ServiceNow, Inc. $NOW Shares Bought by Quintet Private Bank Europe S.A.

04 Apr 2026, 12:36 by Danessa Lincoln · The Markets Daily

Quintet Private Bank Europe S.A. lifted its holdings in shares of ServiceNow, Inc. (NYSE:NOW – Free Report) by 383.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 180,693 shares of the information technology services provider’s stock after purchasing an additional 143,288 shares during the quarter. ServiceNow comprises about 1.6% of Quintet Private Bank Europe S.A.’s investment portfolio, making the stock its 18th biggest position. Quintet Private Bank Europe S.A.’s holdings in ServiceNow were worth $27,680,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in NOW. Aspiriant LLC increased its stake in ServiceNow by 469.0% in the fourth quarter. Aspiriant LLC now owns 3,135 shares of the information technology services provider’s stock valued at $480,000 after purchasing an additional 2,584 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in ServiceNow by 398.3% in the 4th quarter. Harbor Capital Advisors Inc. now owns 22,967 shares of the information technology services provider’s stock worth $3,518,000 after buying an additional 18,358 shares during the last quarter. Cohen Klingenstein LLC boosted its stake in ServiceNow by 400.0% in the 4th quarter. Cohen Klingenstein LLC now owns 10,000 shares of the information technology services provider’s stock worth $1,532,000 after buying an additional 8,000 shares during the last quarter. Wealth Management Associates Inc. grew its holdings in ServiceNow by 442.6% in the 4th quarter. Wealth Management Associates Inc. now owns 2,805 shares of the information technology services provider’s stock valued at $430,000 after buying an additional 2,288 shares during the period. Finally, Clarus Group Inc. increased its stake in shares of ServiceNow by 368.1% during the 4th quarter. Clarus Group Inc. now owns 2,790 shares of the information technology services provider’s stock valued at $427,000 after acquiring an additional 2,194 shares during the last quarter. Hedge funds and other institutional investors own 87.18% of the company’s stock.

Insider Activity

In other news, Director Paul Edward Chamberlain sold 1,500 shares of ServiceNow stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $101.17, for a total transaction of $151,755.00. Following the sale, the director owned 46,430 shares in the company, valued at $4,697,323.10. This trade represents a 3.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Paul Fipps sold 3,696 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $101.77, for a total transaction of $376,141.92. Following the transaction, the insider directly owned 8,061 shares in the company, valued at approximately $820,367.97. The trade was a 31.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 16,237 shares of company stock worth $1,697,162 over the last 90 days. Company insiders own 0.34% of the company’s stock.

Analyst Ratings Changes

NOW has been the topic of several research analyst reports. Stifel Nicolaus decreased their target price on shares of ServiceNow from $180.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday. Wall Street Zen lowered shares of ServiceNow from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Royal Bank Of Canada cut their price target on shares of ServiceNow from $185.00 to $150.00 and set an “outperform” rating on the stock in a research note on Monday, February 9th. Robert W. Baird set a $175.00 price target on shares of ServiceNow in a report on Thursday, January 29th. Finally, Jefferies Financial Group lowered their price objective on shares of ServiceNow from $230.00 to $175.00 and set a “buy” rating for the company in a research note on Friday, January 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, ServiceNow has a consensus rating of “Moderate Buy” and an average target price of $188.59.

View Our Latest Report on NOW

ServiceNow Price Performance

Shares of NYSE NOW opened at $101.98 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.00 and a quick ratio of 1.00. ServiceNow, Inc. has a 1-year low of $98.00 and a 1-year high of $211.48. The company has a market capitalization of $106.67 billion, a price-to-earnings ratio of 61.14, a PEG ratio of 1.71 and a beta of 1.01. The business has a 50-day moving average of $110.44 and a 200-day moving average of $147.38.

ServiceNow (NYSE:NOW – Get Free Report) last announced its earnings results on Wednesday, January 28th. The information technology services provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.89 by $0.03. The business had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $3.53 billion. ServiceNow had a return on equity of 18.54% and a net margin of 13.16%.The company’s revenue was up 20.7% on a year-over-year basis. During the same period last year, the business posted $0.73 EPS. On average, equities analysts anticipate that ServiceNow, Inc. will post 8.93 EPS for the current fiscal year.

Trending Headlines about ServiceNow

Here are the key news stories impacting ServiceNow this week:

Positive Sentiment: CEO Bill McDermott personally invested roughly $3 million into NOW, signaling management confidence and providing a direct vote of conviction amid the pullback. ServiceNow (NOW) Stock: CEO Invests $3M Amid 32% Year-to-Date Decline
Positive Sentiment: ServiceNow expanded its partnership with NVIDIA to operationalize the company’s AI “Control Tower,” which could accelerate product differentiation and enterprise AI adoption—a strategic positive for growth and gross-margin leverage. ServiceNow (NOW) Expands Partnership With NVIDIA
Positive Sentiment: Following the sharp pullback, at least one outlet highlights a fresh buy call — fresh analyst interest could attract value-focused funds looking for rebound candidates after the sell-off. ServiceNow Gets Fresh Buy Call After Sharp Pullback
Positive Sentiment: Analysis suggests the Armis acquisition strengthens ServiceNow’s core platform and could expand enterprise security/use-case cross-sell—supportive for longer-term revenue expansion. ServiceNow’s Deal May Be Bigger Than It Looks
Neutral Sentiment: CEO McDermott is publicly re-shaping ServiceNow’s business model around AI execution (the “control tower” concept). This signals strategic direction but execution and monetization timelines remain the key uncertainties. ServiceNow CEO Builds New Business Model Around AI
Neutral Sentiment: Coverage pieces note ServiceNow among AI/enterprise leaders that could outperform broader markets if AI tailwinds persist; these are thematic endorsements rather than near-term catalysts. Tech Sell-Off: Wall Street Sees 60% or More Upside for These S&P 500 Stocks
Neutral Sentiment: Corporate hiring/leadership moves in India (new MD/GVP) are incremental operational items that support regional growth but are unlikely to move the stock by themselves. ServiceNow appoints Kulmeet Bawa as MD and group VP for the India, SAARC
Negative Sentiment: Stifel cut its price target from $180 to $135, citing weaker U.S. federal spending and softer Q1 trends—this is the primary near-term negative driver because it directly lowers sell‑side expectations and frames public-sector demand risk. ServiceNow’s price target set lower by Stifel due to weaker federal spending
Negative Sentiment: The stock has seen a substantial multi-month decline and recent daily drops, reinforcing momentum-driven selling and making it vulnerable to further cuts or rotation out of high-multiple software names. ServiceNow (NOW) Stock Declines While Market Improves: Some Information for Investors

ServiceNow Profile

(Free Report)

ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.