McDermott William R, an insider at ServiceNow Inc (NOW), recently sold 7,424 shares of the company at a price of $861.87 per share, totaling approximately $6.40 million. This transaction took place on November 6, 2025.
Following this sale, McDermott retains 7,424 shares of ServiceNow Inc. Insider transactions can occur for a variety of reasons, including personal financial needs, estate planning, or diversification. While significant selling may attract attention, routine sales do not inherently indicate negative sentiment toward the company.
It's important for investors to view insider activity in context. This sale represents just one data point among many factors to consider when evaluating a company's performance. Investors should look for patterns in insider transactions across multiple executives and over time, rather than focusing solely on isolated trades.
ServiceNow, headquartered in Santa Clara, California, specializes in providing a comprehensive workflow automation platform for digital businesses. The company, which went public on June 29, 2012, employs 26,293 full-time staff and boasts a market capitalization of $179.7 billion. With a P/E ratio of 103.82 and an EPS of 8.26, ServiceNow continues to be a significant player in the technology sector. Upcoming earnings reports are scheduled for April 20, 2026, and July 20, 2026, with estimated EPS of $4.77 and $4.71, respectively.