Lord & Richards Wealth Management LLC Boosts Holdings in ServiceNow, Inc. $NOW

Lord & Richards Wealth Management LLC increased its position in ServiceNow, Inc. (NYSE:NOW) by 236.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,836 shares of the information technology services provider’s stock after purchasing an additional 5,510 shares during the period. ServiceNow makes up approximately 1.0% of Lord & Richards Wealth Management LLC’s holdings, making the stock its 27th biggest position. Lord & Richards Wealth Management LLC’s holdings in ServiceNow were worth $1,200,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Focus Financial Network Inc. increased its holdings in shares of ServiceNow by 286.1% in the 4th quarter. Focus Financial Network Inc. now owns 53,650 shares of the information technology services provider’s stock worth $8,219,000 after purchasing an additional 39,756 shares in the last quarter. Beacon Investment Advisory Services Inc. lifted its holdings in shares of ServiceNow by 299.4% during the fourth quarter. Beacon Investment Advisory Services Inc. now owns 49,283 shares of the information technology services provider’s stock valued at $7,550,000 after purchasing an additional 36,944 shares in the last quarter. Sei Investments Co. boosted its position in shares of ServiceNow by 7.1% during the third quarter. Sei Investments Co. now owns 396,517 shares of the information technology services provider’s stock valued at $364,903,000 after buying an additional 26,241 shares during the last quarter. Jacobs & Co. CA boosted its position in shares of ServiceNow by 477.3% during the fourth quarter. Jacobs & Co. CA now owns 60,245 shares of the information technology services provider’s stock valued at $9,228,000 after buying an additional 49,809 shares during the last quarter. Finally, Temasek Holdings Private Ltd increased its holdings in ServiceNow by 29.8% in the 3rd quarter. Temasek Holdings Private Ltd now owns 117,005 shares of the information technology services provider’s stock worth $107,677,000 after buying an additional 26,850 shares in the last quarter. 87.18% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Bargain-hunting lifted the stock after it neared its 52-week low, driving a short-term rebound as value-seeking investors stepped in. Read More.
• Positive Sentiment: Improved geopolitical sentiment — comments about productive talks with Iran — helped risk-on flows, which benefited enterprise software names including ServiceNow. Read More.
• Positive Sentiment: Market commentary points to receding AI fears and renewed optimism for SaaS, which analysts and pundits say is supporting a bounce in ServiceNow. Read More.
• Positive Sentiment: Analyst sentiment is generally constructive — the stock recently received an average rating of “Moderate Buy,” which can underpin investor confidence. Read More.
• Positive Sentiment: Coverage noting ServiceNow’s resilience relative to the sector and buy-the-dip narratives highlight its strong position in workflow automation and AI orchestration. Read More.
• Neutral Sentiment: Partner and ecosystem updates (e.g., new enterprise connector listed on the ServiceNow Store) expand platform integrations but are incremental to revenue catalysts. Read More.
• Neutral Sentiment: Industry product and governance news (e.g., database change governance, AI governance frameworks) affect the broader tech landscape; indirect to ServiceNow’s near-term price action. Read More.
• Negative Sentiment: Broader SaaS/tech sell-off and macro/geopolitical uncertainty remain headwinds; investors are still discounting near-term risk, which pushed the stock close to its 52-week low before the rebound. Read More.
• Negative Sentiment: Technicals show prior weakness (50-day below 200-day moving average), underscoring that sentiment-driven bounces could be volatile rather than a definitive trend reversal. Read More.

Insider Buying and Selling at ServiceNow

In other news, insider Kevin Thomas Mcbride sold 1,400 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $105.71, for a total transaction of $147,994.00. Following the completion of the sale, the insider owned 26,314 shares of the company’s stock, valued at $2,781,652.94. The trade was a 5.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Paul Fipps sold 3,696 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $101.77, for a total value of $376,141.92. Following the completion of the sale, the insider owned 8,061 shares of the company’s stock, valued at $820,367.97. This trade represents a 31.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 16,237 shares of company stock valued at $1,697,162. Insiders own 0.34% of the company’s stock.

ServiceNow Trading Up 5.6%

ServiceNow stock opened at $104.97 on Tuesday. The business has a 50-day simple moving average of $112.44 and a two-hundred day simple moving average of $149.20. The company has a market cap of $109.80 billion, a P/E ratio of 62.93, a P/E/G ratio of 1.68 and a beta of 0.99. ServiceNow, Inc. has a 52-week low of $98.00 and a 52-week high of $211.48. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.12.

ServiceNow (NYSE:NOW) last issued its quarterly earnings data on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.03. The firm had revenue of $3.57 billion for the quarter, compared to analysts’ expectations of $3.53 billion. ServiceNow had a net margin of 13.16% and a return on equity of 18.54%. The business’s quarterly revenue was up 20.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.73 EPS. Analysts predict that ServiceNow, Inc. will post 8.93 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. BMO Capital Markets decreased their target price on ServiceNow from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Thursday, January 29th. Truist Financial set a $175.00 price target on shares of ServiceNow in a report on Thursday, February 5th. BTIG Research reiterated a “buy” rating and issued a $200.00 price target on shares of ServiceNow in a research note on Thursday, January 29th. HSBC decreased their price objective on shares of ServiceNow from $266.40 to $226.00 and set a “buy” rating for the company in a report on Friday, January 30th. Finally, Royal Bank Of Canada dropped their target price on shares of ServiceNow from $185.00 to $150.00 and set an “outperform” rating on the stock in a report on Monday, February 9th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, ServiceNow currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.61.

ServiceNow Profile

ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.

The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.