David Schneider Sells 2,242 Shares of ServiceNow Inc (NOW) Stock
ServiceNow Inc (NYSE:NOW) CRO David Schneider sold 2,242 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $150.00, for a total value of $336,300.00. Following the transaction, the executive now owns 54,626 shares in the company, valued at approximately $8,193,900. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of ServiceNow Inc (NOW) opened at $154.03 on Monday. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 2.10. The firm has a market capitalization of $26,600.00, a PE ratio of -177.05, a P/E/G ratio of 32.75 and a beta of 1.26. ServiceNow Inc has a fifty-two week low of $83.42 and a fifty-two week high of $157.00.
ServiceNow (NYSE:NOW) last announced its quarterly earnings data on Wednesday, January 31st. The information technology services provider reported $0.35 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.35. The firm had revenue of $546.37 million during the quarter, compared to analyst estimates of $532.74 million. ServiceNow had a negative return on equity of 24.97% and a negative net margin of 7.71%. ServiceNow’s quarterly revenue was up 41.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.25 earnings per share. equities analysts anticipate that ServiceNow Inc will post 0.1 EPS for the current year.
Institutional investors have recently made changes to their positions in the stock. Exane Derivatives increased its holdings in ServiceNow by 90.3% in the fourth quarter. Exane Derivatives now owns 925 shares of the information technology services provider’s stock valued at $121,000 after buying an additional 439 shares during the last quarter. SeaBridge Investment Advisors LLC bought a new stake in ServiceNow in the third quarter valued at about $118,000. Cerebellum GP LLC bought a new stake in ServiceNow in the fourth quarter valued at about $131,000. Roble Belko & Company Inc increased its holdings in ServiceNow by 5,263.2% in the fourth quarter. Roble Belko & Company Inc now owns 1,019 shares of the information technology services provider’s stock valued at $133,000 after buying an additional 1,000 shares during the last quarter. Finally, Rockefeller Financial Services Inc. bought a new stake in ServiceNow in the third quarter valued at about $138,000.
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ServiceNow Company Profile
ServiceNow, Inc is provider of enterprise cloud computing solutions that define, structure, manage and automate services for global enterprises. The Company offers a set of cloud-based services that automate workflow within and between departments in an enterprise. It provides workflow solutions, and focuses on service management for customer support, human resources, security operations and other enterprise departments.
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