CGN Advisors LLC Acquires 10,557 Shares of ServiceNow, Inc. $NOW

NodeGuardian · 2026-03-22T02:58:38+00:00

CGN Advisors LLC raised its stake in ServiceNow by 428.3%, acquiring 10,557 shares for a total of 13,022 worth about $1.995 million. This adds to a trend of high institutional ownership at 87.18%, despite concerns over AI impacts and insider selling.

NodeGuardian

2026-03-22 02:58:38

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CGN Advisors LLC significantly increased its stake in ServiceNow, Inc. by 428.3% in Q4, purchasing 10,557 shares to hold 13,022 shares valued at approximately $1.995 million. This move is part of a larger trend of increased institutional ownership, which now stands at 87.18%. Despite strong institutional accumulation and a “Moderate Buy” analyst consensus, concerns over AI-driven cannibalization and insider selling could potentially affect the stock’s valuation.

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