Livforsakringsbolaget Skandia Omsesidigt Has Increased Position in Servicenow INC (NOW) by $4.06 Million as Market Valuation Rose

June 18, 2018 - By Jeanette Kaplan

ServiceNow, Inc. (NYSE:NOW) LogoInvestors sentiment decreased to 1.03 in Q1 2018. Its down 0.02, from 1.05 in 2017Q4. It fall, as 34 investors sold NOW shares while 154 reduced holdings. 74 funds opened positions while 120 raised stakes. 166.80 million shares or 0.47% less from 167.59 million shares in 2017Q4 were reported. Moreover, Apg Asset Mngmt Nv has 0.03% invested in ServiceNow, Inc. (NYSE:NOW). Bnp Paribas Asset Management holds 0.19% or 132,931 shares in its portfolio. Segall Bryant Hamill Ltd Liability holds 0.01% or 1,753 shares in its portfolio. First Republic Mgmt Incorporated reported 10,824 shares. Foxhaven Asset Limited Partnership owns 389,904 shares or 4.33% of their US portfolio. Old Mutual Customised Solutions (Proprietary) Limited stated it has 2,006 shares or 0.03% of all its holdings. Vanguard Grp Inc Inc invested in 14.69M shares. Engineers Gate Manager LP holds 0.5% or 45,403 shares in its portfolio. Automobile Association owns 269,700 shares or 0.12% of their US portfolio. The Massachusetts-based Loring Wolcott & Coolidge Fiduciary Advsrs Llp Ma has invested 0.01% in ServiceNow, Inc. (NYSE:NOW). Friess Assoc Limited Liability Com reported 2.04% in ServiceNow, Inc. (NYSE:NOW). Fmr Limited Liability Company invested in 690,511 shares. Westfield Capital Limited Partnership has invested 1.16% of its portfolio in ServiceNow, Inc. (NYSE:NOW). Nelson Roberts Inv Advsrs Ltd Liability stated it has 0.01% of its portfolio in ServiceNow, Inc. (NYSE:NOW). United Cap Fincl Advisers Lc holds 20,198 shares or 0.03% of its portfolio.

Since January 9, 2018, it had 0 buys, and 29 selling transactions for $138.62 million activity. LUDDY FREDERIC B also sold $5.69 million worth of ServiceNow, Inc. (NYSE:NOW) on Monday, May 7. Shares for $336,300 were sold by Schneider David. 5,442 shares valued at $944,707 were sold by Slootman Frank on Friday, May 18. Sands Anita M had sold 420 shares worth $74,953 on Monday, June 11. Shares for $2.80M were sold by BOSTROM SUSAN L on Friday, February 9. 12,821 ServiceNow, Inc. (NYSE:NOW) shares with value of $2.08M were sold by MILLER JEFFREY A.

Livforsakringsbolaget Skandia Omsesidigt increased its stake in Servicenow Inc (NOW) by 23.46% based on its latest 2018Q1 regulatory filing with the SEC. Livforsakringsbolaget Skandia Omsesidigt bought 600 shares as the company’s stock rose 10.06% while stock markets declined. The institutional investor held 3,157 shares of the technology company at the end of 2018Q1, valued at $21.36 million, up from 2,557 at the end of the previous reported quarter. Livforsakringsbolaget Skandia Omsesidigt who had been investing in Servicenow Inc for a number of months, seems to be bullish on the $32.89 billion market cap company. The stock decreased 0.11% or $0.2 during the last trading session, reaching $186.15. About 904,482 shares traded. ServiceNow, Inc. (NYSE:NOW) has risen 69.08% since June 18, 2017 and is uptrending. It has outperformed by 56.51% the S&P500.

Livforsakringsbolaget Skandia Omsesidigt, which manages about $1.03B US Long portfolio, decreased its stake in Western Union Co (NYSE:WU) by 65,300 shares to 7,045 shares, valued at $1.35 million in 2018Q1, according to the filing.

ServiceNow, Inc. (NYSE:NOW) Ratings Coverage

Among 22 analysts covering ServiceNow (NYSE:NOW), 20 have Buy rating, 0 Sell and 2 Hold. Therefore 91% are positive. ServiceNow has $202 highest and $150.0 lowest target. $178.41’s average target is -4.16% below currents $186.15 stock price. ServiceNow had 39 analyst reports since January 10, 2018 according to SRatingsIntel. The stock has “Buy” rating by Piper Jaffray on Monday, April 30. Piper Jaffray maintained ServiceNow, Inc. (NYSE:NOW) rating on Monday, April 23. Piper Jaffray has “Buy” rating and $18500 target. The firm has “Overweight” rating given on Thursday, February 1 by Barclays Capital. The rating was maintained by Macquarie Research with “Outperform” on Thursday, April 26. The firm earned “Buy” rating on Wednesday, April 25 by Canaccord Genuity. The firm has “Neutral” rating given on Thursday, April 26 by JP Morgan. The stock of ServiceNow, Inc. (NYSE:NOW) earned “Buy” rating by Robert W. Baird on Friday, March 16. Stifel Nicolaus maintained ServiceNow, Inc. (NYSE:NOW) rating on Thursday, April 26. Stifel Nicolaus has “Hold” rating and $165 target. The stock of ServiceNow, Inc. (NYSE:NOW) has “Buy” rating given on Monday, January 22 by Mizuho. Piper Jaffray maintained the shares of NOW in report on Tuesday, January 16 with “Buy” rating.

ServiceNow, Inc. (NYSE:NOW) Institutional Positions Chart

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