ServiceTitan, Inc. (TTAN) reported an insider sale by Chief Executive Officer Ara Mahdessian totaling $159,874 in Class A Common Stock on March 18, 2026. The disposition was completed through multiple transactions that were recorded at an average price of $69.86.
The individual tranches sold by Mahdessian were 649.75 shares, 1,038.5 shares, 351.25 shares, 120.5 shares, 49.75 shares and 78.75 shares. Executed prices across those transactions ranged from $68.33 to $74.16.
On the same date, Mahdessian also carried out a non-cash conversion of 2,289 shares of Class B Common Stock into Class A Common Stock. That conversion was recorded at a price of $0.
The insider activity comes against a backdrop of significant pressure on ServiceTitan's share price. According to InvestingPro data, the stock declined 9.4% over the past week and is down 40.7% over the last six months. The company is valued at $6.5 billion and currently trades near InvestingPro's Fair Value estimate.
Despite the recent pullback, analysts have been revising forward earnings assumptions upward - the article notes that 15 analysts increased their earnings estimates for the upcoming period - and the company is expected to achieve profitability this year.
Recent quarterly results
ServiceTitan's fourth-quarter results exceeded several analyst estimates. Revenue grew 22%, topping the company's own guidance of 17%. This top-line strength was driven by a 23% increase in subscription revenue and a 22% rise in usage revenue. Broker commentary singled out robust results across gross transaction value, platform revenue, profits and cash flow.
Analyst reactions and price targets
- Truist Securities reduced its price target for ServiceTitan to $100, citing a broader software sector selloff that has pressured valuations.
- TD Cowen moved in the opposite direction, raising its price target to $135 on the strength of the company’s revenue performance.
- BMO Capital acknowledged ServiceTitan’s solid results and above-consensus fiscal 2027 guidance but cut its price target to $92, expressing concerns about growth.
- Piper Sandler retained an Overweight rating with a $120 price target, pointing to revenue and operating margin beats.
- William Blair reiterated an Outperform rating and suggested some of the market weakness reflects conservative guidance and seasonal factors.
Investor resources
For investors seeking more detailed analysis, a comprehensive Pro Research Report on TTAN is available, alongside coverage for more than 1,400 other U.S. equities.
While the CEO's sale and the Class B conversion are confirmed by the transaction records for March 18, 2026, the mix of downward pressure on the stock and upward analyst revisions underscores divergent market and analyst views on ServiceTitan’s near-term valuation and path to profitability.