Insider Selling: nCino (NASDAQ:NCNO) SVP Sells $17,048.14 in Stock

nCino Inc. (NASDAQ:NCNO) SVP Jeanette Sellers sold 887 shares of nCino stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $19.22, for a total value of $17,048.14. Following the sale, the senior vice president directly owned 49,989 shares of the company’s stock, valued at $960,788.58. This trade represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jeanette Sellers also recently made the following trade(s):

• On Wednesday, August 5th, Jeanette Sellers sold 1,536 shares of nCino stock. The stock was sold at an average price of $19.53, for a total value of $29,998.08.

nCino Trading Up 0.9%

NCNO opened at $19.17 on Friday. nCino Inc. has a one year low of $13.80 and a one year high of $33.92. The company has a market cap of $2.10 billion, a P/E ratio of 159.75 and a beta of 0.66. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 0.89. The business’s 50-day simple moving average is $16.76 and its 200-day simple moving average is $17.09.

Trending Headlines about nCino

Here are the key news stories impacting nCino this week:

• Positive Sentiment: nCino released Mortgage MCP, a capability that allows lenders to connect AI agents directly to the nCino Mortgage Suite while preserving the company’s compliance, permissions and governance framework. The product could strengthen nCino’s competitive position as banks seek to deploy AI safely and automate mortgage workflows. nCino Mortgage MCP announcement
• Positive Sentiment: Conestoga Capital Advisors’ second-quarter investor letter highlighted nCino’s durable expansion prospects amid improving sentiment toward small-cap growth stocks. Conestoga has also increased its nCino position, reinforcing the view that institutional investors see long-term potential in the company’s cloud-based banking platform. Conestoga Capital Advisors investor letter
• Neutral Sentiment: Analyst sentiment remains broadly favorable, with a consensus “Moderate Buy” rating and an average price target of $25.29. However, ratings are mixed: Needham and Keefe, Bruyette & Woods remain positive, while Goldman Sachs and JPMorgan maintain neutral views, and Zacks recently downgraded the stock to Hold.
• Negative Sentiment: Several executives and insiders sold shares, including the CEO, CFO, director Pierre Naude and other senior personnel. The transactions totaled approximately 67,000 shares and were made under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, making them less concerning than discretionary sales; nevertheless, the volume may weigh on short-term sentiment. nCino insider transactions
• Negative Sentiment: nCino’s valuation remains demanding, with a price-to-earnings ratio above 150. Recent analyst target cuts, including reductions by Goldman Sachs and Citizens JMP, could limit upside unless the company delivers stronger growth and profitability.

Analyst Ratings Changes

A number of brokerages recently issued reports on NCNO. Needham & Company LLC reaffirmed a “buy” rating and issued a $25.00 price target on shares of nCino in a report on Thursday, May 28th. Citigroup reissued a “market outperform” rating on shares of nCino in a report on Monday, June 22nd. Zacks Research downgraded shares of nCino from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of nCino in a report on Wednesday, June 24th. Finally, Weiss Ratings raised shares of nCino from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given 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 price target of $25.29.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. CWM LLC raised its holdings in shares of nCino by 255.8% in the fourth quarter. CWM LLC now owns 1,142 shares of the company’s stock valued at $29,000 after buying an additional 821 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of nCino during the fourth quarter worth about $38,000. Farther Finance Advisors LLC grew its holdings in shares of nCino by 76.2% during the fourth quarter. Farther Finance Advisors LLC now owns 1,670 shares of the company’s stock worth $43,000 after buying an additional 722 shares during the last quarter. Quarry LP increased its position in nCino by 138.2% in the 3rd quarter. Quarry LP now owns 1,701 shares of the company’s stock valued at $46,000 after acquiring an additional 987 shares during the period. Finally, Optiver Holding B.V. acquired a new position in nCino in the 1st quarter valued at about $32,000. 94.76% of the stock is currently owned by institutional investors and hedge funds.

About nCino

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.