Needham & Company LLC reiterated their buy rating on shares of ServiceTitan (NASDAQ:TTAN - Free Report) in a report published on Wednesday,Benzinga reports. Needham & Company LLC currently has a $125.00 price objective on the stock.
Other equities analysts have also issued reports about the stock. TD Cowen started coverage on shares of ServiceTitan in a research note on Tuesday, April 8th. They issued a "buy" rating and a $120.00 target price for the company. Truist Financial began coverage on ServiceTitan in a research report on Monday, January 6th. They set a "buy" rating and a $120.00 price objective for the company. Canaccord Genuity Group began coverage on ServiceTitan in a research note on Monday, January 6th. They issued a "buy" rating and a $120.00 target price on the stock. Morgan Stanley raised their price target on shares of ServiceTitan from $104.00 to $107.00 and gave the stock an "equal weight" rating in a research note on Friday, March 14th. Finally, Robert W. Baird started coverage on ServiceTitan in a research report on Friday, December 27th. They issued an "outperform" rating and a $117.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $114.77.
View Our Latest Stock Report on TTAN
ServiceTitan Trading Up 1.9 %
TTAN stock traded up $1.87 during midday trading on Wednesday, hitting $102.76. 70,808 shares of the company's stock were exchanged, compared to its average volume of 362,888. ServiceTitan has a one year low of $79.81 and a one year high of $112.00. The stock's fifty day moving average is $94.84.
ServiceTitan (NASDAQ:TTAN - Get Free Report) last announced its quarterly earnings results on Monday, January 13th. The company reported ($1.18) earnings per share for the quarter. On average, analysts forecast that ServiceTitan will post -1.98 earnings per share for the current year.
Insider Activity at ServiceTitan
In related news, CFO David Sherry sold 10,175 shares of the 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 sale, the chief financial officer now owns 325,409 shares of the company's stock, valued at $30,799,961.85. This represents a 3.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Michele O'connor sold 5,494 shares of ServiceTitan stock in a transaction 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 completion of the transaction, the chief accounting officer now directly owns 89,302 shares of the company's stock, valued at $8,452,434.30. This represents a 5.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Institutional Investors Weigh In On ServiceTitan
Institutional investors and hedge funds have recently bought and sold shares of the company. SBI Securities Co. Ltd. bought a new stake in shares of ServiceTitan during the 4th quarter worth approximately $26,000. Harbor Investment Advisory LLC acquired a new position in ServiceTitan during the first quarter valued at approximately $31,000. Assetmark Inc. bought a new stake in ServiceTitan during the fourth quarter worth $67,000. FIL Ltd bought a new position in shares of ServiceTitan in the 4th quarter valued at $67,000. Finally, Tower Research Capital LLC TRC acquired a new position in shares of ServiceTitan during the 4th quarter worth $91,000.
About ServiceTitan
(
Get Free Report)
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.
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