NewEdge Wealth LLC Boosts Stock Position in ServiceTitan Inc. $TTAN

Posted by Stanley Muller on May 12th, 2026

NewEdge Wealth LLC increased its stake in ServiceTitan Inc. (NASDAQ:TTAN – Free Report) by 59.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,955 shares of the company’s stock after buying an additional 12,976 shares during the period. NewEdge Wealth LLC’s holdings in ServiceTitan were worth $3,723,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of ServiceTitan by 538.4% in the 3rd quarter. Vanguard Group Inc. now owns 4,429,930 shares of the company’s stock worth $446,670,000 after buying an additional 3,735,968 shares during the last quarter. Truist Financial Corp grew its stake in shares of ServiceTitan by 84.3% in the 3rd quarter. Truist Financial Corp now owns 42,789 shares of the company’s stock worth $4,314,000 after buying an additional 19,577 shares during the last quarter. Thornburg Investment Management Inc. purchased a new stake in ServiceTitan during the 3rd quarter valued at $8,338,000. Sandhill Capital Partners LLC bought a new stake in shares of ServiceTitan in the 3rd quarter worth $27,062,000. Finally, Rakuten Investment Management Inc. bought a new stake in shares of ServiceTitan in the 3rd quarter worth $5,376,000.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. BTIG Research reduced their target price on ServiceTitan from $130.00 to $105.00 and set a “buy” rating for the company in a report on Thursday, March 12th. Morgan Stanley reduced their target price on ServiceTitan from $131.00 to $118.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Wells Fargo & Company reduced their target price on ServiceTitan from $125.00 to $115.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Citigroup reduced their target price on ServiceTitan from $117.00 to $88.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Finally, BMO Capital Markets reduced their target price on ServiceTitan from $108.00 to $92.00 and set an “outperform” rating for the company in a report on Friday, March 13th. Sixteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, ServiceTitan currently has an average rating of “Moderate Buy” and a consensus target price of $112.31.

Check Out Our Latest Report on TTAN

ServiceTitan Price Performance

TTAN stock opened at $60.29 on Tuesday. The company has a market cap of $5.65 billion, a P/E ratio of -35.05 and a beta of -0.23. ServiceTitan Inc. has a 1 year low of $55.23 and a 1 year high of $131.33. The stock’s fifty day moving average price is $66.03 and its 200-day moving average price is $81.79.

ServiceTitan (NASDAQ:TTAN – Get Free Report) last released its quarterly earnings results on Thursday, March 12th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.09. The firm had revenue of $253.99 million for the quarter, compared to the consensus estimate of $245.47 million. ServiceTitan had a negative return on equity of 6.86% and a negative net margin of 16.64%.The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period last year, the business posted $0.12 EPS. As a group, analysts expect that ServiceTitan Inc. will post -0.62 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Michele O’connor sold 5,154 shares of ServiceTitan stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $69.86, for a total transaction of $360,058.44. Following the transaction, the chief accounting officer directly owned 84,416 shares in the company, valued at approximately $5,897,301.76. The trade was a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ara Mahdessian sold 2,288 shares of ServiceTitan 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 transaction, the chief executive officer owned 1 shares in the company, valued at $69.86. This trade represents a 99.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,440 shares of company stock valued at $2,281,468 over the last three months. 39.89% of the stock is currently owned by company insiders.

ServiceTitan Profile

(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.