J.W. Cole Advisors Inc. raised its stake in ServiceNow, Inc. (NYSE:NOW – Free Report) by 32.9% in the course of the third quarter, based on the corporate in its most up-to-date 13F submitting with the SEC. The agency owned 2,259 shares of the knowledge know-how companies supplier’s inventory after shopping for an extra 559 shares in the course of the quarter. J.W. Cole Advisors Inc.’s holdings in ServiceNow have been price $2,020,000 on the finish of the newest reporting interval.
A number of different massive traders have additionally just lately added to or decreased their stakes in NOW. Creekmur Asset Administration LLC acquired a brand new place in ServiceNow within the 1st quarter valued at roughly $25,000. Versant Capital Administration Inc elevated its stake in shares of ServiceNow by 466.7% in the course of the 2nd quarter. Versant Capital Administration Inc now owns 34 shares of the knowledge know-how companies supplier’s inventory price $27,000 after buying an extra 28 shares over the last quarter. EntryPoint Capital LLC elevated its stake in shares of ServiceNow by 3,900.0% in the course of the 1st quarter. EntryPoint Capital LLC now owns 40 shares of the knowledge know-how companies supplier’s inventory price $30,000 after buying an extra 39 shares over the last quarter. Ridgewood Investments LLC acquired a brand new place in shares of ServiceNow in the course of the 2nd quarter price $32,000. Lastly, DT Funding Companions LLC elevated its stake in shares of ServiceNow by 77.3% in the course of the third quarter. DT Funding Companions LLC now owns 39 shares of the knowledge know-how companies supplier’s inventory price $35,000 after buying an extra 17 shares over the last quarter. Institutional traders and hedge funds personal 87.18% of the corporate’s inventory.
Wall Road Analysts Forecast Progress
A number of analysis analysts have just lately commented on NOW shares. Oppenheimer elevated their worth goal on shares of ServiceNow from $825.00 to $1,020.00 and gave the inventory an “outperform” score in a analysis be aware on Thursday, October seventeenth. Robert W. Baird elevated their worth goal on shares of ServiceNow from $900.00 to $975.00 and gave the inventory an “outperform” score in a analysis be aware on Thursday, October twenty fourth. Citigroup elevated their worth goal on shares of ServiceNow from $1,068.00 to $1,071.00 and gave the inventory a “purchase” score in a analysis be aware on Friday. Jefferies Monetary Group upped their worth goal on shares of ServiceNow from $900.00 to $1,100.00 and gave the inventory a “purchase” score in a report on Wednesday, October sixteenth. Lastly, Needham & Firm LLC upped their worth goal on shares of ServiceNow from $900.00 to $1,075.00 and gave the inventory a “purchase” score in a report on Thursday, October twenty fourth. One analyst has rated the inventory with a promote score, three have given a maintain score and twenty-five have issued a purchase score to the inventory. Based mostly on information from MarketBeat, ServiceNow presently has a consensus score of “Average Purchase” and a median worth goal of $970.33.
Verify Out Our Newest Analysis Report on NOW
ServiceNow Value Efficiency
NYSE:NOW opened at $945.44 on Tuesday. The corporate has a 50-day transferring common of $887.83 and a 200-day transferring common of $798.89. The corporate has a market capitalization of $194.76 billion, a price-to-earnings ratio of 147.04, a PEG ratio of 5.67 and a beta of 0.99. ServiceNow, Inc. has a 52 week low of $558.09 and a 52 week excessive of $979.78. The corporate has a debt-to-equity ratio of 0.16, a fast ratio of 1.13 and a present ratio of 1.13.
ServiceNow (NYSE:NOW – Get Free Report) final launched its quarterly earnings information on Wednesday, October twenty third. The data know-how companies supplier reported $3.72 EPS for the quarter, topping analysts’ consensus estimates of $3.46 by $0.26. The corporate had income of $2.80 billion in the course of the quarter, in comparison with the consensus estimate of $2.75 billion. ServiceNow had a internet margin of 12.77% and a return on fairness of 16.03%. The agency’s income for the quarter was up 22.2% in comparison with the identical quarter final 12 months. Throughout the identical interval final 12 months, the agency earned $1.21 EPS. As a gaggle, equities analysis analysts anticipate that ServiceNow, Inc. will submit 6.78 earnings per share for the present fiscal 12 months.
Insider Transactions at ServiceNow
In associated information, insider Paul John Smith bought 187 shares of the inventory in a transaction dated Thursday, August eighth. The shares have been bought at a median worth of $795.58, for a complete transaction of $148,773.46. Following the completion of the sale, the insider now owns 3,779 shares within the firm, valued at $3,006,496.82. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is offered by way of the SEC web site. In associated information, insider Paul John Smith bought 187 shares of the inventory in a transaction dated Thursday, August eighth. The shares have been bought at a median worth of $795.58, for a complete transaction of $148,773.46. Following the completion of the sale, the insider now owns 3,779 shares within the firm, valued at $3,006,496.82. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is offered by way of the SEC web site. Additionally, insider Jacqueline P. Canney bought 353 shares of the inventory in a transaction dated Wednesday, October sixteenth. The inventory was bought at a median worth of $924.96, for a complete transaction of $326,510.88. Following the sale, the insider now owns 3,027 shares of the corporate’s inventory, valued at $2,799,853.92. This commerce represents a 0.00 % lower of their place. The disclosure for this sale will be discovered right here. Within the final three months, insiders bought 5,467 shares of firm inventory valued at $4,450,447. Firm insiders personal 0.25% of the corporate’s inventory.
ServiceNow Firm Profile
ServiceNow, Inc gives 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.
Additional Studying
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