On July 30, 2024, Director Anita Sands sold 940 shares of ServiceNow Inc (NOW, Financial), as reported in a recent SEC Filing. Following this transaction, the insider now owns 13,229 shares of the company.
ServiceNow Inc (NOW, Financial) specializes in providing cloud computing solutions to manage digital workflows for enterprise operations. The company's platform allows organizations to enhance operational efficiencies by automating routine work tasks.
Over the past year, Anita Sands has sold a total of 2,240 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within the company, where there have been 65 insider sells and no insider buys over the past year.
Shares of ServiceNow Inc were priced at $800 on the day of the sale. The company currently holds a market cap of approximately $167.65 billion. The price-earnings ratio stands at 144.45, which is above the industry median of 26.76.
The stock's valuation metrics show a GF Value of $779.58, leading to a price-to-GF-Value ratio of 1.03, indicating that the stock is Fairly Valued.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates from analysts.
This insider sale might be of interest to investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.
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.
