ServiceNow (NYSE:NOW) Stock Acquired Rep. John McGuire

Representative John McGuire (R-Virginia) recently bought shares of ServiceNow, Inc. NYSE: NOW. In a filing disclosed on June 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in ServiceNow stock on May 16th. The trade occurred in the Representative's "MERRILL LYNCH SEP IRA" account.

Representative John McGuire also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 6/30/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 6/16/2025.
• Purchased $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 4/10/2025.

ServiceNow Price Performance

NYSE:NOW traded down $28.13 during trading hours on Friday, hitting $968.05. 1,998,443 shares of the stock traded hands, compared to its average volume of 1,429,436. ServiceNow, Inc. has a 1 year low of $678.66 and a 1 year high of $1,198.09. The company has a quick ratio of 1.12, a current ratio of 1.09 and a debt-to-equity ratio of 0.14. The company has a market cap of $200.37 billion, a price-to-earnings ratio of 121.92, a price-to-earnings-growth ratio of 4.56 and a beta of 0.94. The stock has a 50 day moving average price of $1,000.33 and a 200 day moving average price of $953.18.

ServiceNow (NYSE:NOW - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The information technology services provider reported $4.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.57 by $0.52. ServiceNow had a return on equity of 18.04% and a net margin of 13.78%. The business had revenue of $3.22 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the prior year, the business posted $3.13 EPS. ServiceNow's revenue for the quarter was up 22.4% compared to the same quarter last year. Sell-side analysts forecast that ServiceNow, Inc. will post 8.93 EPS for the current fiscal year.

Institutional Investors Weigh In On ServiceNow

A number of large investors have recently added to or reduced their stakes in NOW. Bogart Wealth LLC grew its holdings in ServiceNow by 113.3% in the 1st quarter. Bogart Wealth LLC now owns 32 shares of the information technology services provider's stock valued at $25,000 after buying an additional 17 shares in the last quarter. Graybill Wealth Management LTD. acquired a new position in ServiceNow in the 1st quarter valued at $26,000. Quarry LP acquired a new position in ServiceNow in the 4th quarter valued at $27,000. Atala Financial Inc acquired a new position in ServiceNow in the 4th quarter valued at $28,000. Finally, WASHINGTON TRUST Co grew its holdings in ServiceNow by 620.0% in the 1st quarter. WASHINGTON TRUST Co now owns 36 shares of the information technology services provider's stock valued at $29,000 after buying an additional 31 shares in the last quarter. Institutional investors own 87.18% of the company's stock.

Insider Transactions at ServiceNow

In other news, Director Anita M. Sands sold 428 shares of ServiceNow stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $1,013.61, for a total transaction of $433,825.08. Following the sale, the director directly owned 10,891 shares of the company's stock, valued at approximately $11,039,226.51. This trade represents a 3.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Gina Mastantuono sold 292 shares of the firm's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $985.00, for a total value of $287,620.00. Following the transaction, the chief financial officer owned 11,198 shares of the company's stock, valued at $11,030,030. This trade represents a 2.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,003 shares of company stock worth $6,015,106. 0.38% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Evercore ISI increased their price objective on shares of ServiceNow from $925.00 to $1,000.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. UBS Group lowered their price target on shares of ServiceNow from $1,125.00 to $1,100.00 and set a "buy" rating for the company in a report on Thursday. Piper Sandler increased their price target on shares of ServiceNow from $1,120.00 to $1,150.00 and gave the company an "overweight" rating in a report on Thursday. Wall Street Zen downgraded shares of ServiceNow from a "buy" rating to a "hold" rating in a research note on Monday, July 21st. Finally, Oppenheimer reissued an "outperform" rating and issued a $1,150.00 price objective (up previously from $1,100.00) on shares of ServiceNow in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,114.87.

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia's 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia's 5th Congressional District. He declared candidacy for the 2026 election. John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

ServiceNow Company Profile

ServiceNow, Inc provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.