Natixis Advisors LLC Raises Stake in ServiceNow, Inc. $NOW

Natixis Advisors LLC lifted its position in shares of ServiceNow, Inc. (NYSE:NOW) by 540.5% in the fourth quarter, Holdings Channel reports. The firm owned 1,967,156 shares of the information technology services provider’s stock after purchasing an additional 1,660,037 shares during the period. Natixis Advisors LLC’s holdings in ServiceNow were worth $301,349,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of NOW. IAG Wealth Partners LLC grew its holdings in shares of ServiceNow by 200.0% during the 3rd quarter. IAG Wealth Partners LLC now owns 27 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 18 shares during the period. Noble Wealth Management PBC grew its holdings in shares of ServiceNow by 400.0% during the 4th quarter. Noble Wealth Management PBC now owns 160 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 128 shares during the period. Millstone Evans Group LLC grew its holdings in shares of ServiceNow by 400.0% during the 4th quarter. Millstone Evans Group LLC now owns 165 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 132 shares during the period. CBIZ Investment Advisory Services LLC grew its holdings in shares of ServiceNow by 540.0% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 160 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 135 shares during the period. Finally, Blueline Advisors LLC purchased a new stake in shares of ServiceNow during the 4th quarter worth about $25,000. Hedge funds and other institutional investors own 87.18% of the company’s stock.

ServiceNow Stock Performance

ServiceNow stock opened at $135.70 on Tuesday. The stock has a market cap of $139.91 billion, a P/E ratio of 80.87, a price-to-earnings-growth ratio of 2.05 and a beta of 0.94. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average of $98.50 and a 200-day moving average of $123.13. ServiceNow, Inc. has a 52 week low of $81.24 and a 52 week high of $211.48.

ServiceNow (NYSE:NOW) last released its earnings results on Wednesday, April 22nd. The information technology services provider reported $0.97 EPS for the quarter, meeting the consensus estimate of $0.97. The company had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $3.75 billion. ServiceNow had a return on equity of 18.16% and a net margin of 12.59%.The business’s revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.81 EPS. On average, analysts expect that ServiceNow, Inc. will post 2.36 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Canaccord Genuity Group decreased their target price on ServiceNow from $200.00 to $145.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Robert W. Baird decreased their target price on ServiceNow from $125.00 to $118.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. Oppenheimer reiterated an “outperform” rating on shares of ServiceNow in a report on Tuesday, May 26th. TD Cowen reiterated a “buy” rating and set a $140.00 target price on shares of ServiceNow in a report on Thursday, April 23rd. Finally, Benchmark began coverage on ServiceNow in a report on Wednesday, April 1st. They issued a “buy” rating and a $125.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $141.85.

Insiders Place Their Bets

In related news, insider Jacqueline P. Canney sold 8,927 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $89.60, for a total transaction of $799,859.20. Following the sale, the insider directly owned 29,531 shares of the company’s stock, valued at approximately $2,645,977.60. This represents a 23.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Paul Fipps sold 1,048 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $98.51, for a total value of $103,238.48. Following the sale, the insider directly owned 12,072 shares in the company, valued at approximately $1,189,212.72. This represents a 7.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 28,071 shares of company stock valued at $2,529,956. Corporate insiders own 0.34% of the company’s stock.

Key ServiceNow News

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Software shares are rallying broadly after Nvidia’s Jensen Huang said AI should be a tailwind for software firms, helping ServiceNow lead a sector comeback. ServiceNow Stock (NOW) Extends Rally as Nvidia CEO Jensen Huang Backs Software Firms in AI Era
• Positive Sentiment: News flow around ServiceNow’s AI positioning, including its AWS platform expansion and “agentic AI” narrative, is reinforcing the view that the company can monetize AI rather than be threatened by it. Here is Why ServiceNow (NOW) is One of the Best Future Tech Stocks According to Billionaires
• Positive Sentiment: Recent coverage suggests ServiceNow is being viewed as a beneficiary of the broader software rebound, with traders and analysts seeing more upside after a long stretch of sector weakness. NOW, IBM, software stocks surge as Huang eases AI fears; analysts see more upside
• Neutral Sentiment: Several articles are commentary pieces comparing ServiceNow with peers or discussing the software rally; these help explain sentiment but do not add a new company-specific catalyst. ServiceNow vs. Intuit: Which Technology Stock Is a Better Buy in 2026?
• Neutral Sentiment: Market recap and stock-movers coverage also mention ServiceNow, but the key takeaway is simply that it is participating in the day’s software-led move higher. Stock Movers: MGM Resorts, ServiceNow, GoPro

About ServiceNow

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.