Rep. Robert Bresnahan, Jr. Buys ServiceTitan Inc. (NASDAQ:TTAN) Stock

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of ServiceTitan Inc. (NASDAQ:TTAN). In a filing disclosed on July 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in ServiceTitan stock on June 11th.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Zoom Communications (NASDAQ:ZM) on 6/25/2025.
• Purchased $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 6/24/2025.
• Purchased $1,001 – $15,000 in shares of Circle Internet Group (NYSE:CRCL) on 6/24/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/23/2025.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 6/13/2025.
• Sold $1,001 – $15,000 in shares of Atlassian (NASDAQ:TEAM) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of Datadog (NASDAQ:DDOG) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of GitLab (NASDAQ:GTLB) on 6/11/2025.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 6/11/2025.

ServiceTitan Stock Performance

NASDAQ:TTAN opened at $114.09 on Friday. The company has a quick ratio of 4.82, a current ratio of 4.82 and a debt-to-equity ratio of 0.07. ServiceTitan Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $131.33. The stock’s 50-day moving average is $112.32 and its two-hundred day moving average is $105.07.

ServiceTitan (NASDAQ:TTAN) last announced its quarterly earnings results on Thursday, June 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.06. The firm had revenue of $215.69 million for the quarter, compared to analyst estimates of $208.61 million. The company’s revenue for the quarter was up 26.6% on a year-over-year basis. Sell-side analysts anticipate that ServiceTitan Inc. will post -1.98 earnings per share for the current year.

Hedge Funds Weigh In On ServiceTitan

A number of institutional investors and hedge funds have recently bought and sold shares of the business. SBI Securities Co. Ltd. acquired a new position in shares of ServiceTitan during the fourth quarter valued at $26,000. Harbor Investment Advisory LLC acquired a new position in shares of ServiceTitan during the first quarter valued at $31,000. LRI Investments LLC acquired a new position in shares of ServiceTitan during the first quarter valued at $58,000. Assetmark Inc. acquired a new position in shares of ServiceTitan during the fourth quarter valued at $67,000. Finally, FIL Ltd acquired a new position in shares of ServiceTitan during the fourth quarter valued at $67,000.

Insider Transactions at ServiceTitan

In other news, Director William J.G. Griffith sold 90,917 shares of the company’s stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $109.99, for a total transaction of $9,999,960.83. Following the transaction, the director owned 483,635 shares of the company’s stock, valued at $53,195,013.65. This represents a 15.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Bessemer Venture Partners Viii sold 500,000 shares of the company’s stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $102.00, for a total value of $51,000,000.00. Following the transaction, the insider directly owned 8,503,571 shares in the company, valued at $867,364,242. This trade represents a 5.55% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,378,143 shares of company stock worth $146,514,872. 51.72% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. TD Securities boosted their target price on ServiceTitan from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, May 21st. Cowen reiterated a “buy” rating on shares of ServiceTitan in a report on Wednesday, May 21st. TD Cowen assumed coverage on ServiceTitan in a report on Tuesday, April 8th. They set a “buy” rating and a $120.00 price target for the company. Loop Capital reiterated a “hold” rating and set a $100.00 price target (up from $90.00) on shares of ServiceTitan in a report on Friday, June 6th. Finally, Stifel Nicolaus upped their price target on ServiceTitan from $110.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, May 30th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $122.21.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.