Insider Selling: nCino (NASDAQ:NCNO) Insider Sells 4,731 Shares of Stock

nCino Inc. (NASDAQ:NCNO) insider April Rieger sold 4,731 shares of nCino stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total value of $122,107.11. Following the completion of the transaction, the insider directly owned 229,774 shares in the company, valued at approximately $5,930,466.94. This represents a 2.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

nCino Stock Performance

NASDAQ NCNO traded up $0.30 during trading on Thursday, hitting $25.50. The company’s stock had a trading volume of 954,460 shares, compared to its average volume of 1,830,890. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.24. The firm has a 50 day moving average price of $27.77 and a 200 day moving average price of $27.24. The firm has a market cap of $2.95 billion, a P/E ratio of -87.91, a price-to-earnings-growth ratio of 16.00 and a beta of 0.62. nCino Inc. has a 52 week low of $18.75 and a 52 week high of $43.20.

nCino (NASDAQ:NCNO) last released its quarterly earnings data on Tuesday, August 26th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 positive return on equity of 1.18% and a negative net margin of 5.86%.nCino’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.14 earnings per share. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. Equities research analysts forecast that nCino Inc. will post 0.12 earnings per share for the current fiscal year.

Hedge Funds Weigh In On nCino

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NCNO. Vanguard Group Inc. raised its holdings in shares of nCino by 7.7% during the 1st quarter. Vanguard Group Inc. now owns 11,666,955 shares of the company’s stock worth $320,491,000 after buying an additional 836,182 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its position in shares of nCino by 50.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,867,463 shares of the company’s stock valued at $133,710,000 after buying an additional 1,626,446 shares during the last quarter. Long Path Partners LP boosted its position in shares of nCino by 61.1% during the 2nd quarter. Long Path Partners LP now owns 4,787,869 shares of the company’s stock valued at $133,917,000 after purchasing an additional 1,815,868 shares in the last quarter. Invesco Ltd. boosted its position in shares of nCino by 3.6% during the 1st quarter. Invesco Ltd. now owns 2,697,437 shares of the company’s stock valued at $74,099,000 after purchasing an additional 94,940 shares in the last quarter. Finally, Conestoga Capital Advisors LLC raised its stake in nCino by 24.0% during the 2nd quarter. Conestoga Capital Advisors LLC now owns 2,669,920 shares of the company’s stock worth $74,678,000 after buying an additional 516,635 shares during the period. 94.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on NCNO shares. Zacks Research upgraded nCino from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Barclays upped their price target on nCino from $31.00 to $37.00 and gave the company an “overweight” rating in a research note on Wednesday, August 27th. Robert W. Baird upped their price target on nCino from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Wednesday, August 27th. JMP Securities upped their price objective on nCino from $35.00 to $41.00 and gave the company a “market outperform” rating in a report on Wednesday, August 27th. Finally, Piper Sandler increased their price objective on nCino from $28.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, nCino has a consensus rating of “Moderate Buy” and an average price target of $33.94.

nCino Company 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.