Key Points
- CFO David Sherry sold 17,778 shares at an average of $69.86 for a total of $1,241,971.08, trimming his stake by 5.37% to 313,025 shares (SEC Form 4).
- Multiple senior executives also sold (CAO Michele O'Connor, CEO Ara Mahdessian and President Vahe Kuzoyan), a coordinated string of officer sales that can amplify negative investor sentiment.
- ServiceTitan beat quarterly revenue and EPS estimates with revenue up 21.4% year-over-year, but remains unprofitable (net margin -16.64%); analysts have cut price targets though the consensus rating is a Moderate Buy with a $113.56 average target.
ServiceTitan Inc. (NASDAQ:TTAN - Get Free Report) CEO Ara Mahdessian sold 2,288 shares of the firm's stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $69.86, for a total value of $159,839.68. Following the sale, the chief executive officer directly owned 1 shares of the company's stock, valued at $69.86. This represents a 99.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Ara Mahdessian also recently made the following trade(s):
- On Wednesday, January 14th, Ara Mahdessian sold 32,000 shares of ServiceTitan stock. The stock was sold at an average price of $98.50, for a total value of $3,152,000.00.
ServiceTitan Price Performance
Shares of TTAN stock opened at $68.18 on Friday. ServiceTitan Inc. has a 52 week low of $58.01 and a 52 week high of $131.33. The stock has a market capitalization of $6.39 billion, a PE ratio of -39.64 and a beta of -0.72. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.14 and a current ratio of 4.14. The stock's fifty day moving average is $76.75 and its 200-day moving average is $92.58.
ServiceTitan (NASDAQ:TTAN - Get Free Report) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.09. ServiceTitan had a negative net margin of 16.64% and a negative return on equity of 6.91%. The business had revenue of $253.99 million for the quarter, compared to the consensus estimate of $245.47 million. During the same quarter in the prior year, the company earned $0.12 EPS. The firm's quarterly revenue was up 21.4% on a year-over-year basis. Equities research analysts expect that ServiceTitan Inc. will post -1.98 EPS for the current fiscal year.
Institutional Trading of ServiceTitan
Institutional investors have recently bought and sold shares of the business. Cloud Capital Management LLC acquired a new position in shares of ServiceTitan in the 3rd quarter valued at $25,000. Toth Financial Advisory Corp boosted its position in shares of ServiceTitan by 150.0% in the 4th quarter. Toth Financial Advisory Corp now owns 250 shares of the company's stock worth $27,000 after purchasing an additional 150 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of ServiceTitan by 189.1% during the fourth quarter. Farther Finance Advisors LLC now owns 266 shares of the company's stock worth $28,000 after purchasing an additional 174 shares during the period. eCIO Inc. acquired a new stake in shares of ServiceTitan during the fourth quarter worth $30,000. Finally, Elevation Wealth Partners LLC acquired a new position in ServiceTitan in the fourth quarter valued at about $36,000.
ServiceTitan News Roundup
Here are the key news stories impacting ServiceTitan this week:
- Positive Sentiment: Q4 results: ServiceTitan reported a beat on both EPS ($0.27 vs. $0.18 est.) and revenue ($253.99M vs. $245.47M), with revenue up ~21% year-over-year — a near-term fundamental positive supporting the stock. MarketBeat TTAN
- Positive Sentiment: Analyst bullish view: Seeking Alpha reiterated a "Buy," arguing margin improvements and a lower valuation after the pullback make TTAN attractive for long-term investors. Seeking Alpha
- Neutral Sentiment: Valuation / volatility review: Coverage notes the recent pullback reduces forward multiples, but also highlights near‑term growth uncertainty — a mixed read for value vs. growth investors. Yahoo Finance Valuation
- Negative Sentiment: Price-target cuts: Truist trimmed its price target after Q4, and several firms have narrowed targets or lowered objectives (notably Goldman cut sharply), which can cap near-term upside. Truist / Yahoo
- Negative Sentiment: Insider selling — CFO: David Sherry sold 17,778 shares (~$1.24M at ~$69.86), trimming his stake; large officer sales often weigh on sentiment. CFO Form 4
- Negative Sentiment: Insider selling — CAO: Michele O’Connor sold 5,154 shares (~$360k at ~$69.86), a ~5.75% reduction in her holding. CAO Form 4
- Negative Sentiment: Insider selling — CEO & President: Ara Mahdessian and Vahe Kuzoyan sold several thousand shares each and now show token direct holdings, a conspicuous reduction that may amplify investor concern. CEO Form 4 President Form 4
Analysts Set New Price Targets
Several research firms have recently commented on TTAN. UBS Group reissued a "buy" rating on shares of ServiceTitan in a research note on Monday, December 1st. Stifel Nicolaus reduced their price objective on ServiceTitan from $145.00 to $125.00 and set a "buy" rating on the stock in a report on Friday, March 13th. Needham & Company LLC decreased their price objective on ServiceTitan from $140.00 to $100.00 and set a "buy" rating on the stock in a research report on Friday, March 13th. Wells Fargo & Company lowered their target price on ServiceTitan from $125.00 to $115.00 and set an "overweight" rating for the company in a research note on Friday, March 13th. Finally, KeyCorp dropped their target price on ServiceTitan from $140.00 to $120.00 and set an "overweight" rating for the company in a research report on Friday, March 13th. Sixteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $113.56.
Check Out Our Latest Research Report on ServiceTitan
ServiceTitan Company Profile
(
Get Free Report)
ServiceTitan, Inc (NASDAQ: TTAN) is a cloud-based software provider specializing in end-to-end business management solutions for residential and commercial trade contractors. The company's platform integrates customer relationship management, scheduling and dispatch, mobile workforce management, invoicing, payments and reporting tools into a single suite. By automating key back-office processes, ServiceTitan helps field service businesses improve operational efficiency, enhance customer experience and drive revenue growth.
At the core of ServiceTitan's offering is a mobile application that allows technicians to access job details, update work orders, capture signatures and process payments from the field.
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