Director Frederic B. Luddy has sold 660 shares in the company's stock on Friday, 2nd June. The shares were purchased at an average of $546.00 for a transaction totaling $360,360.00. After the sale was completed, the director owns directly 598 shares worth approximately $326 508 of the company stock. The SEC website
ServiceNow Stock up 1.6 %
On Monday, the price of a share rose $8.73 to $556.91. The company's average trading volume is 1,676,978 shares. The market cap is $113.46 Billion, with a PE of 279,68, PEG of 6.86, and beta of 1.03. ServiceNow, Inc.'s 12 month low is $337.00, and its 12 month high is $559.86. The stock's fifty-day moving is $475.07, and its 200-day moving is $440.06. Several large investors recently changed their positions. EP Wealth Advisors LLC purchased a new stake in ServiceNow shares in the first quarter, valued at $9.549,000. Level Four Advisory Services LLC increased its stake in ServiceNow shares by 29.0% during the first quarter. Level Four Advisory Services LLC owns 3,539 of the stock valued at $1.645,000, after purchasing an additional 795 in the last quarter. Macquarie Group Ltd. increased its stake in ServiceNow shares by 12.9% during the first quarter. Macquarie Group Ltd. owns 109.783 shares worth $51,018,000 of the stock of the IT services provider after purchasing an additional 12.512 shares during the last quarter. ProShare Advisors LLC increased its stake in ServiceNow shares by 22.2% during the first quarter. ProShare Advisors LLC owns 38 780 shares of ServiceNow's stock, valued at $18,022,000. This is after purchasing an additional 7,035 in the previous quarter. Toroso Investments LLC increased its stake in ServiceNow shares by 5.6% during the first quarter. Toroso Investments LLC owns 9,258 of the stock of the Information Technology Services Provider valued at $4302,000, after purchasing an additional 495 in the last quarter. Institutional investors own 86.31% the stock.
Changes in Analyst Ratings
Several analysts have published reports on NOW's shares. Mizuho raised their price target on ServiceNow shares from $500.00 up to $510.00 on Wednesday, 17th May. VNET Group reiterated its'maintains rating' on ServiceNow shares in a report published on Thursday, 27th April. In a report published on Thursday, 27th April, Deutsche Bank Aktiengesellschaft increased their price target on ServiceNow shares from $525.00 up to $545.00. Guggenheim increased their price target on ServiceNow shares from $511.00 up to $518.00 on Wednesday, 17th May. Morgan Stanley reduced their price target for shares of ServiceNow in a report published on Tuesday, 9th May from $612.00 down to $586.00. Twenty-seven analysts gave the company a buy rating, while two investment analysts assigned the stock a hold. According to MarketBeat the company's average rating is 'Moderate buy' with an average price target of $530.33.
ServiceNow, Inc provides enterprise cloud computing services. The company delivers digital workflows through a single cloud platform for enterprise called the Now Platform. The company's product portfolio focuses on Information Technology, Employees and Customer Workflows. Frederic B. founded the company.
MarketBeat.com offers a FREE daily email newsletter