Gregory Orenstein Sells 4,353 Shares of nCino (NASDAQ:NCNO) Stock

nCino Inc. (NASDAQ:NCNO) CFO Gregory Orenstein sold 4,353 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $25.81, for a total value of $112,350.93. Following the transaction, the chief financial officer owned 461,746 shares in the company, valued at approximately $11,917,664.26. This trade represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

nCino Stock Up 1.2%

NASDAQ:NCNO traded up $0.30 during trading hours on Thursday, hitting $25.50. 954,460 shares of the company traded hands, compared to its average volume of 1,830,890. The company has a market cap of $2.95 billion, a PE ratio of -87.91, a PEG ratio of 16.00 and a beta of 0.62. nCino Inc. has a one year low of $18.75 and a one year high of $43.20. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.24. The firm’s 50-day simple moving average is $27.77 and its 200-day simple moving average is $27.24.

nCino (NASDAQ:NCNO) last announced its quarterly earnings data on Tuesday, August 26th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. nCino had a positive return on equity of 1.18% and a negative net margin of 5.86%.The business had revenue of $148.82 million for the quarter, compared to analysts’ expectations of $143.17 million. During the same period in the previous year, the business posted $0.14 EPS. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. Equities analysts predict that nCino Inc. will post 0.12 earnings per share for the current year.

Institutional Investors Weigh In On nCino

Several hedge funds and other institutional investors have recently made changes to their positions in NCNO. Vanguard Group Inc. boosted its position in shares of nCino by 7.7% during the 1st quarter. Vanguard Group Inc. now owns 11,666,955 shares of the company’s stock worth $320,491,000 after acquiring an additional 836,182 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of nCino by 50.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,867,463 shares of the company’s stock valued at $133,710,000 after purchasing an additional 1,626,446 shares during the last quarter. Long Path Partners LP lifted its holdings 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 valued at $133,917,000 after purchasing an additional 1,815,868 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of nCino by 3.6% in the 1st quarter. Invesco Ltd. now owns 2,697,437 shares of the company’s stock valued at $74,099,000 after purchasing an additional 94,940 shares during the last quarter. Finally, Conestoga Capital Advisors LLC lifted its holdings in shares of nCino by 24.0% in the 2nd quarter. Conestoga Capital Advisors LLC now owns 2,669,920 shares of the company’s stock valued at $74,678,000 after purchasing an additional 516,635 shares during the last quarter. Institutional investors and hedge funds own 94.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on NCNO. Barclays upped their price target on nCino from $31.00 to $37.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. JMP Securities lifted their target price on nCino from $35.00 to $41.00 and gave the company a “market outperform” rating in a research note on Wednesday, August 27th. Piper Sandler lifted their target price on nCino from $28.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 27th. Baird R W raised nCino from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 14th. Finally, Raymond James Financial raised nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 price objective on the stock in a research note on Monday, October 20th. Three analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $33.94.

About nCino

nCino, Inc, a software-as-a-service company, provides cloud-based software applications to financial institutions in the United States and internationally. Its nCino Bank Operating System connects financial institution employees, clients and third parties on a single cloud-based platform which include client onboarding, deposit account opening, loan origination, end-to-end mortgage suite, and powerful ecosystem.