David Sherry Sells 10,175 Shares of ServiceTitan Inc. (NASDAQ:TTAN) Stock

ServiceTitan Inc. (NASDAQ:TTAN - Get Free Report) CFO David Sherry sold 10,175 shares of the business's stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $94.65, for a total value of $963,063.75. Following the completion of the sale, the chief financial officer now directly owns 325,409 shares of the company's stock, valued at $30,799,961.85. The trade was a 3.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

ServiceTitan Stock Up 0.4 %

Shares of TTAN stock traded up $0.38 during trading hours on Friday, hitting $95.52. 395,680 shares of the company were exchanged, compared to its average volume of 336,773. The company's fifty day moving average price is $96.42. ServiceTitan Inc. has a 52-week low of $79.81 and a 52-week high of $112.00.

ServiceTitan (NASDAQ:TTAN - Get Free Report) last issued its earnings results on Monday, January 13th. The company reported ($1.18) earnings per share (EPS) for the quarter. As a group, equities analysts expect that ServiceTitan Inc. will post -1.98 EPS for the current year.

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Analyst Ratings Changes

A number of brokerages have recently weighed in on TTAN. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 target price on shares of ServiceTitan in a research report on Friday, March 14th. Piper Sandler reaffirmed an "overweight" rating and issued a $125.00 price objective on shares of ServiceTitan in a research note on Friday, March 14th. Morgan Stanley boosted their target price on shares of ServiceTitan from $104.00 to $107.00 and gave the stock an "equal weight" rating in a research report on Friday, March 14th. The Goldman Sachs Group initiated coverage on shares of ServiceTitan in a research report on Monday, January 6th. They issued a "neutral" rating and a $100.00 price target on the stock. Finally, Robert W. Baird started coverage on ServiceTitan in a report on Friday, December 27th. They set an "outperform" rating and a $117.00 price objective for the company. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, ServiceTitan currently has a consensus rating of "Moderate Buy" and an average price target of $114.33.

Institutional Investors Weigh In On ServiceTitan

Institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. bought a new stake in shares of ServiceTitan in the fourth quarter valued at approximately $26,000. Assetmark Inc. bought a new stake in ServiceTitan during the 4th quarter valued at $67,000. FIL Ltd purchased a new stake in shares of ServiceTitan during the fourth quarter worth $67,000. Tower Research Capital LLC TRC bought a new position in shares of ServiceTitan in the fourth quarter worth $91,000. Finally, Insight Holdings Group LLC bought a new position in shares of ServiceTitan in the fourth quarter worth $103,000.

ServiceTitan Company 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.