Patricia L. Wadors Sells 3,831 Shares of ServiceNow Inc (NOW) Stock
ServiceNow Inc (NYSE:NOW) insider Patricia L. Wadors sold 3,831 shares of the firm’s stock in a transaction dated Monday, November 19th. The shares were sold at an average price of $169.48, for a total value of $649,277.88. Following the completion of the transaction, the insider now owns 1,148 shares in the company, valued at approximately $194,563.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
NYSE NOW opened at $159.14 on Thursday. The stock has a market cap of $28.11 billion, a PE ratio of -151.56, a price-to-earnings-growth ratio of 29.09 and a beta of 1.25. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.64. ServiceNow Inc has a one year low of $112.84 and a one year high of $206.29.
ServiceNow (NYSE:NOW) last released its quarterly earnings results on Wednesday, October 24th. The information technology services provider reported $0.68 EPS for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.61. The company had revenue of $673.10 million for the quarter, compared to analyst estimates of $659.41 million. ServiceNow had a negative return on equity of 2.93% and a negative net margin of 2.52%. Research analysts anticipate that ServiceNow Inc will post 0.16 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in NOW. Stratos Wealth Partners LTD. acquired a new stake in shares of ServiceNow during the third quarter worth about $101,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of ServiceNow during the third quarter worth about $117,000. Valeo Financial Advisors LLC raised its position in shares of ServiceNow by 89.6% during the third quarter. Valeo Financial Advisors LLC now owns 931 shares of the information technology services provider’s stock worth $169,000 after purchasing an additional 440 shares during the period. Chevy Chase Trust Holdings Inc. acquired a new stake in shares of ServiceNow during the second quarter worth about $204,000. Finally, Allianz Life Insurance Co. of North America acquired a new stake in shares of ServiceNow during the second quarter worth about $205,000. 94.76% of the stock is currently owned by institutional investors.
ServiceNow, Inc provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises worldwide. The company offers service management solutions for customer service, human resources, security operations, and other enterprise departments. It operates ServiceNow platform that provides workflow automation, electronic service catalogs and portals, configuration management systems, data benchmarking, performance analytics, encryption, and collaboration and development tools.
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