Mn Services Vermogensbeheer B.V. Increases Stock Position in ServiceNow, Inc. $NOW

Key Points

• Mn Services Vermogensbeheer B.V. increased its stake in ServiceNow by 409.7% in Q4 to 401,040 shares, valued at approximately $61.44 million.
• Insider selling has been notable — insiders sold 16,237 shares worth $1.697 million over the last three months (including Kevin McBride and Paul Fipps), leaving insiders with just 0.34% ownership.
• Recent results: ServiceNow beat Q4 estimates with $0.92 EPS vs. $0.89 expected and $3.57 billion revenue (+20.7% YoY); the stock carries a market cap of $109.8 billion and an average analyst rating of "Moderate Buy" with a $192.61 price target.

Mn Services Vermogensbeheer B.V. increased its holdings in ServiceNow, Inc. (NYSE:NOW - Free Report) by 409.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 401,040 shares of the information technology services provider's stock after acquiring an additional 322,352 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in ServiceNow were worth $61,435,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Kilter Group LLC purchased a new position in ServiceNow during the 2nd quarter worth $25,000. IAG Wealth Partners LLC increased its stake in ServiceNow by 200.0% in the third quarter. IAG Wealth Partners LLC now owns 27 shares of the information technology services provider's stock valued at $25,000 after purchasing an additional 18 shares during the period. Total Investment Management Inc. purchased a new stake in shares of ServiceNow in the second quarter valued at about $31,000. Bogart Wealth LLC raised its holdings 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 valued at $29,000 after buying an additional 15 shares during the last quarter. Finally, Wealth Watch Advisors INC acquired a new stake in shares of ServiceNow during the third quarter worth about $29,000. Hedge funds and other institutional investors own 87.18% of the company's stock.

Insider Activity at ServiceNow

In other ServiceNow news, insider Kevin Thomas Mcbride sold 1,400 shares of the stock in a transaction 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 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Paul Fipps sold 3,696 shares of the business's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $101.77, for a total transaction of $376,141.92. Following the sale, the insider owned 8,061 shares in the company, valued at $820,367.97. The trade was a 31.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 16,237 shares of company stock worth $1,697,162 over the last three months. 0.34% of the stock is currently owned by corporate insiders.

ServiceNow Price Performance

Shares of NYSE:NOW opened at $104.97 on Tuesday. ServiceNow, Inc. has a 52 week low of $98.00 and a 52 week high of $211.48. The company has a 50-day moving average price of $112.44 and a 200 day moving average price of $149.20. The company has a market cap of $109.80 billion, a P/E ratio of 62.93, a PEG ratio of 1.68 and a beta of 0.99. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.12.

ServiceNow (NYSE:NOW - Get Free Report) last released its earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.03. The company had revenue of $3.57 billion for 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 firm's quarterly revenue was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.73 EPS. Research analysts predict that ServiceNow, Inc. will post 8.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

NOW has been the topic of a number of research reports. Weiss Ratings reissued a "hold (c)" rating on shares of ServiceNow in a report on Thursday, January 22nd. Arete Research set a $200.00 price objective on ServiceNow in a research note on Tuesday, January 6th. Canaccord Genuity Group set a $200.00 price objective on ServiceNow in a research report on Thursday, January 29th. Wall Street Zen downgraded ServiceNow from a "buy" rating to a "hold" rating in a research note on Saturday, February 28th. Finally, HSBC cut their price target on ServiceNow from $266.40 to $226.00 and set a "buy" rating for the company in a research note on Friday, January 30th. 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 company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $192.61.

Key Headlines Impacting ServiceNow

Here are the key news stories impacting ServiceNow this week:

• Positive Sentiment: Media and analyst pieces point to renewed buying interest and technical strength as reasons for the stock’s rise; commentary frames the move as momentum-driven rather than tied to a single catalyst. ServiceNow stock is on the rise: Here's what the chart says
• Positive Sentiment: Headlines highlighting a sharp share move have drawn retail and technical traders’ attention, amplifying intraday momentum. ServiceNow (NOW) shares skyrocket, what you need to know
• Positive Sentiment: A press release notes Ziperase launched an Enterprise Connector on the ServiceNow Store — a small but constructive ecosystem expansion that can help platform adoption and revenue via marketplace integrations. Ziperase Launches Enterprise Connector on the ServiceNow Store
• Positive Sentiment: Investor commentary (The Motley Fool) attributes today’s jump to improving sentiment around AI risk and optimism for ServiceNow’s AI agent/orchestration opportunities — a narrative that supports outsized multiple retention for high-growth SaaS names. Why ServiceNow Stock Jumped Today
• Positive Sentiment: Longer-form pieces argue the broader SaaS sell-off has created buying opportunities for durable franchises like ServiceNow that are embedded in workflows and positioned for AI-led upsell. Why the SaaS Sell-Off Is Creating Generational Buying Opportunities
• Neutral Sentiment: A governance paper on AI oversight for boards underscores that companies adopting AI (including ServiceNow customers) face rising expectations for board-level controls — relevant for long-term adoption and compliance but not an immediate stock mover. AI Governance for Boards: A Framework by Robert Maciejko
• Negative Sentiment: Macro risk: commentary about geopolitical uncertainty (Iran war concerns) could depress broad risk appetite and weigh on SaaS multiples if market volatility rises. The problem for investors: We don't know how Trump wants the Iran war to end

About ServiceNow

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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