Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. ServiceNow Inc shares valued at $481,636 were purchased by Canney Jacqueline P on Jan 16 ’25. At $1058.54 per share, Canney Jacqueline P acquired 455 shares.
Also, Chamberlain Paul Edward sold 300 shares, netting a total of over 314,385 in proceeds. Following the sale of shares at $1047.95 each, the insider now holds 10,467 shares.
Before that, PAUL EDWARD CHAMBERLAIN had added 600 shares to its account. In a trade valued at $624,840, the Director bought ServiceNow Inc shares for $1041.40 each.
As published in their initiating research note from Raymond James on December 24, 2024, ServiceNow Inc [NOW] has been an Outperform and the price target has been revised to $1200. Analysts at KeyBanc Capital Markets downgraded the stock from ‘”an Overweight”‘ to ‘”a Sector weight”‘ outlook in a report released in mid December. As of November 19, 2024, Scotiabank has initiated its “Sector outperform” rating for NOW. Earlier on October 21, 2024, Morgan Stanley downgraded its rating. Their new recommendation was “an Equal-weight” for NOW stock which previously was a “an Overweight”.
Analyzing NOW Stock Performance
During the last five days, there has been a surge of approximately 0.77%. Over the course of the year, ServiceNow Inc shares have dropped approximately -0.28%. Shares of the company reached a 52-week high of $1,085.00 on 01/07/25 and a 52-week low of $999.13 on 01/13/25. A 50-day SMA is recorded $1,062.07, while a 200-day SMA reached $866.89. Nevertheless, trading volume fell to 0.63 million shares from 1.29 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 1,051.58, which, if violated, would cause prices to drop to 1,045.99. In the upper region, resistance lies at 1,063.75. The next price resistance is at 1,070.33. RSI (Relative Strength Index) is 48.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -9.59, which suggests the price will decrease in the coming days. Percent R is at 45.74%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
