Mariner LLC Acquires 11,671 Shares of ServiceNow, Inc. $NOW

Mariner LLC boosted its holdings in shares of ServiceNow, Inc. (NYSE:NOW) by 3.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 369,488 shares of the information technology services provider’s stock after buying an additional 11,671 shares during the quarter. Mariner LLC owned approximately 0.18% of ServiceNow worth $340,103,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Sei Investments Co. boosted its stake in ServiceNow by 7.1% in the third quarter. Sei Investments Co. now owns 396,517 shares of the information technology services provider’s stock valued at $364,903,000 after acquiring an additional 26,241 shares in the last quarter. Temasek Holdings Private Ltd grew its holdings in ServiceNow by 29.8% in the third quarter. Temasek Holdings Private Ltd now owns 117,005 shares of the information technology services provider’s stock worth $107,677,000 after purchasing an additional 26,850 shares during the last quarter. California Public Employees Retirement System increased its position in shares of ServiceNow by 17.9% during the third quarter. California Public Employees Retirement System now owns 410,694 shares of the information technology services provider’s stock worth $377,953,000 after purchasing an additional 62,346 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of ServiceNow by 49.3% during the 3rd quarter. Victory Capital Management Inc. now owns 1,033,496 shares of the information technology services provider’s stock valued at $951,106,000 after purchasing an additional 341,037 shares during the last quarter. Finally, Ossiam lifted its holdings in shares of ServiceNow by 38.3% during the 3rd quarter. Ossiam now owns 32,158 shares of the information technology services provider’s stock valued at $29,594,000 after purchasing an additional 8,902 shares during the last quarter. Institutional investors own 87.18% of the company’s stock.

More ServiceNow News

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: BNP Paribas upgraded ServiceNow to “outperform” with a $140 price target, signaling buy-side momentum and giving the stock a clear near-term catalyst. ServiceNow (NOW) Stock Gets Bullish Upgrade From BNP Paribas
• Positive Sentiment: An analyst raised their price target (reported by Motley Fool), which helped the shares edge past the market—this type of upgrade reduces near-term valuation anxiety and can attract momentum buyers. Why ServiceNow Stock Edged Past the Market Today
• Positive Sentiment: Carahsoft expanded its reseller agreement to distribute the ServiceNow AI Platform across its U.S./Canada channels (including government, healthcare, telecom and financial services), broadening go-to-market reach into mission-critical verticals. Carahsoft and ServiceNow Expand Partnership
• Positive Sentiment: Partnerships with Cohesity and Aiva Health integrate ServiceNow’s AI-control capabilities into data resilience and frontline healthcare workflows — these technical tie‑ups strengthen the company’s enterprise stickiness for AI agents. ServiceNow AI Expansion Tests Investor Views
• Positive Sentiment: ServiceNow’s AI Control Tower product (governance/control for AI agents) continues to be marketed as a strategic backbone for enterprise AI deployments — product-led differentiation that supports long-term revenue potential. ServiceNow Launches AI Control Tower
• Neutral Sentiment: Zacks and other outlets note short-term outperformance versus the market; useful context but largely descriptive rather than a driver on its own. ServiceNow (NOW) Surpasses Market Returns
• Negative Sentiment: Eight former ServiceNow salespeople were hired by rival startup Serval — a talent loss that could pressure sales capacity in key accounts and signal rising competition for enterprise AI customers. Eight ex-ServiceNow salespeople poached by Serval
• Negative Sentiment: CEO Bill McDermott’s public warnings that AI could push graduate unemployment above 30% have drawn headlines — controversial comments can create reputational risk and highlight the broader investor debate over AI’s impact on ServiceNow’s TAM and valuation. ServiceNow CEO says graduate unemployment could reach 30%

Insiders Place Their Bets

In other ServiceNow news, insider Kevin Thomas Mcbride sold 1,400 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $105.71, for a total value of $147,994.00. Following the completion of the transaction, the insider owned 26,314 shares in the company, valued at approximately $2,781,652.94. This represents a 5.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Paul Fipps sold 9,641 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $105.93, for a total transaction of $1,021,271.13. Following the sale, the insider directly owned 11,757 shares in the company, valued at approximately $1,245,419.01. The trade was a 45.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 16,237 shares of company stock worth $1,697,162. Company insiders own 0.34% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. BMO Capital Markets dropped their target price on ServiceNow from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th. Guggenheim upgraded ServiceNow from a “sell” rating to a “neutral” rating in a research note on Tuesday, December 16th. TD Cowen lowered their price target on ServiceNow from $200.00 to $185.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Piper Sandler restated an “overweight” rating on shares of ServiceNow in a research note on Thursday, January 29th. Finally, Arete Research set a $200.00 price objective on shares of ServiceNow in a report on Tuesday, January 6th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, ServiceNow currently has an average rating of “Moderate Buy” and a consensus price target of $192.61.

ServiceNow Price Performance

Shares of NYSE NOW opened at $114.98 on Tuesday. 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 stock has a market capitalization of $120.27 billion, a price-to-earnings ratio of 68.94, a PEG ratio of 1.92 and a beta of 0.99. The firm’s 50 day simple moving average is $118.60 and its 200-day simple moving average is $154.58. ServiceNow, Inc. has a 12 month low of $98.00 and a 12 month high of $211.48.

ServiceNow (NYSE:NOW) last posted its earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. The firm had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.53 billion. ServiceNow had a net margin of 13.16% and a return on equity of 18.54%. The business’s revenue was up 20.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.73 EPS. Analysts expect that ServiceNow, Inc. will post 8.93 EPS for the current year.

ServiceNow Company 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.