Voya Investment Management LLC Makes New $22.16 Million Investment in ServiceTitan Inc. $TTAN

Voya Investment Management LLC purchased a new stake in shares of ServiceTitan Inc. (NASDAQ:TTAN) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 219,747 shares of the company’s stock, valued at approximately $22,157,000. Voya Investment Management LLC owned 0.24% of ServiceTitan as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of TTAN. Kayne Anderson Rudnick Investment Management LLC grew its holdings in ServiceTitan by 1,545.2% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,055,736 shares of the company’s stock worth $195,521,000 after acquiring an additional 1,930,779 shares during the period. Invesco Ltd. lifted its holdings in ServiceTitan by 1,388.2% in the 2nd quarter. Invesco Ltd. now owns 1,477,369 shares of the company’s stock valued at $158,344,000 after acquiring an additional 1,378,100 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of ServiceTitan by 300,996.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,324,823 shares of the company’s stock valued at $141,995,000 after purchasing an additional 1,324,383 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of ServiceTitan by 148.4% in the 2nd quarter. Franklin Resources Inc. now owns 1,893,237 shares of the company’s stock worth $202,917,000 after purchasing an additional 1,131,062 shares during the last quarter. Finally, Atreides Management LP acquired a new position in shares of ServiceTitan in the 2nd quarter worth approximately $68,679,000.

Analysts Set New Price Targets

TTAN has been the topic of several recent research reports. Cowen restated a “buy” rating on shares of ServiceTitan in a research report on Friday, December 5th. TD Cowen raised their price objective on ServiceTitan from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. BMO Capital Markets boosted their target price on ServiceTitan from $115.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. UBS Group reaffirmed a “buy” rating on shares of ServiceTitan in a report on Monday, December 1st. Finally, Truist Financial set a $130.00 price target on ServiceTitan in a research note on Tuesday, October 21st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $134.25.

ServiceTitan Stock Up 1.0%

NASDAQ:TTAN opened at $108.64 on Monday. The business’s fifty day moving average price is $95.51 and its 200 day moving average price is $103.66. The firm has a market capitalization of $10.10 billion and a price-to-earnings ratio of -26.63. The company has a current ratio of 4.14, a quick ratio of 4.14 and a debt-to-equity ratio of 0.07. ServiceTitan Inc. has a 1-year low of $79.81 and a 1-year high of $131.33.

ServiceTitan (NASDAQ:TTAN) last released its earnings results on Thursday, December 4th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.09. The company had revenue of $249.16 million for the quarter, compared to analysts’ expectations of $238.26 million. ServiceTitan had a negative return on equity of 10.96% and a negative net margin of 23.91%.The business’s revenue for the quarter was up 25.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 EPS. On average, sell-side analysts forecast that ServiceTitan Inc. will post -1.98 earnings per share for the current fiscal year.

Insider Activity at ServiceTitan

In other news, CEO Ara Mahdessian sold 88,525 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $107.56, for a total transaction of $9,521,749.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Vahe Kuzoyan sold 16,690 shares of the company’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $104.81, for a total transaction of $1,749,278.90. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 430,359 shares of company stock valued at $43,155,266. Corporate insiders own 51.72% of the company’s stock.

Key Headlines Impacting ServiceTitan

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Canaccord Genuity reaffirmed its Buy rating on ServiceTitan, supporting demand from investors who follow analyst guidance. Canaccord Genuity Reaffirms Buy
• Positive Sentiment: KeyBanc reiterated its Buy rating on TTAN, adding to the cluster of favorable analyst views that can lift demand and support the share rerating. KeyBanc Remains a Buy
• Positive Sentiment: BTIG upgraded TTAN to a “strong-buy” (reported via Zacks), contributing to the short-term bullish momentum from research-driven buyers. BTIG Research Strong-Buy Note (via Zacks)
• Neutral Sentiment: Yahoo Finance published a piece flagging that ServiceTitan may now be trading at a premium after a sharp one‑month rebound — a reminder that elevated analyst enthusiasm increases scrutiny on valuation. Assessing a Premium Valuation
• Negative Sentiment: Insider selling: President Vahe Kuzoyan sold 16,388 shares in mid‑December — a sizeable disposition that markets often interpret as a negative signal on near‑term insider conviction. Vahe Kuzoyan Sells 16,388 Shares
• Negative Sentiment: Additional C‑suite sales: CFO David Sherry, CEO Ara Mahdessian and CAO Michele O’Connor reported sales on Dec. 17 — collectively reducing insider holdings and increasing perceived supply pressure. (SEC filings linked.) CFO/CEO/CAO Form 4 Filings

ServiceTitan Company Profile

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.