ServiceTitan CFO David Sherry sells $817,470 in shares
David Sherry, CFO of ServiceTitan Inc., divested $817,470 worth of the company's Class A Common Stock on August 14, 2026. This sale encompassed 9,900 shares, with trades happening at varying prices between $90.02 and $92.82 per share. Specifically, 6,305 shares were sold for $90.02-$91.01, 2,649 shares for $91.02-$92.01, and 46 shares for $92.02-$92.82.
Currently trading at $88.39, the stock has dropped from its 52-week high of $119.99 but has still generated a 45% return over the past six months. The transactions adhered to a Rule 10b5-1 trading plan initiated by Sherry on January 15, 2026. As of now, Sherry personally owns 386,756.75 shares of ServiceTitan Class A Common Stock.
According to InvestingPro analysis, the stock may be overvalued compared to its Fair Value, yet analysts anticipate the company will achieve profitability this year. For further insights, investors can refer to ServiceTitan's detailed Pro Research Report among the 1,400+ available on InvestingPro. Recently, ServiceTitan has drawn attention from various analysts, with Stifel maintaining a Buy rating and a $125 price target, expecting strong fiscal 2027 guidance.
Truist Securities also affirmed a Buy rating, setting a $110 price target, citing confidence in the company's multi-year growth prospects driven by services like Max and Voice Agents. Piper Sandler echoed these sentiments with an Overweight rating and a $115 price target, emphasizing the impact of ServiceTitan's Max program, a premium AI service that significantly enhances subscription revenue.
Additionally, insider stock sales by major shareholder Iconiq Strategic Partners and company director William J.G. Griffith have been disclosed, including sales of 85 shares at $63.01 and a block of 93,620 shares at varying prices. These recent insider transactions offer a glimpse into the ongoing dynamics surrounding ServiceTitan.
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