NorthCrest Asset Manangement LLC raised its holdings in ServiceNow, Inc. (NYSE:NOW – Free Report) by 2.2% within the third quarter, in line with its most up-to-date 13F submitting with the Securities and Alternate Fee (SEC). The agency owned 1,080 shares of the data expertise companies supplier’s inventory after buying a further 23 shares through the quarter. NorthCrest Asset Manangement LLC’s holdings in ServiceNow have been value $966,000 as of its most up-to-date submitting with the Securities and Alternate Fee (SEC).
Plenty of different hedge funds additionally not too long ago made modifications to their positions in NOW. Hennion & Walsh Asset Administration Inc. lifted its stake in ServiceNow by 45.1% within the first quarter. Hennion & Walsh Asset Administration Inc. now owns 2,389 shares of the data expertise companies supplier’s inventory valued at $1,821,000 after buying a further 743 shares over the past quarter. Vicus Capital purchased a brand new place in shares of ServiceNow through the 1st quarter value $306,000. SteelPeak Wealth LLC bought a brand new stake in ServiceNow within the 1st quarter value about $485,000. LVW Advisors LLC raised its stake in ServiceNow by 18.0% within the 1st quarter. LVW Advisors LLC now owns 347 shares of the data expertise companies supplier’s inventory valued at $265,000 after buying a further 53 shares through the interval. Lastly, Chapin Davis Inc. bought a brand new stake in ServiceNow through the first quarter valued at about $380,000. 87.18% of the inventory is at the moment owned by institutional traders.
ServiceNow Inventory Down 0.6 %
Shares of ServiceNow inventory opened at $950.85 on Monday. The corporate has a debt-to-equity ratio of 0.17, a fast ratio of 1.12 and a present ratio of 1.12. ServiceNow, Inc. has a 52-week low of $548.44 and a 52-week excessive of $979.78. The corporate’s 50 day shifting common value is $885.56 and its 200-day shifting common value is $797.66. The inventory has a market capitalization of $194.92 billion, a price-to-earnings ratio of 101.70, a P/E/G ratio of 5.04 and a beta of 0.99.
ServiceNow (NYSE:NOW – Get Free Report) final launched its quarterly earnings knowledge on Wednesday, October twenty third. The knowledge expertise companies supplier reported $3.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.46 by $0.26. The agency had income of $2.80 billion for the quarter, in comparison with analysts’ expectations of $2.75 billion. ServiceNow had a web margin of 11.51% and a return on fairness of 14.52%. The corporate’s income for the quarter was up 22.2% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the earlier 12 months, the corporate earned $1.21 earnings per share. Equities analysis analysts forecast that ServiceNow, Inc. will submit 7.41 EPS for the present 12 months.
Insiders Place Their Bets
In different ServiceNow information, Common Counsel Russell S. Elmer bought 1,937 shares of the enterprise’s inventory in a transaction on Friday, August 2nd. The shares have been bought at a median value of $779.81, for a complete transaction of $1,510,491.97. Following the transaction, the final counsel now straight owns 6,736 shares of the corporate’s inventory, valued at roughly $5,252,800.16. The commerce was a 0.00 % lower of their place. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which may be accessed via the SEC web site. In different ServiceNow information, Common Counsel Russell S. Elmer bought 1,937 shares of the corporate’s inventory in a transaction that occurred on Friday, August 2nd. The inventory was bought at a median value of $779.81, for a complete transaction of $1,510,491.97. Following the transaction, the final counsel now owns 6,736 shares within the firm, valued at roughly $5,252,800.16. This represents a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible via the SEC web site. Additionally, Director Paul Edward Chamberlain bought 135 shares of the agency’s inventory in a transaction that occurred on Wednesday, August 14th. The shares have been bought at a median value of $822.00, for a complete worth of $110,970.00. Following the completion of the transaction, the director now owns 10,767 shares of the corporate’s inventory, valued at roughly $8,850,474. The commerce was a 0.00 % lower of their place. The disclosure for this sale may be discovered right here. Within the final 90 days, insiders bought 5,467 shares of firm inventory value $4,450,447. 0.25% of the inventory is at the moment owned by firm insiders.
Analyst Scores Adjustments
A number of analysis companies have not too long ago issued studies on NOW. Citigroup boosted their value goal on shares of ServiceNow from $1,068.00 to $1,071.00 and gave the corporate a “purchase” score in a analysis report on Friday. Royal Financial institution of Canada elevated their goal value on ServiceNow from $985.00 to $1,045.00 and gave the inventory an “outperform” score in a analysis report on Thursday. Piper Sandler boosted their value goal on ServiceNow from $850.00 to $1,000.00 and gave the corporate an “obese” score in a analysis word on Thursday. Mizuho boosted their value goal on shares of ServiceNow from $850.00 to $980.00 and gave the corporate an “outperform” score in a analysis word on Thursday, October seventeenth. Lastly, Morgan Stanley lowered shares of ServiceNow from an “obese” score to an “equal weight” score and upped their goal value for the inventory from $900.00 to $960.00 in a report on Monday, October twenty first. One funding analyst has rated the inventory with a promote score, three have given a maintain score and twenty-five have given a purchase score to the corporate’s inventory. In accordance with MarketBeat.com, the inventory at the moment has a median score of “Reasonable Purchase” and a median goal value of $970.33.
ServiceNow Firm Profile
ServiceNow, Inc offers finish to-end clever workflow automation platform options for digital companies within the North America, Europe, the Center East and Africa, Asia Pacific, and internationally. The corporate operates the Now platform for end-to-end digital transformation, synthetic intelligence, machine studying, robotic course of automation, course of mining, efficiency analytics, and collaboration and growth instruments.
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