ServiceTitan Inc. (NASDAQ:TTAN – Get Free Report) CFO David Sherry sold 17,778 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 transaction of $1,241,971.08. Following the transaction, the chief financial officer directly owned 313,025 shares of the company’s stock, valued at approximately $21,867,926.50. This represents a 5.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
David Sherry also recently made the following trade(s):
- On Wednesday, January 21st, David Sherry sold 145 shares of ServiceTitan stock. The stock was sold at an average price of $88.26, for a total transaction of $12,797.70.
- On Tuesday, January 20th, David Sherry sold 833 shares of ServiceTitan stock. The shares were sold at an average price of $91.30, for a total transaction of $76,052.90.
ServiceTitan Stock Down 1.1%
TTAN opened at $67.74 on Friday. The company has a fifty day moving average price of $75.92 and a 200-day moving average price of $92.23. The firm has a market capitalization of $6.34 billion, a P/E ratio of -39.38 and a beta of -0.72. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.14 and a quick ratio of 4.14. ServiceTitan Inc. has a one year low of $58.01 and a one year high of $131.33.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on TTAN. BTIG Research dropped their price target on ServiceTitan from $130.00 to $105.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. Truist Financial lowered their target price on shares of ServiceTitan from $130.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. Morgan Stanley dropped their target price on shares of ServiceTitan from $131.00 to $118.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. KeyCorp cut their price target on shares of ServiceTitan from $140.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Finally, UBS Group reissued a “buy” rating on shares of ServiceTitan in a report on Monday, December 1st. Sixteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.56.
View Our Latest Stock Analysis on ServiceTitan
Hedge Funds Weigh In On ServiceTitan
A number of hedge funds and other institutional investors have recently modified their holdings of TTAN. Cloud Capital Management LLC purchased a new position in shares of ServiceTitan during the 3rd quarter valued at about $25,000. Toth Financial Advisory Corp boosted its stake in ServiceTitan by 150.0% in the fourth quarter. Toth Financial Advisory Corp now owns 250 shares of the company’s stock worth $27,000 after buying an additional 150 shares in the last quarter. Farther Finance Advisors LLC grew its position in ServiceTitan by 189.1% during the fourth quarter. Farther Finance Advisors LLC now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 174 shares during the last quarter. eCIO Inc. bought a new position in ServiceTitan during the fourth quarter valued at approximately $30,000. Finally, Elevation Wealth Partners LLC purchased a new position in shares of ServiceTitan during the fourth quarter worth approximately $36,000.
Trending Headlines about ServiceTitan
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
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.
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