CGN Advisors LLC Acquires 10,557 Shares of ServiceNow, Inc. $NOW

CGN Advisors LLC boosted its holdings in shares of ServiceNow, Inc. (NYSE:NOW) by 428.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,022 shares of the information technology services provider’s stock after buying an additional 10,557 shares during the quarter. CGN Advisors LLC’s holdings in ServiceNow were worth $1,995,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Grant Private Wealth Management Inc increased its holdings in shares of ServiceNow by 389.4% during the 4th quarter. Grant Private Wealth Management Inc now owns 12,220 shares of the information technology services provider’s stock valued at $1,872,000 after acquiring an additional 9,723 shares during the last quarter. Union Bancaire Privee UBP SA lifted its holdings in ServiceNow by 444.9% in the 4th quarter. Union Bancaire Privee UBP SA now owns 321,331 shares of the information technology services provider’s stock worth $46,834,000 after purchasing an additional 262,362 shares during the last quarter. GAMMA Investing LLC boosted its position in ServiceNow by 369.1% during the fourth quarter. GAMMA Investing LLC now owns 19,474 shares of the information technology services provider’s stock worth $2,983,000 after purchasing an additional 15,323 shares during the period. Jacobs & Co. CA boosted its position in ServiceNow by 477.3% during the fourth quarter. Jacobs & Co. CA now owns 60,245 shares of the information technology services provider’s stock worth $9,228,000 after purchasing an additional 49,809 shares during the period. Finally, Boltwood Capital Management grew its holdings in ServiceNow by 433.2% during the fourth quarter. Boltwood Capital Management now owns 1,941 shares of the information technology services provider’s stock valued at $297,000 after purchasing an additional 1,577 shares during the last quarter. 87.18% of the stock is currently owned by institutional investors.

ServiceNow News Summary

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: BNP Paribas upgraded ServiceNow to Outperform and set a $140 price target, citing the company’s expanding AI positioning — a catalyst that has driven earlier session gains. ServiceNow (NOW) Gets Upgraded to Outperform From Neutral by BNP Paribas
• Positive Sentiment: ServiceNow is accelerating AI adoption through partnerships (Microsoft, OpenAI and others), which management and analysts say is boosting enterprise deal activity and revenue outlook. That supports the company’s long-term growth thesis. ServiceNow Expands AI Reach via Partnerships: More Upside Ahead?
• Positive Sentiment: ServiceNow and Cohesity announced a strategic alliance to provide resilient recovery for AI agents and mission-critical workflows — a product tie-up that can deepen enterprise stickiness and address customer concerns about AI reliability. Cohesity and ServiceNow Deliver Real-Time Recovery for Enterprise AI Agents
• Neutral Sentiment: Zacks and Yahoo pieces note that NOW is a “trending” stock — useful background on investor attention but not new fundamental news. ServiceNow, Inc. (NOW) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Broader industry commentary (Snowflake CEO interview; debates about AI-driven unemployment) is keeping AI narratives in focus but is peripheral to NOW’s near-term earnings execution. Sridhar Ramaswamy, Snowflake CEO: A Fortt Knox Update
• Negative Sentiment: An article in The Information highlights a Cohesity CIO argument that AI-driven products could cannibalize revenues for vendors like ServiceNow and Splunk — a direct competitive-risk narrative that can pressure multiples if investors believe AI accelerates vendor disintermediation. Cohesity CIO Shows How AI Can Eat Into Revenues of ServiceNow, Splunk
• Negative Sentiment: Separately, internal warnings from executives about AI-driven disruption (e.g., public comments about job impacts) feed cautious sentiment and could amplify volatility as investors reassess structural risks to enterprise spending patterns. ServiceNow CEO delivers a troubling AI warning to new grads

Insider Buying and Selling

In other news, Director Paul Edward Chamberlain sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $101.17, for a total value of $151,755.00. Following the sale, the director directly owned 46,430 shares in the company, valued at approximately $4,697,323.10. This represents a 3.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Paul Fipps sold 9,641 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $105.93, for a total value of $1,021,271.13. Following the completion of the transaction, the insider directly owned 11,757 shares of the company’s stock, valued at approximately $1,245,419.01. The trade was a 45.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 16,237 shares of company stock valued at $1,697,162 over the last quarter. Corporate insiders own 0.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on NOW shares. TD Cowen dropped their price target on shares of ServiceNow from $200.00 to $185.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. Arete Research set a $200.00 price objective on shares of ServiceNow in a report on Tuesday, January 6th. Stifel Nicolaus set a $180.00 target price on shares of ServiceNow and gave the company a “buy” rating in a research note on Thursday, January 29th. Guggenheim upgraded shares of ServiceNow from a “sell” rating to a “neutral” rating in a report on Tuesday, December 16th. Finally, UBS Group set a $115.00 price target on shares of ServiceNow in a report on Thursday, January 29th. 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $192.61.

ServiceNow Trading Down 0.5%

Shares of ServiceNow stock opened at $113.19 on Friday. ServiceNow, Inc. has a 52-week low of $98.00 and a 52-week high of $211.48. The firm has a market capitalization of $118.40 billion, a PE ratio of 67.86, 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. The company’s fifty day moving average price is $116.55 and its two-hundred day moving average price is $153.54.

ServiceNow (NYSE:NOW) last released its quarterly earnings data on Wednesday, January 28th. The information technology services provider reported $0.92 EPS for the quarter, topping 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 company had revenue of $3.57 billion during the quarter, compared to the consensus estimate of $3.53 billion. During the same period last year, the firm earned $0.73 EPS. The firm’s revenue for the quarter was up 20.7% compared to the same quarter last year. On average, analysts expect that ServiceNow, Inc. will post 8.93 EPS for the current year.

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.