Ranger Investment Management L.P. Boosts Position in nCino Inc. $NCNO

Ranger Investment Management L.P. increased its position in nCino Inc. (NASDAQ:NCNO) by 48.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,157,751 shares of the company’s stock after buying an additional 376,506 shares during the quarter. nCino accounts for approximately 2.2% of Ranger Investment Management L.P.’s holdings, making the stock its 10th biggest holding. Ranger Investment Management L.P. owned about 1.00% of nCino worth $31,387,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Long Path Partners LP grew its position in shares of nCino by 61.1% in the 2nd 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 during the last quarter. Spyglass Capital Management LLC bought a new stake in nCino during the 2nd quarter valued at approximately $44,190,000. Owls Nest Partners IA LLC bought a new stake in nCino during the 2nd quarter valued at approximately $33,442,000. Hood River Capital Management LLC purchased a new position in shares of nCino during the 2nd quarter worth approximately $28,183,000. Finally, Balyasny Asset Management L.P. bought a new position in shares of nCino in the 2nd quarter worth approximately $26,238,000. 94.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Piper Sandler reduced their price target on nCino from $34.00 to $30.00 and set a “neutral” rating on the stock in a research note on Thursday, December 4th. Keefe, Bruyette & Woods boosted their target price on shares of nCino from $34.50 to $36.00 and gave the company an “outperform” rating in a report on Thursday, December 4th. Truist Financial decreased their price target on shares of nCino from $32.00 to $27.00 and set a “hold” rating for the company in a research note on Thursday, December 4th. Needham & Company LLC reissued a “buy” rating and set a $38.00 price objective on shares of nCino in a research note on Thursday, December 4th. Finally, UBS Group restated a “buy” rating and issued a $36.00 price objective on shares of nCino in a report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, nCino presently has a consensus rating of “Moderate Buy” and an average target price of $33.27.

nCino Price Performance

Shares of NCNO opened at $18.48 on Friday. nCino Inc. has a twelve month low of $17.69 and a twelve month high of $34.55. The company has a market capitalization of $2.12 billion, a P/E ratio of -101.57, a price-to-earnings-growth ratio of 3.71 and a beta of 0.55. The firm has a 50 day moving average of $24.31 and a 200 day moving average of $26.43. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.24.

nCino (NASDAQ:NCNO) last issued its earnings results on Wednesday, December 3rd. The company reported $0.31 EPS for the quarter, beating the consensus estimate 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 business had revenue of $152.16 million for the quarter, compared to the consensus estimate of $147.31 million. During the same period last year, the business posted $0.21 EPS. The company’s revenue was up 9.6% compared to the same quarter last year. nCino has set its FY 2026 guidance at 0.900-0.910 EPS and its Q4 2026 guidance at 0.210-0.220 EPS. As a group, equities research analysts anticipate that nCino Inc. will post 0.12 earnings per share for the current fiscal year.

nCino announced that its board has approved a share repurchase plan on Monday, December 8th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to reacquire up to 3.7% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In other nCino news, SVP Jeanette Sellers sold 2,182 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $18.26, for a total value of $39,843.32. Following the completion of the transaction, the senior vice president owned 43,219 shares of the company’s stock, valued at approximately $789,178.94. The trade was a 4.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Pierre Naude sold 24,273 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total transaction of $453,419.64. Following the sale, the director directly owned 1,166,823 shares in the company, valued at approximately $21,796,253.64. The trade was a 2.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 78,641 shares of company stock worth $1,559,400 in the last three months. 5.70% of the stock is currently owned by company insiders.

Key nCino News

Here are the key news stories impacting nCino this week:

• Positive Sentiment: nCino reported a quarterly beat (Dec 3) — revenue of $152.2M and EPS of $0.31, topping estimates; management gave FY‑2026 and Q4‑2026 EPS guidance (0.900–0.910 FY; 0.210–0.220 Q4). This supports a constructive medium‑term view for revenue growth and profitability progress. MarketBeat NCNO Summary
• Positive Sentiment: The board authorized a $100M share repurchase program (up to ~3.7% of shares), which is typically supportive of the share price and signals management believes shares are undervalued. Buyback Mention
• Neutral Sentiment: Analyst coverage is mixed but tilted positive on balance — the consensus is a “Moderate Buy” with an average target near $33.27, creating upside vs. current levels but wide dispersion among firms. Analyst Coverage
• Neutral Sentiment: Institutional ownership is very high (~95%), which can amplify moves when large holders trade but also reduces free‑float liquidity; this is a structural factor rather than an immediate catalyst. Ownership Data
• Negative Sentiment: Significant insider selling on Feb 3–4: CEO Sean Desmond, CFO Gregory Orenstein, Director Pierre Naude and other senior insiders sold blocks at ~ $18.26–$18.68 (aggregate proceeds >$1M+). Multiple Form 4 filings were submitted to the SEC; clustered insider sales like this often trigger short‑term selling pressure and investor concern about near‑term outlook. Insider Selling Alert
• Negative Sentiment: Coverage in media noting “shares face pressure amid insider selling” amplifies the negative signal and may prompt momentum traders to reduce exposure until selling subsides. Media Note

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.