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Servicenow Stocks - News Analyzed: 5,306 - Last Week: 100 - Last Month: 394

↘ ServiceNow Stocks Face Mixed Market Reactions Amidst Acquisition Move and Insider Selling

ServiceNow Stocks Face Mixed Market Reactions Amidst Acquisition Move and Insider Selling
Generali Investments and Middleton & Co. Inc. have reduced their positions in ServiceNow, Inc. (NYSE:NOW) while Fisher Asset Management LLC and Bank of New York Mellon Corp have increased theirs. However, ServiceNow’s CFO sold 4,442 shares of stock. Quality 360 was acquired by ServiceNow to enhance AI-powered manufacturing solutions. Enterprise software stocks have been described as ‘horrendous’ by Jim Cramer. Despite fluctuations and insider selling, shares were purchased by several entities including Nixon Peabody Trust Co., Trifecta Capital Advisors LLC among others. Furthermore, ServiceNow showed potential as a long-term tech stock. US Bancorp DE and a few others decreased their positions in ServiceNow. There was significant volatility with down days, Insider Selling and loss for institutional investors last week, prompting caution. Nonetheless, the stock is one of Ken Fisher’s top high growth picks, and several analysts see potential in ServiceNow as a long term investment. Gina Mastantuono, ServiceNow's CFO, conducted a major sell-off. The company launched an AI-powered suite for federal agency efficiency, showing a commitment to innovation.

Servicenow Stocks News Analytics from Fri, 17 Jan 2025 08:00:00 GMT to Sat, 01 Mar 2025 20:13:10 GMT - Rating -3 - Innovation 7 - Information 8 - Rumor 2

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