nCino (NASDAQ:NCNO) SVP Jeanette Sellers Sells 640 Shares

nCino Inc. (NASDAQ:NCNO) SVP Jeanette Sellers sold 640 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $25.81, for a total transaction of $16,518.40. Following the completion of the sale, the senior vice president directly owned 48,238 shares of the company’s stock, valued at $1,245,022.78. The trade was a 1.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Friday, September 5th, Jeanette Sellers sold 529 shares of nCino stock. The stock was sold at an average price of $30.74, for a total transaction of $16,261.46.

nCino Trading Up 1.5%

NASDAQ NCNO traded up $0.37 during trading hours on Friday, hitting $25.86. 45,562 shares of the company’s stock were exchanged, compared to its average volume of 1,824,139. nCino Inc. has a 12-month low of $18.75 and a 12-month high of $43.20. The firm has a market capitalization of $3.00 billion, a P/E ratio of -88.93, a price-to-earnings-growth ratio of 15.87 and a beta of 0.62. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.03 and a current ratio of 1.03. The business’s 50 day moving average is $27.64 and its 200-day moving average is $27.23.

nCino (NASDAQ:NCNO) last posted its earnings results 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 during the quarter, compared to analyst estimates of $143.17 million. During the same quarter last year, the firm earned $0.14 earnings per share. The company’s revenue for the quarter 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. As a group, analysts anticipate that nCino Inc. will post 0.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on NCNO shares. Needham & Company LLC increased their target price on nCino from $33.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, August 27th. JMP Securities raised their price target on nCino from $35.00 to $41.00 and gave the company a “market outperform” rating in a research report on Wednesday, August 27th. Raymond James Financial upgraded nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 price objective on the stock in a research report on Monday, October 20th. Citigroup reiterated an “outperform” rating on shares of nCino in a research report on Wednesday, August 27th. Finally, Piper Sandler upped their price objective on nCino from $28.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $33.94.

Hedge Funds Weigh In On nCino

A number of hedge funds and other institutional investors have recently modified their holdings of NCNO. Long Path Partners LP grew its holdings in shares of nCino by 61.1% during the 2nd quarter. Long Path Partners LP now owns 4,787,869 shares of the company’s stock valued at $133,917,000 after acquiring an additional 1,815,868 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in 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 worth $133,710,000 after buying an additional 1,626,446 shares during the period. Spyglass Capital Management LLC bought a new position in nCino during the second quarter worth $44,190,000. Owls Nest Partners IA LLC bought a new position in shares of nCino during the 2nd quarter worth about $33,442,000. Finally, Hood River Capital Management LLC acquired a new position in nCino in the 2nd quarter valued at approximately $28,183,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

nCino Company Profile

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.