nCino Inc. $NCNO Shares Sold by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC decreased its holdings in shares of nCino Inc. (NASDAQ:NCNO) by 1.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 109,975 shares of the company’s stock after selling 1,677 shares during the period. Moody Aldrich Partners LLC owned approximately 0.09% of nCino worth $3,076,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. T. Rowe Price Investment Management Inc. lifted its stake in nCino by 50.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 4,867,463 shares of the company’s stock valued at $133,710,000 after purchasing an additional 1,626,446 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of nCino by 7.7% in the first quarter. Vanguard Group Inc. now owns 11,666,955 shares of the company’s stock valued at $320,491,000 after buying an additional 836,182 shares in the last quarter. Conestoga Capital Advisors LLC lifted its position in shares of nCino by 24.0% during the 2nd quarter. Conestoga Capital Advisors LLC now owns 2,669,920 shares of the company’s stock valued at $74,678,000 after acquiring an additional 516,635 shares during the last quarter. Nuveen LLC bought a new stake in shares of nCino during the 1st quarter worth $7,790,000. Finally, Algebris UK Ltd acquired a new position in shares of nCino in the 1st quarter worth $6,689,000. 94.76% of the stock is currently owned by institutional investors.

nCino Stock Up 3.9%

nCino stock opened at $26.80 on Friday. The firm has a market cap of $3.10 billion, a PE ratio of -92.41, a P/E/G ratio of 16.25 and a beta of 0.64. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.03 and a current ratio of 1.03. The firm’s 50 day moving average price is $28.06 and its two-hundred day moving average price is $27.16. nCino Inc. has a twelve month low of $18.75 and a twelve month high of $43.20.

nCino (NASDAQ:NCNO) last posted its quarterly earnings results on Tuesday, August 26th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.14 by $0.08. The business had revenue of $148.82 million for the quarter, compared to analysts’ expectations of $143.17 million. nCino had a negative net margin of 5.86% and a positive return on equity of 1.18%. nCino’s revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 EPS. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. On average, research analysts predict that nCino Inc. will post 0.12 EPS for the current fiscal year.

Insider Activity at nCino

In other news, CFO Gregory Orenstein sold 4,155 shares of nCino stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $27.45, for a total transaction of $114,054.75. Following the completion of the sale, the chief financial officer directly owned 466,099 shares in the company, valued at $12,794,417.55. The trade was a 0.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider April Rieger sold 3,028 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $27.45, for a total value of $83,118.60. Following the completion of the transaction, the insider owned 240,523 shares in the company, valued at $6,602,356.35. This represents a 1.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,480,723 shares of company stock worth $135,667,553. 5.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. William Blair raised nCino from a “market perform” rating to an “outperform” rating in a report on Friday, October 10th. Citigroup restated an “outperform” rating on shares of nCino in a report on Wednesday, August 27th. Zacks Research upgraded shares of nCino from a “hold” rating to a “strong-buy” rating in a report on Monday. UBS Group restated a “neutral” rating on shares of nCino in a report on Wednesday, August 27th. Finally, Morgan Stanley raised their price objective on shares of nCino from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 27th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $33.94.

nCino Profile

nCino, Inc, a software-as-a-service company, provides cloud-based software applications to financial institutions in the United States and internationally. Its nCino Bank Operating System connects financial institution employees, clients and third parties on a single cloud-based platform which include client onboarding, deposit account opening, loan origination, end-to-end mortgage suite, and powerful ecosystem.