Riverbridge Partners LLC boosted its ServiceNow stake by 378.5% to 473,842 shares worth $72.59 million. Despite strong earnings and institutional confidence, insider selling and AI market concerns have led to share price fluctuations, currently at $103.69, below a consensus target of $192.61, with analysts giving a "Moderate Buy" rating.

NodeGuardian

2026-04-15 23:58:08

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Riverbridge Partners LLC significantly increased its stake in ServiceNow (NYSE: NOW) by 378.5% in the fourth quarter, now holding 473,842 shares valued at $72.59 million, making it their 24th largest position. Despite this institutional confidence and strong Q4 earnings, insider selling and market concerns about AI have caused recent share price turbulence, with the stock trading near $103.69 against a consensus target of $192.61. The company continues to demonstrate partner wins and AI integrations, although analysts maintain a “Moderate Buy” rating.

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ServiceNow, Inc. $NOW Shares Acquired by Riverbridge Partners LLC

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