Segall Bryant & Hamill LLC Sells 56,686 Shares of ServiceNow, Inc. $NOW

Segall Bryant & Hamill LLC has reduced its stake in ServiceNow, Inc. by 29.4%, selling 56,686 shares and retaining 135,952 shares valued at approximately $14.2 million. Despite this insider selling and potential workforce reductions, ServiceNow reported strong quarterly revenue of $3.99 billion, exceeding analyst expectations, and raised its full-year revenue outlook, with significant AI-related contract value. Analyst sentiment remains favorable, with a consensus "Moderate Buy" rating and a price target suggesting upside from current trading levels.