3,441 Shares in ServiceTitan Inc. (NASDAQ:TTAN) Bought by Walleye Capital LLC

Walleye Capital LLC purchased a new stake in shares of ServiceTitan Inc. (NASDAQ:TTAN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,441 shares of the company's stock, valued at approximately $354,000.

Several other institutional investors have also recently bought and sold shares of TTAN. Barclays PLC bought a new position in ServiceTitan in the 4th quarter valued at about $267,000. Phoenix Financial Ltd. purchased a new stake in ServiceTitan in the 4th quarter valued at $498,000. Greenland Capital Management LP purchased a new position in ServiceTitan during the 4th quarter worth $303,000. FIL Ltd bought a new stake in shares of ServiceTitan in the 4th quarter worth $67,000. Finally, Invesco Ltd. purchased a new stake in shares of ServiceTitan in the fourth quarter valued at about $20,574,000.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Loop Capital reduced their target price on ServiceTitan from $105.00 to $90.00 and set a "hold" rating for the company in a report on Friday, March 14th. The Goldman Sachs Group initiated coverage on ServiceTitan in a research report on Monday, January 6th. They set a "neutral" rating and a $100.00 target price for the company. Piper Sandler restated an "overweight" rating and set a $125.00 price target on shares of ServiceTitan in a research report on Friday, March 14th. TD Cowen started coverage on shares of ServiceTitan in a research report on Tuesday, April 8th. They issued a "buy" rating and a $120.00 price objective on the stock. Finally, Wells Fargo & Company initiated coverage on shares of ServiceTitan in a research report on Monday, January 6th. They set an "overweight" rating and a $125.00 target price for the company. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, ServiceTitan presently has a consensus rating of "Moderate Buy" and an average target price of $118.23.

Insider Buying and Selling at ServiceTitan

In related news, CAO Michele O'connor sold 5,494 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $94.65, for a total value of $520,007.10. Following the transaction, the chief accounting officer now directly owns 89,302 shares in the company, valued at approximately $8,452,434.30. This represents a 5.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David Sherry sold 10,175 shares of the business's stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $94.65, for a total transaction of $963,063.75. Following the completion of the transaction, the chief financial officer now directly owns 325,409 shares of the company's stock, valued at approximately $30,799,961.85. This represents a 3.03 % decrease in their position. The disclosure for this sale can be found here.

ServiceTitan Stock Performance

Shares of ServiceTitan stock traded up $0.13 during trading on Tuesday, hitting $119.47. The stock had a trading volume of 221,682 shares, compared to its average volume of 384,821. ServiceTitan Inc. has a 12 month low of $79.81 and a 12 month high of $128.16. The company's 50-day moving average price is $98.75.

ServiceTitan Profile

ServiceTitan, Inc engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.