Victory Capital Holdings (VCTR) Stock “Hold” Rating Reaffirmed at Sandler O’Neill; The Target is $11.5000; Servicenow (NOW) Shorts Decreased By 15.53%

ServiceNow, Inc. (NYSE:NOW) Logo

Sandler O’Neill currently has a $11.5000 target price on the $726.34 million market cap company or 7.58% upside potential. In an analyst note revealed to clients on Wednesday, 11 April, Victory Capital Holdings Inc (VCTR) stock had its “Hold” Rating reconfirmed by expert analysts at Sandler O’Neill.

Servicenow Inc (NYSE:NOW) had a decrease of 15.53% in short interest. NOW’s SI was 10.09M shares in April as released by FINRA. Its down 15.53% from 11.95M shares previously. With 1.86 million avg volume, 5 days are for Servicenow Inc (NYSE:NOW)’s short sellers to cover NOW’s short positions. The SI to Servicenow Inc’s float is 5.94%. The stock decreased 0.05% or $0.08 during the last trading session, reaching $166.5. About 2.25M shares traded or 10.91% up from the average. ServiceNow, Inc. (NYSE:NOW) has risen 91.85% since April 12, 2017 and is uptrending. It has outperformed by 80.30% the S&P500.

Victory Capital Holdings, Inc., together with its subsidiaries, operates as an independent investment management firm in the United States. The company has market cap of $726.34 million. It offers investment advisory, fund administration, and distribution services through broker-dealers, retirement platforms, and registered investment advisor networks. It has a 24.86 P/E ratio. As of September 30, 2017, its franchises and solutions platform managed a set of 70 investment strategies for a range of institutional and retail clients.

The stock decreased 1.75% or $0.19 during the last trading session, reaching $10.69. About 57,244 shares traded. Victory Capital Holdings, Inc. (VCTR) has 0.00% since April 12, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 40 analysts covering ServiceNow Inc (NYSE:NOW), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. ServiceNow Inc had 120 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of ServiceNow, Inc. (NYSE:NOW) has “Overweight” rating given on Thursday, April 21 by Piper Jaffray. The company was maintained on Monday, May 29 by RBC Capital Markets. The company was maintained on Thursday, July 27 by Piper Jaffray. Stifel Nicolaus maintained it with “Hold” rating and $120 target in Thursday, October 26 report. The stock of ServiceNow, Inc. (NYSE:NOW) earned “Buy” rating by BMO Capital Markets on Wednesday, January 31. Cowen & Co initiated the shares of NOW in report on Friday, June 24 with “Outperform” rating. The firm has “Market Perform” rating given on Tuesday, September 20 by BMO Capital Markets. The company was maintained on Sunday, April 1 by RBC Capital Markets. As per Thursday, February 1, the company rating was maintained by Guggenheim. Mizuho downgraded ServiceNow, Inc. (NYSE:NOW) rating on Thursday, January 28. Mizuho has “Neutral” rating and $65 target.

Since January 9, 2018, it had 0 insider buys, and 14 selling transactions for $71.93 million activity. Schneider David had sold 14,923 shares worth $2.30M. $853,898 worth of stock was sold by Slootman Frank on Friday, February 16. $5.65M worth of ServiceNow, Inc. (NYSE:NOW) shares were sold by LUDDY FREDERIC B. 19,673 ServiceNow, Inc. (NYSE:NOW) shares with value of $2.80M were sold by BOSTROM SUSAN L. 19,742 ServiceNow, Inc. (NYSE:NOW) shares with value of $3.09M were sold by Desai Chirantan Jitendra. On Tuesday, February 27 MILLER JEFFREY A sold $2.08M worth of ServiceNow, Inc. (NYSE:NOW) or 12,821 shares. On Friday, February 2 Sands Anita M sold $246,234 worth of ServiceNow, Inc. (NYSE:NOW) or 1,636 shares.

ServiceNow, Inc. provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises worldwide. The company has market cap of $29.09 billion. The firm offers service management solutions for customer support, human resources, security operations, and other enterprise departments. It currently has negative earnings. It operates ServiceNow platform that provides workflow, configuration management database, service catalog, service portal, knowledge management, reporting and analytics, data benchmarking, visual task boards, built-in and optional encryption capabilities, and collaboration and developer tools.

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.33, from 1.38 in 2017Q3. It fall, as 42 investors sold ServiceNow, Inc. shares while 132 reduced holdings. 67 funds opened positions while 116 raised stakes. 167.59 million shares or 1.79% less from 170.65 million shares in 2017Q3 were reported. Bridgeway Mngmt holds 68,000 shares. Scge Lp has 8.69% invested in ServiceNow, Inc. (NYSE:NOW) for 425,000 shares. Kornitzer Mgmt Ks holds 28,420 shares or 0.06% of its portfolio. Quantitative Invest Mgmt Limited Company reported 22,400 shares. 1,000 are owned by Seabridge Advsr Ltd Liability Corporation. Rhumbline Advisers stated it has 202,218 shares. Prudential Financial Inc holds 0% or 11,870 shares. Tiaa Cref Invest Mgmt Ltd Liability Com invested in 0.11% or 1.34M shares. Raymond James & Assocs has 0.03% invested in ServiceNow, Inc. (NYSE:NOW) for 121,618 shares. Barclays Public Ltd owns 277,736 shares. Capital Advisers Ltd Liability invested in 0.02% or 19,079 shares. Pitcairn reported 12,368 shares. State Street stated it has 3.08M shares or 0.03% of all its holdings. Jasper Ridge Ptnrs L P has 13,846 shares for 0.12% of their portfolio. Columbus Hill L P invested 2.97% in ServiceNow, Inc. (NYSE:NOW).

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