Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of ServiceNow, Inc. (NYSE:NOW)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of ServiceNow, Inc. (NYSE:NOW). In a filing disclosed on December 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in ServiceNow stock on November 7th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
• Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
• Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
• Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.

ServiceNow Stock Performance

Shares of NOW opened at $781.73 on Thursday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.13. ServiceNow, Inc. has a 52-week low of $678.66 and a 52-week high of $1,198.09. The company has a 50-day simple moving average of $865.53 and a 200-day simple moving average of $920.25. The company has a market capitalization of $162.35 billion, a PE ratio of 94.53, a P/E/G ratio of 3.26 and a beta of 0.97.

ServiceNow (NYSE:NOW) last issued its earnings results on Wednesday, October 29th. The information technology services provider reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.12. ServiceNow had a net margin of 13.66% and a return on equity of 18.74%. The company had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.35 billion. During the same period in the prior year, the business posted $0.74 earnings per share. The firm’s revenue for the quarter was up 21.8% compared to the same quarter last year. Equities research analysts predict that ServiceNow, Inc. will post 8.93 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NOW. Kilter Group LLC acquired a new position in shares of ServiceNow in the second quarter valued at approximately $25,000. IAG Wealth Partners LLC grew its stake in ServiceNow by 200.0% in the 3rd quarter. IAG Wealth Partners LLC now owns 27 shares of the information technology services provider’s stock worth $25,000 after acquiring an additional 18 shares during the period. Bogart Wealth LLC grew its stake in ServiceNow by 93.8% in the 3rd quarter. Bogart Wealth LLC now owns 31 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 15 shares during the period. Wealth Watch Advisors INC acquired a new position in ServiceNow in the 3rd quarter valued at $29,000. Finally, Global X Japan Co. Ltd. purchased a new position in shares of ServiceNow during the 2nd quarter worth $30,000. 87.18% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other ServiceNow news, insider Jacqueline P. Canney sold 470 shares of ServiceNow stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $165.42, for a total value of $77,745.52. Following the completion of the sale, the insider owned 15,135 shares in the company, valued at $2,503,571.16. The trade was a 3.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Paul Edward Chamberlain sold 1,500 shares of the stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $161.60, for a total transaction of $242,400.00. Following the transaction, the director owned 47,930 shares in the company, valued at approximately $7,745,488. The trade was a 3.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 15,310 shares of company stock valued at $2,533,585. 0.34% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

NOW has been the subject of several research analyst reports. Guggenheim raised ServiceNow from a “sell” rating to a “neutral” rating in a research note on Tuesday. Morgan Stanley set a $263.00 price target on ServiceNow and gave the company an “overweight” rating in a research report on Thursday, October 30th. Citigroup boosted their price objective on shares of ServiceNow from $246.80 to $250.60 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of ServiceNow in a report on Wednesday, October 8th. Finally, Cowen restated a “buy” rating on shares of ServiceNow in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, ServiceNow presently has an average rating of “Moderate Buy” and a consensus price target of $225.09.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

ServiceNow Company Profile

ServiceNow, Inc provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.