Rep. Lisa C. McClain Sells Off Shares of ServiceNow, Inc. (NYSE:NOW)

Key Points

• Rep. Lisa C. McClain sold shares of ServiceNow, Inc. for an amount between $1,001 and $15,000, as disclosed on August 13th, with the sale occurring on June 9th.
• ServiceNow reported a net margin of 13.78% and a revenue of $3.22 billion for the quarter, exceeding analyst expectations.
• ServiceNow's stock has been upgraded by multiple analysts recently, with target prices ranging from $1,000 to $1,300.

Representative Lisa C. McClain (R-Michigan) recently sold shares of ServiceNow, Inc. NYSE: NOW. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in ServiceNow stock on June 9th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

ServiceNow Stock Down 0.7%

Shares of NOW stock traded down $6.4780 during trading hours on Monday, hitting $880.2720. 861,128 shares of the company's stock traded hands, compared to its average volume of 1,707,480. The stock's fifty day simple moving average is $955.00 and its two-hundred day simple moving average is $928.38. ServiceNow, Inc. has a 12-month low of $678.66 and a 12-month high of $1,198.09. The stock has a market cap of $183.10 billion, a price-to-earnings ratio of 110.87, a PEG ratio of 4.00 and a beta of 0.93. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.14.

ServiceNow (NYSE:NOW - Get Free Report) last released its earnings results on Wednesday, July 23rd. The information technology services provider reported $4.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.57 by $0.52. ServiceNow had a net margin of 13.78% and a return on equity of 18.04%. The firm had revenue of $3.22 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same period last year, the business earned $3.13 earnings per share. The business's revenue was up 22.4% on a year-over-year basis. On average, analysts expect that ServiceNow, Inc. will post 8.93 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. JMP Securities reissued a "market outperform" rating and set a $1,300.00 price target on shares of ServiceNow in a research report on Monday, August 4th. Oppenheimer reaffirmed an "outperform" rating and set a $1,150.00 price target (up previously from $1,100.00) on shares of ServiceNow in a report on Thursday, July 24th. Truist Financial upgraded ServiceNow from a "hold" rating to a "buy" rating and raised their price target for the stock from $950.00 to $1,200.00 in a research note on Thursday, May 1st. BMO Capital Markets upped their price objective on ServiceNow from $1,150.00 to $1,160.00 and gave the company an "outperform" rating in a research report on Thursday, July 24th. Finally, Erste Group Bank reiterated a "hold" rating on shares of ServiceNow in a research report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, ServiceNow has a consensus rating of "Moderate Buy" and an average target price of $1,115.20.

Insider Transactions at ServiceNow

In related news, General Counsel Russell S. Elmer sold 1,698 shares of the company's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $884.26, for a total transaction of $1,501,473.48. Following the transaction, the general counsel directly owned 4,332 shares in the company, valued at approximately $3,830,614.32. This represents a 28.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO William R. Mcdermott sold 1,585 shares of the business's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $900.00, for a total transaction of $1,426,500.00. Following the completion of the sale, the chief executive officer directly owned 12,439 shares of the company's stock, valued at approximately $11,195,100. This trade represents a 11.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,096 shares of company stock worth $14,807,562. 0.38% of the stock is currently owned by insiders.

Institutional Trading of ServiceNow

A number of institutional investors and hedge funds have recently bought and sold shares of NOW. Bogart Wealth LLC raised its position in ServiceNow by 113.3% during the first quarter. Bogart Wealth LLC now owns 32 shares of the information technology services provider's stock valued at $25,000 after purchasing an additional 17 shares during the period. Kilter Group LLC purchased a new stake in ServiceNow during the 2nd quarter valued at $25,000. Graybill Wealth Management LTD. bought a new stake in ServiceNow in the first quarter worth $26,000. Quarry LP bought a new position in ServiceNow during the fourth quarter valued at $27,000. Finally, WASHINGTON TRUST Co raised its stake in shares of ServiceNow by 620.0% in the first quarter. WASHINGTON TRUST Co now owns 36 shares of the information technology services provider's stock valued at $29,000 after acquiring an additional 31 shares during the period. 87.18% of the stock is currently owned by institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About ServiceNow

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.