Insider Selling: ServiceTitan (NASDAQ:TTAN) CEO Sells $319,901.40 in Stock

ServiceTitan Inc. (NASDAQ:TTAN) CEO Ara Mahdessian sold 3,038 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $105.30, for a total value of $319,901.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ara Mahdessian also recently made the following trade(s):

• On Thursday, December 11th, Ara Mahdessian sold 42,666 shares of ServiceTitan stock. The stock was sold at an average price of $106.85, for a total value of $4,558,862.10.
• On Wednesday, December 10th, Ara Mahdessian sold 88,525 shares of ServiceTitan stock. The stock was sold at an average price of $107.56, for a total value of $9,521,749.00.
• On Thursday, November 6th, Ara Mahdessian sold 46,542 shares of ServiceTitan stock. The shares were sold at an average price of $91.40, for a total value of $4,253,938.80.
• On Thursday, November 6th, Ara Mahdessian sold 46,542 shares of ServiceTitan stock. The stock was sold at an average price of $91.40, for a total transaction of $4,253,938.80.
• On Wednesday, November 5th, Ara Mahdessian sold 14,263 shares of ServiceTitan stock. The shares were sold at an average price of $91.72, for a total transaction of $1,308,202.36.
• On Wednesday, November 5th, Ara Mahdessian sold 14,263 shares of ServiceTitan stock. The shares were sold at an average price of $91.72, for a total transaction of $1,308,202.36.
• On Monday, October 13th, Ara Mahdessian sold 32,000 shares of ServiceTitan stock. The stock was sold at an average price of $97.85, for a total transaction of $3,131,200.00.

ServiceTitan Trading Up 1.0%

Shares of NASDAQ TTAN opened at $108.64 on Friday. ServiceTitan Inc. has a twelve month low of $79.81 and a twelve month high of $131.33. The stock has a market cap of $10.10 billion and a price-to-earnings ratio of -26.63. The company has a quick ratio of 4.14, a current ratio of 4.14 and a debt-to-equity ratio of 0.07. The company’s fifty day moving average is $95.51 and its 200-day moving average is $103.73.

ServiceTitan (NASDAQ:TTAN) last released its quarterly earnings data on Thursday, December 4th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.09. The business had revenue of $249.16 million during the quarter, compared to analysts’ expectations of $238.26 million. ServiceTitan had a negative net margin of 23.91% and a negative return on equity of 10.96%. The firm’s quarterly revenue was up 25.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.75 EPS. Equities research analysts predict that ServiceTitan Inc. will post -1.98 EPS for the current year.

Institutional Trading of ServiceTitan

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in ServiceTitan by 25.8% in the first quarter. Vanguard Group Inc. now owns 701,060 shares of the company’s stock valued at $66,678,000 after purchasing an additional 143,574 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new position in shares of ServiceTitan during the 1st quarter worth about $7,255,000. T. Rowe Price Investment Management Inc. grew its holdings in shares of ServiceTitan by 4.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 909,131 shares of the company’s stock valued at $86,468,000 after acquiring an additional 38,827 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of ServiceTitan by 1.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,306,168 shares of the company’s stock valued at $219,341,000 after acquiring an additional 32,066 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC increased its position in shares of ServiceTitan by 1,545.2% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,055,736 shares of the company’s stock valued at $195,521,000 after acquiring an additional 1,930,779 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TTAN. BTIG Research started coverage on ServiceTitan in a research report on Tuesday. They issued a “buy” rating and a $130.00 price objective for the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of ServiceTitan in a report on Monday, December 1st. Canaccord Genuity Group increased their price objective 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. Truist Financial set a $130.00 price objective on shares of ServiceTitan in a research report on Tuesday, October 21st. Finally, Piper Sandler reduced their target price on shares of ServiceTitan from $155.00 to $140.00 and set an “overweight” rating for the company in a research note on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $134.25.

More ServiceTitan News

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Canaccord Genuity reaffirmed its Buy rating on ServiceTitan, supporting demand from investors who follow analyst guidance. Canaccord Genuity Reaffirms Buy
• Positive Sentiment: KeyBanc reiterated its Buy rating on TTAN, adding to the cluster of favorable analyst views that can lift demand and support the share rerating. KeyBanc Remains a Buy
• Positive Sentiment: BTIG upgraded TTAN to a “strong-buy” (reported via Zacks), contributing to the short-term bullish momentum from research-driven buyers. BTIG Research Strong-Buy Note (via Zacks)
• Neutral Sentiment: Yahoo Finance published a piece flagging that ServiceTitan may now be trading at a premium after a sharp one‑month rebound — a reminder that elevated analyst enthusiasm increases scrutiny on valuation. Assessing a Premium Valuation
• Negative Sentiment: Insider selling: President Vahe Kuzoyan sold 16,388 shares in mid‑December — a sizeable disposition that markets often interpret as a negative signal on near‑term insider conviction. Vahe Kuzoyan Sells 16,388 Shares
• Negative Sentiment: Additional C‑suite sales: CFO David Sherry, CEO Ara Mahdessian and CAO Michele O’Connor reported sales on Dec. 17 — collectively reducing insider holdings and increasing perceived supply pressure. (SEC filings linked.) CFO/CEO/CAO Form 4 Filings

ServiceTitan Company Profile

ServiceTitan, Inc (NASDAQ: TTAN) is a cloud-based software provider specializing in end-to-end business management solutions for residential and commercial trade contractors. The company’s platform integrates customer relationship management, scheduling and dispatch, mobile workforce management, invoicing, payments and reporting tools into a single suite. By automating key back-office processes, ServiceTitan helps field service businesses improve operational efficiency, enhance customer experience and drive revenue growth.

At the core of ServiceTitan’s offering is a mobile application that allows technicians to access job details, update work orders, capture signatures and process payments from the field.