2,600 Shares in ServiceTitan Inc. (NASDAQ:TTAN) Acquired by Barclays PLC

Barclays PLC purchased a new position in ServiceTitan Inc. (NASDAQ:TTAN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,600 shares of the company's stock, valued at approximately $267,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new position in shares of ServiceTitan during the 4th quarter valued at approximately $26,000. Assetmark Inc. purchased a new position in shares of ServiceTitan during the 4th quarter valued at approximately $67,000. FIL Ltd purchased a new position in shares of ServiceTitan during the 4th quarter valued at approximately $67,000. Avantax Advisory Services Inc. acquired a new stake in shares of ServiceTitan during the 4th quarter valued at approximately $227,000. Finally, Greenland Capital Management LP acquired a new stake in shares of ServiceTitan during the 4th quarter valued at approximately $303,000.

Analyst Ratings Changes

Several research firms recently issued reports on TTAN. Canaccord Genuity Group upped their price target on ServiceTitan from $120.00 to $130.00 and gave the company a "buy" rating in a research report on Thursday, April 17th. Loop Capital dropped their price target on ServiceTitan from $105.00 to $90.00 and set a "hold" rating on the stock in a research report on Friday, March 14th. Stifel Nicolaus dropped their price target on ServiceTitan from $120.00 to $110.00 and set a "buy" rating on the stock in a research report on Friday, March 14th. Citigroup upped their price target on ServiceTitan from $109.00 to $113.00 and gave the company a "neutral" rating in a research report on Tuesday, January 14th. Finally, Needham & Company LLC increased their target price on ServiceTitan from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $118.23.

ServiceTitan Trading Up 0.9%

NASDAQ TTAN traded up $1.15 during trading on Tuesday, reaching $123.03. 321,056 shares of the company's stock were exchanged, compared to its average volume of 396,303. ServiceTitan Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $128.57. The stock has a fifty day moving average price of $104.20.

Insider Activity

In other news, CAO Michele O'connor sold 5,494 shares of ServiceTitan stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $94.65, for a total transaction of $520,007.10. Following the completion of the sale, the chief accounting officer now directly owns 89,302 shares in the company, valued at $8,452,434.30. The trade was a 5.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO David Sherry sold 10,175 shares of ServiceTitan stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $94.65, for a total value of $963,063.75. Following the sale, the chief financial officer now owns 325,409 shares of the company's stock, valued at approximately $30,799,961.85. This represents a 3.03% decrease in their ownership of the stock. The disclosure for this sale can be found here.

About ServiceTitan

ServiceTitan, Inc engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.