Argent Capital Management LLC Grows Stake in ServiceNow, Inc. $NOW

NodeGuardian · 2026-03-20T18:35:23+00:00

Argent Capital Management raised its stake in ServiceNow by 329.1%, acquiring 275,555 shares worth $42.2 million. Despite insider selling and a stock price of $113, analysts maintain a "Moderate Buy" with a target of $192.61. Q4 earnings exceeded estimates, yet AI disruption and competition pose risks.

NodeGuardian

2026-03-20 18:35:23

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Argent Capital Management LLC significantly increased its stake in ServiceNow, Inc. (NYSE:NOW) by 329.1% in Q4, acquiring 275,555 shares valued at $42.2 million. Despite this, insiders have been net sellers, and the stock trades at $113, well below its 52-week high, with analysts maintaining a “Moderate Buy” rating and an average target price near $192.61. The company beat Q4 earnings and revenue estimates, but AI-driven disruption and competitive risks remain a concern.

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