nCino Inc. $NCNO Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in shares of nCino Inc. (NASDAQ:NCNO) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,924,703 shares of the company’s stock after purchasing an additional 201,499 shares during the period. Vanguard Group Inc. owned 10.30% of nCino worth $323,279,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Long Path Partners LP lifted its position in nCino by 61.1% during the second quarter. Long Path Partners LP now owns 4,787,869 shares of the company’s stock worth $133,917,000 after buying an additional 1,815,868 shares in the last quarter. Ranger Investment Management L.P. raised its stake in nCino by 48.2% during the third quarter. Ranger Investment Management L.P. now owns 1,157,751 shares of the company’s stock worth $31,387,000 after purchasing an additional 376,506 shares during the period. Advantage Alpha Capital Partners LP lifted its holdings in nCino by 79.7% in the second quarter. Advantage Alpha Capital Partners LP now owns 196,734 shares of the company’s stock valued at $5,503,000 after acquiring an additional 87,274 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in shares of nCino during the 3rd quarter worth $1,397,000. Finally, Spyglass Capital Management LLC acquired a new position in nCino in the second quarter valued at about $44,190,000. 94.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at nCino

In related news, insider April Rieger sold 8,078 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total transaction of $150,897.04. Following the transaction, the insider directly owned 221,696 shares in the company, valued at approximately $4,141,281.28. This represents a 3.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sean Desmond sold 16,047 shares of nCino stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total value of $299,757.96. Following the completion of the sale, the chief executive officer owned 602,550 shares of the company’s stock, valued at $11,255,634. This trade represents a 2.59% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 78,641 shares of company stock valued at $1,559,400. 5.70% of the stock is owned by corporate insiders.

nCino Stock Performance

NASDAQ NCNO opened at $16.14 on Friday. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of -89.67, a PEG ratio of 3.28 and a beta of 0.55. The business’s 50 day moving average is $21.59 and its two-hundred day moving average is $25.06. nCino Inc. has a 12-month low of $13.80 and a 12-month high of $33.92. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.24.

nCino (NASDAQ:NCNO) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.11. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.The firm had revenue of $152.16 million for the quarter, compared to analyst estimates of $147.31 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. nCino’s quarterly revenue was up 9.6% on a year-over-year basis. nCino has set its FY 2026 guidance at 0.900-0.910 EPS and its Q4 2026 guidance at 0.210-0.220 EPS. Research analysts expect that nCino Inc. will post 0.12 EPS for the current year.

nCino announced that its board has initiated a stock repurchase program on Monday, December 8th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to reacquire up to 3.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Zacks Research downgraded nCino from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Piper Sandler cut their price objective on nCino from $34.00 to $30.00 and set a “neutral” rating on the stock in a research report on Thursday, December 4th. Truist Financial reduced their price objective on nCino from $32.00 to $27.00 and set a “hold” rating on the stock in a research note on Thursday, December 4th. JPMorgan Chase & Co. lowered their price target on shares of nCino from $30.00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Finally, UBS Group reissued a “buy” rating and set a $36.00 target price on shares of nCino in a research report on Tuesday, December 9th. One equities research analyst has 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. Based on data from MarketBeat, nCino has a consensus rating of “Moderate Buy” and a consensus target price of $32.33.

nCino Profile

nCino, Inc provides a cloud-based banking operating system designed to modernize and streamline processes for financial institutions. Built on a software-as-a-service (SaaS) model, the nCino Bank Operating System integrates key banking functions into a unified platform, enabling banks and credit unions to enhance efficiency, reduce risk and improve customer experiences.

Founded in 2012 as a spinoff from Live Oak Bank, nCino launched its flagship offering to address the needs of commercial and retail lenders seeking to replace legacy systems.