nCino (NASDAQ:NCNO) Insider Sells $96,262.25 in Stock

nCino Inc. (NASDAQ:NCNO) insider April Rieger sold 5,747 shares of the stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $16.75, for a total value of $96,262.25. Following the completion of the transaction, the insider directly owned 215,949 shares in the company, valued at $3,617,145.75. This trade represents a 2.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

April Rieger also recently made the following trade(s):

• On Tuesday, February 3rd, April Rieger sold 8,078 shares of nCino stock. The stock was sold at an average price of $18.68, for a total value of $150,897.04.

nCino Stock Performance

Shares of NASDAQ:NCNO remained flat at $17.10 on Friday. The stock had a trading volume of 4,594,671 shares, compared to its average volume of 2,776,052. The stock’s fifty day moving average is $17.05 and its 200-day moving average is $22.72. The stock has a market capitalization of $1.96 billion, a P/E ratio of 342.00, a PEG ratio of 3.25 and a beta of 0.61. nCino Inc. has a twelve month low of $13.80 and a twelve month high of $33.92. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.00 and a quick ratio of 1.01.

nCino (NASDAQ:NCNO) last issued its earnings results on Tuesday, March 31st. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.16. The business had revenue of $149.67 million for the quarter, compared to analyst estimates of $147.41 million. nCino had a return on equity of 4.75% and a net margin of 0.87%.The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the company earned $0.12 EPS. On average, analysts anticipate that nCino Inc. will post 0.12 EPS for the current fiscal year.

nCino announced that its board has authorized a share repurchase program on Monday, December 8th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 3.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Hedge Funds Weigh In On nCino

A number of hedge funds have recently modified their holdings of NCNO. Bank of America Corp DE raised its position in nCino by 475.1% in the 3rd quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock valued at $68,146,000 after purchasing an additional 2,076,579 shares during the last quarter. Millennium Management LLC grew its position in nCino by 262.8% during the 4th quarter. Millennium Management LLC now owns 2,341,532 shares of the company’s stock worth $60,037,000 after purchasing an additional 1,696,051 shares during the last quarter. Senvest Management LLC grew its position in nCino by 68.6% during the 4th quarter. Senvest Management LLC now owns 4,078,276 shares of the company’s stock worth $104,567,000 after purchasing an additional 1,658,868 shares during the last quarter. Wellington Management Group LLP acquired a new position in nCino in the third quarter valued at $36,962,000. Finally, Ophir Asset Management Pty Ltd acquired a new position in nCino in the fourth quarter valued at $33,985,000. 94.76% of the stock is currently owned by hedge funds and other institutional investors.

nCino News Summary

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Earnings beat and upbeat growth outlook: nCino reported stronger?than?expected Q4 results and an improved FY27 growth outlook, which drove a post?earnings gap up and multi?day rally as investors priced in faster adoption. Read More.
• Positive Sentiment: Analyst upgrades: Several bullish moves include Piper Sandler raising nCino to “Overweight”, Barclays forecasting strong price appreciation, and Zacks upgrading the stock to “Strong?Buy” — these lift buy?side interest and support near?term demand. Read More. Read More. Read More.
• Positive Sentiment: Consensus upside in street price targets: The average of analyst price targets implies a material upside (~75% per one note), signaling that some investors still see significant recovery potential if growth and AI monetization accelerate. Read More.
• Neutral Sentiment: Business outlook detail — AI and pricing power highlighted: A deep?dive piece points to AI adoption and platform pricing as primary drivers of upside and notes a leadership change; these factors are positive but require execution to move the valuation materially. Read More.
• Negative Sentiment: Multiple cautious/pessimistic analyst notes: Several firms (Citizens JMP, Truist, Goldman Sachs, Needham, Stephens, Keefe Bruyette & Woods, Robert W. Baird) issued lowered expectations or pessimistic forecasts — adding selling pressure and capping near?term upside despite the beat. Read More. Read More. Read More. Read More. Read More. Read More. Read More.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on NCNO shares. The Goldman Sachs Group dropped their target price on shares of nCino from $28.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday. Keefe, Bruyette & Woods reduced their price target on shares of nCino from $36.00 to $24.00 and set an “outperform” rating for the company in a research report on Wednesday. Barclays upped their price objective on shares of nCino from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Wednesday. JPMorgan Chase & Co. cut their target price on nCino from $30.00 to $16.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Finally, Citizens Jmp reduced their target price on nCino from $41.00 to $32.00 and set a “market outperform” rating for the company in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, nCino has a consensus rating of “Moderate Buy” and an average price target of $26.07.

nCino Company 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.