2 weeks Ago By Defense World Staff
Wellington Wealth Strategies LLC. bought a new position in ServiceNow, Inc. ( NYSE:NOW – Free Report ) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor bought 275 shares of the information technology services provider’s stock, valued at approximately $216,000. Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Creekmur Asset Management LLC purchased a new stake in ServiceNow in the 1st quarter worth approximately $25,000.
Versant Capital Management Inc lifted its stake in shares of ServiceNow by 466.7% in the 2nd quarter. Versant Capital Management Inc now owns 34 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 28 shares during the period.
University of Texas Texas AM Investment Managment Co. purchased a new stake in ServiceNow during the fourth quarter worth $29,000. EntryPoint Capital LLC grew its position in ServiceNow by 3,900.
0% during the first quarter. EntryPoint Capital LLC now owns 40 shares of the information technology services provider’s stock valued at $30,000 after buying an additional 39 shares during the period. Finally, Ridgewood Investments LLC acquired a new stake in ServiceNow during the second quarter valued at $32,000.
87.18% of the stock is owned by institutional investors and hedge funds. ServiceNow Price Performance NOW stock opened at $881.
79 on Monday. ServiceNow, Inc. has a 1 year low of $527.
24 and a 1 year high of $945.46. The company has a debt-to-equity ratio of 0.
17, a current ratio of 1.12 and a quick ratio of 1.12.
The firm has a market capitalization of $180.77 billion, a PE ratio of 94.31, a price-to-earnings-growth ratio of 5.
55 and a beta of 0.98. The business has a 50 day simple moving average of $837.
59 and a 200-day simple moving average of $776.29. Analyst Upgrades and Downgrades Several equities research analysts have recently issued reports on NOW shares.
Royal Bank of Canada increased their target price on shares of ServiceNow from $850.00 to $880.00 and gave the stock an “outperform” rating in a research note on Thursday, July 25th.
JPMorgan Chase & Co. upped their price target on ServiceNow from $780.00 to $820.
00 and gave the stock an “overweight” rating in a report on Thursday, July 25th. Stifel Nicolaus raised their price objective on ServiceNow from $820.00 to $900.
00 and gave the company a “buy” rating in a report on Thursday, July 25th. Robert W. Baird boosted their price objective on ServiceNow from $885.
00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 25th. Finally, Guggenheim reiterated a “sell” rating and set a $640.
00 target price on shares of ServiceNow in a research report on Monday, July 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and twenty-four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $855.
44. View Our Latest Analysis on NOW Insider Activity at ServiceNow In other ServiceNow news, insider Jacqueline P. Canney sold 94 shares of ServiceNow stock in a transaction dated Monday, August 19th.
The shares were sold at an average price of $825.92, for a total transaction of $77,636.48.
Following the transaction, the insider now directly owns 4,019 shares of the company’s stock, valued at $3,319,372.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .
In other news, General Counsel Russell S. Elmer sold 1,937 shares of the stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $779.
81, for a total transaction of $1,510,491.97. Following the completion of the transaction, the general counsel now directly owns 6,736 shares in the company, valued at approximately $5,252,800.
16. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website . Also, insider Jacqueline P.
Canney sold 94 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $825.92, for a total value of $77,636.
48. Following the sale, the insider now directly owns 4,019 shares of the company’s stock, valued at $3,319,372.48.
The disclosure for this sale can be found here . Over the last quarter, insiders sold 6,914 shares of company stock valued at $5,608,936. 0.
25% of the stock is owned by company insiders. ServiceNow Profile ( Free Report ) ServiceNow, Inc provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.
Further Reading Five stocks we like better than ServiceNow 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion Simon Property REIT: A Safe Bet for Growth and Steady Dividends The Role Economic Reports Play in a Successful Investment Strategy CarMax’s Impressive Rally: What Investors Should Watch Next The Top 3 Healthcare Dividend Stocks to Buy and Hold MarketBeat Week in Review – 9/23 – 9/27 Want to see what other hedge funds are holding NOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ServiceNow, Inc. ( NYSE:NOW – Free Report ).
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