ServiceNow director Paul Chamberlain sells $188,400 in shares
ServiceNow director Paul Chamberlain sold 1,500 shares of the company's common stock on August 13, 2026, in a transaction that totaled $188,400, according to a recent SEC filing. The sale was executed in accordance with a Rule 10b5-1 trading plan adopted in August 2025, and Mr. Chamberlain now holds 46,690 shares of ServiceNow common stock directly.
Analysts have noted that ServiceNow's stock has declined by 28.5% over the past year, despite InvestingPro's analysis suggesting the company remains undervalued at current levels. Recent analyst updates have highlighted ServiceNow's strong quarterly performance, with D.A. Davidson maintaining a Buy rating and a $170 price target, and Cantor Fitzgerald keeping an Overweight rating with a $141 price target.
The company's recent mergers and acquisitions in risk and security, including Armis, are also performing well.
Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.