NOW Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own NOW shares is 2756, representing 91.88% of the company's common stock.

SUSTAINABLE GROWTH ADVISERS, LP, in the last quarter, reduced its stake in NOW by -22.4% restricting it's holding to 443.74 thousand shares of worth nearly $338.31M. TCW GROUP INC also lessened -4.5% of the NOW shares from its portfolio, reducing its holding to 438.52 thousand shares of worth $334.33M. STIFEL FINANCIAL CORP also shunned NOW shares holding by -5.38% last quarter which brought its holding to 415.56 thousand shares worth $316.82M.

As per its latest 13F filing, STATE STREET CORP increased its stake in NOW by 3.34% in the last quarter. The institutional holder raised its holding to 8.72 million shares having worth more than $6.65B. NORDEA INVESTMENT MANAGEMENT AB also added 1.86% more shares of NOW to its portfolio, raising its holding to 439.08 thousand shares of worth $336.11M. CI INVESTMENTS INC. also increased its NOW shares holding by 45.11% which brought its holding to 416.58 thousand shares worth $317.60M.

The insider with the most stakes in NOW is MILLER JEFFREY A , director at the company. Additionally, NOW stock is highly held by President & COO Desai Chirantan Jitendra and Chief Digital Information Ofc Bedi Christopher among others.

Company executives, directors, and other insiders own 0.18% percent of ServiceNow, Inc.'s stock. Within the last six months, there have been 31 transaction(s) in which NOW insiders have sold stock, totaling 34.36K shares. Insiders that have sold shares include CANNEY JACQUELINE P, CHAMBERLAIN PAUL EDWARD, and SANDS ANITA M.

There have been 0 transaction(s) during the past 6-months in which ServiceNow, Inc. insiders have bought stock, totalling 0 shares

Around 183.96K ServiceNow, Inc. shares are held by insiders, which represents about 0.18% of NOW stock.

NOW director, MILLER JEFFREY A holds the largest portfolio of the company's shares. NOW shares owned by MILLER total nearly 42.92 thousand.

STATE STREET CORP is the largest institutional owner in NOW which holds 8.72 million shares worth $6.65B or 4.27% of the total NOW shares outstanding followed by SUSTAINABLE GROWTH ADVISERS, LP with ownership of 443.74 thousand shares representing 0.22% of the NOW ownership. NORDEA INVESTMENT MANAGEMENT AB is the third largest stakeholder with 439.08 thousand shares or 0.22% of the ownership worth more than $336.11M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the NOW is concerned, it is a stock which is optionable.

Number of NOW shares short is 3.61M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 206.32M shares of NOW are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, NOW has 205.72M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for NOW is 3.07.