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 sale, the chief financial officer now directly owns 325,409 shares of the company’s stock, valued at approximately $30,799,961.85. The trade was a 3.03 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

ServiceTitan Stock Performance

Shares of ServiceTitan stock opened at $96.87 on Wednesday. The firm’s 50 day moving average is $96.53. ServiceTitan Inc. has a 1 year low of $79.81 and a 1 year high of $112.00.

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

Hedge Funds Weigh In On ServiceTitan

A number of institutional investors and hedge funds have recently bought and sold shares of TTAN. Deer Management Co. LLC bought a new stake in shares of ServiceTitan during the fourth quarter worth about $925,943,000. TPG GP A LLC bought a new stake in ServiceTitan during the 4th quarter worth approximately $525,405,000. Battery Management Corp. acquired a new position in ServiceTitan in the 4th quarter valued at approximately $496,599,000. Price T Rowe Associates Inc. MD bought a new position in shares of ServiceTitan during the fourth quarter valued at $233,937,000. Finally, Dragoneer Investment Group LLC acquired a new position in shares of ServiceTitan during the fourth quarter worth $210,777,000.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. KeyCorp initiated coverage on shares of ServiceTitan in a research report on Monday, January 6th. They set an “overweight” rating and a $120.00 target price on the stock. Stifel Nicolaus reduced their price target on ServiceTitan from $120.00 to $110.00 and set a “buy” rating on the stock in a research report on Friday, March 14th. Wells Fargo & Company started coverage on ServiceTitan in a report on Monday, January 6th. They issued an “overweight” rating and a $125.00 price objective for the company. Canaccord Genuity Group initiated coverage on ServiceTitan in a report on Monday, January 6th. They set a “buy” rating and a $120.00 target price on the stock. Finally, Citigroup boosted their price target on ServiceTitan from $109.00 to $113.00 and gave the company a “neutral” rating in a research note on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, ServiceTitan presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.33.

ServiceTitan Company 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.