Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of ServiceTitan Inc. NASDAQ: TTAN. In a filing disclosed on July 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in ServiceTitan stock on June 11th.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
- Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
- Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
- Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
- Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
- Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
- Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
- Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
- Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.
- Sold $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 6/11/2025.
ServiceTitan Trading Up 1.4%
Shares of TTAN stock traded up $1.52 during mid-day trading on Friday, reaching $114.09. The stock had a trading volume of 843,917 shares, compared to its average volume of 1,313,899. The firm's 50 day simple moving average is $112.32 and its 200 day simple moving average is $105.07. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.82 and a quick ratio of 4.82. ServiceTitan Inc. has a one year low of $79.81 and a one year high of $131.33.
ServiceTitan (NASDAQ:TTAN - Get Free Report) last released its earnings results on Thursday, June 5th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.12 by $0.06. The firm had revenue of $215.69 million during the quarter, compared to analyst estimates of $208.61 million. ServiceTitan's quarterly revenue was up 26.6% on a year-over-year basis. On average, equities analysts predict that ServiceTitan Inc. will post -1.98 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on TTAN. Morgan Stanley boosted their price target on ServiceTitan from $107.00 to $109.00 and gave the stock an "equal weight" rating in a research report on Friday, June 6th. Canaccord Genuity Group boosted their price target on ServiceTitan from $120.00 to $130.00 and gave the stock a "buy" rating in a research report on Thursday, April 17th. TD Securities upped their target price on ServiceTitan from $120.00 to $140.00 and gave the company a "buy" rating in a research report on Wednesday, May 21st. TD Cowen began coverage on ServiceTitan in a research report on Tuesday, April 8th. They issued a "buy" rating and a $120.00 target price on the stock. Finally, Robert W. Baird upped their target price on ServiceTitan from $106.00 to $124.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $122.21.
Check Out Our Latest Analysis on ServiceTitan
Insider Activity at ServiceTitan
In other ServiceTitan news, CEO Ara Mahdessian sold 42,674 shares of the business's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $110.84, for a total value of $4,729,986.16. Following the completion of the sale, the chief executive officer directly owned 1 shares of the company's stock, valued at $110.84. The trade was a 100.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Bessemer Venture Partners Viii sold 500,000 shares of the company's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $102.00, for a total transaction of $51,000,000.00. Following the transaction, the insider directly owned 8,503,571 shares of the company's stock, valued at approximately $867,364,242. This trade represents a 5.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,378,143 shares of company stock valued at $146,514,872 over the last ninety days. 51.72% of the stock is currently owned by insiders.
Hedge Funds Weigh In On ServiceTitan
Large investors have recently added to or reduced their stakes in the business. Impact Capital Partners LLC purchased a new stake in shares of ServiceTitan during the 2nd quarter worth approximately $300,000. Truist Financial Corp purchased a new position in ServiceTitan in the second quarter worth $2,488,000. Janney Montgomery Scott LLC purchased a new position in ServiceTitan in the second quarter worth $3,438,000. EdgeRock Capital LLC purchased a new position in ServiceTitan in the second quarter worth $383,000. Finally, Perigon Wealth Management LLC purchased a new position in ServiceTitan in the second quarter worth $2,844,000.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
About ServiceTitan
(
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.
Read More
Before you consider ServiceTitan, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ServiceTitan wasn't on the list.
While ServiceTitan currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
