David Sherry Sells 853 Shares of ServiceTitan (NASDAQ:TTAN) Stock

ServiceTitan Inc. (NASDAQ:TTAN) CFO David Sherry sold 853 shares of ServiceTitan stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $96.39, for a total value of $82,220.67. Following the completion of the sale, the chief financial officer directly owned 346,785 shares in the company, valued at $33,426,606.15. This represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

David Sherry also recently made the following trade(s):

• 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 Stock Performance

NASDAQ TTAN opened at $98.42 on Friday. The stock’s fifty day moving average is $104.79 and its two-hundred day moving average is $109.74. The firm has a market capitalization of $9.15 billion and a P/E ratio of -18.23. 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 Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $131.33.

ServiceTitan (NASDAQ:TTAN) last released its quarterly earnings data 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). The company had revenue of $242.12 million for the quarter, compared to analyst estimates of $229.58 million. ServiceTitan had a negative return on equity of 16.87% and a negative net margin of 26.08%.ServiceTitan’s quarterly revenue was up 25.5% compared to the same quarter last year. ServiceTitan has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, research analysts anticipate that ServiceTitan Inc. will post -1.98 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. KeyCorp set a $140.00 price objective on ServiceTitan and gave the stock an “overweight” rating in a research note on Wednesday, July 16th. Citigroup lifted their target price on ServiceTitan from $111.00 to $123.00 and gave the company a “neutral” rating in a research report on Tuesday, September 9th. Stifel Nicolaus lifted their target price on ServiceTitan from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Friday, September 19th. Raymond James Financial assumed coverage on ServiceTitan in a research report on Friday, August 29th. They issued a “market perform” rating on the stock. Finally, Needham & Company LLC restated a “buy” rating and issued a $140.00 target price on shares of ServiceTitan in a research report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $132.67.

Institutional Investors Weigh In On ServiceTitan

Institutional investors and hedge funds have recently modified their holdings of the company. Comerica Bank raised its holdings in shares of ServiceTitan by 92,500.0% in the 1st quarter. Comerica Bank now owns 2,778 shares of the company’s stock valued at $264,000 after buying an additional 2,775 shares during the period. XTX Topco Ltd purchased a new stake in shares of ServiceTitan in the 1st quarter valued at $324,000. Perpetual Ltd purchased a new stake in shares of ServiceTitan in the 2nd quarter valued at $324,000. Assetmark Inc. raised its holdings in shares of ServiceTitan by 47.2% in the 1st quarter. Assetmark Inc. now owns 960 shares of the company’s stock valued at $91,000 after buying an additional 308 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of ServiceTitan by 25.8% in the 1st quarter. Vanguard Group Inc. now owns 701,060 shares of the company’s stock valued at $66,678,000 after buying an additional 143,574 shares during the period.

ServiceTitan Company Profile

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.