nCino (NASDAQ:NCNO) SVP Jeanette Sellers Sells 887 Shares of Stock

nCino Inc. (NASDAQ:NCNO) SVP Jeanette Sellers sold 887 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were 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 approximately $960,788.58. This trade represents a 1.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 transaction of $29,998.08.

nCino Trading Down 1.2%

NASDAQ:NCNO traded down $0.24 during midday trading on Thursday, reaching $18.99. 1,654,296 shares of the stock traded hands, compared to its average volume of 2,978,332. The stock has a market capitalization of $2.08 billion, a P/E ratio of 158.25 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 company has a fifty day moving average of $16.64 and a 200 day moving average of $17.11. nCino Inc. has a 12 month low of $13.80 and a 12 month high of $33.92.

Institutional Investors Weigh In On nCino

Several institutional investors and hedge funds have recently modified their holdings of NCNO. CWM LLC increased its position in shares of nCino by 255.8% during 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 period. Optiver Holding B.V. bought a new stake in shares of nCino during the first quarter valued at approximately $32,000. Los Angeles Capital Management LLC purchased a new stake in shares of nCino in the 4th quarter worth about $38,000. Versant Capital Management Inc increased its stake in shares of nCino by 664.9% in the 2nd quarter. Versant Capital Management Inc now owns 2,417 shares of the company’s stock worth $40,000 after acquiring an additional 2,101 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in nCino by 76.2% during the 4th quarter. Farther Finance Advisors LLC now owns 1,670 shares of the company’s stock valued at $43,000 after acquiring an additional 722 shares during the period. 94.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NCNO has been the subject of a number of analyst reports. JPMorgan Chase & Co. increased their target price on shares of nCino from $16.00 to $17.00 and gave the stock a “neutral” rating in a report on Monday, June 22nd. Keefe, Bruyette & Woods restated an “outperform” rating on shares of nCino in a report on Wednesday, June 24th. Citizens Jmp lowered their price target on nCino from $32.00 to $23.00 and set a “market outperform” rating for the company in a research report on Monday, May 18th. Citigroup reiterated a “market outperform” rating on shares of nCino in a report on Monday, June 22nd. Finally, Weiss Ratings upgraded nCino from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, nCino currently has a consensus rating of “Moderate Buy” and an average target price of $25.29.

Key Headlines Impacting nCino

Here are the key news stories impacting nCino this week:

• Neutral Sentiment: Company insiders collectively sold approximately 67,222 shares worth about $1.30 million across August 4–5. The transactions included CEO Sean Desmond, CFO Gregory Orenstein, Director Pierre Naude, SVP Jeanette Sellers, and insider April Rieger. SEC insider trading filing
• Neutral Sentiment: Most of the sales were executed under pre-arranged Rule 10b5-1 trading plans and were specifically made to cover tax-withholding obligations tied to vested equity awards. That makes the transactions less indicative of management abandoning its long-term outlook for nCino.
• Negative Sentiment: The breadth of the selling—particularly by the CEO and CFO—may nevertheless weigh on investor sentiment and create near-term supply pressure. CEO Sean Desmond sold roughly 40,490 shares, while CFO Gregory Orenstein sold 11,780 shares; both retained substantial ownership stakes after the transactions. SEC CFO filing

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.