Danske Bank A S Takes Position in ServiceNow, Inc. $NOW

Danske Bank A S purchased a new stake in ServiceNow, Inc. (NYSE:NOW) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 138,068 shares of the information technology services provider’s stock, valued at approximately $127,061,000. Danske Bank A S owned 0.07% of ServiceNow at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in NOW. Kilter Group LLC acquired a new position in ServiceNow in the 2nd quarter valued at $25,000. IAG Wealth Partners LLC grew its holdings in shares of ServiceNow by 200.0% during the 3rd quarter. IAG Wealth Partners LLC now owns 27 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 18 shares in the last quarter. Bogart Wealth LLC increased its position in shares of ServiceNow by 93.8% in the third quarter. Bogart Wealth LLC now owns 31 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 15 shares during the period. Wealth Watch Advisors INC bought a new position in shares of ServiceNow in the third quarter worth $29,000. Finally, Total Investment Management Inc. acquired a new position in ServiceNow in the second quarter valued at about $31,000. Institutional investors and hedge funds own 87.18% of the company’s stock.

Insider Activity at ServiceNow

In other news, insider Kevin Thomas Mcbride sold 1,400 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $105.71, for a total transaction of $147,994.00. Following the completion of the transaction, the insider directly 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Paul Edward Chamberlain sold 1,500 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $101.17, for a total value of $151,755.00. Following the completion of the transaction, the director owned 46,430 shares of the company’s stock, valued at $4,697,323.10. The trade was a 3.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 16,237 shares of company stock valued at $1,697,162 in the last quarter. Insiders own 0.34% of the company’s stock.

Key Stories Impacting ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Jim Cramer publicly called ServiceNow a value buy under the current AI thesis, which can drive retail/investor interest and short‑term buying pressure. Jim Cramer on ServiceNow (NOW): “I Do Think That the Company Represents Actual Value at These Prices”
• Positive Sentiment: ServiceNow expanded its reseller agreement with Carahsoft to push the ServiceNow AI platform deeper into commercial, healthcare, telecom and critical‑infrastructure channels across the U.S. and Canada — a move that can accelerate enterprise traction and recurring revenue. Carahsoft and ServiceNow Expand Partnership to Reach New Industries in the U.S. and Canada
• Positive Sentiment: BNP Paribas Exane upgraded ServiceNow from Neutral to Outperform and set a $140 price target — analyst upgrades and higher targets can support sentiment and provide catalyst for short‑term upside. ServiceNow (NOW) Stock Gets Bullish Upgrade From BNP Paribas
• Neutral Sentiment: CEO Bill McDermott made stark public comments warning AI could push graduate unemployment into the 30% range — remarks that underline ServiceNow’s market opportunity for automation but carry reputational and policy sensitivity that investors should monitor. ServiceNow CEO predicts Gen Z college graduates will face at least 30% unemployment
• Neutral Sentiment: Investor chatter highlights resilient fundamentals (20.7% revenue growth, strong renewals, CEO insider purchases and a $1T market‑cap ambition). That supports a long‑term bull case but also shows polarized views and mixed insider/institutional flows. ServiceNow Stock (NOW) Opinions on Earnings Beat and CEO’s $1T Ambition
• Negative Sentiment: An upstart rival, Serval, has poached eight former ServiceNow salespeople — a sign of rising competitive intensity in the AI workflow automation sales market that could pressure retention and new‑business wins in targeted segments. Eight ex-ServiceNow salespeople have been poached by Serval

ServiceNow Stock Up 1.6%

Shares of NYSE NOW opened at $116.77 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.12. The company has a market cap of $122.14 billion, a price-to-earnings ratio of 70.01, a PEG ratio of 1.94 and a beta of 0.99. ServiceNow, Inc. has a 12 month low of $98.00 and a 12 month high of $211.48. The stock has a 50-day moving average price of $117.96 and a two-hundred day moving average price of $154.10.

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

Wall Street Analyst Weigh In

NOW has been the topic of a number of analyst reports. Robert W. Baird set a $175.00 price objective on shares of ServiceNow in a research note on Thursday, January 29th. Cantor Fitzgerald restated an “overweight” rating and issued a $200.00 target price on shares of ServiceNow in a research report on Thursday, January 29th. Evercore reaffirmed an “outperform” rating and set a $175.00 price target (down from $225.00) on shares of ServiceNow in a report on Thursday, January 29th. TD Cowen reduced their price target on shares of ServiceNow from $200.00 to $185.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of ServiceNow in a research note on Thursday, January 29th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $192.61.

ServiceNow 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.