ServiceNow, Inc. (NOW) Forms $165.00 Double Top; Oxford Lane Capital Has 0.65 Sentiment

ServiceNow, Inc. (NYSE:NOW) Logo

ServiceNow, Inc. (NOW) formed double top with $171.60 target or 4.00% above today’s $165.00 share price. ServiceNow, Inc. (NOW) has $28.83B valuation. The stock increased 4.43% or $7 during the last trading session, reaching $165. About 1.27M shares traded. ServiceNow, Inc. (NYSE:NOW) has risen 91.85% since April 26, 2017 and is uptrending. It has outperformed by 80.30% the S&P500.

Oxford Lane Capital Corp (OXLC) investors sentiment decreased to 0.65 in Q4 2017. It’s down -1.05, from 1.7 in 2017Q3. The ratio has worsened, as 11 hedge funds started new or increased positions, while 17 decreased and sold their stakes in Oxford Lane Capital Corp. The hedge funds in our database now possess: 1.83 million shares, up from 1.39 million shares in 2017Q3. Also, the number of hedge funds holding Oxford Lane Capital Corp in top ten positions was flat from 0 to 0 for the same number . Sold All: 8 Reduced: 9 Increased: 4 New Position: 7.

Among 40 analysts covering ServiceNow Inc (NYSE:NOW), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. ServiceNow Inc has $194 highest and $65 lowest target. $142.88’s average target is -13.41% below currents $165 stock price. ServiceNow Inc had 124 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of ServiceNow, Inc. (NYSE:NOW) has “Overweight” rating given on Thursday, February 1 by Barclays Capital. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, April 26. The stock of ServiceNow, Inc. (NYSE:NOW) has “Buy” rating given on Wednesday, January 24 by Canaccord Genuity. Wunderlich maintained it with “Buy” rating and $95 target in Thursday, October 27 report. As per Thursday, July 6, the company rating was maintained by Canaccord Genuity. On Wednesday, January 11 the stock rating was initiated by Wells Fargo with “Market Perform”. The stock of ServiceNow, Inc. (NYSE:NOW) earned “Buy” rating by Canaccord Genuity on Thursday, June 1. As per Monday, October 16, the company rating was maintained by Piper Jaffray. The stock of ServiceNow, Inc. (NYSE:NOW) has “Buy” rating given on Thursday, October 12 by BMO Capital Markets. The stock has “Market Perform” rating by BMO Capital Markets on Tuesday, September 20.

Since January 9, 2018, it had 0 insider buys, and 15 sales for $77.59 million activity. Slootman Frank sold $853,898 worth of stock. Sands Anita M sold 1,636 shares worth $246,234. Shares for $3.09M were sold by Desai Chirantan Jitendra. $2.30 million worth of stock was sold by Schneider David on Tuesday, February 20. LUDDY FREDERIC B sold 32,500 shares worth $5.65M. The insider MILLER JEFFREY A sold 12,821 shares worth $2.08 million. Another trade for 25,000 shares valued at $3.68 million was sold by Scarpelli Michael.

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.33, from 1.38 in 2017Q3. It worsened, 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. Seatown Pte Ltd has 2.19% invested in ServiceNow, Inc. (NYSE:NOW) for 177,677 shares. Associated Banc stated it has 0.14% of its portfolio in ServiceNow, Inc. (NYSE:NOW). Missouri-based Scout Invests has invested 0.37% in ServiceNow, Inc. (NYSE:NOW). Moreover, Efg Asset (Americas) has 0.28% invested in ServiceNow, Inc. (NYSE:NOW) for 5,842 shares. Comerica Bank accumulated 8,813 shares. Dekabank Deutsche Girozentrale invested 0.04% of its portfolio in ServiceNow, Inc. (NYSE:NOW). Hanseatic Management Service owns 5,087 shares for 0.67% of their portfolio. Atlantic Group Ltd Limited Liability Company has 1,228 shares. Jpmorgan Chase & Com invested 0.14% of its portfolio in ServiceNow, Inc. (NYSE:NOW). Criterion Capital Ltd Llc holds 618,370 shares or 4.85% of its portfolio. Amer Century Cos, a Missouri-based fund reported 1.77 million shares. Brandywine Managers has invested 0.28% in ServiceNow, Inc. (NYSE:NOW). Symphony Asset Mgmt Lc holds 15,474 shares or 0.21% of its portfolio. 6,468 were reported by Next Century Growth Limited Liability Corp. Zevenbergen Cap Investments Ltd Liability Corporation invested in 422,310 shares.

Since January 1, 0001, it had 1 insider buy, and 0 insider sales for $20,234 activity.

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. The company has market cap of $256.41 million. It invests in fixed income securities. It has a 7.65 P/E ratio. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.

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

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