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In the third quarter, GAM Holding AG increased its holdings in shares of ServiceNow, Inc. by 20%, owning 22,504 shares worth $12,579,000. Other large investors, such as Bank Julius Baer & Co. Ltd Zurich and State Street Corp, have also made changes to their positions in the business. A number of brokerages have provided target price updates for ServiceNow, with an average rating of “Moderate Buy” and a consensus target price of $621.39. Additionally, insider activity involving the sale of company stock has been disclosed. On the stock market, ServiceNow’s stock opened at $697.55 on Friday. The company has a 12 month low of $353.62 and a 12 month high of $720.68. The company has a market cap of $143.00 billion, a price-to-earnings ratio of 90.34, and a beta of 1.03. Analysts predict that ServiceNow, Inc. will post 4.06 earnings per share for the current year. ServiceNow, Inc. provides enterprise cloud computing solutions for global enterprises, operating the Now platform for various automation and management services. Although the company currently has a “Moderate Buy” rating among analysts, there are five other stocks that are recommended as better buys by top-rated analysts. Additionally, MarketBeat will send a free report on electric vehicle technologies and promising EV stocks upon request.



Original: GAM Holding AG Grows Stock Holdings in ServiceNow, Inc. (NYSE:NOW)