Shearlink Capital LLC Trimmed Its Servicenow INC (NOW) Holding by $6.45 Million

February 20, 2018 - By Adrian Mccoy

Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.15, from 1.23 in 2017Q2. It is positive, as 23 investors sold NOW shares while 115 reduced holdings. 61 funds opened positions while 130 raised stakes. 170.65 million shares or 1.96% more from 167.38 million shares in 2017Q2 were reported. Schwab Charles Incorporated has invested 0.03% in ServiceNow, Inc. (NYSE:NOW). Blackrock Inc has invested 0.05% in ServiceNow, Inc. (NYSE:NOW). Metropolitan Life Insur Com stated it has 0.01% in ServiceNow, Inc. (NYSE:NOW). Strs Ohio owns 696,203 shares. Advsrs Asset Mngmt accumulated 18,150 shares. Scge Mgmt Limited Partnership holds 350,000 shares or 8.56% of its portfolio. Federated Invsts Pa has 0.55% invested in ServiceNow, Inc. (NYSE:NOW) for 1.63M shares. The New York-based Tremblant Grp has invested 2.27% in ServiceNow, Inc. (NYSE:NOW). Lenox Wealth Mngmt reported 318 shares. Cibc Asset Mgmt Inc owns 6,321 shares. Etrade Cap Mngmt Limited Liability Com reported 3,206 shares or 0.01% of all its holdings. Chicago Equity Prtn Ltd Liability Com holds 4,410 shares or 0.02% of its portfolio. Commonwealth Equity Services Incorporated owns 0% invested in ServiceNow, Inc. (NYSE:NOW) for 2,928 shares. 64,144 are held by Westpac. The North Carolina-based First Personal Fin Svcs has invested 0.06% in ServiceNow, Inc. (NYSE:NOW).

Since August 23, 2017, it had 0 insider purchases, and 9 insider sales for $86.68 million activity. Schneider David sold $336,300 worth of stock. $2.80M worth of ServiceNow, Inc. (NYSE:NOW) was sold by BOSTROM SUSAN L. On Friday, September 1 Slootman Frank sold $17.31 million worth of ServiceNow, Inc. (NYSE:NOW) or 150,000 shares. Shares for $246,234 were sold by Sands Anita M on Friday, February 2. The insider Scarpelli Michael sold 25,000 shares worth $3.68 million.

Shearlink Capital Llc decreased its stake in Servicenow Inc (NOW) by 27.44% based on its latest 2017Q3 regulatory filing with the SEC. Shearlink Capital Llc sold 55,100 shares as the company’s stock rose 7.07% with the market. The institutional investor held 145,690 shares of the technology company at the end of 2017Q3, valued at $17.12 million, down from 200,790 at the end of the previous reported quarter. Shearlink Capital Llc who had been investing in Servicenow Inc for a number of months, seems to be less bullish one the $26.60 billion market cap company. The stock increased 0.98% or $1.49 during the last trading session, reaching $154.03. About 1.90M shares traded or 4.96% up from the average. ServiceNow, Inc. (NYSE:NOW) has risen 42.37% since February 20, 2017 and is uptrending. It has outperformed by 25.67% the S&P500.

More news for ServiceNow, Inc. (NYSE:NOW) were recently published by:, which released: “Night Owl Capital Management, LLC Buys ServiceNow Inc, Shopify Inc, Sells …” on February 15, 2018.‘s article titled: “Earnings Reaction History: ServiceNow, Inc., 45.5% Follow-Through Indicator, 6 …” and published on January 25, 2018 is yet another important article.

ServiceNow, Inc. (NYSE:NOW) Ratings Coverage

Among 40 analysts covering ServiceNow Inc (NYSE:NOW), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. ServiceNow Inc had 115 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, February 1 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was initiated on Thursday, September 15 by Guggenheim. The stock has “Buy” rating by Canaccord Genuity on Wednesday, January 31. The firm has “Buy” rating by Credit Suisse given on Tuesday, January 16. The stock has “Buy” rating by Robert W. Baird on Thursday, August 31. The firm has “Buy” rating given on Wednesday, July 26 by Mizuho. Credit Suisse maintained ServiceNow, Inc. (NYSE:NOW) on Thursday, October 26 with “Outperform” rating. Robert W. Baird maintained ServiceNow, Inc. (NYSE:NOW) on Thursday, February 1 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Wednesday, August 30. The company was maintained on Wednesday, January 31 by Cowen & Co.

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