New York, Feb 16, 2026, 13:28 EST — Market’s done for the day.
- ServiceNow was last seen at $107.08, marking a 3.6% gain from its previous close.
- The company named a new chief accounting officer, effective Feb. 17, according to an 8-K filing.
- A director has disclosed selling shares through a pre-arranged trading plan.
ServiceNow ended Friday’s session 3.6% higher at $107.08, with shares moving between $102.74 and $107.67 amid brisk trading, market data showed.
There’s no U.S. stock trading on Monday thanks to Presidents Day, which puts the focus on Tuesday’s opening bell and a packed lineup of data later this week.
The timing is critical for ServiceNow, as its shares have been caught up in the broader “AI scare” rotation that’s hammered software stocks lately. Investors are still searching for any hint that the wave of selling is running out of steam. Reuters
ServiceNow, in a Feb. 11 filing, named Danielle Fontaine chief accounting officer and corporate controller, effective Feb. 17. Fontaine’s compensation package includes a $420,000 base salary, a target cash bonus worth 40% of base, and a $1.25 million restricted stock unit award, vesting quarterly across four years, according to the filing.
Director Paul Edward Chamberlain unloaded 1,500 shares on Feb. 12, off a Rule 10b5-1 plan, pocketing $101.17 per share, according to a Form 4 posted Feb. 13. After the sale, Chamberlain’s stake stood at 46,430 shares.
Chamberlain also filed a Form 144—an obligatory notice for planned sales of restricted or control stock—signaling intent to offload as many as 1,200 shares.
Volatility isn’t letting up. “With fear driving market sentiment, investors remain in ‘sell first think later’ mode,” Barclays equity strategist Emmanuel Cau told Reuters on Feb. 13. Reuters
Some strategists see opportunity after the recent pullback, saying certain names in the group now look out of place price-wise. “We believe the dislocation in U.S. Software valuations is sentiment-driven, not fundamental,” Morgan Stanley’s Katy Huberty wrote, according to Reuters. Reuters
But it’s the tape that will decide what happens next. Should bond yields jump again when trading resumes Tuesday, or if fresh worries flare up over AI tools eroding subscription software, that steady demand for high-multiple stocks such as ServiceNow could disappear in a hurry.
Investors’ focus this week zeros in on Tuesday’s U.S. retail sales numbers and the Empire State manufacturing survey. Wednesday brings the Fed’s meeting minutes, out at 14:00 ET. Then, to close out the week, Friday’s on tap for the advance Q4 GDP estimate.
For ServiceNow, the spotlight’s on what shakes out after the Feb. 17 finance-function switch. Traders are watching: do the insider-sale headlines just keep rolling in as usual, or does the chatter start to weigh on sentiment, especially with shares lingering near the bottom of their recent range?
