Servicenow Inc (NYSE:NOW) Q4 2017 Sentiment Change, Now at 1.05

May 3, 2018 - By Gregory Tomko

ServiceNow, Inc. (NYSE:NOW) Corporate Logo

“Big money” Positions

In Q4 2017 Servicenow Inc (NYSE:NOW) big money sentiment decreased to 1.05, filings reveal. So its down -0.33, from 2017Q3’s 1.38. 183 hedge funds started new and increased positions, while 174 sold and decreased their positions in Servicenow Inc so the sentiment has worsened. These funds own 167.59 million shares, that’s down from 170.65 million shares in 2017Q3. Funds holding Servicenow Inc in top 10 changed to 12 from 13 for a decrease of 1. 42 Investors Sold All; 132 Reduced Holdings; 116 increased stakes while 67 hedge funds bought stakes.

Largest Servicenow Inc Investors

Dragoneer Investment Group Llc owns 497,977 shares in Servicenow Inc as of Q4 2017. Servicenow Inc’s shareholder Scge Management L.P. owns 425,000 shares as of Q4 2017. Moreover, White Elm Capital Llc reported 207,000 shares in Servicenow Inc equivalent to 5.7% of its fund’s portfolio. The New York-based fund Crestwood Capital Management L.P. have invested about 5.23% of the institutional investor’s stock portfolio in Servicenow Inc. The California-based fund Criterion Capital Management Llc looks positive on Servicenow Inc, owning 618,370 shares.

ServiceNow, Inc. provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises worldwide.The firm is valued at $29.24 billion. The firm offers service management solutions for customer support, human resources, security operations, and other enterprise departments.Currently it has negative earnings. It operates ServiceNow platform that provides workflow, configuration management database, service catalog, service portal, knowledge management, reporting and analytics, data benchmarking, visual task boards, built-in and optional encryption capabilities, and collaboration and developer tools.

NOW is hitting $165.5 during the last trading session, after increased 0.05%.ServiceNow, Inc. has volume of 1.25 million shares. Since May 3, 2017 NOW has risen 91.85% and is uptrending. NOW outperformed the S&P500 by 80.30%.

Of Vermont invested in 200 shs or 0% of the stock. Axa holds 0.08% of its capital in ServiceNow, Inc. (NYSE:NOW) for 162,648 shs. State Street has 3.08 million shs. Crestwood Capital Mgmt L P has 5.23% invested in ServiceNow, Inc. (NYSE:NOW). Bessemer Gru Inc reported 0% in ServiceNow, Inc. (NYSE:NOW). Metropolitan Life Insur New York has 0.02% invested in ServiceNow, Inc. (NYSE:NOW). California State Teachers Retirement Systems stated it has 274,705 shs. Rockefeller Fincl Ser has 290 shs for 0% of their capital. Lombard Odier Asset (Europe) Limited invested 0.02% of its capital in ServiceNow, Inc. (NYSE:NOW). 3,575 are owned by L & S. 70,213 were reported by Qci Asset. Raymond James Financial Service Advsr holds 115,240 shs. Captrust Fincl Advsr owns 108 shs. Scge L P holds 425,000 shs. Citadel Lc accumulated 0.01% or 137,545 shs.

ServiceNow, Inc. registered $77.59 million net activity with 0 insider purchases and 15 sales since January 9, 2018. Another trade for 32,500 shs valued at $5.66M was sold by LUDDY FREDERIC B. Schneider David had sold 14,923 shs worth $2.30 million on Tuesday, February 20. On Tuesday, February 27 MILLER JEFFREY A also sold $2.08M worth of ServiceNow, Inc. (NYSE:NOW). 30,000 ServiceNow, Inc. (NYSE:NOW) shs with value of $4.84 million were sold by Desai Chirantan Jitendra. BOSTROM SUSAN L sold $2.80 million worth of stock. $3.68M worth of stock was sold by Scarpelli Michael on Wednesday, February 14.

ServiceNow, Inc. (NYSE:NOW) Ratings Coverage

Total analysts of 21 have positions in ServiceNow (NYSE:NOW) as follows: 18 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 86%. Since November 6, 2017 according to StockzIntelligence Inc ServiceNow has 38 analyst reports. On Monday, April 23 the rating was maintained by Piper Jaffray with “Buy”. On Tuesday, December 12 the firm earned “Hold” rating by J.P. Morgan. On Tuesday, February 20 Barclays Capital maintained ServiceNow, Inc. (NYSE:NOW) rating. Barclays Capital has “Overweight” rating and $180 target. On Friday, March 16 Robert W. Baird maintained ServiceNow, Inc. (NYSE:NOW) rating. Robert W. Baird has “Buy” rating and $190.0 target. The stock rating was maintained by Robert W. Baird with “Buy” on Thursday, February 1. In Thursday, February 1 report UBS maintained it with “Buy” rating and $180.0 target. On Monday, April 30 Piper Jaffray maintained ServiceNow, Inc. (NYSE:NOW) with “Buy” rating. On Thursday, February 1 Northland Capital maintained ServiceNow, Inc. (NYSE:NOW) with “Buy” rating. The company rating was maintained by Barclays Capital on Thursday, April 26. In Tuesday, January 30 report Morgan Stanley maintained it with “Overweight” rating and $172 target.

ServiceNow, Inc. (NYSE:NOW) Institutional Investors Chart

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