ServiceNow, Inc. $NOW Position Raised by Westwind Capital

Westwind Capital grew its holdings in shares of ServiceNow, Inc. (NYSE:NOW) by 391.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,560 shares of the information technology services provider’s stock after purchasing an additional 96,804 shares during the quarter. ServiceNow comprises approximately 3.8% of Westwind Capital’s portfolio, making the stock its 10th biggest holding. Westwind Capital’s holdings in ServiceNow were worth $18,622,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of NOW. BDF Gestion lifted its stake in shares of ServiceNow by 368.7% during the 4th quarter. BDF Gestion now owns 29,595 shares of the information technology services provider’s stock valued at $4,534,000 after buying an additional 23,281 shares in the last quarter. Central Bank & Trust Co. boosted its holdings in ServiceNow by 316.8% in the 4th quarter. Central Bank & Trust Co. now owns 9,745 shares of the information technology services provider’s stock worth $1,493,000 after buying an additional 7,407 shares during the period. Appleton Partners Inc. MA grew its stake in ServiceNow by 353.9% in the 4th quarter. Appleton Partners Inc. MA now owns 53,889 shares of the information technology services provider’s stock valued at $8,255,000 after buying an additional 42,016 shares in the last quarter. SG Americas Securities LLC grew its stake in ServiceNow by 11,128.7% in the 4th quarter. SG Americas Securities LLC now owns 1,805,467 shares of the information technology services provider’s stock valued at $276,579,000 after buying an additional 1,789,388 shares in the last quarter. Finally, Park Place Capital Corp raised its holdings in ServiceNow by 386.1% during the 4th quarter. Park Place Capital Corp now owns 12,094 shares of the information technology services provider’s stock valued at $1,853,000 after acquiring an additional 9,606 shares during the period. Hedge funds and other institutional investors own 87.18% of the company’s stock.

Key Headlines Impacting ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Management and “smart money” are buying into the weakness — ServiceNow has been repurchasing shares and insiders/large investors see the pullback as an opportunity, which supports the stock. The Smart Money Is Buying the Tech Stocks Retail Investors Are Panic-Selling
• Positive Sentiment: Nvidia CEO Jensen Huang’s vision for ubiquitous AI agents is cited as complementary to ServiceNow’s workflow- and agent-focused platform, reinforcing the company’s long-term TAM narrative. Nvidia’s CEO Just Delivered Fantastic News for Investors in This Beaten?Down AI Stock
• Positive Sentiment: Analyst support: Citizens reaffirmed a Market Outperform rating and a $260 price target, citing ServiceNow’s architecture, customer relationships and an “AI Control Tower” positioning — a bullish institutional signal. Why Citizens Remains Bullish On ServiceNow, Inc. (NOW)
• Positive Sentiment: Platform ecosystem expansion: Novaworks launched an AI-native HCM (Total Workforce Management) built on ServiceNow and raised $8M with participation from ServiceNow Ventures — a sign of platform-driven monetization opportunities. Novaworks AI HR Platform Expands ServiceNow Total Workforce Narrative
• Positive Sentiment: Customer traction: Coforge deployed ServiceNow’s AI-led HR platform to modernize employee experience, demonstrating continued enterprise demand and real-world AI deployments. Coforge deploys ServiceNow’s AI-led HR platform to modernise employee experience
• Neutral Sentiment: Comparisons to peers (MongoDB) highlight differing growth visibility and monetization pace — useful for relative valuation debates but not an immediate catalyst. MongoDB vs. ServiceNow: Which AI Software Stock Has Greater Upside?
• Neutral Sentiment: Company strategy piece: coverage on ServiceNow’s “billion?dollar bet” to address AI anxiety explains management’s heavier investment to reassure customers — potential upside if it restores confidence, but execution and timing are uncertain. ServiceNow’s Billion-Dollar Bet to Counter AI Anxiety
• Negative Sentiment: Broader SaaS/AI sell-off remains a headwind: several commentaries note that NOW has been swept into a sector-wide decline, pressuring the multiple despite improving fundamentals — a key near-term risk for the stock. Why I’m Buying ServiceNow Stock While Everyone Else Is Panicking About AI Disruption

Wall Street Analysts Forecast Growth

NOW has been the subject of several recent research reports. Capital One Financial reduced their price target on ServiceNow from $188.00 to $161.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Jefferies Financial Group decreased their price target on ServiceNow from $230.00 to $175.00 and set a “buy” rating on the stock in a research report on Friday, January 23rd. Sanford C. Bernstein reissued an “outperform” rating on shares of ServiceNow in a report on Thursday, January 29th. Royal Bank Of Canada cut their price objective on shares of ServiceNow from $185.00 to $150.00 and set an “outperform” rating for the company in a research report on Monday, February 9th. Finally, Wall Street Zen cut shares of ServiceNow from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $192.61.

Insider Transactions at ServiceNow

In related news, insider Paul Fipps sold 9,641 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $105.93, for a total value of $1,021,271.13. Following the transaction, the insider owned 11,757 shares of the company’s stock, valued at $1,245,419.01. This represents a 45.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kevin Thomas Mcbride sold 1,400 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $105.71, for a total value of $147,994.00. Following the sale, the insider owned 26,314 shares in the company, valued at $2,781,652.94. The trade was a 5.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 16,237 shares of company stock valued at $1,697,162 in the last quarter. Insiders own 0.34% of the company’s stock.

ServiceNow Stock Performance

Shares of NOW opened at $110.86 on Tuesday. ServiceNow, Inc. has a 12-month low of $98.00 and a 12-month high of $211.48. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.12. The company has a market cap of $115.96 billion, a PE ratio of 66.46, a price-to-earnings-growth ratio of 1.87 and a beta of 0.99. The stock has a 50-day moving average price of $115.29 and a 200-day moving average price of $152.12.

ServiceNow (NYSE:NOW) last posted its quarterly earnings data on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.03. ServiceNow had a net margin of 13.16% and a return on equity of 18.54%. The company had revenue of $3.57 billion for the quarter, compared to analysts’ expectations of $3.53 billion. During the same period in the prior year, the business earned $0.73 earnings per share. ServiceNow’s revenue for the quarter was up 20.7% compared to the same quarter last year. As a group, equities analysts forecast that ServiceNow, Inc. will post 8.93 earnings per share for the current fiscal year.

About ServiceNow

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.