nCino Inc. (NASDAQ:NCNO – Get Free Report) SVP Jeanette Sellers sold 1,486 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $18.02, for a total transaction of $26,777.72. Following the completion of the transaction, the senior vice president owned 54,571 shares of the company’s stock, valued at $983,369.42. This represents a 2.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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, April 14th, Jeanette Sellers sold 1,873 shares of nCino stock. The shares were sold at an average price of $17.55, for a total transaction of $32,871.15.
- On Thursday, April 2nd, Jeanette Sellers sold 735 shares of nCino stock. The shares were sold at an average price of $16.75, for a total transaction of $12,311.25.
- On Wednesday, February 4th, Jeanette Sellers sold 2,182 shares of nCino stock. The stock was sold at an average price of $18.26, for a total transaction of $39,843.32.
nCino Trading Down 2.9%
NASDAQ NCNO opened at $17.44 on Thursday. nCino Inc. has a 52 week low of $13.80 and a 52 week high of $33.92. The company has a 50 day moving average price of $16.55 and a 200 day moving average price of $21.17. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.25. The firm has a market cap of $1.90 billion, a PE ratio of 348.80 and a beta of 0.72.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on the company. Wall Street Zen raised nCino from a “hold” rating to a “buy” rating in a research report on Saturday, April 4th. Stephens lowered their price target on nCino from $34.00 to $26.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Robert W. Baird dropped their price target on nCino from $34.00 to $24.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 31st. Weiss Ratings restated a “sell (d-)” rating on shares of nCino in a report on Thursday, January 22nd. Finally, Needham & Company LLC decreased their price objective on shares of nCino from $38.00 to $25.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.07.
View Our Latest Stock Analysis on nCino
Institutional Investors Weigh In On nCino
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ranger Investment Management L.P. lifted its stake in shares of nCino by 48.2% in the 3rd quarter. Ranger Investment Management L.P. now owns 1,157,751 shares of the company’s stock valued at $31,387,000 after purchasing an additional 376,506 shares during the period. Vanguard Group Inc. grew its position in nCino by 1.7% during the third quarter. Vanguard Group Inc. now owns 11,924,703 shares of the company’s stock valued at $323,279,000 after buying an additional 201,499 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in nCino during the third quarter valued at $1,397,000. Cramer Rosenthal Mcglynn LLC increased its holdings in nCino by 19.8% in the third quarter. Cramer Rosenthal Mcglynn LLC now owns 375,310 shares of the company’s stock valued at $10,175,000 after buying an additional 62,142 shares in the last quarter. Finally, Shannon River Fund Management LLC increased its holdings in nCino by 27.4% in the third quarter. Shannon River Fund Management LLC now owns 1,578,896 shares of the company’s stock valued at $42,804,000 after buying an additional 339,863 shares in the last quarter. 94.76% of the stock is owned by institutional investors and hedge funds.
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.
Further Reading
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