ServiceNow, Inc. $NOW Position Raised by WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST

WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST increased its position in shares of ServiceNow, Inc. (NYSE:NOW) by 400.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,250,000 shares of the information technology services provider’s stock after purchasing an additional 1,800,000 shares during the period. ServiceNow accounts for about 3.7% of WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST’s investment portfolio, making the stock its 13th largest holding. WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST’s holdings in ServiceNow were worth $344,678,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. IAG Wealth Partners LLC raised its holdings in ServiceNow by 200.0% during the third quarter. IAG Wealth Partners LLC now owns 27 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 18 shares in the last quarter. Noble Wealth Management PBC raised its holdings in ServiceNow by 400.0% during the fourth quarter. Noble Wealth Management PBC now owns 160 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 128 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in ServiceNow during the fourth quarter worth approximately $26,000. Albion Financial Group UT raised its holdings in ServiceNow by 400.0% during the fourth quarter. Albion Financial Group UT now owns 170 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 136 shares in the last quarter. Finally, Bogart Wealth LLC raised its holdings in ServiceNow by 93.8% during the third quarter. Bogart Wealth LLC now owns 31 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 87.18% of the company’s stock.

Insiders Place Their Bets

In other ServiceNow news, insider Paul Fipps sold 9,641 shares of ServiceNow stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $105.93, for a total transaction of $1,021,271.13. Following the transaction, the insider directly owned 11,757 shares in the company, valued at approximately $1,245,419.01. The trade was a 45.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Paul Edward Chamberlain sold 1,500 shares of ServiceNow stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $101.17, for a total transaction of $151,755.00. Following the transaction, the director owned 46,430 shares in the company, valued at approximately $4,697,323.10. The trade was a 3.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 16,237 shares of company stock worth $1,697,162. Corporate insiders own 0.34% of the company’s stock.

ServiceNow Price Performance

NYSE NOW opened at $97.41 on Thursday. The stock has a market capitalization of $101.89 billion, a P/E ratio of 58.40, a P/E/G ratio of 1.71 and a beta of 1.01. ServiceNow, Inc. has a 1 year low of $96.96 and a 1 year high of $211.48. The business’s fifty day moving average is $108.49 and its two-hundred day moving average is $145.21. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.00 and a current ratio of 1.00.

ServiceNow (NYSE:NOW) last posted its quarterly earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. ServiceNow had a return on equity of 18.54% and a net margin of 13.16%.The company had revenue of $3.57 billion for the quarter, compared to analysts’ expectations of $3.53 billion. During the same quarter in the prior year, the company earned $0.73 earnings per share. The firm’s revenue was up 20.7% on a year-over-year basis. On average, research analysts forecast that ServiceNow, Inc. will post 8.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on NOW. DA Davidson reissued a “buy” rating and set a $220.00 target price on shares of ServiceNow in a report on Thursday, January 29th. Argus raised ServiceNow to a “strong-buy” rating in a report on Wednesday, February 4th. Oppenheimer reaffirmed an “outperform” rating and issued a $175.00 price target (down from $200.00) on shares of ServiceNow in a report on Wednesday, January 21st. Citigroup upped their price target on ServiceNow from $235.00 to $237.00 and gave the company a “buy” rating in a report on Friday, January 30th. Finally, UBS Group set a $115.00 price target on ServiceNow in a report on Thursday, January 29th. Three analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, ServiceNow presently has an average rating of “Moderate Buy” and an average price target of $187.46.

Key Stories Impacting ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: DXC Technology announced a new multi‑year agreement to deploy ServiceNow’s Core Business Suite and agentic AI tools across DXC’s operations and clients — a revenue and reference‑customer win that supports ServiceNow’s AI rollout momentum. DXC-ServiceNow agreement
• Positive Sentiment: Launch of Naitiv — an AI‑native consultancy built by former ServiceNow executives — highlights partner ecosystem expansion and practical, vertical AI use cases (Property & Casualty insurance), which could accelerate deployments. Naitiv launch
• Positive Sentiment: Industry voice Dan Ives argued the Microsoft/Salesforce/ServiceNow sell‑off is overdone, saying CIO checks show AI moving from experimentation to deployment — a bullish signal for demand. Dan Ives commentary
• Neutral Sentiment: Goldman Sachs maintained a Buy rating but trimmed its price target from $216 to $188, signaling confidence in fundamentals but acknowledging valuation/near‑term risk. Goldman Sachs note
• Neutral Sentiment: Some sell‑side modeling tweaks: Erste Group slightly cut FY2027 EPS forecasts (minor change), reflecting cautious near‑term estimates but not a major earnings revision. Erste Group estimate
• Negative Sentiment: BTIG cut its price target to $185 from $200 and published a cautious note scrutinizing ServiceNow’s FY26 revenue‑growth guidance — increased analyst skepticism pressured sentiment. BTIG price target cut
• Negative Sentiment: Coverage notes and downgrades in early trading triggered selling — a roundup piece reported the stock falling after an analyst downgrade, feeding momentum to the pullback. Analyst downgrade coverage
• Negative Sentiment: Technical/market factors: ServiceNow shares hit a 52‑week low amid a broader software correction and headline‑driven volatility, which can amplify downside as quant/ETF flows react. 52‑week low report

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.