Atreides Management LP Lowers Stock Holdings in ServiceTitan Inc. $TTAN

Atreides Management LP lowered its stake in ServiceTitan Inc. (NASDAQ:TTAN) by 2.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 626,227 shares of the company’s stock after selling 14,551 shares during the period. ServiceTitan makes up approximately 1.2% of Atreides Management LP’s portfolio, making the stock its 23rd biggest holding. Atreides Management LP owned about 0.67% of ServiceTitan worth $63,142,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Cloud Capital Management LLC acquired a new stake in shares of ServiceTitan during the third quarter worth $25,000. Northwestern Mutual Wealth Management Co. grew its position in ServiceTitan by 1,005.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 431 shares of the company’s stock valued at $46,000 after buying an additional 392 shares during the last quarter. Whittier Trust Co. acquired a new position in ServiceTitan in the 3rd quarter valued at $52,000. Parallel Advisors LLC increased its stake in ServiceTitan by 161.7% in the 3rd quarter. Parallel Advisors LLC now owns 526 shares of the company’s stock valued at $53,000 after buying an additional 325 shares during the period. Finally, PNC Financial Services Group Inc. purchased a new position in ServiceTitan during the 2nd quarter worth $79,000.

ServiceTitan Stock Performance

Shares of TTAN opened at $70.80 on Friday. The company has a quick ratio of 4.14, a current ratio of 4.14 and a debt-to-equity ratio of 0.07. ServiceTitan Inc. has a 52-week low of $58.01 and a 52-week high of $131.33. The company has a 50-day simple moving average of $79.42 and a 200-day simple moving average of $93.52. The company has a market capitalization of $6.63 billion, a PE ratio of -41.16 and a beta of -0.72.

ServiceTitan (NASDAQ:TTAN) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.09. ServiceTitan had a negative net margin of 16.64% and a negative return on equity of 6.91%. The firm had revenue of $253.99 million for the quarter, compared to the consensus estimate of $245.47 million. During the same quarter in the previous year, the firm earned $0.12 earnings per share. The firm’s revenue was up 21.4% on a year-over-year basis. Equities research analysts predict that ServiceTitan Inc. will post -1.98 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on TTAN. Needham & Company LLC reduced their target price on shares of ServiceTitan from $140.00 to $100.00 and set a “buy” rating for the company in a research note on Friday. TD Cowen boosted their price target on shares of ServiceTitan from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday. Piper Sandler reissued an “overweight” rating and set a $120.00 price target on shares of ServiceTitan in a report on Friday. William Blair restated an “outperform” rating on shares of ServiceTitan in a research report on Friday. Finally, Stifel Nicolaus lowered their price objective on ServiceTitan from $145.00 to $125.00 and set a “buy” rating on the stock in a report on Friday. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $115.63.

Insider Activity at ServiceTitan

In other news, CAO Michele O’connor sold 1,678 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $105.30, for a total transaction of $176,693.40. Following the sale, the chief accounting officer owned 89,571 shares of the company’s stock, valued at $9,431,826.30. The trade was a 1.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Vahe Kuzoyan sold 16,388 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $100.62, for a total value of $1,648,960.56. Following the completion of the sale, the president owned 1 shares in the company, valued at approximately $100.62. This represents a 99.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 85,180 shares of company stock valued at $8,620,383 in the last 90 days. Insiders own 51.72% of the company’s stock.

Key ServiceTitan News

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Q4 results showed continued revenue growth and an EPS beat: revenue ~ $254M (+21% YoY) and reported EPS of $0.27, topping consensus. This supports demand for ServiceTitan’s core platform. Earnings Summary
• Positive Sentiment: Management named Abhishek Mathur as Chief Technology & Product Officer to lead AI‑first product strategy — a strategic hire that could accelerate product differentiation and monetization. Appointment Release
• Neutral Sentiment: Company provided Q1 revenue guidance of roughly $255–257M and FY revenue guidance near ~$1.1B (roughly in line with consensus), reducing surprise risk on top‑line but leaving EPS guidance interpretation mixed. Press Release / Slide Deck
• Neutral Sentiment: Full Q4 earnings call transcript and highlight writeups are available for investors looking for management color on growth, margins and 2027 assumptions. Earnings Call Transcript
• Negative Sentiment: Widespread analyst price‑target cuts and lower/stable ratings pressured sentiment today. Examples include Citigroup cut to $88 (neutral), Canaccord to $105 (buy), Truist to $100 (buy), Morgan Stanley to $118 (overweight), Needham to $100, BMO to $92, Wells Fargo to $115 and KeyCorp to $120 — a net shift toward lower near‑term upside expectations. Analyst Actions
• Negative Sentiment: Despite the top‑line beat, GAAP operating and net losses remain; several notes and market writeups characterize the quarter as “mixed” and flag the firm’s continued unprofitability, which increases short‑term volatility risk. Analysis: Mixed Results
• Negative Sentiment: High insider selling activity and reports of heavy option speculation / trading may amplify downside pressure and volume volatility. Quiver Quant: Trading & Insider Notes

ServiceTitan Company Profile

ServiceTitan, Inc (NASDAQ: TTAN) is a cloud-based software provider specializing in end-to-end business management solutions for residential and commercial trade contractors. The company’s platform integrates customer relationship management, scheduling and dispatch, mobile workforce management, invoicing, payments and reporting tools into a single suite. By automating key back-office processes, ServiceTitan helps field service businesses improve operational efficiency, enhance customer experience and drive revenue growth.

At the core of ServiceTitan’s offering is a mobile application that allows technicians to access job details, update work orders, capture signatures and process payments from the field.