ServiceNow, Inc. (NYSE: NOW) was reduced by Greenleaf Trust »IMS

Publisher Jon Anderson Yes September 20, 2021

The US Securities and Exchange Commission announced last time that Greenleaf Trust cut its position in ServiceNow, Inc. (NYSE: NOW) shares by 20.0% in the second quarter. After the fund sold 431 shares during the reporting period, it held 1.283 shares of the IT service provider. ServiceNow held by Greenleaf Trust is US$786,030 since the last filing with the US Securities and Exchange Commission.

Several other institutional investors have recently increased or reduced their holdings in the company. Parallel Advisors LLC increased its position in ServiceNow stock by 0.3% in the second quarter. Parallel Advisors LLC now owns 5,841 shares of this information technology services company. After purchasing 19 shares in the most recent quarter, its value is 3,250,040 shares. Glassman Wealth Services increased its position in ServiceNow stock in the second quarter, which rose 13.3%. Glassman Wealth Services now owns 210 shares of the information technology services company, which are valued at $85,040 after purchasing 19 shares last quarter. Delta Investment Management LLC ServiceNow shares rose 4.3% in the second quarter. Delta Investment Management LLC now owns 485 shares of this information technology services company, which are valued at US$250,050 after purchasing 24 additional shares last quarter. Lloyd Consulting Services LLC. In the second quarter, its position in ServiceNow stock increased by 43.8%. Lloyd Consulting Services LLC. It now owns 61 shares of an information technology service company, which is worth US$36,040 after increasing its holdings of 26 shares last quarter. Finally, Prime Capital Investment Advisors LLC increased its position in ServiceNow stock by 31.9% in the first quarter. Prime Capital Investment Advisors LLC now owns 74 shares of the information technology services company, after purchasing an additional 22 shares last quarter, valued at $48,040. Institutional investors and hedge funds hold 85.42% of the company’s shares.

NOW has become the subject of many recent analyst reports. Needham & Company LLC set a target price for ServiceNow stock at US$587.03 to US$646.04 and announced the company in a research report on Thursday, July 29. Morgan Stanley raised its target price for ServiceNow stock from $651. The price of 000 is $681.04, and the company was evaluated in a research report on Thursday, July 30. BMO Capital Markets raised its target price for ServiceNow stock from $587.00 to $650.00 and announced the company in a research report on Thursday, July 30. Stifel Nicolaus has a target price of US$575.00 to US$650.00 for ServiceNow stock and announced the company in a research report on Thursday, July 29. Finally, UBS raised its target price for ServiceNow stock from $625.00 to $650.00 and announced the company in a research report on Thursday, July 29. Two analysts gave the stock a hold rating, 29 analysts gave it a buy rating, and one analyst gave a strong buy rating. According to IMS data, the company’s current average rating is “Buy” and the average target price is US$625.20.

NOW’s stock price opened on Friday at $662,0000. The company’s market value is 97.89 billion US dollars, PE Ratio 681.06, PEG Ratio 07/20, Beta 0.92. The company’s 50-day moving average is US$625.85, and its 210-day moving average is US$625.85 and US$553.61. The company’s debt-to-equity ratio is 0.50, the fast ratio is 1.08, and the current ratio is 1.06. ServiceNow, Inc.’s 12-month low is $431.74 and the 12-month high is $681.10.

ServiceNow (NYSE: NOW) last released quarterly earnings data on Wednesday, July 29, Eastern Time. The information technology services company reported earnings per share of US$1.36 for the quarter, an increase of US$1.22 from the consensus estimate of US$0.16. The company’s sales are $1. This quarter was 36 billion U.S. dollars, and analysts estimated it to be 1 U.S. dollars. 31 billion. ServiceNow’s net profit margin is 3.26%, and the return on equity is 9. 10%. On average, sell-side analysts expect ServiceNow, Inc.’s earnings per share for the fiscal year to be 1.36.

In other ServiceNow news, director Frederic B. Luddy sold 16,442 shares in trading on Wednesday, July 7. The average price of the stock is US$485.08, and the total trading volume is US$9,250,162,000. The sale was announced in a document filed with the SEC, which can be found on the SEC website. Chief Financial Officer Gina Mastantuono also sold 4,516 shares of the stock in trading on Monday, August 2. The average stock price is US$575.85 and the total value is US$2,681,651.16. After the transaction is completed, the chief financial officer now owns 1,485 shares of the company, valued at approximately US$786,210.26. The disclosure of this sale can be found here. In the past ninety days, insiders sold 34,350 shares of the company’s stock worth $19,400,568. Insiders own 0.34% of the company’s shares.

ServiceNow company profile

ServiceNow, Inc. is committed to providing cloud computing solutions for enterprises. The company provides digital workflows on a single enterprise cloud platform called Now Platform. The product portfolio focuses on providing information technology, employee and customer workflows. It provides solutions for the government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer goods industries.

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