Bleakley Financial Group LLC Has $730,000 Holdings in nCino Inc. $NCNO

Bleakley Financial Group LLC cut its holdings in nCino Inc. (NASDAQ:NCNO) by 61.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,471 shares of the company’s stock after selling 46,142 shares during the quarter. Bleakley Financial Group LLC’s holdings in nCino were worth $730,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in NCNO. Millennium Management LLC lifted its stake in nCino by 16.6% in the first quarter. Millennium Management LLC now owns 303,853 shares of the company’s stock valued at $8,347,000 after buying an additional 43,247 shares during the period. Woodline Partners LP lifted its stake in nCino by 105.3% in the first quarter. Woodline Partners LP now owns 13,227 shares of the company’s stock valued at $363,000 after buying an additional 6,783 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in nCino by 16.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 281,435 shares of the company’s stock valued at $7,731,000 after buying an additional 39,345 shares during the period. Prudential Financial Inc. bought a new stake in shares of nCino during the second quarter valued at approximately $208,000. Finally, Marshall Wace LLP bought a new stake in shares of nCino during the second quarter valued at approximately $4,163,000. 94.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other nCino news, CEO Sean Desmond sold 22,073 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $18.02, for a total value of $397,755.46. Following the completion of the transaction, the chief executive officer owned 1,271,016 shares in the company, valued at $22,903,708.32. This represents a 1.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Gregory Orenstein sold 14,650 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $18.02, for a total value of $263,993.00. Following the completion of the transaction, the chief financial officer owned 702,293 shares of the company’s stock, valued at $12,655,319.86. This trade represents a 2.04% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 164,918 shares of company stock worth $2,900,939 over the last 90 days. Company insiders own 1.90% of the company’s stock.

nCino Stock Up 1.5%

Shares of NASDAQ:NCNO opened at $16.08 on Friday. The company has a market capitalization of $1.76 billion, a PE ratio of 134.00 and a beta of 0.72. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.89 and a quick ratio of 1.00. The business has a fifty day moving average price of $16.52 and a two-hundred day moving average price of $20.01. nCino Inc. has a 1 year low of $13.80 and a 1 year high of $33.92.

nCino (NASDAQ:NCNO) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.16. The firm had revenue of $149.67 million during the quarter, compared to the consensus estimate of $147.41 million. nCino had a return on equity of 6.85% and a net margin of 2.17%.The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.12 EPS. Analysts forecast that nCino Inc. will post 0.61 earnings per share for the current year.

Key Headlines Impacting nCino

Here are the key news stories impacting nCino this week:

• Positive Sentiment: nCino reported better-than-expected Q1 results, with earnings of $0.33 per share topping estimates and sales also coming in ahead of expectations, helping fuel a sharp rally in the stock. nCino (NASDAQ:NCNO) Posts Better-Than-Expected Sales In Q1 CY2026, Stock Jumps 11.2%
• Positive Sentiment: Needham reaffirmed its Buy rating and set a $25 price target, implying substantial upside from current levels. nCino had its “buy” rating reaffirmed by Needham & Company LLC.
• Positive Sentiment: A Seeking Alpha piece argued that nCino is “finally investable” after a stellar quarter, while another article highlighted the stock’s low valuation versus GF Value, reinforcing the bull case. nCino Is Finally Investable After A Stellar Quarter (Upgrade)
• Neutral Sentiment: Management updated FY2027 guidance, guiding revenue to $642 million-$646 million, slightly above the consensus estimate of $641.8 million; the update was supportive, but the provided EPS guidance was not fully specified.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Robert W. Baird decreased their price objective on nCino from $34.00 to $24.00 and set an “outperform” rating for the company in a report on Tuesday, March 31st. Wall Street Zen upgraded nCino from a “hold” rating to a “buy” rating in a report on Saturday, April 4th. Barclays boosted their price objective on nCino from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Wednesday, April 1st. Zacks Research upgraded nCino from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Finally, The Goldman Sachs Group decreased their price objective on nCino from $24.00 to $21.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.21.

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.