Banque Transatlantique SA Increases Holdings in ServiceNow, Inc. $NOW

Banque Transatlantique SA increased its stake in ServiceNow, Inc. (NYSE:NOW) by 134.9% during the third quarter, according to its most recent filing with the SEC. The fund owned 17,524 shares of the information technology services provider’s stock after buying an additional 10,063 shares during the quarter. Banque Transatlantique SA’s holdings in ServiceNow were worth $16,104,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in ServiceNow in the second quarter worth about $2,589,235,000. Vanguard Group Inc. increased its stake in shares of ServiceNow by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 19,895,063 shares of the information technology services provider’s stock worth $20,453,716,000 after purchasing an additional 398,071 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of ServiceNow by 105.1% during the 2nd quarter. Corient Private Wealth LLC now owns 668,630 shares of the information technology services provider’s stock worth $684,355,000 after purchasing an additional 342,613 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of ServiceNow by 49.3% in the 3rd quarter. Victory Capital Management Inc. now owns 1,033,496 shares of the information technology services provider’s stock worth $951,106,000 after purchasing an additional 341,037 shares during the period. Finally, American Century Companies Inc. lifted its stake in ServiceNow by 109.6% in the second quarter. American Century Companies Inc. now owns 394,261 shares of the information technology services provider’s stock valued at $405,332,000 after purchasing an additional 206,175 shares during the last quarter. Institutional investors own 87.18% of the company’s stock.

Insider Buying and Selling at ServiceNow

In other news, insider Kevin Thomas Mcbride sold 1,400 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $105.71, for a total value of $147,994.00. Following the transaction, the insider owned 26,314 shares in the company, valued at $2,781,652.94. This represents a 5.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Paul Edward Chamberlain sold 1,500 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $101.17, for a total transaction of $151,755.00. Following the completion of the transaction, the director owned 46,430 shares in the company, valued at $4,697,323.10. The trade was a 3.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 16,237 shares of company stock worth $1,697,162. Insiders own 0.34% of the company’s stock.

ServiceNow News Roundup

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: ServiceNow announced new AI partnerships (Aiva Health, Cohesity, Prismforce) aimed at regulated, mission‑critical workflows (healthcare bedside voice AI, resilient data agents, workforce intelligence). These deals support revenue diversification into regulated verticals and bolster ServiceNow’s enterprise AI positioning. ServiceNow AI Partnerships Test Mission Critical Role In Regulated Workflows
• Positive Sentiment: A Seeking Alpha piece argues ServiceNow’s enterprise “stickiness” and embedded workflows should protect recurring revenue after AI integration, supporting a longer‑term view on retention and upsell potential. ServiceNow: Enterprise Stickiness Will Not Be Threatened After AI Integration
• Neutral Sentiment: Vendors across identity verification are moving into high‑assurance solutions—an adjacent trend that could increase demand for secure, regulated workflow platforms but also brings new competitors and standards to navigate. Vendors push deeper into high assurance identity verification
• Neutral Sentiment: Analysis highlighting Salesforce’s data moat underscores competitive pressures in enterprise workflow software—an industry context investors watch when sizing ServiceNow’s defensibility versus larger incumbents. Biel: Salesforce’s transaction data gives it real competitive protection
• Negative Sentiment: An investor letter from Emerald Wealth Partners flagged AI disruption concerns specifically hurting ServiceNow, signaling that some institutional investors are trimming exposure amid uncertainty over how AI will alter demand and margins. AI Disruption Concerns Hurt ServiceNow (NOW)
• Negative Sentiment: ServiceNow CEO Bill McDermott warned that AI agents could materially change labor markets and corporate hiring/cost dynamics—comments that reinforce investor worries about demand volatility and cost‑cutting cycles across customers. AI agents could easily send college grad unemployment over 30%, ServiceNow CEO says
• Negative Sentiment: Sector weakness showed in UiPath’s post‑earnings drop, illustrating how AI fears and execution misses can depress multiples across automation and workflow software — a headwind for ServiceNow’s valuation in the near term. UiPath Stock Drops After Earnings. Why the Software Play Can’t Outrun AI Fears.

ServiceNow Stock Performance

Shares of NYSE:NOW opened at $113.51 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $119.25 and a 200-day moving average price of $155.36. The company has a market cap of $118.73 billion, a price-to-earnings ratio of 68.05, a price-to-earnings-growth ratio of 1.91 and a beta of 0.99. ServiceNow, Inc. has a 12 month low of $98.00 and a 12 month high of $211.48.

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

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on NOW. HSBC lowered their price target on shares of ServiceNow from $266.40 to $226.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Stifel Nicolaus set a $180.00 price objective on shares of ServiceNow and gave the company a “buy” rating in a research note on Thursday, January 29th. Robert W. Baird set a $175.00 target price on shares of ServiceNow in a report on Thursday, January 29th. Oppenheimer restated an “outperform” rating and set a $175.00 target price (down from $200.00) on shares of ServiceNow in a research report on Wednesday, January 21st. Finally, Evercore reaffirmed an “outperform” rating and issued a $175.00 price target (down from $225.00) on shares of ServiceNow in a report on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, ServiceNow presently has an average rating of “Moderate Buy” and a consensus target price of $192.06.

ServiceNow Company 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.