ServiceNow Inc’s recently made public that its Chief People Officer Canney Jacqueline P unloaded Company’s shares for reported $0.48 million on Jan 16 ’25. In the deal valued at $1058.54 per share,455 shares were sold. As a result of this transaction, Canney Jacqueline P now holds 3,027 shares worth roughly $3.32 million.
Then, Canney Jacqueline P bought 455 shares, generating $481,636 in total proceeds.
Before that, Chamberlain Paul Edward sold 300 shares. ServiceNow Inc shares valued at $314,385 were divested by the Director at a price of $1047.95 per share. As a result of the transaction, Chamberlain Paul Edward now holds 10,467 shares, worth roughly $11.48 million.
Cantor Fitzgerald initiated its ServiceNow Inc [NOW] rating to an Overweight in a research note published on January 17, 2025; the price target was $1332. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in late December with a ‘”an Outperform”‘ rating. KeyBanc Capital Markets also remained covering NOW and has decreased its forecast on December 13, 2024 with a “Sector weight” recommendation from previously “an Overweight” rating. Scotiabank started covering the stock on November 19, 2024. It rated NOW as “a Sector outperform”.
Price Performance Review of NOW
On Tuesday, ServiceNow Inc [NYSE:NOW] saw its stock jump 2.37% to $1096.85. Over the last five days, the stock has gained 7.99%. ServiceNow Inc shares have risen nearly 3.46% since the year began. Nevertheless, the stocks have risen 47.04% over the past one year. While a 52-week high of $1157.90 was reached on 01/21/25, a 52-week low of $637.99 was recorded on 01/13/25. SMA at 50 days reached $1,066.92, while 200 days put it at $870.15.
Levels Of Support And Resistance For NOW Stock
The 24-hour chart illustrates a support level at 1,087.09, which if violated will result in even more drops to 1,077.34. On the upside, there is a resistance level at 1,105.74. A further resistance level may holdings at 1,114.63. The Relative Strength Index (RSI) on the 14-day chart is 58.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 18.92, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.58%. Stochastics %K at 81.34% indicates the stock is a selling.
How much short interest is there in ServiceNow Inc?
A steep rise in short interest was recorded in ServiceNow Inc stocks on 2024-12-31, growing by 0.39 million shares to a total of 3.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.21 million shares. There was a rise of 10.93%, which implies that there is a positive sentiment for the stock.
