ServiceTitan CEO Ara Mahdessian Sells Shares

Ara Mahdessian, the CEO of ServiceTitan, Inc. (NasdaqGS: TTAN), sold 3,029 shares of the company on June 17, 2026. The transaction was valued at $200,489.51, with an average price of $66.19 per share. This sale wasn't part of a pre-planned trading plan.

Insider Buying and Selling at ServiceTitan, Inc.

On the same day as Mahdessian's sale, other insiders also made moves. Vahe Kuzoyan, the President, sold 3,208 shares, and Michele O'Connor, the Chief Accounting Officer, sold 5,305 shares, each at the same average price of $66.19 per share.

Other Institutional Activity in ServiceTitan

Several institutional investors have adjusted their positions in ServiceTitan. Kayne Anderson Rudnick Investment Management LLC significantly increased its holdings by 1,405,092 shares, reaching a total of 4,869,029 shares valued at approximately $308.99 million. FMR LLC also boosted its stake by 1,178,783 shares, ending with 2,963,303 shares worth about $188.05 million. On the other hand, Deer Management Co. LLC reduced its position by 727,948 shares, holding 5,068,064 shares valued at $321.62 million.

ServiceTitan Stock Snapshot

Shares of ServiceTitan, Inc. are currently trading around $66.57. The company has a market capitalization of about $6.35 billion and a forward P/E ratio of 40.72. Over the past year, its stock has ranged from a low of $54.17 to a high of $119.99. The stock's 50-day moving average is $64.22, while its 200-day moving average is $83.92. ServiceTitan maintains a strong liquidity position with a current ratio of 4.44 and a quick ratio of 4.06.

Recent Earnings

ServiceTitan reported revenue of approximately $1.01 billion, with a growth rate of 24.6%. Despite this growth, the company posted a net margin of -13.44% and a return on equity of -9.04%. The next earnings report is expected on September 10, 2026.

Analysts Set New Price Targets

Several analysts have recently updated their price targets for ServiceTitan. On June 17, 2026, Needham reiterated its 'buy' rating with a target price of $100. Baird maintained a 'buy' rating with a target of $94 on June 8, while TD Cowen set a high target of $125 on June 5. The consensus among 16 analysts is a 'strong buy' with an average target price of $108.94.

About ServiceTitan

ServiceTitan, Inc. is a technology company based in Glendale, California, providing a comprehensive cloud-based software platform. It serves a variety of industries, including HVAC, plumbing, and electrical services, by offering tools for job scheduling, dispatching, and payment processing. The company also provides specialized software for pest control and landscaping industries. Founded in 2007, ServiceTitan operates in the United States, Armenia, and Canada.

Bottom Line

Ara Mahdessian's share sale is a notable transaction, reflecting the ongoing insider activities at ServiceTitan. The company's stock remains a focus for investors due to its robust growth and market presence. Analyst ratings suggest confidence in its future prospects, with several maintaining 'buy' recommendations. As always, remember that insider transactions are reported after the fact and may not reflect current positions.