nCino (NASDAQ:NCNO) Director Pierre Naude Sells 4,677 Shares

nCino Inc. (NASDAQ:NCNO) Director Pierre Naude sold 4,677 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $19.22, for a total value of $89,891.94. Following the transaction, the director directly owned 1,116,707 shares in the company, valued at $21,463,108.54. This trade represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

nCino Stock Performance

NCNO stock opened at $18.99 on Friday. The company 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 50-day simple moving average of $16.70 and a 200 day simple moving average of $17.08. nCino Inc. has a fifty-two week low of $13.80 and a fifty-two week high of $33.92. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.31.

Hedge Funds Weigh In On nCino

Several hedge funds have recently made changes to their positions in the business. Algebris UK Ltd. raised its holdings in nCino by 266.2% during the 4th quarter. Algebris UK Ltd. now owns 1,032,782 shares of the company’s stock worth $26,493,000 after buying an additional 750,744 shares during the period. Hawk Ridge Capital Management LP boosted its holdings in shares of nCino by 625.4% in the first quarter. Hawk Ridge Capital Management LP now owns 4,481,810 shares of the company’s stock worth $67,138,000 after buying an additional 3,864,010 shares during the period. Hsbc Holdings PLC acquired a new position in shares of nCino in the fourth quarter worth about $3,982,000. American Capital Management Inc. increased its position in shares of nCino by 17.1% in the first quarter. American Capital Management Inc. now owns 2,375,396 shares of the company’s stock worth $35,583,000 after acquiring an additional 347,587 shares in the last quarter. Finally, Royce & Associates LP purchased a new position in shares of nCino in the fourth quarter worth approximately $3,681,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

Trending Headlines about nCino

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Institutional ownership remains high at approximately 94.8%, and several funds have recently increased their positions. Hawk Ridge Capital Management expanded its stake by more than 625%, while Algebris UK increased its holdings by more than 266%. These purchases suggest continued institutional interest in nCino’s cloud-based banking software platform. nCino institutional activity and outlook
• Positive Sentiment: Wall Street’s consensus view remains “Moderate Buy,” with an average price target of $25.29, implying potential upside from current levels. Needham and Citigroup maintain positive ratings, while one analyst has assigned a Strong Buy rating.
• Neutral Sentiment: CEO Sean Desmond, CFO Gregory Orenstein, Director Pierre Naude, SVP Jeanette Sellers and insider April Rieger collectively sold approximately 67,222 shares worth about $1.30 million during August 4–5. Most transactions were conducted under pre-arranged Rule 10b5-1 plans and were intended to cover tax withholding tied to vested equity awards, reducing their significance as a bearish signal. SEC insider trading filings
• Negative Sentiment: The breadth of insider selling—including transactions by both the CEO and CFO—could still weigh on sentiment and create short-term supply pressure. The sales also arrive while nCino carries a high valuation, with a reported P/E ratio above 158.
• Negative Sentiment: Analyst target reductions temper the bullish outlook. Citizens JMP lowered its target to $23 from $32, and Goldman Sachs reduced its target to $21 while maintaining a Neutral rating. nCino insider trading and analyst information

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Needham & Company LLC reiterated a “buy” rating and set a $25.00 price objective on shares of nCino in a research note on Thursday, May 28th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of nCino in a research report on Wednesday, June 24th. Weiss Ratings upgraded nCino from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, May 28th. The Goldman Sachs Group lowered their price target on nCino from $24.00 to $21.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Finally, Citigroup reissued a “market outperform” rating on shares of nCino in a research note on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.29.

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.