Dragoneer Investment Group LLC Sells 205,272 Shares of ServiceTitan Inc. $TTAN

Dragoneer Investment Group LLC trimmed its holdings in ServiceTitan Inc. (NASDAQ:TTAN) by 17.0% in the third quarter, Holdings Channel reports. The institutional investor owned 1,000,885 shares of the company’s stock after selling 205,272 shares during the period. ServiceTitan makes up 2.2% of Dragoneer Investment Group LLC’s holdings, making the stock its 13th largest holding. Dragoneer Investment Group LLC’s holdings in ServiceTitan were worth $100,919,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Cloud Capital Management LLC acquired a new stake in ServiceTitan during the third quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. raised its holdings in ServiceTitan by 1,005.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 431 shares of the company’s stock valued at $46,000 after acquiring an additional 392 shares in the last quarter. Whittier Trust Co. acquired a new position in ServiceTitan in the 3rd quarter valued at $52,000. Parallel Advisors LLC lifted its position in shares of ServiceTitan by 161.7% during the 3rd quarter. Parallel Advisors LLC now owns 526 shares of the company’s stock valued at $53,000 after acquiring an additional 325 shares during the period. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of ServiceTitan during the 2nd quarter worth $79,000.

ServiceTitan News Summary

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Q4 results showed continued revenue growth and an EPS beat: revenue ~ $254M (+21% YoY) and reported EPS of $0.27, topping consensus. This supports demand for ServiceTitan’s core platform. Earnings Summary
• Positive Sentiment: Management named Abhishek Mathur as Chief Technology & Product Officer to lead AI‑first product strategy — a strategic hire that could accelerate product differentiation and monetization. Appointment Release
• Neutral Sentiment: Company provided Q1 revenue guidance of roughly $255–257M and FY revenue guidance near ~$1.1B (roughly in line with consensus), reducing surprise risk on top‑line but leaving EPS guidance interpretation mixed. Press Release / Slide Deck
• Neutral Sentiment: Full Q4 earnings call transcript and highlight writeups are available for investors looking for management color on growth, margins and 2027 assumptions. Earnings Call Transcript
• Negative Sentiment: Widespread analyst price‑target cuts and lower/stable ratings pressured sentiment today. Examples include Citigroup cut to $88 (neutral), Canaccord to $105 (buy), Truist to $100 (buy), Morgan Stanley to $118 (overweight), Needham to $100, BMO to $92, Wells Fargo to $115 and KeyCorp to $120 — a net shift toward lower near‑term upside expectations. Analyst Actions
• Negative Sentiment: Despite the top‑line beat, GAAP operating and net losses remain; several notes and market writeups characterize the quarter as “mixed” and flag the firm’s continued unprofitability, which increases short‑term volatility risk. Analysis: Mixed Results
• Negative Sentiment: High insider selling activity and reports of heavy option speculation / trading may amplify downside pressure and volume volatility. Quiver Quant: Trading & Insider Notes

Wall Street Analyst Weigh In

A number of brokerages recently commented on TTAN. Canaccord Genuity Group decreased their price target on ServiceTitan from $140.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday. Truist Financial reduced their price objective on shares of ServiceTitan from $130.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday. BMO Capital Markets decreased their target price on shares of ServiceTitan from $108.00 to $92.00 and set an “outperform” rating on the stock in a report on Friday. KeyCorp dropped their target price on shares of ServiceTitan from $140.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday. Finally, William Blair reaffirmed an “outperform” rating on shares of ServiceTitan in a report on Friday. Sixteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $115.63.

ServiceTitan Price Performance

ServiceTitan stock opened at $70.80 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.14 and a current ratio of 4.14. ServiceTitan Inc. has a 52 week low of $58.01 and a 52 week high of $131.33. The stock has a market capitalization of $6.63 billion, a P/E ratio of -41.16 and a beta of -0.72. The stock has a fifty day moving average of $79.42 and a 200-day moving average of $93.52.

ServiceTitan (NASDAQ:TTAN) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.09. ServiceTitan had a negative return on equity of 6.91% and a negative net margin of 16.64%.The business had revenue of $253.99 million for the quarter, compared to analyst estimates of $245.47 million. During the same period last year, the firm posted $0.12 earnings per share. ServiceTitan’s revenue was up 21.4% compared to the same quarter last year. On average, sell-side analysts expect that ServiceTitan Inc. will post -1.98 earnings per share for the current fiscal year.

Insider Activity at ServiceTitan

In other news, CAO Michele O’connor sold 1,678 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $105.30, for a total value of $176,693.40. Following the sale, the chief accounting officer directly owned 89,571 shares in the company, valued at approximately $9,431,826.30. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Vahe Kuzoyan sold 16,388 shares of ServiceTitan stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $102.82, for a total transaction of $1,685,014.16. The SEC filing for this sale provides additional information. Insiders sold a total of 85,180 shares of company stock worth $8,620,383 over the last three months. 51.72% of the stock is owned by insiders.

About ServiceTitan

ServiceTitan, Inc (NASDAQ: TTAN) is a cloud-based software provider specializing in end-to-end business management solutions for residential and commercial trade contractors. The company’s platform integrates customer relationship management, scheduling and dispatch, mobile workforce management, invoicing, payments and reporting tools into a single suite. By automating key back-office processes, ServiceTitan helps field service businesses improve operational efficiency, enhance customer experience and drive revenue growth.

At the core of ServiceTitan’s offering is a mobile application that allows technicians to access job details, update work orders, capture signatures and process payments from the field.