Ara Mahdessian Sells 2,288 Shares of ServiceTitan (NASDAQ:TTAN) Stock

ServiceTitan Inc. (NASDAQ:TTAN) CEO Ara Mahdessian sold 2,288 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $69.86, for a total value of $159,839.68. Following the transaction, the chief executive officer directly owned 1 shares of the company’s stock, valued at approximately $69.86. The trade was a 99.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Ara Mahdessian also recently made the following trade(s):

• On Wednesday, January 14th, Ara Mahdessian sold 32,000 shares of ServiceTitan stock. The shares were sold at an average price of $98.50, for a total transaction of $3,152,000.00.

ServiceTitan Stock Performance

NASDAQ TTAN opened at $67.74 on Friday. The company has a market cap of $6.34 billion, a PE ratio of -39.38 and a beta of -0.72. The stock’s 50 day simple moving average is $75.92 and its 200-day simple moving average is $92.30. ServiceTitan Inc. has a 1-year low of $58.01 and a 1-year high of $131.33. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.14 and a quick ratio of 4.14.

ServiceTitan (NASDAQ:TTAN) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.27 earnings per share 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 analyst estimates of $245.47 million. During the same period in the previous year, the business posted $0.12 earnings per share. ServiceTitan’s quarterly revenue was up 21.4% on a year-over-year basis. As a group, equities research analysts anticipate that ServiceTitan Inc. will post -1.98 EPS for the current fiscal year.

Hedge Funds Weigh In On ServiceTitan

Large investors have recently made changes to their positions in the stock. Woodline Partners LP increased its holdings in ServiceTitan by 4.6% in the 1st quarter. Woodline Partners LP now owns 2,141 shares of the company’s stock valued at $204,000 after purchasing an additional 95 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in ServiceTitan by 1,247.1% during the second quarter. Bank of New York Mellon Corp now owns 84,704 shares of the company’s stock worth $9,079,000 after purchasing an additional 78,416 shares in the last quarter. PNC Financial Services Group Inc. purchased a new position in shares of ServiceTitan during the second quarter worth $79,000. Geode Capital Management LLC boosted its position in shares of ServiceTitan by 0.5% during the second quarter. Geode Capital Management LLC now owns 160,975 shares of the company’s stock worth $17,258,000 after buying an additional 848 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in shares of ServiceTitan in the second quarter valued at $345,000.

More ServiceTitan News

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Q4 results beat — ServiceTitan reported EPS of $0.27 vs. $0.18 est. and revenue of $253.99M (≈21% YoY growth), a near‑term fundamental positive that supports the outlook. MarketBeat TTAN
• Positive Sentiment: Analyst bullish note — Seeking Alpha reiterated a “Buy,” arguing margin improvements and a lower valuation after the pullback make TTAN appealing for long‑term investors. Seeking Alpha
• Neutral Sentiment: Valuation / volatility review — Coverage notes the recent share-price pullback lowers forward multiples but also highlights near‑term growth uncertainty; mixed implications for value vs. growth investors. Yahoo Finance Valuation
• Negative Sentiment: Price‑target cuts — Truist and other brokers trimmed targets after Q4 (and some firms have lowered expectations broadly), which can cap near‑term upside and weigh on multiple expansion. Truist / Yahoo
• Negative Sentiment: Significant insider selling — multiple senior executives sold shares on March 18: CFO David Sherry (~17,778 shs), CAO Michele O’Connor (~5,154 shs), CEO Ara Mahdessian (~2,288 shs) and President Vahe Kuzoyan (~3,220 shs). Large officer sales and the near‑zero retained direct holdings reported for some officers are likely amplifying investor concern. CFO Form 4 CAO Form 4 CEO Form 4 President Form 4

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TTAN shares. Wells Fargo & Company dropped their price objective on shares of ServiceTitan from $125.00 to $115.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Morgan Stanley decreased their target price on shares of ServiceTitan from $131.00 to $118.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. KeyCorp dropped their price target on shares of ServiceTitan from $140.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Citigroup cut their price target on shares of ServiceTitan from $117.00 to $88.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Finally, Canaccord Genuity Group reduced their price target on shares of ServiceTitan from $140.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday, March 13th. Sixteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, ServiceTitan currently has a consensus rating of “Moderate Buy” and an average target price of $113.56.

About ServiceTitan

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.