Gregory Orenstein Sells 14,650 Shares of nCino (NASDAQ:NCNO) Stock

nCino Inc. (NASDAQ:NCNO) CFO Gregory Orenstein sold 14,650 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $18.02, for a total transaction of $263,993.00. Following the sale, the chief financial officer directly owned 702,293 shares of the company’s stock, valued at $12,655,319.86. This represents a 2.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Gregory Orenstein also recently made the following trade(s):

• On Thursday, April 2nd, Gregory Orenstein sold 8,840 shares of nCino stock. The stock was sold at an average price of $16.75, for a total transaction of $148,070.00.

nCino Stock Performance

Shares of nCino stock opened at $17.44 on Thursday. The business has a 50-day moving average price of $16.55 and a two-hundred day moving average price of $21.17. nCino Inc. has a 1-year low of $13.80 and a 1-year high of $33.92. The company has a market cap of $1.90 billion, a P/E ratio of 348.80 and a beta of 0.72. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.25.

nCino (NASDAQ:NCNO) last posted its quarterly earnings results on Tuesday, March 31st. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.16. The business had revenue of $149.67 million during the quarter, compared to analysts’ expectations of $147.41 million. nCino had a net margin of 0.87% and a return on equity of 4.75%. The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the company posted $0.12 earnings per share. As a group, analysts anticipate that nCino Inc. will post 0.52 EPS for the current year.

Hedge Funds Weigh In On nCino

Several hedge funds have recently made changes to their positions in NCNO. Angeles Wealth Management LLC lifted its holdings in nCino by 41.9% during the 1st quarter. Angeles Wealth Management LLC now owns 18,337 shares of the company’s stock worth $275,000 after purchasing an additional 5,417 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in nCino by 20.6% during the 1st quarter. Bank of New York Mellon Corp now owns 527,631 shares of the company’s stock valued at $7,904,000 after buying an additional 90,209 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in nCino by 7.2% during the 1st quarter. Bleakley Financial Group LLC now owns 30,525 shares of the company’s stock valued at $457,000 after buying an additional 2,054 shares in the last quarter. Chicago Partners Investment Group LLC bought a new stake in shares of nCino during the first quarter valued at about $219,000. Finally, Diversify Wealth Management LLC increased its position in shares of nCino by 25.0% during the first quarter. Diversify Wealth Management LLC now owns 23,101 shares of the company’s stock valued at $346,000 after buying an additional 4,621 shares during the period. 94.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on NCNO shares. Piper Sandler raised nCino from a “neutral” rating to an “overweight” rating and reduced their target price for the company from $30.00 to $22.00 in a report on Wednesday, April 1st. Keefe, Bruyette & Woods reduced their price objective on nCino from $36.00 to $24.00 and set an “outperform” rating for the company in a report on Wednesday, April 1st. Truist Financial dropped their price target on nCino from $27.00 to $19.00 and set a “hold” rating on the stock in a research report on Wednesday, April 1st. Barclays boosted their price objective on nCino from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Wednesday, April 1st. Finally, Morgan Stanley dropped their price objective on shares of nCino from $36.00 to $21.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. Two investment analysts have 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 company’s stock. According to data from MarketBeat, nCino has a consensus rating of “Moderate Buy” and an average price target of $26.07.

Trending Headlines about nCino

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Quarterly results beat consensus: nCino reported $0.37 EPS vs. $0.21 expected and revenue of $149.7M vs. $147.4M, with revenue up 5.9% year-over-year — a fundamental positive that supports longer-term recovery. Earnings report
• Positive Sentiment: Institutional buying: Several hedge funds/institutions (e.g., Millennium Management, UBS AM) increased or initiated positions in recent quarters, indicating continued institutional interest. Institutional holdings
• Neutral Sentiment: CEO Sean Desmond sold 22,073 shares at ~$18.02 to cover tax-withholding tied to vested awards; his remaining stake remains large. SEC Filing
• Neutral Sentiment: Director Pierre Naude sold 35,650 shares at ~$18.02 to cover taxes on vesting awards. SEC Filing
• Neutral Sentiment: CFO Gregory Orenstein sold 14,650 shares at ~$18.02 for tax-withholding on equity vesting. SEC Filing
• Neutral Sentiment: Other insiders (SVP Jeanette Sellers, insider April Rieger) reported smaller sales at similar prices, also disclosed as tax-withholding sales. SEC Filing (Sellers)
• Negative Sentiment: Analyst target cuts and mixed ratings: Several brokers trimmed price targets in early April (e.g., Needham, Keefe, Piper) even when some maintained Buy/Outperform stances — that reduces near-term upside expectations. Analyst notes
• Negative Sentiment: Valuation and growth trade-off: the stock still carries a very high P/E (mid-to-high hundreds) while recent revenue growth is modest (~6% YoY) and net margins remain thin — a combination that can amplify negative reactions to insider selling and lowered targets. Company metrics

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.