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

ServiceTitan Inc. (NASDAQ:TTAN) 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 transaction of $963,063.75. Following the completion of the transaction, the chief financial officer now owns 325,409 shares in the company, valued at $30,799,961.85. The trade was a 3.03 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

ServiceTitan Trading Up 1.9 %

ServiceTitan stock opened at $98.71 on Thursday. ServiceTitan Inc. has a 52-week low of $79.81 and a 52-week high of $112.00. The business’s 50 day simple moving average is $96.53.

ServiceTitan (NASDAQ:TTAN) last announced its quarterly earnings data on Monday, January 13th. The company reported ($1.18) earnings per share (EPS) for the quarter. Equities analysts expect that ServiceTitan Inc. will post -1.98 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Citigroup upped their price objective on ServiceTitan from $109.00 to $113.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. Piper Sandler reiterated an “overweight” rating and set a $125.00 price target on shares of ServiceTitan in a report on Friday, March 14th. 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. Robert W. Baird started coverage on shares of ServiceTitan in a research note on Friday, December 27th. They set an “outperform” rating and a $117.00 target price for the company. Finally, Baird R W raised shares of ServiceTitan to a “strong-buy” rating in a research note on Friday, December 27th. Four 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 company. According to MarketBeat.com, ServiceTitan presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.33.

Hedge Funds Weigh In On ServiceTitan

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. SBI Securities Co. Ltd. purchased a new stake in shares of ServiceTitan during the fourth quarter worth approximately $26,000. Assetmark Inc. acquired a new position in ServiceTitan during the 4th quarter worth approximately $67,000. FIL Ltd purchased a new stake in shares of ServiceTitan in the 4th quarter valued at approximately $67,000. Tower Research Capital LLC TRC acquired a new stake in shares of ServiceTitan in the 4th quarter valued at $91,000. Finally, Insight Holdings Group LLC purchased a new stake in shares of ServiceTitan during the 4th quarter worth $103,000.

About ServiceTitan

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.