Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of ServiceNow, Inc. (NYSE:NOW). In a filing disclosed on May 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in ServiceNow stock on May 14th.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 5/16/2025.
- Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Impinj (NASDAQ:PI) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Corning (NYSE:GLW) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Cardinal Health (NYSE:CAH) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 5/14/2025.
- Purchased $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 5/14/2025.
- Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 5/14/2025.
ServiceNow Stock Performance
Shares of ServiceNow stock opened at $1,020.53 on Wednesday. The firm has a fifty day moving average of $871.37 and a two-hundred day moving average of $974.45. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market capitalization of $211.25 billion, a price-to-earnings ratio of 149.42, a PEG ratio of 4.51 and a beta of 0.97. ServiceNow, Inc. has a 52 week low of $637.99 and a 52 week high of $1,198.09.
ServiceNow declared that its Board of Directors has initiated a share repurchase plan on Wednesday, January 29th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the information technology services provider to purchase up to 1.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.
Wall Street Analysts Forecast Growth
NOW has been the subject of several research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $1,050.00 price target on shares of ServiceNow in a research note on Tuesday, May 6th. Canaccord Genuity Group decreased their target price on shares of ServiceNow from $1,275.00 to $900.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Stifel Nicolaus lifted their target price on ServiceNow from $975.00 to $1,050.00 and gave the company a “buy” rating in a research report on Tuesday, May 6th. UBS Group reissued a “buy” rating and set a $1,025.00 price target (up from $900.00) on shares of ServiceNow in a research report on Thursday, April 24th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $1,003.00 price target on shares of ServiceNow in a research note on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,062.50.
Insider Transactions at ServiceNow
In other news, CFO Gina Mastantuono sold 4,442 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $964.70, for a total value of $4,285,197.40. Following the transaction, the chief financial officer now owns 11,126 shares in the company, valued at approximately $10,733,252.20. This trade represents a 28.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Vice Chairman Nicholas Tzitzon sold 2,945 shares of ServiceNow stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $923.72, for a total value of $2,720,355.40. Following the completion of the sale, the insider now owns 3,649 shares in the company, valued at approximately $3,370,654.28. This represents a 44.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,061 shares of company stock valued at $9,515,766. 0.38% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On ServiceNow
Institutional investors and hedge funds have recently made changes to their positions in the business. Bogart Wealth LLC lifted its position in shares of ServiceNow by 113.3% during the first quarter. Bogart Wealth LLC now owns 32 shares of the information technology services provider’s stock valued at $25,000 after purchasing an additional 17 shares in the last quarter. Graybill Wealth Management LTD. bought a new stake in shares of ServiceNow in the first quarter valued at approximately $26,000. Quarry LP bought a new position in shares of ServiceNow in the fourth quarter worth $27,000. Atala Financial Inc purchased a new stake in shares of ServiceNow in the fourth quarter worth about $28,000. Finally, WASHINGTON TRUST Co increased its holdings in shares of ServiceNow by 620.0% in the first quarter. WASHINGTON TRUST Co now owns 36 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 31 shares during the period. Institutional investors own 87.18% of the company’s stock.
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.
About ServiceNow
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.
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