ServiceTitan (NASDAQ:TTAN) CFO David Sherry Sells 833 Shares of Stock

ServiceTitan Inc. (NASDAQ:TTAN) CFO David Sherry sold 833 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $86.20, for a total value of $71,804.60. Following the completion of the transaction, the chief financial officer owned 345,952 shares in the company, valued at approximately $29,821,062.40. The trade was a 0.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

David Sherry also recently made the following trade(s):

• On Tuesday, October 21st, David Sherry sold 853 shares of ServiceTitan stock. The stock was sold at an average price of $96.39, for a total value of $82,220.67.
• On Monday, October 20th, David Sherry sold 833 shares of ServiceTitan stock. The shares were sold at an average price of $93.04, for a total value of $77,502.32.
• On Wednesday, September 17th, David Sherry sold 11,746 shares of ServiceTitan stock. The stock was sold at an average price of $116.04, for a total transaction of $1,363,005.84.

ServiceTitan Stock Up 0.3%

Shares of ServiceTitan stock traded up $0.22 during trading hours on Wednesday, hitting $86.26. The company had a trading volume of 426,855 shares, compared to its average volume of 659,833. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.49 and a quick ratio of 4.49. The company’s 50-day moving average is $99.46 and its two-hundred day moving average is $107.19. The company has a market cap of $8.02 billion and a P/E ratio of -15.97. ServiceTitan Inc. has a twelve month low of $79.81 and a twelve month high of $131.33.

ServiceTitan (NASDAQ:TTAN) last announced 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). ServiceTitan had a negative return on equity of 16.87% and a negative net margin of 26.08%.The company had revenue of $242.12 million for the quarter, compared to analyst estimates of $229.58 million. The company’s quarterly revenue was up 25.5% on a year-over-year basis. ServiceTitan has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Analysts anticipate that ServiceTitan Inc. will post -1.98 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TTAN shares. Needham & Company LLC reissued a “buy” rating and issued a $140.00 target price on shares of ServiceTitan in a research report on Friday, September 5th. Weiss Ratings reissued a “sell (e+)” rating on shares of ServiceTitan in a report on Thursday, November 13th. Canaccord Genuity Group raised their target price on shares of ServiceTitan from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. Robert W. Baird lifted their target price on shares of ServiceTitan from $124.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, September 5th. Finally, Loop Capital upgraded shares of ServiceTitan from a “hold” rating to a “buy” rating and increased their price target for the stock from $100.00 to $140.00 in a research note on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, ServiceTitan currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.

Institutional Trading of ServiceTitan

A number of hedge funds have recently added to or reduced their stakes in the stock. Cloud Capital Management LLC purchased a new stake in shares of ServiceTitan during the third quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. increased its stake 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 buying an additional 392 shares during the period. Whittier Trust Co. purchased a new position in ServiceTitan during the 3rd quarter worth $52,000. Parallel Advisors LLC raised its position in ServiceTitan by 161.7% during the 3rd quarter. Parallel Advisors LLC now owns 526 shares of the company’s stock worth $53,000 after buying an additional 325 shares during the last quarter. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of ServiceTitan in the 2nd quarter worth $79,000.

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.