NOW - Insider Transaction: Jacqueline P Canney Sells $650K Worth Of ServiceNow Shares | Benzinga
Revealing a significant insider sell on January 31, Jacqueline P Canney, Chief People Officer at ServiceNow (NYSE:NOW), as per the latest SEC filing.
What Happened: Canney opted to sell 837 shares of ServiceNow, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The transaction's total worth stands at $650,020.
Tracking the Thursday's morning session, ServiceNow shares are trading at $769.24, showing a up of 0.5%.
Unveiling the Story Behind ServiceNow
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
Understanding the Numbers: ServiceNow's Finances
Revenue Growth: ServiceNow's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 25.62%. This signifies a substantial increase in the company's top-line earnings. In ...