarter. Pin Oak Investment Advisors Inc. now owns 134 shares of the information technology services provider’s stock worth $123,000 after purchasing an additional 23 shares in the last quarter. Jupiter Wealth Management LLC acquired a new stake in shares of ServiceNow during the second quarter worth approximately $154,000. Finally, CBIZ Investment Advisory Services LLC boosted its holdings in shares of ServiceNow by 540.0% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 160 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 135 shares during the period. Hedge funds and other institutional investors own 87.18% of the company’s stock.

ServiceNow Stock Performance

Shares of NOW opened at $146.03 on Friday. The company’s fifty day moving average is $116.35 and its 200-day moving average is $107.71. ServiceNow, Inc. has a 12 month low of $81.24 and a 12 month high of $194.73. The firm has a market cap of $151.00 billion, a price-to-earnings ratio of 91.27, a price-to-earnings-growth ratio of 2.49 and a beta of 0.97. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.43.

ServiceNow (NYSE:NOW) last released its quarterly earnings data on Wednesday, July 22nd. The information technology services provider reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.04. The business had revenue of $3.99 billion during the quarter, compared to analyst estimates of $3.93 billion. ServiceNow had a net margin of 11.34% and a return on equity of 16.45%. ServiceNow’s quarterly revenue was up 24.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.81 EPS. Equities analysts expect that ServiceNow, Inc. will post 2.24 EPS for the current fiscal year.

Insider Transactions at ServiceNow

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

Key Stories Impacting ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Enterprise AI software stocks are gaining broadly after Palantir announced an expanded PwC alliance, helping lift sentiment across peers including ServiceNow. The broader software rebound reflects reduced concern that AI will erode seat-based revenue. Palantir, ServiceNow and Salesforce rally
• Positive Sentiment: ServiceNow’s collaboration with Aramco Digital is expected to support AI-powered enterprise transformation and potentially broaden adoption of the Now Platform across more than 50 countries. The agreement reinforces ServiceNow’s position as a distribution platform for enterprise AI applications. ServiceNow and Aramco Digital collaboration
• Positive Sentiment: Third-party integrations are strengthening the AI narrative. Pricefx introduced a deal-optimization application on the ServiceNow AI Platform, adding AI-guided pricing, negotiation and product recommendations to enterprise sales workflows. ServiceNow as an enterprise AI commerce platform
• Neutral Sentiment: ServiceNow has rallied about 28% in a month, prompting debate over whether investors should take profits or add to positions. The rebound improves momentum but also raises valuation and execution concerns; NOW trades at a high earnings multiple, making further gains dependent on strong AI monetization and growth. ServiceNow rally and valuation analysis
• Negative Sentiment: A reported vulnerability in the ServiceNow AI Platform allegedly allows attackers to break out of a sandbox. If confirmed and not rapidly addressed, the issue could create cybersecurity, customer-trust and reputational risks. ServiceNow AI Platform sandbox vulnerability
• Negative Sentiment: Insider selling is creating a modest sentiment headwind. Paul Fipps sold 2,034 shares worth approximately $301,000, reducing his holdings by 10%. Such transactions can be routine, but the recent cluster of insider sales may encourage profit-taking after the sharp advance. Paul Fipps sells ServiceNow shares

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. CLSA assumed coverage on shares of ServiceNow in a research report on Monday, July 20th. They issued an “underperform” rating and a $72.00 target price for the company. Sanford C. Bernstein restated an “outperform” rating and set a $248.00 price target (up from $236.00) on shares of ServiceNow in a report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on shares of ServiceNow from $145.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Truist Financial increased their price objective on ServiceNow from $120.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, Oppenheimer reissued an “outperform” rating and set a $140.00 price objective (up from $130.00) on shares of ServiceNow in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $144.24.

ServiceNow Profile

ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.

The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.