nCino (NASDAQ:NCNO) SVP Sells $36,906.43 in Stock

nCino Inc. (NASDAQ:NCNO) SVP Jeanette Sellers sold 1,507 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $24.49, for a total transaction of $36,906.43. Following the transaction, the senior vice president directly owned 46,731 shares of the company’s stock, valued at approximately $1,144,442.19. This represents a 3.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Tuesday, November 4th, Jeanette Sellers sold 640 shares of nCino stock. The shares were sold at an average price of $25.81, for a total transaction of $16,518.40.

nCino Price Performance

Shares of NCNO traded up $0.39 during mid-day trading on Friday, reaching $25.68. 1,680,030 shares of the stock traded hands, compared to its average volume of 1,871,436. The company has a market cap of $2.95 billion, a price-to-earnings ratio of -142.67, a price-to-earnings-growth ratio of 7.25 and a beta of 0.53. nCino Inc. has a 1 year low of $18.75 and a 1 year high of $35.92. The firm has a fifty day moving average price of $25.21 and a 200 day moving average price of $27.37. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.24.

nCino (NASDAQ:NCNO) last posted its quarterly earnings data on Wednesday, December 3rd. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.11. The company had revenue of $152.16 million during the quarter, compared to analyst estimates of $147.31 million. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the company earned $0.21 earnings per share. nCino has set its FY 2026 guidance at 0.900-0.910 EPS and its Q4 2026 guidance at 0.210-0.220 EPS. As a group, equities research analysts predict that nCino Inc. will post 0.12 earnings per share for the current year.

nCino declared that its Board of Directors has approved a stock buyback program on Monday, December 8th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to reacquire up to 3.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

Several equities research analysts have issued reports on NCNO shares. Citigroup reiterated an “outperform” rating on shares of nCino in a research report on Wednesday, August 27th. Robert W. Baird upped their target price on shares of nCino from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 27th. Raymond James Financial raised nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 target price on the stock in a research note on Monday, October 20th. William Blair upgraded nCino from a “market perform” rating to an “outperform” rating in a research report on Friday, October 10th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $38.00 price objective on shares of nCino in a report on Thursday, December 4th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, nCino currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.47.

Institutional Investors Weigh In On nCino

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its position in nCino by 475.1% during the 3rd quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock worth $68,146,000 after acquiring an additional 2,076,579 shares during the last quarter. Long Path Partners LP boosted its stake in shares of nCino by 61.1% during the second 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 period. T. Rowe Price Investment Management Inc. grew its holdings in shares of nCino by 50.2% in the first quarter. T. Rowe Price Investment Management Inc. now owns 4,867,463 shares of the company’s stock worth $133,710,000 after purchasing an additional 1,626,446 shares during the last quarter. Spyglass Capital Management LLC purchased a new position in shares of nCino in the second quarter worth $44,190,000. Finally, Wellington Management Group LLP bought a new stake in nCino during the 3rd quarter valued at $36,962,000. Institutional investors own 94.76% of the company’s stock.

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.