ServiceTitan Inc. $TTAN Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC decreased its position in ServiceTitan Inc. (NASDAQ:TTAN) by 97.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,871 shares of the company’s stock after selling 819,243 shares during the period. CIBC Private Wealth Group LLC’s holdings in ServiceTitan were worth $2,407,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in ServiceTitan by 538.4% in the 3rd quarter. Vanguard Group Inc. now owns 4,429,930 shares of the company’s stock valued at $446,670,000 after purchasing an additional 3,735,968 shares in the last quarter. Truist Financial Corp increased its position in ServiceTitan by 84.3% during the 3rd quarter. Truist Financial Corp now owns 42,789 shares of the company’s stock worth $4,314,000 after purchasing an additional 19,577 shares during the period. Thornburg Investment Management Inc. purchased a new position in shares of ServiceTitan during the 3rd quarter worth approximately $8,338,000. Sandhill Capital Partners LLC purchased a new position in shares of ServiceTitan during the 3rd quarter worth approximately $27,062,000. Finally, Rakuten Investment Management Inc. acquired a new stake in shares of ServiceTitan in the 3rd quarter valued at approximately $5,376,000.

Insider Activity

In other news, CEO Ara Mahdessian sold 2,288 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $69.86, for a total value of $159,839.68. Following the completion of the transaction, the chief executive officer owned 1 shares of the company’s stock, valued at $69.86. The trade was a 99.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Michele O’connor sold 5,154 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $69.86, for a total transaction of $360,058.44. Following the transaction, the chief accounting officer directly owned 84,416 shares in the company, valued at $5,897,301.76. The trade was a 5.75% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 77,806 shares of company stock valued at $6,876,630. 51.72% of the stock is owned by corporate insiders.

ServiceTitan News Summary

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Q4 results beat — ServiceTitan reported EPS of $0.27 vs. $0.18 est. and revenue of $253.99M (≈21% YoY growth), a near‑term fundamental positive that supports the outlook. MarketBeat TTAN
• Positive Sentiment: Analyst bullish note — Seeking Alpha reiterated a “Buy,” arguing margin improvements and a lower valuation after the pullback make TTAN appealing for long‑term investors. Seeking Alpha
• Neutral Sentiment: Valuation / volatility review — Coverage notes the recent share-price pullback lowers forward multiples but also highlights near‑term growth uncertainty; mixed implications for value vs. growth investors. Yahoo Finance Valuation
• Negative Sentiment: Price‑target cuts — Truist and other brokers trimmed targets after Q4 (and some firms have lowered expectations broadly), which can cap near‑term upside and weigh on multiple expansion. Truist / Yahoo
• Negative Sentiment: Significant insider selling — multiple senior executives sold shares on March 18: CFO David Sherry (~17,778 shs), CAO Michele O’Connor (~5,154 shs), CEO Ara Mahdessian (~2,288 shs) and President Vahe Kuzoyan (~3,220 shs). Large officer sales and the near‑zero retained direct holdings reported for some officers are likely amplifying investor concern. CFO Form 4 CAO Form 4 CEO Form 4 President Form 4

ServiceTitan Stock Down 1.1%

Shares of NASDAQ:TTAN opened at $67.74 on Friday. 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 has a market capitalization of $6.34 billion, a P/E ratio of -39.38 and a beta of -0.72. ServiceTitan Inc. has a 52-week low of $58.01 and a 52-week high of $131.33. The stock’s fifty day simple moving average is $75.92 and its 200-day simple moving average is $92.23.

ServiceTitan (NASDAQ:TTAN) last posted its quarterly earnings data on Thursday, March 12th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.09. The firm had revenue of $253.99 million during the quarter, compared to analysts’ expectations of $245.47 million. ServiceTitan had a negative return on equity of 6.91% and a negative net margin of 16.64%.The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.12 EPS. As a group, equities research analysts forecast that ServiceTitan Inc. will post -1.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TTAN. UBS Group restated a “buy” rating on shares of ServiceTitan in a research note on Monday, December 1st. Canaccord Genuity Group reduced their target price on ServiceTitan from $140.00 to $105.00 and set a “buy” rating for the company in a report on Friday, March 13th. The Goldman Sachs Group decreased their target price on shares of ServiceTitan from $117.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, March 16th. BMO Capital Markets lowered their price target on shares of ServiceTitan from $108.00 to $92.00 and set an “outperform” rating on the stock in a research note on Friday, March 13th. Finally, William Blair reiterated an “outperform” rating on shares of ServiceTitan in a report on Friday, March 13th. Sixteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $113.56.

About ServiceTitan

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.