Bessemer funds sell ServiceTitan NASDAQ:TTAN shares for $1.35 million

Bessemer Venture Partners VIII L.P., Bessemer Venture Partners VIII Institutional L.P., and 15 Angels II LLC, collectively the Bessemer Funds, sold shares of ServiceTitan , Inc. (NASDAQ:TTAN) on July 8th and 9th, 2025, for a total of approximately $1.35 million. According to InvestingPro data, ServiceTitan currently trades at $110.94 with a market capitalization of nearly $10 billion, and analysts maintain a bullish outlook with price targets ranging from $100 to $145.

On July 8, the Bessemer Funds sold 879 shares of Class A Common Stock in multiple transactions at prices ranging from $110.50 to $110.58, with a weighted average price of $110.54.

The following day, July 9, the entities sold 11,346 shares in multiple transactions at prices ranging from $110.50 to $111.19, with a weighted average price of $110.65.

Following these transactions, Bessemer Venture Partners VIII L.P., Bessemer Venture Partners VIII Institutional L.P., 15 Angels II LLC, and Cloud All Star Fund, L.P. own 3,571,026 shares, 4,294,676 shares, 191,810 shares and 2,470 shares of Class A Common Stock, respectively.

In other recent news, ServiceTitan’s financial performance and strategic initiatives have drawn significant attention from several analyst firms. TD Cowen raised its price target for ServiceTitan to $145, maintaining a Buy rating, following the company’s first-quarter revenue growth of 27%, which exceeded expectations. The firm noted ServiceTitan’s strong subscription revenues and increased usage metrics as key drivers of this performance. Additionally, Truist Securities reiterated its Buy rating with a $120 price target, expressing confidence in ServiceTitan’s potential for robust revenue growth and profitability, particularly in the roofing sector.

William Blair also maintained an Outperform rating, highlighting ServiceTitan’s platform capabilities and growing penetration in the commercial market. Loop Capital reiterated a Hold rating with a $100 price target, observing steady growth in jobs processed on ServiceTitan’s platform and noting the potential benefits from industry consolidation. Analysts from these firms have shown optimism in ServiceTitan’s market position and growth opportunities, driven by favorable conditions such as warmer weather and regulatory changes in air conditioning refrigerants.

These developments indicate a positive outlook from analysts, with expectations of continued growth and strong performance in the upcoming quarters.

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