ReElement Technologies stock soars after securing $1.4B government deal
Vahe Kuzoyan, President of ServiceTitan, Inc. (NASDAQ:TTAN), sold a total of 19,413 shares of Class A Common Stock on October 8th and 9th, 2025, for approximately $3.28 million. The sales were executed at a weighted average price of $99.95 on October 8th and a weighted average price of $100.74 on October 9th. The stock, currently trading at $101.65, has struggled recently according to InvestingPro data, which shows the shares down 2.17% over the past week.
On October 8th, Kuzoyan sold 6,700 shares at prices ranging from $98.97 to $99.96, 9,663 shares at prices ranging from $99.97 to $100.96, and 25 shares at prices ranging from $100.97 to $101.03. On October 9th, Kuzoyan sold 3,607 shares at prices ranging from $98.94 to $99.93, 3,168 shares at prices ranging from $99.94 to $100.93 and 9,613 shares at prices ranging from $100.94 to $101.90.
The transactions were executed under a Rule 10b5-1 trading plan adopted on April 15, 2025.
Kuzoyan also converted 32,776 shares of Class B Common Stock into Class A Common Stock on both October 8th and 9th.
In other recent news, ServiceTitan’s quarterly results have surpassed both Freedom Capital’s estimates and consensus expectations, prompting the firm to raise its price target for the company from $145 to $155 while maintaining a Buy rating. Additionally, ServiceTitan has announced a partnership with Verisk to integrate Verisk’s Xactimate property claims management solution with the ServiceTitan platform. This collaboration aims to streamline insurance claims for contractors, particularly those in roofing and exteriors, by improving the efficiency of estimate creation and submission.
At the Pantheon 2025 event, ServiceTitan unveiled new AI-powered tools designed to enhance business operations for contractors. The centerpiece of these innovations is Atlas, a tool that leverages AI to anticipate contractor needs and automate various tasks. Truist Securities has maintained its Buy rating and a $130 price target on ServiceTitan, expressing a positive outlook after attending the Pantheon 2025 conference. Piper Sandler also reiterated an Overweight rating and a $155 price target, highlighting ServiceTitan’s expanding market reach and AI potential. These developments reflect the company’s ongoing efforts to leverage technology and partnerships to broaden its influence in the trades industry.
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