Weatherly Asset Management L. P. Acquires 30,090 Shares of ServiceNow, Inc. $NOW

Weatherly Asset Management L. P. lifted its stake in ServiceNow, Inc. (NYSE:NOW) by 401.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,581 shares of the information technology services provider’s stock after acquiring an additional 30,090 shares during the quarter. Weatherly Asset Management L. P.’s holdings in ServiceNow were worth $5,757,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of NOW. Kilter Group LLC acquired a new stake in shares of ServiceNow in the 2nd quarter valued at approximately $25,000. IAG Wealth Partners LLC increased its holdings in ServiceNow by 200.0% during the third quarter. IAG Wealth Partners LLC now owns 27 shares of the information technology services provider’s stock worth $25,000 after buying an additional 18 shares during the last quarter. Noble Wealth Management PBC raised its position in ServiceNow by 400.0% during the fourth quarter. Noble Wealth Management PBC now owns 160 shares of the information technology services provider’s stock worth $25,000 after acquiring an additional 128 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in ServiceNow during the fourth quarter worth $26,000. Finally, Bogart Wealth LLC lifted its stake in ServiceNow by 93.8% in the third quarter. Bogart Wealth LLC now owns 31 shares of the information technology services provider’s stock valued at $29,000 after acquiring an additional 15 shares during the last quarter. 87.18% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NOW has been the topic of several recent analyst reports. Stifel Nicolaus set a $180.00 price objective on shares of ServiceNow and gave the stock a “buy” rating in a research note on Thursday, January 29th. Capital One Financial lowered their price target on ServiceNow from $188.00 to $161.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. BTIG Research reaffirmed a “buy” rating and issued a $200.00 price objective on shares of ServiceNow in a research report on Thursday, January 29th. BNP Paribas Exane upgraded ServiceNow from a “neutral” rating to an “outperform” rating and set a $140.00 target price for the company in a research note on Monday, March 16th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 target price on ServiceNow in a report on Thursday, January 29th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, ServiceNow currently has a consensus rating of “Moderate Buy” and a consensus target price of $189.77.

ServiceNow Price Performance

Shares of NYSE NOW opened at $104.02 on Thursday. The firm has a market cap of $108.80 billion, a P/E ratio of 62.36, a price-to-earnings-growth ratio of 1.75 and a beta of 1.00. The business’s 50 day moving average is $111.59 and its 200-day moving average is $148.31. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.12. ServiceNow, Inc. has a 1-year low of $98.00 and a 1-year high of $211.48.

ServiceNow (NYSE:NOW) last released its quarterly earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. ServiceNow had a net margin of 13.16% and a return on equity of 18.54%. The business had revenue of $3.57 billion for the quarter, compared to analyst estimates of $3.53 billion. During the same period last year, the firm earned $0.73 earnings per share. ServiceNow’s revenue for the quarter was up 20.7% compared to the same quarter last year. Equities research analysts predict that ServiceNow, Inc. will post 8.93 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Paul Edward Chamberlain sold 1,500 shares of ServiceNow stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $101.17, for a total transaction of $151,755.00. Following the sale, the director directly owned 46,430 shares of the company’s stock, valued at approximately $4,697,323.10. The trade was a 3.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kevin Thomas Mcbride sold 1,400 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $105.71, for a total transaction of $147,994.00. Following the sale, the insider directly owned 26,314 shares in the company, valued at approximately $2,781,652.94. The trade was a 5.05% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 16,237 shares of company stock worth $1,697,162. Corporate insiders own 0.34% of the company’s stock.

ServiceNow News Summary

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Expanded NVIDIA partnership — ServiceNow announced at GTC 2026 an expanded collaboration (AI Control Tower + NVIDIA Enterprise AI Factory) to operationalize the “Autonomous Workforce,” strengthening its enterprise AI positioning and partner-driven go-to-market. ServiceNow (NOW) Expands Partnership With NVIDIA
• Positive Sentiment: Armis acquisition adds security capabilities — Analysts note the Armis buy bolsters ServiceNow’s platform for security and device visibility, potentially increasing cross-sell into IT/security workflows. ServiceNow’s Deal May Be Bigger Than It Looks
• Positive Sentiment: Liquidity move — ServiceNow arranged a $3 billion unsecured revolving credit facility and commercial paper programs to boost liquidity, which reduces short-term financing risk and supports execution during the transition to AI-focused monetization. ServiceNow Boosts Liquidity With New Credit and CP Programs
• Positive Sentiment: Fresh buy-side conviction — Benchmark initiated coverage with a Buy and $125 PT, and Morgan Stanley reiterated Buy with a $210 PT, signaling some analysts view current levels as a buying opportunity. Benchmark Initiates at Buy
• Positive Sentiment: Bull case on agentic AI — Recent analyst and SA coverage argue ServiceNow’s workflow data moat and Now Assist/agentic AI offerings create durable enterprise demand and upside as AI monetization ramps. ServiceNow: A Strong Bet On Agentic AI
• Neutral Sentiment: Price-target adjustments — Wells Fargo trimmed its PT to $185 but kept an Overweight rating, reflecting confidence in fundamentals despite near-term headwinds. Wells Fargo Price Target Cut
• Neutral Sentiment: Partner ecosystem momentum — New partnerships (BigPanda, Zenity, Vonage, Cohesity) expand ServiceNow’s control-layer role across IT, security and communications but are execution-dependent. BigPanda Partnership
• Neutral Sentiment: Upcoming Q1 results — ServiceNow scheduled Q1 2026 results for April 22; the print and guidance will likely drive near-term stock moves as investors re-assess subscription/AI-credit traction. Q1 Announcement
• Negative Sentiment: Competitive/structural concerns — Criticism that ServiceNow must sell AI capabilities that could lower its own SaaS lock-in (and that AI-native rivals could erode switching costs) is weighing on sentiment. Fool Analysis
• Negative Sentiment: Heavy YTD selloff and valuation compression — Multiple pieces highlight a ~30–50% YTD decline and that the stock is in its worst quarter on record, reflecting investor fear over AI disruption and slower growth. MarketWatch: Worst Quarter

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.