Key Points
- CFO David Sherry sold 833 shares on November 17 at an average price of $86.20 for $71,804.60, leaving him with 345,952 shares (a 0.24% ownership decrease) per an SEC Form 4 filing.
- The November sale continues a recent pattern of insider dispositions — including sales on Oct 21 (853 shares at $96.39), Oct 20 (833 shares at $93.04) and Sept 17 (11,746 shares at $116.04) — signaling an ongoing reduction in his holdings.
- By way of context, ServiceTitan trades around $86 with a market cap of about $8.02 billion, negative EPS/PE metrics despite 25.5% revenue growth year-over-year, and a consensus analyst stance of Moderate Buy with an average target of $132.67.
ServiceTitan Inc. (NASDAQ:TTAN - Get Free Report) CFO David Sherry sold 833 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $86.20, for a total value of $71,804.60. Following the transaction, the chief financial officer directly owned 345,952 shares of the company's stock, valued at approximately $29,821,062.40. This trade represents a 0.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
David Sherry also recently made the following trade(s):
- On Tuesday, October 21st, David Sherry sold 853 shares of ServiceTitan stock. The shares were sold at an average price of $96.39, for a total value of $82,220.67.
- On Monday, October 20th, David Sherry sold 833 shares of ServiceTitan stock. The stock was sold at an average price of $93.04, for a total value of $77,502.32.
- On Wednesday, September 17th, David Sherry sold 11,746 shares of ServiceTitan stock. The stock was sold at an average price of $116.04, for a total value of $1,363,005.84.
ServiceTitan Price Performance
ServiceTitan stock traded up $0.22 during midday trading on Wednesday, reaching $86.26. The company's stock had a trading volume of 426,855 shares, compared to its average volume of 659,833. The firm has a market capitalization of $8.02 billion and a PE ratio of -15.97. ServiceTitan Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $131.33. The stock's 50 day simple moving average is $99.46 and its 200 day simple moving average is $107.19. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.49 and a current ratio of 4.49.
ServiceTitan (NASDAQ:TTAN - Get Free Report) last posted its quarterly earnings results on Thursday, September 4th. The company reported ($0.22) earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.40). ServiceTitan had a negative return on equity of 16.87% and a negative net margin of 26.08%.The company had revenue of $242.12 million for the quarter, compared to analyst estimates of $229.58 million. The firm's revenue was up 25.5% on a year-over-year basis. ServiceTitan has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, equities research analysts forecast that ServiceTitan Inc. will post -1.98 earnings per share for the current year.
Hedge Funds Weigh In On ServiceTitan
A number of institutional investors have recently made changes to their positions in TTAN. Cloud Capital Management LLC purchased a new stake in shares of ServiceTitan in the third quarter valued at $25,000. Northwestern Mutual Wealth Management Co. increased its position in ServiceTitan by 1,005.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 431 shares of the company's stock worth $46,000 after purchasing an additional 392 shares in the last quarter. Whittier Trust Co. acquired a new position in ServiceTitan in the 3rd quarter valued at about $52,000. Parallel Advisors LLC lifted its holdings in ServiceTitan by 161.7% in the 3rd quarter. Parallel Advisors LLC now owns 526 shares of the company's stock valued at $53,000 after purchasing an additional 325 shares in the last quarter. Finally, PNC Financial Services Group Inc. purchased a new position in ServiceTitan in the 2nd quarter valued at about $79,000.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on TTAN. Wells Fargo & Company increased their target price on shares of ServiceTitan from $130.00 to $140.00 and gave the company an "overweight" rating in a report on Friday, September 19th. Loop Capital upgraded ServiceTitan from a "hold" rating to a "buy" rating and upped their price target for the stock from $100.00 to $140.00 in a report on Monday, August 18th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of ServiceTitan in a research note on Thursday, November 13th. BMO Capital Markets initiated coverage on ServiceTitan in a report on Thursday, August 28th. They set an "outperform" rating and a $129.00 price objective for the company. Finally, Citigroup upped their target price on ServiceTitan from $111.00 to $123.00 and gave the company a "neutral" rating in a report on Tuesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $132.67.
Check Out Our Latest Stock Analysis on ServiceTitan
ServiceTitan Company Profile
(
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.
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