Weatherly Asset Management L. P. Buys 30,090 Shares of ServiceNow, Inc. $NOW

Weatherly Asset Management L. P. lifted its position in ServiceNow, Inc. (NYSE:NOW) by 401.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,581 shares of the information technology services provider’s stock after buying an additional 30,090 shares during the quarter. Weatherly Asset Management L. P.’s holdings in ServiceNow were worth $5,757,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Kilter Group LLC bought a new position in ServiceNow during the second quarter worth $25,000. IAG Wealth Partners LLC grew its position in ServiceNow by 200.0% in 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 during the last quarter. Noble Wealth Management PBC grew its position in ServiceNow by 400.0% in the 4th quarter. Noble Wealth Management PBC now owns 160 shares of the information technology services provider’s stock worth $25,000 after purchasing an additional 128 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in shares of ServiceNow during the 4th quarter worth about $26,000. Finally, Bogart Wealth LLC raised its position in shares of ServiceNow by 93.8% during the third quarter. Bogart Wealth LLC now owns 31 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 15 shares during the last quarter. 87.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at ServiceNow

In related news, insider Kevin Thomas Mcbride sold 1,400 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $105.71, for a total transaction of $147,994.00. Following the sale, the insider owned 26,314 shares of the company’s stock, valued at approximately $2,781,652.94. This trade represents a 5.05% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Paul Edward Chamberlain sold 1,500 shares of ServiceNow stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $101.17, for a total value of $151,755.00. Following the transaction, the director owned 46,430 shares in the company, valued at $4,697,323.10. This trade represents a 3.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 16,237 shares of company stock worth $1,697,162. 0.34% of the stock is owned by insiders.

ServiceNow Stock Down 0.5%

Shares of NYSE NOW opened at $104.02 on Thursday. ServiceNow, Inc. has a 12-month low of $98.00 and a 12-month high of $211.48. The firm’s 50-day simple moving average is $111.59 and its 200 day simple moving average is $148.31. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.12. The company has a market cap of $108.80 billion, a price-to-earnings ratio of 62.36, a price-to-earnings-growth ratio of 1.75 and a beta of 1.00.

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

More ServiceNow News

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Expanded NVIDIA partnership — ServiceNow announced at GTC 2026 an expanded collaboration (AI Control Tower + NVIDIA Enterprise AI Factory) to operationalize the “Autonomous Workforce,” strengthening its enterprise AI positioning and partner-driven go-to-market. ServiceNow (NOW) Expands Partnership With NVIDIA
• Positive Sentiment: Armis acquisition adds security capabilities — Analysts note the Armis buy bolsters ServiceNow’s platform for security and device visibility, potentially increasing cross-sell into IT/security workflows. ServiceNow’s Deal May Be Bigger Than It Looks
• Positive Sentiment: Liquidity move — ServiceNow arranged a $3 billion unsecured revolving credit facility and commercial paper programs to boost liquidity, which reduces short-term financing risk and supports execution during the transition to AI-focused monetization. ServiceNow Boosts Liquidity With New Credit and CP Programs
• Positive Sentiment: Fresh buy-side conviction — Benchmark initiated coverage with a Buy and $125 PT, and Morgan Stanley reiterated Buy with a $210 PT, signaling some analysts view current levels as a buying opportunity. Benchmark Initiates at Buy
• Positive Sentiment: Bull case on agentic AI — Recent analyst and SA coverage argue ServiceNow’s workflow data moat and Now Assist/agentic AI offerings create durable enterprise demand and upside as AI monetization ramps. ServiceNow: A Strong Bet On Agentic AI
• Neutral Sentiment: Price-target adjustments — Wells Fargo trimmed its PT to $185 but kept an Overweight rating, reflecting confidence in fundamentals despite near-term headwinds. Wells Fargo Price Target Cut
• Neutral Sentiment: Partner ecosystem momentum — New partnerships (BigPanda, Zenity, Vonage, Cohesity) expand ServiceNow’s control-layer role across IT, security and communications but are execution-dependent. BigPanda Partnership
• Neutral Sentiment: Upcoming Q1 results — ServiceNow scheduled Q1 2026 results for April 22; the print and guidance will likely drive near-term stock moves as investors re-assess subscription/AI-credit traction. Q1 Announcement
• Negative Sentiment: Competitive/structural concerns — Criticism that ServiceNow must sell AI capabilities that could lower its own SaaS lock-in (and that AI-native rivals could erode switching costs) is weighing on sentiment. Fool Analysis
• Negative Sentiment: Heavy YTD selloff and valuation compression — Multiple pieces highlight a ~30–50% YTD decline and that the stock is in its worst quarter on record, reflecting investor fear over AI disruption and slower growth. MarketWatch: Worst Quarter

Analyst Ratings Changes

NOW has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $180.00 price target on ServiceNow in a report on Thursday, January 29th. DA Davidson restated a “buy” rating and set a $220.00 price objective on shares of ServiceNow in a research report on Thursday, January 29th. UBS Group set a $115.00 target price on ServiceNow in a research note on Thursday, January 29th. Royal Bank Of Canada decreased their price target on shares of ServiceNow from $185.00 to $150.00 and set an “outperform” rating on the stock in a research note on Monday, February 9th. Finally, Arete Research set a $200.00 price target on shares of ServiceNow in a report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $189.77.

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.