ServiceTitan Inc. (NASDAQ:TTAN - Get Free Report) President Vahe Kuzoyan sold 3,059 shares of the business's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $116.04, for a total transaction of $354,966.36. The sale was disclosed in a document filed with the SEC, which is available through this link.
Vahe Kuzoyan also recently made the following trade(s):
- On Tuesday, August 5th, Vahe Kuzoyan sold 24,582 shares of ServiceTitan stock. The stock was sold at an average price of $112.02, for a total value of $2,753,675.64.
- On Monday, August 4th, Vahe Kuzoyan sold 24,598 shares of ServiceTitan stock. The shares were sold at an average price of $114.46, for a total transaction of $2,815,487.08.
- On Thursday, June 26th, Vahe Kuzoyan sold 25,208 shares of ServiceTitan stock. The shares were sold at an average price of $104.65, for a total transaction of $2,638,017.20.
ServiceTitan Stock Down 1.4%
TTAN stock traded down $1.68 during midday trading on Friday, reaching $115.48. The company had a trading volume of 6,291,540 shares, compared to its average volume of 1,397,605. The company has a 50 day moving average of $110.39 and a two-hundred day moving average of $108.44. The company has a market capitalization of $10.47 billion and a P/E ratio of -21.39. ServiceTitan Inc. has a 1 year low of $79.81 and a 1 year high of $131.33. The company has a current ratio of 4.49, a quick ratio of 4.49 and a debt-to-equity ratio of 0.07.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on TTAN shares. Robert W. Baird lifted their price target on ServiceTitan from $124.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, September 5th. Raymond James Financial initiated coverage on shares of ServiceTitan in a research report on Friday, August 29th. They set a "market perform" rating for the company. Canaccord Genuity Group increased their price objective on ServiceTitan from $130.00 to $140.00 and gave the company a "buy" rating in a research report on Friday. Loop Capital upgraded shares of ServiceTitan from a "hold" rating to a "buy" rating and raised their price objective for the stock from $100.00 to $140.00 in a research note on Monday, August 18th. Finally, Morgan Stanley upped their target price on shares of ServiceTitan from $109.00 to $118.00 and gave the company an "equal weight" rating in a research note on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, ServiceTitan currently has an average rating of "Moderate Buy" and a consensus target price of $132.67.
Read Our Latest Report on ServiceTitan
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Kayne Anderson Rudnick Investment Management LLC raised its holdings in ServiceTitan by 1,545.2% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,055,736 shares of the company's stock worth $195,521,000 after purchasing an additional 1,930,779 shares during the last quarter. Invesco Ltd. raised its stake in shares of ServiceTitan by 1,388.2% during the second quarter. Invesco Ltd. now owns 1,477,369 shares of the company's stock worth $158,344,000 after buying an additional 1,378,100 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in ServiceTitan by 300,996.1% in the second quarter. JPMorgan Chase & Co. now owns 1,324,823 shares of the company's stock valued at $141,995,000 after buying an additional 1,324,383 shares during the period. Franklin Resources Inc. boosted its stake in ServiceTitan by 148.4% in the second quarter. Franklin Resources Inc. now owns 1,893,237 shares of the company's stock valued at $202,917,000 after acquiring an additional 1,131,062 shares during the last quarter. Finally, Atreides Management LP acquired a new stake in ServiceTitan during the 2nd quarter worth $68,679,000.
ServiceTitan Company Profile
(
Get Free Report)
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.
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