Doliver Advisors LP Acquires 10,393 Shares of ServiceNow, Inc. $NOW

Key Points

• Doliver Advisors LP increased its stake in ServiceNow by 460.9%, buying 10,393 shares to own 12,648 shares valued at about $1.94 million at quarter-end.
• ServiceNow recently beat expectations with $0.92 EPS versus a $0.89 consensus and reported $3.57 billion in revenue, up 20.7% year-over-year.
• Institutional investors hold 87.18% of the stock and analysts have a consensus "Moderate Buy" with a $192.61 target, while insiders sold 16,237 shares (≈$1.7M) over the past 90 days.

Doliver Advisors LP grew its holdings in ServiceNow, Inc. (NYSE:NOW - Free Report) by 460.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,648 shares of the information technology services provider's stock after acquiring an additional 10,393 shares during the quarter. Doliver Advisors LP's holdings in ServiceNow were worth $1,938,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Kilter Group LLC bought a new position in shares of ServiceNow during the 2nd quarter valued at about $25,000. IAG Wealth Partners LLC increased its stake in 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. Noble Wealth Management PBC raised its holdings in ServiceNow by 400.0% during the 4th quarter. Noble Wealth Management PBC now owns 160 shares of the information technology services provider's stock worth $25,000 after buying an additional 128 shares during the period. Bogart Wealth LLC raised its holdings in ServiceNow by 93.8% during the 3rd quarter. Bogart Wealth LLC now owns 31 shares of the information technology services provider's stock worth $29,000 after buying an additional 15 shares during the period. Finally, Wealth Watch Advisors INC bought a new position in ServiceNow in the third quarter valued at approximately $29,000. Institutional investors and hedge funds own 87.18% of the company's stock.

ServiceNow Stock Down 0.5%

Shares of NOW stock opened at $113.19 on Friday. The firm's fifty day moving average price is $116.55 and its two-hundred day moving average price is $153.54. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.12. ServiceNow, Inc. has a 1 year low of $98.00 and a 1 year high of $211.48. The firm has a market capitalization of $118.40 billion, a P/E ratio of 67.86, a PEG ratio of 1.92 and a beta of 0.99.

ServiceNow (NYSE:NOW - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The information technology services provider reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.03. The company had revenue of $3.57 billion during 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 company's quarterly revenue was up 20.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.73 EPS. On average, equities analysts predict that ServiceNow, Inc. will post 8.93 EPS for the current fiscal year.

More ServiceNow News

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: BNP Paribas upgraded ServiceNow to Outperform and set a $140 price target, citing the company’s expanding AI positioning — a catalyst that has driven earlier session gains. ServiceNow (NOW) Gets Upgraded to Outperform From Neutral by BNP Paribas
• Positive Sentiment: ServiceNow is accelerating AI adoption through partnerships (Microsoft, OpenAI and others), which management and analysts say is boosting enterprise deal activity and revenue outlook. That supports the company’s long-term growth thesis. ServiceNow Expands AI Reach via Partnerships: More Upside Ahead?
• Positive Sentiment: ServiceNow and Cohesity announced a strategic alliance to provide resilient recovery for AI agents and mission-critical workflows — a product tie-up that can deepen enterprise stickiness and address customer concerns about AI reliability. Cohesity and ServiceNow Deliver Real-Time Recovery for Enterprise AI Agents
• Neutral Sentiment: Zacks and Yahoo pieces note that NOW is a "trending" stock — useful background on investor attention but not new fundamental news. ServiceNow, Inc. (NOW) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Broader industry commentary (Snowflake CEO interview; debates about AI-driven unemployment) is keeping AI narratives in focus but is peripheral to NOW’s near-term earnings execution. Sridhar Ramaswamy, Snowflake CEO: A Fortt Knox Update
• Negative Sentiment: An article in The Information highlights a Cohesity CIO argument that AI-driven products could cannibalize revenues for vendors like ServiceNow and Splunk — a direct competitive-risk narrative that can pressure multiples if investors believe AI accelerates vendor disintermediation. Cohesity CIO Shows How AI Can Eat Into Revenues of ServiceNow, Splunk
• Negative Sentiment: Separately, internal warnings from executives about AI-driven disruption (e.g., public comments about job impacts) feed cautious sentiment and could amplify volatility as investors reassess structural risks to enterprise spending patterns. ServiceNow CEO delivers a troubling AI warning to new grads

Insider Buying and Selling at ServiceNow

In other ServiceNow news, Director Paul Edward Chamberlain sold 1,500 shares of the firm's stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $101.17, for a total value of $151,755.00. Following the completion of the transaction, the director directly owned 46,430 shares in the company, valued at $4,697,323.10. This trade represents a 3.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Kevin Thomas Mcbride sold 1,400 shares of the company's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $105.71, for a total value of $147,994.00. Following the sale, the insider owned 26,314 shares in the company, valued at approximately $2,781,652.94. This represents a 5.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 16,237 shares of company stock worth $1,697,162 over the last ninety days. 0.34% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on NOW shares. Arete Research set a $200.00 price target on shares of ServiceNow in a report on Tuesday, January 6th. Oppenheimer restated an "outperform" rating and set a $175.00 price objective (down from $200.00) on shares of ServiceNow in a report on Wednesday, January 21st. DZ Bank raised shares of ServiceNow to a "strong-buy" rating in a research report on Thursday, December 18th. UBS Group set a $115.00 target price on shares of ServiceNow in a research note on Thursday, January 29th. Finally, BTIG Research reissued a "buy" rating and issued a $200.00 price target on shares of ServiceNow in a research note on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus 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.

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