251 Shares in ServiceTitan Inc. (NASDAQ:TTAN) Acquired by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. acquired a new position in shares of ServiceTitan Inc. (NASDAQ:TTAN) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 251 shares of the company’s stock, valued at approximately $26,000.

Several other institutional investors have also recently modified their holdings of the stock. TimesSquare Capital Management LLC acquired a new position in shares of ServiceTitan during the 4th quarter worth approximately $87,896,000. New York State Common Retirement Fund acquired a new position in ServiceTitan in the 4th quarter valued at $3,692,000. Finally, Principal Financial Group Inc. acquired a new position in ServiceTitan in the 4th quarter valued at $25,365,000.

ServiceTitan Trading Down 3.7 %

TTAN opened at $82.34 on Friday. ServiceTitan Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $112.00. The stock’s 50-day simple moving average is $97.40.

ServiceTitan (NASDAQ:TTAN) last posted its earnings results on Thursday, March 13th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.03 by $0.09. The firm had revenue of $209.30 million during the quarter, compared to the consensus estimate of $200.11 million. The business’s revenue for the quarter was up 29.4% on a year-over-year basis. Sell-side analysts predict that ServiceTitan Inc. will post -1.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TTAN has been the subject of several analyst reports. Truist Financial assumed coverage on ServiceTitan in a report on Monday, January 6th. They issued a “buy” rating and a $120.00 price target for the company. Canaccord Genuity Group began coverage on shares of ServiceTitan in a report on Monday, January 6th. They issued a “buy” rating and a $120.00 price objective on the stock. Baird R W upgraded shares of ServiceTitan to a “strong-buy” rating in a report on Friday, December 27th. William Blair assumed coverage on shares of ServiceTitan in a report on Monday, January 6th. They issued an “outperform” rating on the stock. Finally, The Goldman Sachs Group assumed coverage on shares of ServiceTitan in a research note on Monday, January 6th. They issued a “neutral” rating and a $100.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, ServiceTitan has a consensus rating of “Moderate Buy” and an average target price of $116.17.

ServiceTitan Profile

ServiceTitan, Inc engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.