Michele O'Connor Sells Shares of ServiceTitan, Inc.
ServiceTitan's Chief Accounting Officer sold over 5,000 shares in mid-June.
Key Points
- On June 17, 2026, Michele O'Connor sold 5,305 shares of ServiceTitan, Inc., valued at $351,137.95.
- ServiceTitan has a market cap of approximately $6.35 billion and a forward P/E ratio of 40.7.
- Analysts maintain a strong buy consensus with a target mean price of $108.94 for ServiceTitan.
Michele O'Connor, the Chief Accounting Officer of ServiceTitan, Inc. (NasdaqGS: TTAN), sold 5,305 shares of the company on June 17, 2026. The shares were sold at an average price of $66.19, totaling $351,137.95. This transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at ServiceTitan, Inc.
In addition to Michele O'Connor's sale, several other insiders at ServiceTitan also made transactions on June 17, 2026. Vahe Kuzoyan, the company's President, sold 3,208 shares at the same price, while Ara Mahdessian, the CEO, executed multiple transactions, including selling 3,028 shares and buying an identical amount.
Other Institutional Activity in ServiceTitan
ICONIQ CAPITAL, LLC held its position steady with 11,527,632 shares valued at $731.54 million. Meanwhile, DEER MANAGEMENT CO. LLC reduced its holdings by 727,948 shares, ending with 5,068,064 shares worth $321.62 million. KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC significantly boosted its position by 1,405,092 shares, totaling 4,869,029 shares valued at $308.99 million. FMR LLC also increased its stake by 1,178,783 shares, reaching 2,963,303 shares valued at $188.05 million.
ServiceTitan Stock Snapshot
ServiceTitan's shares are currently trading near $66.57. The company boasts a market capitalization of approximately $6.35 billion and a forward P/E ratio of 40.7. The stock has experienced a 52-week range between $54.17 and $119.99, with a 50-day moving average of $64.22 and a 200-day moving average of $83.92. The company's balance sheet shows a current ratio of 4.44 and a quick ratio of 4.06, with a debt-to-equity ratio of 3.27.
Recent Earnings
ServiceTitan reported revenue of about $1.01 billion, reflecting a growth rate of 24.6%. However, the company is not currently profitable, with a net margin of -13.4% and a return on equity of -9.0%. The next earnings report is expected on September 10, 2026.
Analysts Set New Price Targets
On June 17, 2026, Needham reiterated its buy rating for ServiceTitan with a price target of $100. Other analysts, such as Baird and TD Cowen, maintained their buy ratings with targets of $94 and $125, respectively. The consensus among 16 analysts remains a strong buy, with a target mean price of $108.94.
About ServiceTitan
ServiceTitan, Inc. is a technology company based in Glendale, California. It provides a cloud-based software platform that helps contractors in various industries manage their business workflows. Founded in 2007, ServiceTitan serves a wide range of sectors, including HVAC, plumbing, electrical, and pest control. The company, led by CEO Ara Mahdessian, employs over 3,400 people and operates in the United States, Armenia, and Canada.
Bottom Line
Insider transactions, like those by Michele O'Connor, offer a glimpse into the activities of company executives, though they don't necessarily predict future stock performance. ServiceTitan continues to attract analyst attention with a strong buy consensus and significant institutional interest. Investors will be watching the company's next earnings report for further insights.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.