Avidian Wealth Enterprises LLC elevated its place in ServiceNow, Inc. (NYSE:NOW – Free Report) by 39.4% within the third quarter, in accordance with the corporate in its most up-to-date submitting with the SEC. The fund owned 488 shares of the knowledge know-how providers supplier’s inventory after buying an extra 138 shares throughout the quarter. Avidian Wealth Enterprises LLC’s holdings in ServiceNow had been price $436,000 as of its most up-to-date SEC submitting.
Plenty of different hedge funds and different institutional buyers have additionally added to or lowered their stakes in NOW. Worldwide Property Funding Administration LLC raised its place in shares of ServiceNow by 89,137.0% within the third quarter. Worldwide Property Funding Administration LLC now owns 1,185,067 shares of the knowledge know-how providers supplier’s inventory valued at $1,059,912,000 after buying an extra 1,183,739 shares throughout the interval. Swedbank AB purchased a brand new stake in ServiceNow throughout the 1st quarter valued at $897,908,000. Vanguard Group Inc. lifted its place in shares of ServiceNow by 1.8% throughout the first quarter. Vanguard Group Inc. now owns 18,450,570 shares of the knowledge know-how providers supplier’s inventory price $14,066,715,000 after buying an extra 331,797 shares within the final quarter. AustralianSuper Pty Ltd purchased a brand new place in shares of ServiceNow within the second quarter price $218,786,000. Lastly, Acadian Asset Administration LLC grew its place in shares of ServiceNow by 233.4% within the first quarter. Acadian Asset Administration LLC now owns 387,225 shares of the knowledge know-how providers supplier’s inventory valued at $295,198,000 after buying an extra 271,073 shares within the final quarter. 87.18% of the inventory is at present owned by institutional buyers.
ServiceNow Inventory Up 2.1 %
Shares of NYSE NOW opened at $1,015.45 on Friday. The agency’s fifty day transferring common is $905.83 and its 200 day transferring common is $809.18. ServiceNow, Inc. has a 52 week low of $615.54 and a 52 week excessive of $1,024.44. The corporate has a fast ratio of 1.13, a present ratio of 1.13 and a debt-to-equity ratio of 0.16. The corporate has a market cap of $209.18 billion, a price-to-earnings ratio of 157.92, a PEG ratio of 5.48 and a beta of 0.98.
ServiceNow (NYSE:NOW – Get Free Report) final launched its quarterly earnings knowledge on Wednesday, October twenty third. The knowledge know-how providers 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 12.77% and a return on fairness of 16.03%. 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. On common, equities analysis analysts anticipate that ServiceNow, Inc. will put up 7.07 earnings per share for the present 12 months.
Wall Avenue Analysts Forecast Development
A number of analysis analysts have commented on the corporate. Truist Monetary raised their goal worth on ServiceNow from $780.00 to $900.00 and gave the inventory a “maintain” score in a analysis observe on Wednesday, October twenty third. Morgan Stanley lowered shares of ServiceNow from an “obese” score to an “equal weight” score and upped their goal worth for the inventory from $900.00 to $960.00 in a report on Monday, October twenty first. Canaccord Genuity Group raised their worth goal on shares of ServiceNow from $850.00 to $1,000.00 and gave the corporate a “purchase” score in a report on Thursday, October twenty fourth. Evercore ISI upped their worth goal on shares of ServiceNow from $950.00 to $1,000.00 and gave the inventory an “outperform” score in a report on Thursday, October twenty fourth. Lastly, Jefferies Monetary Group lifted their worth goal on ServiceNow from $900.00 to $1,100.00 and gave the corporate a “purchase” score in a analysis observe on Wednesday, October sixteenth. One analysis analyst has rated the inventory with a promote score, three have given a maintain score and twenty-five have assigned a purchase score to the inventory. In keeping with MarketBeat, the inventory has a median score of “Average Purchase” and a consensus goal worth of $970.33.
Insider Shopping for and Promoting at ServiceNow
In different information, Director Paul Edward Chamberlain bought 135 shares of the agency’s inventory in a transaction that occurred on Wednesday, August 14th. The inventory was bought at a median worth of $822.00, for a complete worth of $110,970.00. Following the completion of the transaction, the director now owns 10,767 shares within the firm, valued at $8,850,474. This commerce represents a 0.00 % lower of their place. The transaction was disclosed in a doc filed with the SEC, which is obtainable by this hyperlink. In different ServiceNow information, Director Paul Edward Chamberlain bought 135 shares of the agency’s inventory in a transaction that occurred on Wednesday, August 14th. The shares had been bought at a median worth of $822.00, for a complete transaction 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. This commerce represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is accessible by this hyperlink. Additionally, insider Jacqueline P. Canney bought 353 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, October sixteenth. The inventory was bought at a median worth of $924.96, for a complete worth of $326,510.88. Following the completion of the sale, the insider now instantly owns 3,027 shares within the firm, valued at roughly $2,799,853.92. This represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale may be discovered right here. Within the final ninety days, insiders have bought 3,343 shares of firm inventory valued at $2,791,181. 0.25% of the inventory is at present owned by firm insiders.
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.
Learn Extra
Wish to see what different hedge funds are holding NOW? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for ServiceNow, Inc. (NYSE:NOW – Free Report).
Obtain Information & Scores for ServiceNow Each day – Enter your electronic mail tackle under to obtain a concise each day abstract of the most recent information and analysts’ scores for ServiceNow and associated corporations with MarketBeat.com’s FREE each day electronic mail publication.
