Everhart Financial Group Inc. Has $1.54 Million Holdings in ServiceNow, Inc. $NOW

Everhart Financial Group Inc. increased its position in ServiceNow, Inc. (NYSE:NOW) by 428.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,031 shares of the information technology services provider’s stock after purchasing an additional 8,132 shares during the quarter. Everhart Financial Group Inc.’s holdings in ServiceNow were worth $1,537,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Central Pacific Bank Trust Division grew its position in ServiceNow by 193.7% in the fourth quarter. Central Pacific Bank Trust Division now owns 11,950 shares of the information technology services provider’s stock valued at $1,831,000 after acquiring an additional 7,881 shares during the period. Sage Capital Advisors llc raised its stake in ServiceNow by 400.8% during the fourth quarter. Sage Capital Advisors llc now owns 21,097 shares of the information technology services provider’s stock worth $3,232,000 after acquiring an additional 16,884 shares in the last quarter. WealthCare Investment Partners LLC lifted its holdings in shares of ServiceNow by 372.6% during the fourth quarter. WealthCare Investment Partners LLC now owns 8,620 shares of the information technology services provider’s stock valued at $1,271,000 after acquiring an additional 6,796 shares during the period. RDA Financial Network bought a new position in shares of ServiceNow during the fourth quarter valued at $1,601,000. Finally, Chemistry Wealth Management LLC boosted its stake in shares of ServiceNow by 415.1% in the 4th quarter. Chemistry Wealth Management LLC now owns 1,535 shares of the information technology services provider’s stock valued at $235,000 after purchasing an additional 1,237 shares in the last quarter. Institutional investors own 87.18% of the company’s stock.

Insider Activity

In related news, insider Paul Fipps sold 3,696 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $101.77, for a total value of $376,141.92. Following the transaction, the insider owned 8,061 shares in the company, valued at $820,367.97. This trade represents a 31.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul Edward Chamberlain sold 1,500 shares of ServiceNow stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $101.17, for a total value of $151,755.00. Following the completion of the sale, the director owned 46,430 shares of the company’s stock, valued at approximately $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 ninety days, insiders sold 16,237 shares of company stock valued at $1,697,162. Company insiders own 0.34% of the company’s stock.

Key Stories Impacting ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Analyst upgrade and new AI partnerships lift outlook — an upgrade to Outperform and announcements of AI partnerships that broaden sales channels and address AI reliability have given investors a clearer growth/valuation story and helped spark buying interest. A Look At ServiceNow (NOW) Valuation After Analyst Upgrade And New AI Partnerships
• Positive Sentiment: Recent fundamentals support the recovery case — ServiceNow beat Q4 consensus on EPS and revenue, with revenue up ~20.7% year-over-year and improving margins, giving analysts data to justify upgraded ratings and reinforcing the growth narrative. (Earnings release: Jan. 28)
• Positive Sentiment: Product-market tailwinds from AI in ITSM — coverage of the top AI features for ITSM highlights demand for automation, observability and GenAI features that align with ServiceNow’s product strategy, supporting longer-term revenue opportunities if execution continues. Want to improve ITSM workflows and efficiencies? Here are the top 5 AI features to look for
• Neutral Sentiment: Local talent pipeline news is incrementally relevant — a county IT training expansion (Loudoun) could modestly help the regional talent pool for ITSM deployments but is not a direct revenue driver for NOW. Loudoun Learners Complete First Year, County Looks to Expand IT Training Program
• Neutral Sentiment: Increased attention but mixed sentiment — retail and analyst coverage (Zacks, other trending pieces) shows higher interest in NOW shares, but recent returns have been volatile, so elevated attention can amplify moves in either direction. ServiceNow, Inc. (NOW) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Competitive/AI risk callouts are a headwind — commentary from a Cohesity executive arguing AI can erode revenues at vendors like ServiceNow and Splunk underscores a real risk: customers can shift to new AI-enabled tooling or lower-cost automation, pressuring growth and multiples if ServiceNow’s product differentiation weakens. Cohesity CIO Shows How AI Can Eat Into Revenues of ServiceNow, Splunk

ServiceNow Price Performance

Shares of NOW stock opened at $110.39 on Friday. ServiceNow, Inc. has a 1 year low of $98.00 and a 1 year high of $211.48. The firm’s 50 day moving average is $115.92 and its 200-day moving average is $153.03. The firm has a market capitalization of $115.46 billion, a price-to-earnings ratio of 66.18, a PEG ratio of 1.92 and a beta of 0.99. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.12.

ServiceNow (NYSE:NOW) last issued its quarterly earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. ServiceNow had a net margin of 13.16% and a return on equity of 18.54%. The business had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.53 billion. During the same quarter last year, the business posted $0.73 earnings per share. ServiceNow’s revenue for the quarter was up 20.7% compared to the same quarter last year. Sell-side analysts forecast that ServiceNow, Inc. will post 8.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on NOW shares. HSBC dropped their target price on shares of ServiceNow from $266.40 to $226.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Guggenheim raised shares of ServiceNow from a “sell” rating to a “neutral” rating in a research note on Tuesday, December 16th. Robert W. Baird set a $175.00 price objective on shares of ServiceNow in a report on Thursday, January 29th. Wall Street Zen cut shares of ServiceNow from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, The Goldman Sachs Group set a $216.00 target price on ServiceNow in a report on Monday, February 2nd. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $192.61.

About ServiceNow

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.