ServiceNow (NYSE:NOW) Stock Purchased Rep. Marjorie Taylor Greene

Posted by Linda Flegge on May 8th, 2025

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of ServiceNow, Inc. (NYSE:NOW). In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in ServiceNow stock on May 5th. The trade occurred in the Representative’s “MARJORIE IRA” account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Occidental Petroleum (NYSE:OXY) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of MercadoLibre (NASDAQ:MELI) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 5/5/2025.

ServiceNow Trading Up 1.8 %

NOW stock opened at $982.98 on Thursday. The company has a fifty day moving average price of $842.03 and a two-hundred day moving average price of $969.22. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a market cap of $203.48 billion, a price-to-earnings ratio of 143.92, a price-to-earnings-growth ratio of 4.51 and a beta of 0.97. ServiceNow, Inc. has a one year low of $637.99 and a one year high of $1,198.09.

ServiceNow (NYSE:NOW – Get Free Report) last posted its earnings results on Wednesday, April 23rd. The information technology services provider reported $4.04 EPS for the quarter, beating the consensus estimate of $3.78 by $0.26. ServiceNow had a return on equity of 17.11% and a net margin of 12.97%. The company had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the prior year, the business earned $3.41 earnings per share. The firm’s revenue for the quarter was up 18.6% on a year-over-year basis. Equities analysts anticipate that ServiceNow, Inc. will post 8.93 EPS for the current year.

ServiceNow declared that its board has authorized a share repurchase program on Wednesday, January 29th that allows the company to buyback $3.00 billion in outstanding shares. This buyback authorization allows the information technology services provider to repurchase up to 1.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at ServiceNow

In other news, CEO William R. Mcdermott sold 1,263 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $1,019.10, for a total value of $1,287,123.30. Following the completion of the transaction, the chief executive officer now directly owns 2,595 shares in the company, valued at approximately $2,644,564.50. This represents a 32.74 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jacqueline P. Canney sold 292 shares of the business’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $1,017.55, for a total transaction of $297,124.60. Following the completion of the sale, the insider now directly owns 3,027 shares of the company’s stock, valued at $3,080,123.85. This represents a 8.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,692 shares of company stock valued at $18,173,444 in the last 90 days. Corporate insiders own 0.38% of the company’s stock.

Analyst Ratings Changes

NOW has been the topic of a number of recent research reports. Jefferies Financial Group cut their price target on shares of ServiceNow from $1,250.00 to $1,025.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Stifel Nicolaus increased their price target on ServiceNow from $975.00 to $1,050.00 and gave the stock a “buy” rating in a report on Tuesday. UBS Group reaffirmed a “buy” rating and set a $1,025.00 target price (up previously from $900.00) on shares of ServiceNow in a research note on Thursday, April 24th. Wells Fargo & Company increased their price target on ServiceNow from $1,100.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Thursday, April 24th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $1,100.00 price objective (up previously from $970.00) on shares of ServiceNow in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, ServiceNow currently has an average rating of “Moderate Buy” and a consensus target price of $1,048.55.

Read Our Latest Research Report on NOW

Institutional Trading of ServiceNow

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quarry LP purchased a new stake in shares of ServiceNow in the fourth quarter worth about $27,000. Atala Financial Inc bought a new position in ServiceNow in the 4th quarter valued at $28,000. LFA Lugano Financial Advisors SA purchased a new position in shares of ServiceNow during the 4th quarter valued at $32,000. Noble Wealth Management PBC purchased a new stake in shares of ServiceNow in the fourth quarter worth $34,000. Finally, Bogart Wealth LLC grew its position in ServiceNow by 113.3% during the first quarter. Bogart Wealth LLC now owns 32 shares of the information technology services provider’s stock worth $25,000 after buying an additional 17 shares in the last quarter. 87.18% of the stock is currently owned by institutional investors.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

ServiceNow Company Profile

(Get Free Report)

ServiceNow, Inc provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.