Foster Victor Wealth Advisors 13F: Cuts NOW Stake by $1.5M

Foster Victor Wealth Advisors trimmed its position in ServiceNow, Inc. ticker NOW by 10.8% during the period, according to a Form 13F filing with the Securities and Exchange Commission on October 21, 2026. ServiceNow closed at $153.12 on the day of the filing.

NOW ServiceNow, Inc.

$153.12 ▲ +3.85% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Foster Victor Wealth Advisors's ServiceNow Position

The firm sold 10,227 shares of the enterprise cloud software provider. That reduction left the firm holding 84,632 shares. The remaining stake had a reported value of $12.3 million at the time of the filing, down from its previous position of 94,589 shares.

Other Institutional Activity in ServiceNow

Other institutional investors also adjusted their holdings in the software maker around the same time. Sumitomo Mitsui DS Asset Management Company reduced its stake by 37,290 shares to finish with 243,713 shares valued at about $32.7 million. PensionDanmark Pensionsforsikringsaktieselskab cut its holdings by 29,504 shares, ending with 211,637 shares worth roughly $28.4 million.

ServiceNow, Inc. Stock Up 3.8%

The stock recently traded around $155.23, staying well above its 50-day moving average of $136.21 and its 200-day moving average of $115.03. ServiceNow shares have traded between a 52-week low of $81.24 and a 52-week high of $192.97.

Recent Earnings

ServiceNow reported $14.73 billion in trailing twelve-month revenue alongside $1.60 in trailing earnings per share. The company posted a net profit margin of 11.3% and a return on equity of 14.2%. Its next quarterly financial update is scheduled for October 28, 2026.

Insider Buying and Selling at ServiceNow, Inc.

Company insiders executed several transactions prior to the filing. Director Paul Edward Chamberlain sold 1,500 shares on August 13 for $188,400, and later sold 2,700 shares on August 27 for $365,851. Officer Jacqueline P. Canney sold 7,847 shares on August 28 for roughly $1.08 million. Officer Paul G. Fipps sold 2,034 shares on August 31 for $300,777.

Analysts Set New Price Targets

Analyst firms revised their outlooks on the software company ahead of the filing period. On October 15, Mizuho maintained its Outperform rating while raising its price target to $170.00 from $140.00. TD Cowen kept a Buy rating on October 15, lifting its target to $165.00 from $140.00. Piper Sandler maintained an Overweight rating on October 16, pushing its target to $175.00 from $140.00. StoneX kept a Buy rating on October 19, raising its target to $165.00 from $130.00. Finally, Truist Securities maintained a Buy rating on October 21, boosting its target to $180.00 from $130.00. ServiceNow holds a consensus rating of Strong Buy across 46 analyst opinions.

About ServiceNow

Headquartered in Santa Clara, California, ServiceNow, Inc. builds cloud-based platforms that automate digital workflows for businesses. Its software handles IT service management, customer service operations, security operations, and asset management for corporate clients around the globe. The company employs 29,187 people.

Bottom Line

Investors will look closely at ServiceNow's upcoming earnings report on October 28, 2026, to gauge ongoing demand for its cloud workflows. Institutional adjustments and rising analyst targets show steady attention on the software provider as it moves through the autumn reporting cycle.