ServiceNow director Paul Chamberlain sells $188,400 in shares

Director of ServiceNow, Paul Chamberlain, sold 1,500 shares of the company's common stock on August 13, 2026, according to a recent SEC filing. The transaction involved the sale of shares at $125.6 per share, generating $188,400 in proceeds. Since the sale, ServiceNow's stock has decreased to $117.70, marking a 28.5% decline over the past year.

However, InvestingPro analysis suggests ServiceNow remains undervalued at its current price level. The sale was carried out in accordance with a pre-approved Rule 10b5-1 trading plan, which Chamberlain put in place on August 29, 2025. Following the transaction, Chamberlain personally owns 46,690 shares of ServiceNow common stock.

Investors interested in a more in-depth look at ServiceNow can find 14 additional ProTips, a Fair Value analysis, and comprehensive financial health scores through InvestingPro. Recently, ServiceNow has been under the spotlight following its robust quarterly performance. Analysts D.A. Davidson and Cantor Fitzgerald have both maintained positive ratings for the company, with price targets ranging from $141 to $170.

ServiceNow's recent mergers and acquisitions in the risk and security sectors are reportedly performing well, with Armis surpassing its targets. Citizens has also reiterated its Market Outperform rating and a $157 price target, citing significant federal contract awards in the third quarter of 2026. Meanwhile, other software companies like Salesforce, Workday, Intuit, Atlassian, and IBM saw gains amid a tech sector decline, driven by concerns about artificial intelligence.