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

nCino Inc. (NASDAQ:NCNO) insider April Rieger sold 4,731 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total transaction of $122,107.11. Following the sale, the insider directly owned 229,774 shares of the company’s stock, valued at approximately $5,930,466.94. This trade represents a 2.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

nCino Stock Up 1.2%

NASDAQ:NCNO traded up $0.30 during trading hours on Thursday, hitting $25.50. The stock had a trading volume of 954,460 shares, compared to its average volume of 1,830,890. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.24. nCino Inc. has a 1-year low of $18.75 and a 1-year high of $43.20. The business has a 50 day simple moving average of $27.77 and a two-hundred day simple moving average of $27.24. The company has a market cap of $2.95 billion, a PE ratio of -87.91, a price-to-earnings-growth ratio of 16.00 and a beta of 0.62.

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

Hedge Funds Weigh In On nCino

A number of large investors have recently made changes to their positions in NCNO. Farther Finance Advisors LLC lifted its holdings in shares of nCino by 186.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock valued at $26,000 after buying an additional 617 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of nCino by 68.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock valued at $32,000 after buying an additional 458 shares during the last quarter. AlphaQuest LLC lifted its holdings in shares of nCino by 5,022.2% during the 3rd quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock valued at $37,000 after buying an additional 1,356 shares during the last quarter. Hilltop National Bank acquired a new stake in nCino in the 2nd quarter worth approximately $42,000. Finally, Covestor Ltd lifted its holdings in nCino by 27.6% in the 1st quarter. Covestor Ltd now owns 2,388 shares of the company’s stock worth $66,000 after purchasing an additional 517 shares during the last quarter. Institutional investors and hedge funds own 94.76% of the company’s stock.

Wall Street Analyst Weigh In

NCNO has been the topic of a number of recent research reports. JMP Securities raised their target price on nCino from $35.00 to $41.00 and gave the company a “market outperform” rating in a research note on Wednesday, August 27th. Stephens upgraded nCino from a “hold” rating to an “overweight” rating in a research note on Monday, October 27th. William Blair raised nCino from a “market perform” rating to an “outperform” rating in a report on Friday, October 10th. Piper Sandler raised their price target on nCino from $28.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday, August 27th. Finally, Bank of America lifted their target price on nCino from $34.00 to $38.00 and gave the stock a “neutral” rating in a report on Wednesday, August 27th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.94.

About nCino

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.