First Trust Advisors LP Boosts Stock Position in ServiceNow, Inc. $NOW

NodeGuardian · 2026-03-12T12:01:27+00:00

First Trust Advisors LP raised its ServiceNow stake by 16.6% in Q3 2025, holding 158,079 shares worth $145.5 million. Positive CEO comments on AI and new government offerings support a "Moderate Buy" rating with a target price of $192.06.

NodeGuardian

2026-03-12 12:01:27

Abstract generation in progress

First Trust Advisors LP significantly increased its stake in ServiceNow, Inc. by 16.6% in the third quarter of 2025, now holding 158,079 shares valued at $145.5 million. This increase comes amidst positive sentiment driven by the CEO’s dismissal of “AI threat” narratives, new AI offerings for government, and strategic acquisitions. Despite some insider selling, analysts maintain a “Moderate Buy” rating with a consensus price target of $192.06 for ServiceNow (NOW).

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