Guardian Partners Inc. Invests $813,000 in ServiceNow, Inc. $NOW

Posted by Francis Steltz on Jul 29th, 2026

Guardian Partners Inc. purchased a new stake in shares of ServiceNow, Inc. (NYSE:NOW – Free Report) during the 1st quarter, Holdings Channel reports. The fund purchased 7,756 shares of the information technology services provider’s stock, valued at approximately $813,000.

Other hedge funds have also added to or reduced their stakes in the company. Amundi increased its position in ServiceNow by 60.9% in the first quarter. Amundi now owns 11,479,098 shares of the information technology services provider’s stock worth $1,200,140,000 after purchasing an additional 4,346,722 shares during the period. EverSource Wealth Advisors LLC lifted its position in ServiceNow by 13.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 12,076 shares of the information technology services provider’s stock valued at $1,262,000 after purchasing an additional 1,467 shares during the period. Talon Private Wealth LLC bought a new position in shares of ServiceNow in the 1st quarter valued at about $829,000. RDST Capital LLC bought a new position in shares of ServiceNow in the 1st quarter valued at about $8,004,000. Finally, Resources Management Corp CT ADV grew its position in shares of ServiceNow by 30.5% during the 1st quarter. Resources Management Corp CT ADV now owns 15,290 shares of the information technology services provider’s stock worth $1,599,000 after buying an additional 3,575 shares during the period. Institutional investors own 87.18% of the company’s stock.

Wall Street Analyst Weigh In

NOW has been the subject of a number of recent research reports. BTIG Research reissued a “buy” rating and set a $150.00 price target on shares of ServiceNow in a research note on Wednesday, July 22nd. Cantor Fitzgerald lifted their target price on shares of ServiceNow from $122.00 to $141.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. JPMorgan Chase & Co. lifted their target price on shares of ServiceNow from $145.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. The Goldman Sachs Group reiterated a “buy” rating and set a $145.00 target price (down from $163.00) on shares of ServiceNow in a research report on Wednesday, July 8th. Finally, Wolfe Research set a $125.00 price target on ServiceNow in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $143.39.

Get Our Latest Stock Report on ServiceNow

Insider Buying and Selling

In other news, Director Paul Edward Chamberlain sold 1,500 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $87.23, for a total transaction of $130,845.00. Following the sale, the director owned 44,930 shares of the company’s stock, valued at $3,919,243.90. This trade represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul Fipps sold 1,048 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $98.51, for a total value of $103,238.48. Following the completion of the transaction, the insider owned 12,072 shares of the company’s stock, valued at $1,189,212.72. This represents a 7.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 19,144 shares of company stock valued at $1,730,097. 0.34% of the stock is owned by company insiders.

ServiceNow Stock Up 4.7%

Shares of NYSE NOW opened at $110.55 on Wednesday. The stock has a market cap of $114.30 billion, a P/E ratio of 69.09, a P/E/G ratio of 1.86 and a beta of 0.96. The firm has a 50 day moving average price of $104.99 and a 200 day moving average price of $106.84. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.70 and a current ratio of 0.70. ServiceNow, Inc. has a 52-week low of $81.24 and a 52-week high of $201.15.

ServiceNow (NYSE:NOW – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The information technology services provider reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.04. The company had revenue of $3.99 billion for the quarter, compared to analyst estimates of $3.93 billion. ServiceNow had a net margin of 11.34% and a return on equity of 16.45%. The business’s revenue for the quarter was up 24.0% compared to the same quarter last year. During the same period last year, the business posted $0.81 earnings per share. Analysts expect that ServiceNow, Inc. will post 2.24 EPS for the current year.

Key ServiceNow News

Here are the key news stories impacting ServiceNow this week:

Positive Sentiment: ServiceNow’s second-quarter performance remains a key bullish argument: revenue grew 24% year over year to $3.99 billion, earnings exceeded estimates, large-deal activity accelerated, and management raised its full-year outlook. The company also reported more than $1 billion in annual contract value from its AI offerings. Is the Market Mispricing ServiceNow’s AI Future?
Positive Sentiment: Analysts and investors are increasingly viewing ServiceNow as an AI beneficiary rather than an AI-disruption victim. Its workflow automation platform, enterprise AI products, and potential shift toward consumption-based pricing could create additional revenue as customers deploy more AI-driven work. ServiceNow Is Building an AI Business for Enterprises
Positive Sentiment: The company’s expanding cybersecurity business is being highlighted as another potential growth engine beyond AI, while a new integration from IP Fabric could strengthen ServiceNow’s configuration-management database offering and customer value proposition. ServiceNow’s Q2 Earnings Showed It’s More Than an AI Stock
Neutral Sentiment: ServiceNow remains a popular “value” and turnaround discussion among analysts after falling substantially this year. The stock’s valuation is more attractive than before, but its elevated earnings multiple means investors still require sustained growth and successful AI monetization. ServiceNow’s Revenue Growth Is Accelerating
Negative Sentiment: ServiceNow cut hundreds of jobs as part of a global restructuring and efficiency push. While the reductions may improve operating discipline and align with CEO Bill McDermott’s focus on streamlining workflows, they also signal cost pressures and broader uncertainty across the software sector. ServiceNow Cuts Jobs Amid Global Restructuring and AI Focus

About ServiceNow

(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.

The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.