ServiceTitan Inc. $TTAN Shares Purchased by WCM Investment Management LLC

WCM Investment Management LLC boosted its stake in ServiceTitan Inc. (NASDAQ:TTAN) by 215.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 265,316 shares of the company’s stock after purchasing an additional 181,195 shares during the period. WCM Investment Management LLC owned about 0.29% of ServiceTitan worth $28,636,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD increased its holdings in ServiceTitan by 1.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,306,168 shares of the company’s stock valued at $219,341,000 after purchasing an additional 32,066 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in ServiceTitan by 1,545.2% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,055,736 shares of the company’s stock valued at $195,521,000 after purchasing an additional 1,930,779 shares during the last quarter. TimesSquare Capital Management LLC increased its holdings in ServiceTitan by 22.3% in the 1st quarter. TimesSquare Capital Management LLC now owns 1,044,914 shares of the company’s stock valued at $99,382,000 after purchasing an additional 190,476 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in ServiceTitan by 4.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 909,131 shares of the company’s stock valued at $86,468,000 after purchasing an additional 38,827 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in ServiceTitan by 25.8% in the 1st quarter. Vanguard Group Inc. now owns 701,060 shares of the company’s stock valued at $66,678,000 after purchasing an additional 143,574 shares during the last quarter.

Insider Buying and Selling

In related news, CEO Ara Mahdessian sold 45,185 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $103.71, for a total transaction of $4,686,136.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Vahe Kuzoyan sold 24,598 shares of the business’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $114.46, for a total transaction of $2,815,487.08. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,118,693 shares of company stock worth $128,602,995. Corporate insiders own 51.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. KeyCorp set a $140.00 target price on shares of ServiceTitan and gave the company an “overweight” rating in a report on Wednesday, July 16th. Piper Sandler restated an “overweight” rating and issued a $155.00 price target on shares of ServiceTitan in a research note on Friday, September 19th. BMO Capital Markets started coverage on shares of ServiceTitan in a research note on Thursday, August 28th. They issued an “outperform” rating and a $129.00 price target for the company. Weiss Ratings restated a “sell (d-)” rating on shares of ServiceTitan in a research note on Wednesday, October 8th. Finally, Truist Financial boosted their price target on shares of ServiceTitan from $120.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $132.67.

ServiceTitan Stock Performance

Shares of TTAN stock opened at $94.27 on Thursday. The company has a current ratio of 4.49, a quick ratio of 4.49 and a debt-to-equity ratio of 0.07. The firm has a fifty day moving average price of $105.71 and a 200 day moving average price of $109.62. The company has a market cap of $8.76 billion and a P/E ratio of -17.46. ServiceTitan Inc. has a 12 month low of $79.81 and a 12 month high of $131.33.

ServiceTitan (NASDAQ:TTAN) last issued its earnings results on Thursday, September 4th. The company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.40). The firm had revenue of $242.12 million for the quarter, compared to analyst estimates of $229.58 million. ServiceTitan had a negative return on equity of 16.87% and a negative net margin of 26.08%.The company’s quarterly revenue was up 25.5% compared to the same quarter last year. ServiceTitan has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Sell-side analysts predict that ServiceTitan Inc. will post -1.98 earnings per share for the current fiscal year.

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.