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Director Deeter Byron B, a ten percent owner of ServiceTitan , Inc. (NASDAQ:TTAN), a $9.7 billion market cap company currently trading at $108.12, indirectly disposed of shares of Class A Common Stock on July 10 and July 11, 2025. According to InvestingPro analysis, the company appears overvalued at current levels.
On July 10, Bessemer Venture Partners VIII L.P., Bessemer Venture Partners VIII Institutional L.P. and 15 Angels II LLC, sold 37,645 shares, 45,274 shares and 2,203 shares, respectively. On July 11, Bessemer Venture Partners VIII L.P., Bessemer Venture Partners VIII Institutional L.P. and 15 Angels II LLC sold 3,858, 4,640 and 208 shares respectively. The price per share for all sales was $0.
Following these transactions, Deeter Byron B. indirectly holds 1,891 shares of Class A Common Stock.
In other recent news, ServiceTitan’s first-quarter revenue growth reached 27%, surpassing the upper guidance estimate of 23%, as reported by TD Cowen. This strong performance led TD Cowen to increase their price target for ServiceTitan to $145, maintaining a Buy rating. The firm highlighted the company’s success in launching four large commercial accounts and noted an increase in full-year guidance from 17% to 19% at the high end. Truist Securities also reiterated a Buy rating with a $120 price target, expressing confidence in ServiceTitan’s potential for robust revenue growth and profitability. Discussions with the company’s management reinforced Truist’s belief in ServiceTitan’s strategies, particularly in consumer financing and expense management.
William Blair maintained an Outperform rating, emphasizing ServiceTitan’s end-to-end platform and its growing penetration of commercial customers. The firm noted that ServiceTitan’s focus on operational leverage supports a sustainable growth trajectory. Meanwhile, Loop Capital reiterated a Hold rating with a $100 price target, acknowledging steady growth in the volume of jobs processed on ServiceTitan’s platform. They noted that the warmer weather in the fiscal second quarter could provide a modest tailwind to the business. Overall, these recent developments reflect a positive outlook from multiple analyst firms on ServiceTitan’s growth and market position.
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