Insider Selling: nCino (NASDAQ:NCNO) SVP Sells $29,998.08 in Stock

nCino Inc. (NASDAQ:NCNO) SVP Jeanette Sellers sold 1,536 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $19.53, for a total transaction of $29,998.08. Following the completion of the transaction, the senior vice president directly owned 48,453 shares of the company’s stock, valued at $946,287.09. This trade represents a 3.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Tuesday, August 4th, Jeanette Sellers sold 887 shares of nCino stock. The stock was sold at an average price of $19.22, for a total transaction of $17,048.14.

nCino Stock Up 0.9%

NASDAQ NCNO opened at $19.17 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31. The stock’s 50 day moving average is $16.76 and its two-hundred day moving average is $17.09. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 159.75 and a beta of 0.66. nCino Inc. has a 1-year low of $13.80 and a 1-year high of $33.92.

nCino News Roundup

Here are the key news stories impacting nCino this week:

• Positive Sentiment: nCino released Mortgage MCP, a capability that allows lenders to connect AI agents directly to the nCino Mortgage Suite while preserving the company’s compliance, permissions and governance framework. The product could strengthen nCino’s competitive position as banks seek to deploy AI safely and automate mortgage workflows. nCino Mortgage MCP announcement
• Positive Sentiment: Conestoga Capital Advisors’ second-quarter investor letter highlighted nCino’s durable expansion prospects amid improving sentiment toward small-cap growth stocks. Conestoga has also increased its nCino position, reinforcing the view that institutional investors see long-term potential in the company’s cloud-based banking platform. Conestoga Capital Advisors investor letter
• Neutral Sentiment: Analyst sentiment remains broadly favorable, with a consensus “Moderate Buy” rating and an average price target of $25.29. However, ratings are mixed: Needham and Keefe, Bruyette & Woods remain positive, while Goldman Sachs and JPMorgan maintain neutral views, and Zacks recently downgraded the stock to Hold.
• Negative Sentiment: Several executives and insiders sold shares, including the CEO, CFO, director Pierre Naude and other senior personnel. The transactions totaled approximately 67,000 shares and were made under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, making them less concerning than discretionary sales; nevertheless, the volume may weigh on short-term sentiment. nCino insider transactions
• Negative Sentiment: nCino’s valuation remains demanding, with a price-to-earnings ratio above 150. Recent analyst target cuts, including reductions by Goldman Sachs and Citizens JMP, could limit upside unless the company delivers stronger growth and profitability.

Analysts Set New Price Targets

Several analysts recently commented on NCNO shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $25.00 price target on shares of nCino in a research note on Thursday, May 28th. Citizens Jmp dropped their price objective on nCino from $32.00 to $23.00 and set a “market outperform” rating for the company in a research note on Monday, May 18th. Zacks Research cut nCino from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of nCino in a research note on Wednesday, June 24th. Finally, The Goldman Sachs Group lowered their target price on shares of nCino from $24.00 to $21.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $25.29.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. CWM LLC grew its position in nCino by 255.8% during the 4th quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $29,000 after acquiring an additional 821 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in nCino during the 4th quarter valued at $38,000. Farther Finance Advisors LLC raised its position in nCino by 76.2% in the 4th quarter. Farther Finance Advisors LLC now owns 1,670 shares of the company’s stock valued at $43,000 after purchasing an additional 722 shares during the last quarter. Quarry LP raised its position in nCino by 138.2% in the 3rd quarter. Quarry LP now owns 1,701 shares of the company’s stock valued at $46,000 after purchasing an additional 987 shares during the last quarter. Finally, Optiver Holding B.V. acquired a new position in nCino in the first quarter worth $32,000. 94.76% of the stock is owned by institutional investors and hedge funds.

nCino Company Profile

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.