ServiceTitan CFO David Sherry Sells Over $1.3 Million in Shares
CFO David Sherry sold 20,193 shares of ServiceTitan, Inc. on June 17, 2026.
Key Points
- David Sherry, CFO of ServiceTitan, sold 20,193 shares on June 17, 2026, totaling $1,336,574.67.
- ServiceTitan, Inc. trades at $66.57 with a market cap of $6.35 billion and a forward P/E of 40.7.
- Analysts have a strong buy consensus for ServiceTitan, with recent price targets ranging from $94 to $125.
David Sherry, the Chief Financial Officer of ServiceTitan, Inc. (NasdaqGS:TTAN), sold 20,193 shares of the company on June 17, 2026. The shares were sold at an average price of $66.19, amounting to a total transaction value of approximately $1,336,574.67. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at ServiceTitan, Inc.
On the same day, several other insiders also engaged in transactions involving ServiceTitan's stock. Vahe Kuzoyan, the President, sold 3,208 shares, while Ara Mahdessian, the CEO, sold 3,028 shares at the same price. Michele O'Connor, the Chief Accounting Officer, also sold 5,305 shares. None of these transactions were pre-planned.
ServiceTitan Stock Snapshot
Shares of ServiceTitan, Inc. are trading around $66.57. The company has a market capitalization of approximately $6.35 billion and a forward P/E ratio of 40.7, indicating investor expectations of future earnings growth. The stock has 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 financial health is supported by a current ratio of 4.44 and a quick ratio of 4.06, although its debt-to-equity ratio stands at 3.27.
Recent Earnings
ServiceTitan reported revenue of about $1.01 billion, reflecting a growth rate of 24.6%. However, the company is not yet profitable, as shown by a negative net margin of 13.4% and a return on equity of -9.04%. The next earnings report is scheduled for September 10, 2026.
Analysts Set New Price Targets
Analysts continue to show confidence in ServiceTitan's prospects. On June 17, 2026, Needham reiterated its buy rating with a price target of $100. Earlier in June, Baird and TD Cowen maintained buy ratings with targets of $94 and $125, respectively. The consensus among 16 analysts is a strong buy, with a mean target price of $108.94.
About ServiceTitan
ServiceTitan, Inc. offers a comprehensive cloud-based software platform aimed at businesses in various service industries, including HVAC, plumbing, and electrical contracting. The platform helps manage tasks such as job scheduling, dispatching, and payment processing. Headquartered in Glendale, California, and led by CEO Ara Mahdessian, ServiceTitan employs over 3,400 people. The company also provides specialized software solutions for pest control and landscaping industries, enhancing business operations through real-time data and reporting.
Bottom Line
The recent insider sales at ServiceTitan by CFO David Sherry and other executives provide a glimpse into management's current actions but do not necessarily indicate future performance. Investors keep a close watch on such transactions for potential insights. Meanwhile, ServiceTitan remains a strong player in the software sector, with analysts maintaining a positive outlook based on its growth prospects and strategic positioning.
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.