ServiceTitan Inc. $TTAN Shares Purchased by Quadrature Capital Ltd

Quadrature Capital Ltd increased its holdings in ServiceTitan Inc. (NASDAQ:TTAN) by 624.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 53,949 shares of the company’s stock after acquiring an additional 46,499 shares during the period. Quadrature Capital Ltd owned approximately 0.06% of ServiceTitan worth $5,781,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its stake in shares of ServiceTitan by 1.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,306,168 shares of the company’s stock valued at $219,341,000 after purchasing an additional 32,066 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of ServiceTitan by 1,545.2% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,055,736 shares of the company’s stock worth $195,521,000 after purchasing an additional 1,930,779 shares during the last quarter. Franklin Resources Inc. raised its holdings in ServiceTitan by 148.4% in the 2nd quarter. Franklin Resources Inc. now owns 1,893,237 shares of the company’s stock valued at $202,917,000 after buying an additional 1,131,062 shares during the period. JPMorgan Chase & Co. lifted its position in ServiceTitan by 300,996.1% in the second quarter. JPMorgan Chase & Co. now owns 1,324,823 shares of the company’s stock valued at $141,995,000 after buying an additional 1,324,383 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its position in ServiceTitan by 4.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 909,131 shares of the company’s stock valued at $86,468,000 after buying an additional 38,827 shares during the last quarter.

Insider Buying and Selling

In other news, major shareholder Bessemer Venture Partners Viii sold 492 shares of the business’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $101.33, for a total transaction of $49,854.36. Following the completion of the transaction, the insider directly owned 7,089,795 shares of the company’s stock, valued at approximately $718,408,927.35. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Ara Mahdessian sold 46,542 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $91.40, for a total transaction of $4,253,938.80. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,121,690 shares of company stock worth $126,740,332 in the last quarter. Company insiders own 51.72% of the company’s stock.

ServiceTitan Price Performance

ServiceTitan stock opened at $89.36 on Friday. The firm has a market cap of $8.31 billion and a PE ratio of -16.55. ServiceTitan Inc. has a 52-week low of $79.81 and a 52-week high of $131.33. The company has a quick ratio of 4.49, a current ratio of 4.49 and a debt-to-equity ratio of 0.07. The company’s 50 day moving average is $95.60 and its two-hundred day moving average is $105.80.

ServiceTitan (NASDAQ:TTAN) last posted its quarterly earnings results on Thursday, September 4th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.18 by ($0.40). The business had revenue of $242.12 million during the quarter, compared to analyst estimates of $229.58 million. ServiceTitan had a negative return on equity of 16.87% and a negative net margin of 26.08%.The business’s revenue for the quarter was up 25.5% compared to the same quarter last year. ServiceTitan has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, research analysts expect that ServiceTitan Inc. will post -1.98 EPS for the current fiscal year.

Analyst Ratings Changes

TTAN has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of ServiceTitan in a research report on Tuesday. KeyCorp reaffirmed an “overweight” rating on shares of ServiceTitan in a research report on Friday, November 21st. Canaccord Genuity Group lifted their target price on shares of ServiceTitan from $130.00 to $140.00 and gave the company a “buy” rating in a report on Friday, September 19th. Morgan Stanley upped their price target on ServiceTitan from $109.00 to $118.00 and gave the stock an “equal weight” rating in a research note on Friday, September 5th. Finally, Piper Sandler restated an “overweight” rating and set a $155.00 price target on shares of ServiceTitan in a research report on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, ServiceTitan presently has an average rating of “Moderate Buy” and an average target price of $131.73.

About ServiceTitan

ServiceTitan, Inc engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.