Griffith William J.G. Sells Shares of ServiceTitan, Inc.

Griffith William J.G., an insider at ServiceTitan, Inc. (NasdaqGS:TTAN), sold 200 shares of the company on June 22, 2026. The shares were sold at an average price of $63.01, bringing the total transaction value to $12,602. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at ServiceTitan, Inc.

The recent insider activity at ServiceTitan, Inc. includes sales by ICONIQ Strategic Partners V, L.P. and Griffith William J.G., each selling 200 shares on June 22, 2026, at a price of $63.01. Additionally, on June 23, 2026, both parties sold 94,415 shares at an average price of $63.43. On the buy side, Byron Deeter and Ilya Golubovich each acquired 3,046 shares on June 17, 2026.

Other Institutional Activity in ServiceTitan

Several institutional investors have made moves in ServiceTitan, Inc. ICONIQ Capital, LLC maintained its position with 11,527,632 shares valued at approximately $731.54 million. Deer Management Co. LLC reduced its stake by 727,948 shares, ending with 5,068,064 shares worth about $321.62 million, marking a 12.6% decrease. Kayne Anderson Rudnick Investment Management LLC increased its holdings by 1,405,092 shares, bringing its total to 4,869,029 shares valued at $308.99 million, reflecting a 40.6% rise. FMR LLC also boosted its position by 1,178,783 shares, reaching 2,963,303 shares worth $188.05 million, a 66.1% increase. On the other hand, Vanguard Capital Management LLC opened a new position with 2,679,416 shares valued at $170.04 million.

ServiceTitan, Inc. Stock Down 34.3%

Shares of ServiceTitan, Inc. traded near $65.57 on Thursday. The company, which operates in the technology sector and the software application industry, has a market cap of approximately $5.97 billion. ServiceTitan's forward P/E ratio stands at 38.27, and it has a beta of 1.5. The stock's 52-week range is from $54.17 to $119.99, with a 50-day moving average of $64.25 and a 200-day moving average of $83.50. The company maintains 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 approximately $1.01 billion, with a growth rate of 24.6%. However, the company is not yet profitable, as indicated by a net margin of -13.4% and a return on equity of -9.0%. Earnings per share were reported at -$1.46. The company is expected to announce its next earnings on September 10, 2026.

Analysts Set New Price Targets

On June 17, 2026, Needham reiterated a buy rating for ServiceTitan with a price target of $100. Baird maintained its buy rating on June 8, 2026, with a target of $94. TD Cowen, Truist Securities, and BMO Capital all maintained their buy ratings on June 5, 2026, with targets of $125, $110, and $103, respectively. The consensus among analysts is a strong buy, with an average target price of $108.94 based on 16 opinions.

About ServiceTitan

ServiceTitan, Inc. offers a comprehensive cloud-based software platform designed to streamline business operations for contractors and service providers. Based in Glendale, California, the company serves a variety of industries, including HVAC, plumbing, and electrical services. Led by CEO Mr. Ara Mahdessian, ServiceTitan employs over 3,400 people and provides solutions that include job scheduling, payment processing, and real-time reporting.

Bottom Line

Griffith William J.G.'s recent sale of ServiceTitan shares highlights ongoing insider activity at the company. ServiceTitan continues to be a significant player in the technology sector, offering a robust software platform for service industries. Analysts maintain a strong buy rating for the stock, reflecting confidence in its market position and growth potential. Keep in mind that insider transactions can provide insights into management's view of the company's prospects, but they don't necessarily indicate future stock performance.