ServiceNow (NYSE:NOW) Insider Paul Fipps Sells 3,696 Shares

ServiceNow, Inc. (NYSE:NOW) insider Paul Fipps sold 3,696 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $101.77, for a total value of $376,141.92. Following the sale, the insider owned 8,061 shares of the company’s stock, valued at $820,367.97. This trade represents a 31.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Paul Fipps also recently made the following trade(s):

• On Wednesday, February 18th, Paul Fipps sold 9,641 shares of ServiceNow stock. The stock was sold at an average price of $105.93, for a total transaction of $1,021,271.13.

ServiceNow Stock Up 4.0%

Shares of NYSE:NOW traded up $4.19 during trading on Thursday, reaching $108.42. The stock had a trading volume of 10,773,104 shares, compared to its average volume of 19,659,779. The firm’s 50-day simple moving average is $128.46 and its 200 day simple moving average is $160.23. 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 one year low of $98.00 and a one year high of $211.48. The company has a market capitalization of $113.41 billion, a P/E ratio of 65.09, a PEG ratio of 1.73 and a beta of 0.97.

ServiceNow (NYSE:NOW) last posted its earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 EPS for the quarter, beating 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 company had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.53 billion. During the same quarter in the prior year, the company posted $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, research analysts expect that ServiceNow, Inc. will post 8.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on NOW. Arete Research set a $200.00 price target on ServiceNow in a research note on Tuesday, January 6th. Piper Sandler reaffirmed an “overweight” rating on shares of ServiceNow in a research report on Thursday, January 29th. Canaccord Genuity Group set a $200.00 target price on shares of ServiceNow in a research report on Thursday, January 29th. The Goldman Sachs Group set a $216.00 price target on shares of ServiceNow in a report on Monday, February 2nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of ServiceNow from $204.00 to $215.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, ServiceNow presently has a consensus rating of “Moderate Buy” and an average target price of $192.06.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Howard Capital Management Inc. lifted its position in shares of ServiceNow by 32.0% in the second quarter. Howard Capital Management Inc. now owns 1,465 shares of the information technology services provider’s stock worth $1,506,000 after purchasing an additional 355 shares in the last quarter. Motley Fool Asset Management LLC lifted its position in ServiceNow by 15.0% in the 2nd quarter. Motley Fool Asset Management LLC now owns 13,095 shares of the information technology services provider’s stock worth $13,463,000 after buying an additional 1,704 shares in the last quarter. Private Wealth Partners LLC purchased a new position in shares of ServiceNow during the 2nd quarter valued at $726,000. Atria Investments Inc increased its stake in shares of ServiceNow by 5.7% in the second quarter. Atria Investments Inc now owns 23,113 shares of the information technology services provider’s stock worth $23,762,000 after acquiring an additional 1,250 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of ServiceNow by 17.3% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 39,256 shares of the information technology services provider’s stock worth $40,358,000 after acquiring an additional 5,800 shares in the last quarter. 87.18% of the stock is currently owned by institutional investors and hedge funds.

Key ServiceNow News

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Moveworks from ServiceNow achieved FedRAMP Moderate authorization, clearing a regulatory hurdle that enables broader federal and public‑sector deployments of its conversational AI assistant — a potential accelerator for government revenue. Moveworks FedRAMP announcement
• Positive Sentiment: ServiceNow says it resolves ~90% of its own IT requests autonomously — a demonstration of product maturity that can be marketed to customers as proof of ROI and reduce cost of sale. This supports the company’s AI/product monetization story. VentureBeat: 90% autonomously resolved
• Positive Sentiment: ServiceNow AVR is integrating with Contrast Security, strengthening its security and DevSecOps capabilities — an enterprise‑grade tie‑in that can deepen platform stickiness. AVR + Contrast Security integration
• Positive Sentiment: Company is expanding its AI/analytics stack (acquisitions and partnerships) and insiders including CEO have shown buying activity, signaling management confidence and reinforcing the long‑term AI positioning. Yahoo Finance: AI push, deals and insider buying
• Neutral Sentiment: EY + ServiceNow are promoting modernisation messaging (system of record → system of experience), which supports enterprise demand but is incremental rather than headline‑moving. DQIndia: EY & ServiceNow collaboration
• Neutral Sentiment: Third‑party startup Sweep announced cross‑system intelligence plans that will include ServiceNow integrations — supports ecosystem momentum but is not a direct company release. Sweep Multi‑Org Agent
• Negative Sentiment: Short interest rose ~28.3% in February to ~27.2M shares (≈2.6% of float), indicating growing bearish positioning that can amplify downward pressure or volatility. MarketBeat: short interest data
• Negative Sentiment: Insider Paul Fipps sold 3,696 shares (~$376k) on Feb 23, cutting his holding ~31% — an individual insider sale that investors may view negatively despite offsetting insider buys elsewhere. InsiderTrades: Paul Fipps sale
• Negative Sentiment: Persistent AI‑risk narrative (fears that AI could erode traditional software growth) continues to weigh on sentiment; media/analyst debate and mentions by commentators such as Jim Cramer highlight the ongoing uncertainty. InsiderMonkey: Jim Cramer commentary

ServiceNow Company Profile

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.