ServiceNow Inc. President of Global Customer Operations Paul Fipps sold 2,034 shares of the company for $300,777 on August 31, according to a regulatory filing.
The shares were disposed at a weighted average price of $147.8747, within a range of $147.860 to $147.875. Fipps retained 18,305.1822 shares following the transaction.
ServiceNow’s stock has gained 12.5% over the past week and 32% over the last six months, lifting its market valuation to $153 billion. The company reported second-quarter 2026 results that beat net new annual contract value by 50 basis points, driven by demand for AI and cybersecurity, risk and governance products.
Analysts remain bullish on the stock. D.A. Davidson maintained a Buy rating with a $170 price target, citing strong quarterly performance and continued momentum. Cantor Fitzgerald reiterated an Overweight rating with a $141 target, while Citizens kept a Market Outperform rating, noting federal contract wins exceeding $10 million in Q3 2026.
