ServiceNow, Inc. $NOW Stock Sold by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC reduced its holdings in shares of ServiceNow, Inc. (NYSE:NOW) by 3.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 106,593 shares of the information technology services provider’s stock after selling 4,297 shares during the quarter. Motley Fool Asset Management LLC’s holdings in ServiceNow were worth $14,285,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in NOW. A. D. Beadell Investment Counsel Inc. boosted its position in ServiceNow by 2.9% during the 2nd quarter. A. D. Beadell Investment Counsel Inc. now owns 2,818 shares of the information technology services provider’s stock worth $279,000 after purchasing an additional 80 shares during the period. DUTCH ASSET Corp raised its position in ServiceNow by 0.5% in the third quarter. DUTCH ASSET Corp now owns 16,331 shares of the information technology services provider’s stock valued at $2,189,000 after purchasing an additional 82 shares during the period. Atwood & Palmer Inc. raised its position in ServiceNow by 20.0% in the second quarter. Atwood & Palmer Inc. now owns 600 shares of the information technology services provider’s stock valued at $60,000 after purchasing an additional 100 shares during the period. Diligent Investors LLC raised its position in ServiceNow by 4.1% in the third quarter. Diligent Investors LLC now owns 2,560 shares of the information technology services provider’s stock valued at $343,000 after purchasing an additional 100 shares during the period. Finally, Signature Wealth Management Partners LLC raised its position in ServiceNow by 3.3% in the third quarter. Signature Wealth Management Partners LLC now owns 3,281 shares of the information technology services provider’s stock valued at $440,000 after purchasing an additional 106 shares during the period. Institutional investors and hedge funds own 87.18% of the company’s stock.

ServiceNow Price Performance

Shares of NYSE NOW opened at $149.55 on Thursday. ServiceNow, Inc. has a fifty-two week low of $81.24 and a fifty-two week high of $192.97. The business has a 50 day moving average price of $139.55 and a two-hundred day moving average price of $115.79. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.43. The firm has a market cap of $154.63 billion, a PE ratio of 93.47, a price-to-earnings-growth ratio of 2.92 and a beta of 0.99.

ServiceNow (NYSE:NOW) last announced its earnings results on Wednesday, October 28th. The information technology services provider reported $1.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.02). ServiceNow had a net margin of 11.34% and a return on equity of 16.45%. The business had revenue of $4.11 billion during the quarter, compared to analyst estimates of $4.09 billion. During the same period in the previous year, the company earned $4.82 earnings per share. The business’s revenue for the quarter was up 20.5% on a year-over-year basis. Sell-side analysts expect that ServiceNow, Inc. will post 2.23 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NOW has been the topic of a number of recent research reports. TD Cowen upped their target price on ServiceNow from $140.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, October 15th. Sanford C. Bernstein reiterated an “outperform” rating and set a $266.00 target price on shares of ServiceNow in a report on Tuesday, October 20th. Weiss Ratings upgraded ServiceNow from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. CLSA started coverage on ServiceNow in a research report on Monday, July 20th. They set an “underperform” rating and a $72.00 price target on the stock. Finally, BTIG Research restated a “buy” rating and issued a $170.00 price target on shares of ServiceNow in a report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, two have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, ServiceNow has a consensus rating of “Moderate Buy” and an average price target of $155.74.

Insider Transactions at ServiceNow

In related news, insider Paul Fipps sold 2,034 shares of ServiceNow stock in a transaction on Monday, August 31st. The shares were 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 in the company, valued at approximately $2,706,760.35. The trade was a 10.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jacqueline Canney sold 7,847 shares of the company’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $138.00, for a total transaction of $1,082,886.00. Following the completion of the sale, the insider directly owned 30,042 shares in the company, valued at $4,145,796. This represents a 20.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 14,081 shares of company stock valued at $1,937,904. 0.34% of the stock is currently owned by corporate insiders.

Trending Headlines about ServiceNow

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 and above the $4.09 billion analyst estimate. Subscription revenue reached $3.988 billion, representing 21% growth. ServiceNow Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management highlighted continued momentum in enterprise AI, including an expanded partnership with OpenAI to connect AI reasoning with governed business workflows and cybersecurity applications. ServiceNow and OpenAI partnership
• Positive Sentiment: HPE selected ServiceNow for a five-year agreement to support its Cloud & AI business, while ServiceNow also launched a Control Tower Alliance with major technology and security partners. These developments could support longer-term AI adoption and recurring revenue. HPE selects ServiceNow
• Neutral Sentiment: ServiceNow’s AI growth outlook remains a key long-term strength, but investors are scrutinizing whether accelerating AI bookings and multi-million-dollar deals can justify the company’s elevated valuation and sustain its recent share-price gains. ServiceNow AI outlook
• Negative Sentiment: Adjusted earnings were $1.00 per share, below the $1.02 consensus estimate and only modestly above $0.96 a year earlier. Acquisition-related costs ended a six-quarter streak of earnings beats, raising concerns about near-term profitability. ServiceNow Q3 earnings miss
• Negative Sentiment: The company’s fourth-quarter revenue outlook came in below Wall Street expectations. That guidance disappointed investors despite the revenue beat and helped drive the sharp decline in ServiceNow shares following the report. ServiceNow weak Q4 outlook

ServiceNow Company 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.