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ServiceNow, Inc. $NOW Shares Purchased by CWA Asset Management Group LLC
CWA Asset Management Group LLC significantly increased its stake in ServiceNow (NYSE: NOW) by 355.7% in Q4, acquiring an additional 16,064 shares for a total of 20,580 shares valued at $3.15 million. This purchase comes as institutional investors hold 87.18% of the company’s stock, despite insider selling totaling 16,237 shares worth approximately $1.70 million during the same quarter. ServiceNow reported strong Q4 earnings, beating estimates with $0.92 EPS and $3.57 billion in revenue, reflecting a 20.7% year-over-year increase.