Michele O'connor Sells 4,380 Shares of ServiceTitan (NASDAQ:TTAN) Stock

Key Points

• ServiceTitan CAO Michele O’Connor sold 4,380 shares at an average price of $61.35, generating $268,713 and reducing her ownership by 6.63% to 61,715 shares.
• ServiceTitan shares traded near $61.65, well below their 50-day average of $80.42 and 12-month high of $111.36. The stock has faced pressure following concerns about revenue timing, slower growth and potential securities-law investigations.
• The company beat quarterly earnings and revenue estimates, with revenue up 20.9% year over year, while analysts maintained a consensus “Moderate Buy” rating and an average price target of $96.38 despite recent target cuts.

ServiceTitan Inc. (NASDAQ:TTAN - Get Free Report) CAO Michele O'connor sold 4,380 shares of the company's stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $61.35, for a total transaction of $268,713.00. Following the sale, the chief accounting officer owned 61,715 shares of the company's stock, valued at approximately $3,786,215.25. The trade was a 6.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Michele O'connor also recently made the following trade(s):

• On Thursday, September 17th, Michele O'connor sold 5,581 shares of ServiceTitan stock. The stock was sold at an average price of $57.07, for a total value of $318,507.67.
• On Tuesday, July 7th, Michele O'connor sold 4,910 shares of ServiceTitan stock. The shares were sold at an average price of $80.93, for a total value of $397,366.30.

ServiceTitan Stock Performance

TTAN traded up $0.09 on Wednesday, hitting $61.65. 1,992,045 shares of the company were exchanged, compared to its average volume of 1,741,650. The firm has a fifty day simple moving average of $80.42 and a two-hundred day simple moving average of $71.79. The stock has a market capitalization of $5.95 billion, a PE ratio of -45.33 and a beta of 0.11. ServiceTitan Inc. has a 12 month low of $53.00 and a 12 month high of $111.36.

ServiceTitan (NASDAQ:TTAN - Get Free Report) last released its quarterly earnings data on Tuesday, September 8th. The company reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.05. ServiceTitan had a negative return on equity of 5.65% and a negative net margin of 12.12%.The firm had revenue of $292.76 million during the quarter, compared to analyst estimates of $285.89 million. During the same quarter in the prior year, the firm posted $0.33 earnings per share. The business's quarterly revenue was up 20.9% compared to the same quarter last year. On average, equities analysts expect that ServiceTitan Inc. will post -0.53 earnings per share for the current year.

Institutional Investors Weigh In On ServiceTitan

Several hedge funds have recently added to or reduced their stakes in the stock. State of Wyoming purchased a new stake in shares of ServiceTitan in the first quarter worth $48,000. Elevation Wealth Partners LLC raised its position in shares of ServiceTitan by 20.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 863 shares of the company's stock worth $61,000 after purchasing an additional 144 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in ServiceTitan by 30.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 906 shares of the company's stock worth $96,000 after purchasing an additional 209 shares in the last quarter. Parallel Advisors LLC boosted its stake in ServiceTitan by 226.4% in the 1st quarter. Parallel Advisors LLC now owns 1,717 shares of the company's stock worth $109,000 after purchasing an additional 1,191 shares in the last quarter. Finally, KBC Group NV grew its position in ServiceTitan by 101.6% during the 1st quarter. KBC Group NV now owns 1,730 shares of the company's stock valued at $110,000 after purchasing an additional 872 shares during the last quarter.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Robert W. Baird cut their target price on ServiceTitan from $101.00 to $85.00 and set an "outperform" rating on the stock in a research note on Wednesday, September 9th. KeyCorp cut their price objective on ServiceTitan from $120.00 to $110.00 and set an "overweight" rating on the stock in a research report on Wednesday, September 9th. Weiss Ratings downgraded ServiceTitan from a "sell (d-)" rating to a "sell (e+)" rating in a report on Wednesday, September 9th. BMO Capital Markets cut their price target on shares of ServiceTitan from $103.00 to $90.00 and set an "outperform" rating on the stock in a report on Wednesday, September 9th. Finally, Wells Fargo & Company decreased their price target on shares of ServiceTitan from $115.00 to $105.00 and set an "overweight" rating for the company in a research note on Wednesday, September 9th. Fourteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $96.38.

Key Headlines Impacting ServiceTitan

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: ServiceTitan is expanding its addressable market through a partnership designed to deepen its presence in roofing software. The company’s AI products, including Max and its broader Agentic Operating System, also remain potential long-term growth drivers by automating field-service workflows and improving contractor productivity. ServiceTitan Partners to Push Deeper Into Roofing Software
• Neutral Sentiment: Analysts continue to rate TTAN a consensus “Moderate Buy,” although several firms reduced their price targets after the earnings report. TD Cowen and Stifel maintained Buy ratings while lowering targets to $100, and Citigroup cut its target to $76 with a Neutral rating. This suggests analysts see potential recovery but acknowledge increased execution risk.
• Neutral Sentiment: CEO Ara Mahdessian, President Vahe Kuzoyan, CFO David Sherry and CAO Michele O’Connor sold shares. The filings state that the transactions were made to cover tax withholding on vested equity awards, which reduces their negative signaling value; however, the CEO and president were left holding only two shares each directly. Ara Mahdessian Insider Sale
• Negative Sentiment: The key catalyst remains the company’s latest quarterly disclosure. Investors reacted sharply to surprise revenue-timing differences and slower year-over-year revenue growth, prompting a roughly 30% selloff after the results. The concerns challenge expectations for ServiceTitan’s growth trajectory and raise questions about the timing and quality of reported revenue. ServiceTitan Scrutinized Over Revenue Timing and Growth Issues
• Negative Sentiment: Bleichmar Fonti & Auld and Pomerantz announced investigations into potential securities-law violations related to ServiceTitan’s growth outlook, AI platform claims and expansion plans. The investigations do not establish wrongdoing, but they add legal, reputational and disclosure risks while the stock is already weakened. Pomerantz Investor Investigation

About ServiceTitan

ServiceTitan, Inc develops cloud-based software designed to help residential and commercial contractors manage and grow their businesses. Its platform supports trades such as heating, ventilation and air conditioning, plumbing, electrical, roofing, and other field-service industries.

The company's products and services cover key business functions, including customer relationship management, lead generation, scheduling and dispatching, estimates, job management, invoicing, payments, financing, payroll, and business analytics.

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