Aptus Capital Advisors LLC Sells 220,013 Shares of ServiceNow, Inc. $NOW

Aptus Capital Advisors LLC cut its stake in ServiceNow, Inc. (NYSE:NOW) by 80.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,771 shares of the information technology services provider’s stock after selling 220,013 shares during the quarter. Aptus Capital Advisors LLC’s holdings in ServiceNow were worth $49,484,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Kilter Group LLC acquired a new stake in ServiceNow during the second quarter worth approximately $25,000. IAG Wealth Partners LLC grew its position in shares of ServiceNow by 200.0% in the third quarter. IAG Wealth Partners LLC now owns 27 shares of the information technology services provider’s stock valued at $25,000 after purchasing an additional 18 shares during the last quarter. Bogart Wealth LLC increased its stake in shares of ServiceNow by 93.8% during the third quarter. Bogart Wealth LLC now owns 31 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 15 shares during the period. Total Investment Management Inc. acquired a new stake in ServiceNow during the 2nd quarter worth approximately $31,000. Finally, Albion Financial Group UT boosted its stake in ServiceNow by 78.9% in the 3rd quarter. Albion Financial Group UT now owns 34 shares of the information technology services provider’s stock valued at $31,000 after purchasing an additional 15 shares during the period. Institutional investors and hedge funds own 87.18% of the company’s stock.

Insider Activity at ServiceNow

In other news, insider Kevin Thomas Mcbride sold 1,400 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $105.71, for a total value of $147,994.00. Following the completion of the transaction, the insider owned 26,314 shares of the company’s stock, valued at approximately $2,781,652.94. This represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul Edward Chamberlain sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $101.17, for a total transaction of $151,755.00. Following the completion of the sale, the director owned 46,430 shares in the company, valued at approximately $4,697,323.10. The trade was a 3.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 16,237 shares of company stock valued at $1,697,162 over the last ninety days. 0.34% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

NOW has been the topic of several recent research reports. KeyCorp lowered their price objective on ServiceNow from $155.00 to $115.00 and set an “underweight” rating on the stock in a research report on Thursday, January 29th. Capital One Financial decreased their price target on shares of ServiceNow from $188.00 to $161.00 and set an “overweight” rating on the stock in a research note on Friday, January 16th. Canaccord Genuity Group set a $200.00 price target on shares of ServiceNow in a research report on Thursday, January 29th. Citigroup lifted their price objective on shares of ServiceNow from $235.00 to $237.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Finally, Stifel Nicolaus set a $180.00 target price on shares of ServiceNow and gave the stock a “buy” rating in a research report on Thursday, January 29th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $192.06.

ServiceNow Stock Performance

Shares of NYSE:NOW opened at $120.52 on Friday. The company’s 50 day simple moving average is $123.48 and its 200 day simple moving average is $157.84. The stock has a market capitalization of $126.06 billion, a price-to-earnings ratio of 72.25, a price-to-earnings-growth ratio of 1.92 and a beta of 0.99. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.00 and a quick ratio of 1.00. ServiceNow, Inc. has a 1 year low of $98.00 and a 1 year high of $211.48.

ServiceNow (NYSE:NOW) last released its earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.03. ServiceNow had a return on equity of 18.54% and a net margin of 13.16%.The firm had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.53 billion. During the same period in the prior year, the company earned $0.73 earnings per share. The company’s quarterly revenue was up 20.7% on a year-over-year basis. As a group, research analysts predict that ServiceNow, Inc. will post 8.93 EPS for the current fiscal year.

Trending Headlines about ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Major M&A expands AI/security footprint — ServiceNow is buying Israeli AI/security assets as part of an acquisition push (including the high‑profile Armis deal), signaling accelerated capability buildup and inorganic growth that investors view favorably. Cloud Stocks: ServiceNow Goes On An Acquisition Spree In Israel
• Positive Sentiment: New government / enterprise AI products — At its Government Forum ServiceNow unveiled EmployeeWorks (integrating Moveworks conversational AI) and other trusted‑AI solutions for mission-critical public‑sector workflows, strengthening enterprise adoption narratives. ServiceNow powers government reinvention with trusted AI
• Positive Sentiment: New AI product launch (Autonomous Workforce) creates monetization runway — ServiceNow’s Autonomous Workforce product positions the company to sell specialized AI agents that complete enterprise work, expanding addressable market and upsell opportunities. ServiceNow, Inc. (NOW) Launches New Autonomous Workforce
• Positive Sentiment: Commercial traction with telecom partners — A deployment with NTT DOCOMO and StarHub to improve roaming via ServiceNow AI is a tangible enterprise win that supports near‑term revenue proof points for AI workflow adoption. ServiceNow, NTT DOCOMO, StarHub Join Forces
• Positive Sentiment: Technical/market momentum — Chart analysts point to a double‑bottom breakout and momentum shift that has attracted dip buyers; combined with broader “AI selloff may have overshot” sentiment, this is fueling short‑term buying interest. ServiceNow (NOW) Price Forecast: Double Bottom Signals Trend Shift
• Neutral Sentiment: Identity/security ecosystem integration — 1Kosmos announced step‑up identity verification for ServiceNow help‑desk and sensitive change workflows; useful for customers but likely a modest near‑term revenue impact. 1Kosmos Brings Step‑Up Identity Verification to ServiceNow
• Neutral Sentiment: Elevated investor attention and conference activity — Coverage, searches, and the Morgan Stanley presentation keep the stock in focus; these amplify moves but aren’t a direct fundamental driver. Investors Heavily Search ServiceNow, Inc. (NOW)

ServiceNow Profile

ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.

The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.