ServiceNow Inc. (NYSE:NOW) CRO David Schneider sold 4,500 shares of the firm’s stock in a transaction dated Wednesday, October 5th. The shares were sold at an average price of $79.01, for a total transaction of $355,545.00. Following the completion of the sale, the executive now owns 29,694 shares of the company’s stock, valued at approximately $2,346,122.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

David Schneider also recently made the following trade(s):

  • On Thursday, August 18th, David Schneider sold 11,047 shares of ServiceNow stock. The shares were sold at an average price of $72.98, for a total transaction of $806,210.06.
  • On Monday, August 8th, David Schneider sold 3,627 shares of ServiceNow stock. The shares were sold at an average price of $75.00, for a total transaction of $272,025.00.
  • On Monday, July 11th, David Schneider sold 5,000 shares of ServiceNow stock. The shares were sold at an average price of $69.26, for a total transaction of $346,300.00.

Shares of ServiceNow Inc. (NYSE:NOW) opened at 78.52 on Friday. The stock’s market cap is $12.92 billion. ServiceNow Inc. has a 1-year low of $46.00 and a 1-year high of $91.28. The company’s 50-day moving average is $75.91 and its 200 day moving average is $71.36.

ServiceNow (NYSE:NOW) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.05. ServiceNow had a negative net margin of 38.64% and a negative return on equity of 36.56%. The business had revenue of $341.30 million for the quarter, compared to analyst estimates of $334.07 million. During the same quarter in the previous year, the business earned $0.05 earnings per share. The firm’s revenue was up 38.3% compared to the same quarter last year. Equities research analysts anticipate that ServiceNow Inc. will post $0.66 EPS for the current year.

Insider Buying and Selling by Quarter for ServiceNow (NYSE:NOW)

A number of equities research analysts recently commented on NOW shares. Piper Jaffray Cos. restated an “overweight” rating and issued a $90.00 price objective on shares of ServiceNow in a research report on Friday, July 15th. Vetr upgraded shares of ServiceNow from a “buy” rating to a “strong-buy” rating and set a $90.24 price objective for the company in a research report on Monday, July 18th. Zacks Investment Research downgraded shares of ServiceNow from a “buy” rating to a “hold” rating in a research report on Tuesday, August 9th. BMO Capital Markets initiated coverage on shares of ServiceNow in a report on Monday, September 19th. They issued a “market perform” rating and a $85.00 target price for the company. Finally, Argus reaffirmed a “buy” rating and issued a $86.00 target price on shares of ServiceNow in a report on Wednesday, August 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $84.47.

Several large investors have recently added to or reduced their stakes in NOW. Norges Bank purchased a new stake in ServiceNow during the fourth quarter worth about $33,008,000. Aperio Group LLC raised its position in ServiceNow by 16.3% in the first quarter. Aperio Group LLC now owns 23,072 shares of the company’s stock valued at $1,412,000 after buying an additional 3,237 shares in the last quarter. Ngam Advisors L.P. raised its position in ServiceNow by 10.2% in the first quarter. Ngam Advisors L.P. now owns 14,129 shares of the company’s stock valued at $864,000 after buying an additional 1,306 shares in the last quarter. BlackRock Inc. raised its position in ServiceNow by 8.5% in the first quarter. BlackRock Inc. now owns 122,189 shares of the company’s stock valued at $7,475,000 after buying an additional 9,526 shares in the last quarter. Finally, BlackRock Group LTD raised its position in ServiceNow by 0.5% in the first quarter. BlackRock Group LTD now owns 922,881 shares of the company’s stock valued at $56,461,000 after buying an additional 4,842 shares in the last quarter. Institutional investors and hedge funds own 95.72% of the company’s stock.

ServiceNow Company Profile

ServiceNow, Inc is a provider of cloud-based solutions that define, structure, manage and automate services across the global enterprise. The Company provides cloud-based service management and business management solutions that address the needs of various departments within an enterprise, including information technology (IT), human resources (HR), facilities, field service, marketing, customer service, security, legal and finance.

5 Day Chart for NYSE:NOW

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