ServiceNow Inc. (NYSE:NOW) COO Daniel Mcgee sold 18,634 shares of the stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $84.32, for a total transaction of $1,571,218.88. Following the completion of the transaction, the chief operating officer now directly owns 29,953 shares in the company, valued at $2,525,636.96. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Daniel Mcgee also recently made the following trade(s):

  • On Wednesday, September 28th, Daniel Mcgee sold 14,191 shares of ServiceNow stock. The shares were sold at an average price of $80.00, for a total transaction of $1,135,280.00.

Shares of ServiceNow Inc. (NYSE:NOW) opened at 82.63 on Monday. The firm has a 50-day moving average of $80.48 and a 200 day moving average of $74.33. ServiceNow Inc. has a 1-year low of $46.00 and a 1-year high of $91.28. The company’s market capitalization is $13.72 billion.

ServiceNow (NYSE:NOW) last announced its quarterly earnings data on Wednesday, October 26th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.02. ServiceNow had a negative net margin of 35.38% and a negative return on equity of 38.73%. The company earned $357.66 million during the quarter, compared to analysts’ expectations of $352.16 million. During the same quarter in the prior year, the company earned $0.16 EPS. The firm’s revenue was up 37.0% on a year-over-year basis. On average, equities research analysts expect that ServiceNow Inc. will post $0.70 earnings per share for the current year.

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

Several large investors have recently made changes to their positions in NOW. CIBC Asset Management Inc boosted its stake in shares of ServiceNow by 0.8% in the second quarter. CIBC Asset Management Inc now owns 5,902 shares of the company’s stock worth $392,000 after buying an additional 45 shares during the period. Calvert Investment Management Inc. boosted its stake in shares of ServiceNow by 1.0% in the second quarter. Calvert Investment Management Inc. now owns 8,163 shares of the company’s stock worth $542,000 after buying an additional 83 shares during the period. Brown Advisory Inc. boosted its stake in shares of ServiceNow by 2.5% in the second quarter. Brown Advisory Inc. now owns 4,420 shares of the company’s stock worth $293,000 after buying an additional 106 shares during the period. Mn Services Vermogensbeheer B.V. boosted its stake in shares of ServiceNow by 2.8% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 4,174 shares of the company’s stock worth $330,000 after buying an additional 112 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of ServiceNow by 0.6% in the third quarter. Fisher Asset Management LLC now owns 19,688 shares of the company’s stock worth $1,558,000 after buying an additional 116 shares during the period. 95.98% of the stock is owned by institutional investors.

Several research analysts have weighed in on the stock. MKM Partners reissued a “neutral” rating on shares of ServiceNow in a report on Friday, November 4th. Cowen and Company set a $100.00 price target on shares of ServiceNow and gave the company a “buy” rating in a report on Thursday, October 27th. DA Davidson set a $102.00 price target on shares of ServiceNow and gave the company a “buy” rating in a report on Thursday, October 27th. BMO Capital Markets raised shares of ServiceNow from a “market perform” rating to an “outperform” rating and increased their price target for the company from $85.00 to $97.00 in a report on Thursday, October 27th. Finally, Wunderlich raised their target price on shares of ServiceNow from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, October 27th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $85.93.

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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