nCino (NASDAQ:NCNO) Insider April Rieger Sells 4,731 Shares

nCino Inc. (NASDAQ:NCNO) insider April Rieger sold 4,731 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total transaction of $122,107.11. Following the transaction, the insider owned 229,774 shares in the company, valued at approximately $5,930,466.94. The trade was a 2.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

nCino Stock Up 1.2%

Shares of NASDAQ NCNO opened at $25.49 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 1.03. The company has a 50-day moving average price of $27.64 and a 200-day moving average price of $27.23. The stock has a market capitalization of $2.95 billion, a P/E ratio of -87.90, a P/E/G ratio of 15.87 and a beta of 0.62. nCino Inc. has a 1 year low of $18.75 and a 1 year high of $43.20.

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

Institutional Trading of nCino

Hedge funds and other institutional investors have recently made changes to their positions in the stock. TD Asset Management Inc increased its position in shares of nCino by 0.5% during the second quarter. TD Asset Management Inc now owns 69,820 shares of the company’s stock valued at $1,953,000 after buying an additional 340 shares during the period. Wallace Advisory Group LLC boosted its position in shares of nCino by 5.2% in the second quarter. Wallace Advisory Group LLC now owns 8,977 shares of the company’s stock valued at $247,000 after acquiring an additional 444 shares during the period. Advisors Asset Management Inc. grew its stake in nCino by 68.5% during the second quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock valued at $32,000 after acquiring an additional 458 shares in the last quarter. Advisors Capital Management LLC increased its holdings in nCino by 0.7% during the 1st quarter. Advisors Capital Management LLC now owns 66,270 shares of the company’s stock worth $1,820,000 after acquiring an additional 479 shares during the period. Finally, Covestor Ltd lifted its stake in nCino by 27.6% in the 1st quarter. Covestor Ltd now owns 2,388 shares of the company’s stock worth $66,000 after purchasing an additional 517 shares in the last quarter. 94.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

NCNO has been the topic of several recent analyst reports. Piper Sandler raised their price objective on nCino from $28.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 27th. Needham & Company LLC raised their price target on shares of nCino from $33.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, August 27th. JMP Securities lifted their target price on shares of nCino from $35.00 to $41.00 and gave the stock a “market outperform” rating in a research report on Wednesday, August 27th. Baird R W upgraded nCino from a “hold” rating to a “strong-buy” rating in a report on Monday, July 14th. Finally, Bank of America lifted their target price on nCino from $34.00 to $38.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, nCino presently has a consensus rating of “Moderate Buy” and a consensus 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.