ServiceTitan (TTAN) CEO Ara Mahdessian Buys 3,028 Shares
ServiceTitan Chief Executive Officer Ara Mahdessian picked up 3,028 shares on June 17, 2026, standing alongside other executives who adjusted their stakes.
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Ara Mahdessian, Chief Executive Officer at ServiceTitan, Inc. ($TTAN), bought 3,028 shares on June 17, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $TTAN is up 4.1% after 1 week, up 21.7% after 1 month and up 20.1% to date (from the $62.45 close on Jun 17, 2026).
Key Points
- ServiceTitan, Inc. CEO Ara Mahdessian acquired 3,028 shares on June 17, 2026.
- The transaction took place during a mid-June flurry of insider moves that included sales from CFO David Sherry and Chief Accounting Officer Michele O'Connor.
- Wall Street maintains a strong buy consensus on the stock with a mean price target of $97.53 across 15 analyst opinions.
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ServiceTitan CEO Adds to Holdings in Mid-June Activity
ServiceTitan, Inc. Chief Executive Officer Ara Mahdessian picked up 3,028 shares of the cloud software provider on June 17, 2026. This purchase formed part of a wider wave of executive transactions at the firm during the middle of June, highlighting an active period for internal leadership positioning.
A Closer Look at ServiceTitan Insider Transactions
The June 17 trading session saw multiple members of the leadership team make moves in the market. President Vahe Kuzoyan also acquired 3,028 shares on the same day. At the same time, other leaders trimmed their holdings. Chief Financial Officer David Sherry sold 20,193 shares on June 17 at an average price of $66.19 for a total of over $1.3 million. Chief Accounting Officer Michele O'Connor offloaded 5,305 shares on that date at $66.19, realizing about $351,137. Days later on June 22, Griffith William J.G. sold 200 shares at a price of $63.01.
Stock Performance and Recent Trading
Shares of ServiceTitan trade near $62.45, sitting closer to their 52-week low of $53.00 than their peak of $111.36. The cloud software maker carries a market capitalization of roughly $5.45 billion and a forward P/E ratio of 34.17.
Analysts Set New Price Targets
Financial institutions continue to evaluate the software platform following recent adjustments. On October 7, 2026, TD Cowen reiterated its buy rating on the stock with a $100.00 price target. BTIG also kept a buy rating on October 2 with a $110.00 price target. Earlier in September, firms like Citigroup, Canaccord Genuity, Morgan Stanley, Truist Securities, and Stifel updated their views. Overall, the consensus rating sits at a strong buy with a mean price target of $97.53 across 15 analyst opinions.
What ServiceTitan Does
ServiceTitan builds end-to-end cloud software platforms that help contractors, pest control operators, and landscape businesses manage workflows like scheduling, dispatching, billing, and payments. The company serves various field service sectors ranging from plumbing and HVAC to electrical and garage door repair from its headquarters in Glendale, California.
Looking Ahead for TTAN
Investors will look ahead to the company's next scheduled financial report on December 3, 2026, for updated metrics on revenue growth and profitability margins. Insider transactions offer a window into how leadership interacts with equity, though they do not guarantee future stock direction.
Source: Ara Mahdessian's Form 4 filing on $TTAN (Jun 17, 2026). Find the original filing: TTAN Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts