Insider Selling: Nicholas Tzitzon Sells Shares of ServiceNow Inc (NOW)

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3 days ago
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On November 25, 2024, Nicholas Tzitzon, Chief Strategy & Corporate Affairs Officer at ServiceNow Inc (NOW, Financial), sold 313 shares of the company. Following this transaction, the insider now owns 3,649 shares of ServiceNow Inc. The details of this transaction can be found in the SEC Filing. ServiceNow Inc is a leading provider of enterprise cloud computing solutions that define, structure, manage, and automate services for global enterprises. The company offers a range of services, including IT service management, operations management, and business management, which help organizations streamline their operations and improve efficiency. 1861924054584422400.png Over the past year, Nicholas Tzitzon has sold a total of 4,170 shares and has not purchased any shares. The insider transaction history for ServiceNow Inc indicates that there have been no insider buys in the past year, while there have been 54 insider sells. 1861924104035266560.png On the day of the recent sale, shares of ServiceNow Inc were trading at $1,064.60, giving the stock a market cap of $214.858 billion. The company's price-earnings ratio stands at 161.96, which is higher than the industry median of 26.79 but lower than the company’s historical median price-earnings ratio. With a trading price of $1,064.60 and a GF Value of $824.71, ServiceNow Inc has a price-to-GF-Value ratio of 1.29, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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