Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. ServiceNow Inc shares valued at $333,220 were sold by Tzitzon Nicholas on Nov 25 ’24. At $1064.60 per share, Tzitzon Nicholas sold 313 shares. The insider’s holdings dropped to 3,649 shares worth approximately $3.8 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Sands Anita M sold 2,229 shares, netting a total of over 2,372,993 in proceeds. Following the sale of shares at $1064.60 each, the insider now holds 11,000 shares.
Before that, Sands Anita M had added 2,229 shares to its account. In a trade valued at $2,372,993, the Director bought ServiceNow Inc shares for $1064.60 each.
As published in their initiating research note from Scotiabank on November 19, 2024, ServiceNow Inc [NOW] has been a Sector outperform and the price target has been revised to $1230. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in late October. As of October 10, 2024, BMO Capital Markets has reiterated its “an Outperform” rating for NOW. Earlier on October 08, 2024, UBS resumed its rating. Their recommendation was “a Buy” for NOW stock.
Analyzing NOW Stock Performance
During the last five days, there has been a surge of approximately 1.80%. Over the course of the year, ServiceNow Inc shares have jumped approximately 47.40%. Shares of the company reached a 52-week high of $1,072.84 on 11/26/24 and a 52-week low of $637.99 on 05/31/24. A 50-day SMA is recorded $958.31, while a 200-day SMA reached $816.26. Nevertheless, trading volume fell to 0.98 million shares from 1.93 million shares the previous day.
Support And Resistance Levels for ServiceNow Inc (NOW)
According to the 24-hour chart, there is a support level at 1,031.47, which, if violated, would cause prices to drop to 1,021.55. In the upper region, resistance lies at 1,058.26. The next price resistance is at 1,075.13. RSI (Relative Strength Index) is 60.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 18.20, which suggests the price will increase in the coming days. Percent R is at 39.59%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
