MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its stake in ServiceNow, Inc. (NYSE:NOW – Free Report) by 61.5% within the 2nd quarter, based on its most up-to-date submitting with the Securities & Alternate Fee. The fund owned 168 shares of the knowledge expertise providers supplier’s inventory after buying a further 64 shares in the course of the quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH’s holdings in ServiceNow had been price $132,000 as of its most up-to-date SEC submitting.
A variety of different institutional traders additionally just lately purchased and bought shares of NOW. M&G Plc acquired a brand new place in shares of ServiceNow within the first quarter valued at about $11,030,000. Smithfield Belief Co raised its place in ServiceNow by 36.4% in the course of the 4th quarter. Smithfield Belief Co now owns 981 shares of the knowledge expertise providers supplier’s inventory price $691,000 after shopping for a further 262 shares over the past quarter. New Mexico Instructional Retirement Board boosted its holdings in shares of ServiceNow by 9.4% within the 1st quarter. New Mexico Instructional Retirement Board now owns 11,650 shares of the knowledge expertise providers supplier’s inventory valued at $8,882,000 after buying a further 1,000 shares over the past quarter. Empirical Monetary Companies LLC d.b.a. Empirical Wealth Administration lifted its place in ServiceNow by 375.6% in the course of the first quarter. Empirical Monetary Companies LLC d.b.a. Empirical Wealth Administration now owns 1,365 shares of the knowledge expertise providers supplier’s inventory valued at $1,041,000 after buying a further 1,078 shares in the course of the interval. Lastly, Summa Corp. acquired a brand new place in shares of ServiceNow within the 4th quarter valued at about $381,000. 87.18% of the inventory is presently owned by institutional traders and hedge funds.
ServiceNow Inventory Efficiency
NYSE:NOW opened at $855.00 on Monday. ServiceNow, Inc. has a 52 week low of $527.24 and a 52 week excessive of $857.25. The corporate has a fifty day easy transferring common of $791.80 and a two-hundred day easy transferring common of $760.31. The corporate has a fast ratio of 1.12, a present ratio of 1.12 and a debt-to-equity ratio of 0.17. The corporate has a market cap of $176.13 billion, a price-to-earnings ratio of 91.44, a price-to-earnings-growth ratio of 5.13 and a beta of 0.99.
ServiceNow (NYSE:NOW – Get Free Report) final launched its earnings outcomes on Wednesday, July twenty fourth. The data expertise providers supplier reported $3.13 EPS for the quarter, topping the consensus estimate of $2.85 by $0.28. The agency had income of $2.63 billion in the course of the quarter, in comparison with analysts’ expectations of $2.61 billion. ServiceNow had a return on fairness of 14.52% and a internet margin of 11.51%. ServiceNow’s income for the quarter was up 22.2% on a year-over-year foundation. Throughout the identical interval within the earlier yr, the agency posted $0.77 EPS. As a gaggle, equities analysts anticipate that ServiceNow, Inc. will publish 6.78 earnings per share for the present fiscal yr.
Insider Shopping for and Promoting
In different information, insider Nicholas Tzitzon bought 1,857 shares of the agency’s inventory in a transaction on Monday, August twenty sixth. The shares had been bought at a median value of $829.68, for a complete worth of $1,540,715.76. Following the sale, the insider now straight owns 3,649 shares within the firm, valued at roughly $3,027,502.32. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is out there by the SEC web site. In different information, Common Counsel Russell S. Elmer bought 1,937 shares of the enterprise’s inventory in a transaction that occurred on Friday, August 2nd. The shares had been bought at a median value of $779.81, for a complete transaction of $1,510,491.97. Following the completion of the sale, the final counsel now owns 6,736 shares within the firm, valued at roughly $5,252,800.16. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which may be accessed by this hyperlink. Additionally, insider Nicholas Tzitzon bought 1,857 shares of the inventory in a transaction on Monday, August twenty sixth. The shares had been bought at a median value of $829.68, for a complete transaction of $1,540,715.76. Following the completion of the transaction, the insider now straight owns 3,649 shares within the firm, valued at $3,027,502.32. The disclosure for this sale may be discovered right here. During the last ninety days, insiders have bought 7,129 shares of firm inventory price $5,759,436. Firm insiders personal 0.25% of the corporate’s inventory.
Analyst Scores Adjustments
A variety of equities analysis analysts have just lately commented on NOW shares. Canaccord Genuity Group reaffirmed a “purchase” ranking and set a $835.00 value goal on shares of ServiceNow in a analysis word on Tuesday, July twenty third. TD Cowen lifted their value goal on ServiceNow from $870.00 to $900.00 and gave the corporate a “purchase” ranking in a analysis word on Thursday, July twenty fifth. Guggenheim reissued a “promote” ranking and issued a $640.00 value goal on shares of ServiceNow in a report on Monday, July eighth. Wells Fargo & Firm upped their goal value on ServiceNow from $920.00 to $935.00 and gave the inventory an “chubby” ranking in a analysis word on Thursday, July twenty fifth. Lastly, Piper Sandler lifted their value goal on shares of ServiceNow from $830.00 to $850.00 and gave the corporate an “chubby” ranking in a analysis word on Thursday, July twenty fifth. One analysis analyst has rated the inventory with a promote ranking, two have assigned a maintain ranking and twenty-five have assigned a purchase ranking to the corporate. In accordance with MarketBeat, the inventory presently has a median ranking of “Average Purchase” and a consensus goal value of $849.62.
Verify Out Our Newest Inventory Report on NOW
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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