Focus Financial Network Inc. Has $8.22 Million Stock Holdings in ServiceNow, Inc. $NOW

Focus Financial Network Inc. increased its position in shares of ServiceNow, Inc. (NYSE:NOW) by 286.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,650 shares of the information technology services provider’s stock after acquiring an additional 39,756 shares during the period. Focus Financial Network Inc.’s holdings in ServiceNow were worth $8,219,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Brady Martz Wealth Solutions LLC lifted its stake in shares of ServiceNow by 1.3% in the 3rd quarter. Brady Martz Wealth Solutions LLC now owns 842 shares of the information technology services provider’s stock valued at $775,000 after purchasing an additional 11 shares during the period. Magnus Financial Group LLC grew its stake in shares of ServiceNow by 1.9% during the third quarter. Magnus Financial Group LLC now owns 589 shares of the information technology services provider’s stock worth $542,000 after purchasing an additional 11 shares during the period. Avidian Wealth Enterprises LLC increased its holdings in ServiceNow by 2.5% in the third quarter. Avidian Wealth Enterprises LLC now owns 453 shares of the information technology services provider’s stock valued at $417,000 after purchasing an additional 11 shares during the last quarter. Regatta Capital Group LLC lifted its stake in ServiceNow by 1.9% in the third quarter. Regatta Capital Group LLC now owns 633 shares of the information technology services provider’s stock valued at $583,000 after buying an additional 12 shares during the period. Finally, Traveka Wealth LLC boosted its holdings in ServiceNow by 3.8% during the third quarter. Traveka Wealth LLC now owns 330 shares of the information technology services provider’s stock worth $304,000 after buying an additional 12 shares during the last quarter. Institutional investors and hedge funds own 87.18% of the company’s stock.

ServiceNow Stock Down 5.9%

ServiceNow stock opened at $104.40 on Wednesday. The company has a 50 day moving average of $114.62 and a 200-day moving average of $151.57. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.12. ServiceNow, Inc. has a twelve month low of $98.00 and a twelve month high of $211.48. The stock has a market capitalization of $109.20 billion, a PE ratio of 62.59, a price-to-earnings-growth ratio of 1.88 and a beta of 0.99.

ServiceNow (NYSE:NOW) last issued its quarterly earnings data 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. The business had revenue of $3.57 billion for the quarter, compared to analyst estimates of $3.53 billion. ServiceNow had a net margin of 13.16% and a return on equity of 18.54%. The firm’s quarterly revenue was up 20.7% on a year-over-year basis. During the same period last year, the business posted $0.73 earnings per share. On average, equities research analysts anticipate that ServiceNow, Inc. will post 8.93 EPS for the current fiscal year.

Insider Buying and Selling at ServiceNow

In other ServiceNow news, Director Paul Edward Chamberlain sold 1,500 shares of ServiceNow stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $101.17, for a total value of $151,755.00. Following the sale, the director owned 46,430 shares of the company’s stock, valued at $4,697,323.10. This trade represents a 3.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Paul Fipps sold 3,696 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $101.77, for a total value of $376,141.92. Following the completion of the sale, the insider owned 8,061 shares in the company, valued at approximately $820,367.97. This trade represents a 31.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 16,237 shares of company stock valued at $1,697,162 in the last 90 days. 0.34% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on NOW. HSBC lowered their price target on ServiceNow from $266.40 to $226.00 and set a “buy” rating for the company in a research note on Friday, January 30th. BNP Paribas Exane upgraded shares of ServiceNow from a “neutral” rating to an “outperform” rating and set a $140.00 price objective for the company in a report on Monday, March 16th. DA Davidson reaffirmed a “buy” rating and issued a $220.00 target price on shares of ServiceNow in a research note on Thursday, January 29th. Macquarie Infrastructure reduced their price target on shares of ServiceNow from $172.00 to $140.00 and set a “neutral” rating on the stock in a research report on Thursday, January 29th. Finally, BTIG Research reissued a “buy” rating and issued a $200.00 price target on shares of ServiceNow in a report on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, ServiceNow presently has an average rating of “Moderate Buy” and a consensus target price of $192.61.

ServiceNow News Summary

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: New & expanded partnerships and customer deployments reinforce platform adoption — Vonage expanded its native integration with ServiceNow Voice for CSM/ITSM and Zenity announced a partnership around AI‑agent security; Coforge and Novaworks are deploying/launching agentic HR solutions on the ServiceNow platform. Vonage partnership Zenity partnership Novaworks/Coforge
• Positive Sentiment: Capital return and analyst support provide a cushion — management authorized an additional ~$5B repurchase program and several firms remain bullish (e.g., Citizens reaffirmed an outperform view and high price targets), which can support valuation over time. Buyback & analysis Citizens bullish
• Neutral Sentiment: Analyst and institutional activity is high and mixed — a wide range of price targets and both buys/sells by large institutions increase day‑to‑day volatility but reflect divergent long‑term views. Analyst & institutional activity
• Negative Sentiment: Sector‑wide AI agent anxiety and a fresh product launch from Anthropic pressured software names — investors are asking whether AI agents reduce workflow software moats, prompting simultaneous selloffs in ServiceNow and peers like Salesforce. Anthropic/sector impact NOW & CRM selloff
• Negative Sentiment: Post‑earnings skepticism and valuation repricing — after recent results and guidance, investors continue to debate growth durability versus AI competition, leading to multiple price‑target revisions and near‑term multiple compression. Zacks explanation

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.