Servicenow, Inc. (NOW) Files Form 4 Insider Selling : David Schneider Sells 15,000 Shares

Servicenow, Inc. (NOW): David Schneider , Chief Revenue Officer of Servicenow, Inc. sold 15,000 shares on Apr 7, 2016. The Insider selling transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were sold at $64.19 per share for a total value of $961,882.31.

Company has been under the radar of several Street Analysts.ServiceNow Inc is Initiated by Macquarie to Outperform. The Rating was issued on Mar 4, 2016.ServiceNow Inc is Reiterated by Deutsche Bank to Buy while Lowering the Price Target of the company shares to $ 75 from a previous price target of $90 . The Rating was issued on Feb 22, 2016.ServiceNow Inc is Initiated by Wunderlich to Buy and the brokerage firm has set the Price Target at $75. The Rating was issued on Feb 18, 2016.ServiceNow Inc is Reiterated by Barclays to Overweight while Lowering the Price Target of the company shares to $ 63 from a previous price target of $93 . The Rating was issued on Feb 10, 2016.ServiceNow Inc is Downgraded by Mizuho to Neutral while Lowering the Price Target of the company shares to $ 65 from a previous price target of $90 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jan 28, 2016.

Currently the company Insiders own 10.2% of ServiceNow Inc shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -28.78%.Institutional Investors own 94.21% of ServiceNow Inc shares.During last six month period, the net percent change held by insiders has seen a change of 3.39%.

Shares of ServiceNow Inc (NOW) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -1.19 points or -1.84% at $63.31 with 13,48,227 shares getting traded. Post opening the session at $64.87, the shares hit an intraday low of $63.18 and an intraday high of $65.33 and the price vacillated in this range throughout the day. The company has a market cap of $10,218 M and the number of outstanding shares has been calculated to be 16,14,00,000 shares. The 52-week high of ServiceNow Inc is $91.28 and the 52-week low is $45.995.

ServiceNow Inc Money Flow Index Chart

ServiceNow Inc. is a provider of cloud-based solutions that define structure manage and automate services across the global enterprise. The Company provides cloud-based service management solutions that address the needs of a range of departments within an organization including IT human resources (HR) facilities field service marketing legal and finance. It also provides business management and IT operations management solutions that facilitate the delivery of services across the enterprise. The Company markets its services to enterprises in a variety of industries including financial services consumer products IT services health care and technology. The Company offers a portfolio of services including Professional Services Education Services and Customer Support. The Company provides its services from data centers located in Australia Brazil Canada Hong Kong the Netherlands Singapore Switzerland the United Kingdom and the United States.

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