nCino (NASDAQ:NCNO) Hits New 52-Week Low – Time to Sell?

nCino Inc. (NASDAQ:NCNO)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $17.51 and last traded at $17.6090, with a volume of 225283 shares trading hands. The stock had previously closed at $18.63.

Analyst Ratings Changes

NCNO has been the topic of several recent analyst reports. Raymond James Financial upgraded nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 price target on the stock in a report on Monday, October 20th. Barclays reduced their target price on nCino from $37.00 to $34.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of nCino in a research note on Thursday, January 22nd. Needham & Company LLC restated a “buy” rating and issued a $38.00 price target on shares of nCino in a report on Thursday, December 4th. Finally, Stephens upgraded shares of nCino from a “hold” rating to an “overweight” rating in a report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $33.27.

nCino Trading Down 6.9%

The company has a market capitalization of $1.99 billion, a PE ratio of -96.61, a price-to-earnings-growth ratio of 3.61 and a beta of 0.55. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.01 and a quick ratio of 1.01. The company’s fifty day moving average is $23.93 and its 200-day moving average is $26.10.

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

nCino announced that its board has approved a stock buyback plan on Monday, December 8th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to purchase up to 3.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is undervalued.

Insider Transactions at nCino

In related news, CFO Gregory Orenstein sold 10,562 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total transaction of $197,298.16. Following the completion of the transaction, the chief financial officer owned 451,184 shares in the company, valued at $8,428,117.12. The trade was a 2.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sean Desmond sold 16,047 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total transaction of $299,757.96. Following the completion of the sale, the chief executive officer owned 602,550 shares of the company’s stock, valued at approximately $11,255,634. This trade represents a 2.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 78,641 shares of company stock worth $1,559,400. 5.70% of the stock is owned by corporate insiders.

Institutional Trading of nCino

A number of institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC grew its holdings in shares of nCino by 186.4% during the third quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock valued at $26,000 after buying an additional 617 shares during the last quarter. CWM LLC lifted 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 period. Advisors Asset Management Inc. grew its stake in nCino by 68.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock valued at $32,000 after purchasing an additional 458 shares during the last quarter. AlphaQuest LLC increased its holdings in shares of nCino by 5,022.2% in the third quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock valued at $37,000 after purchasing an additional 1,356 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new position in shares of nCino in the fourth quarter worth about $38,000. 94.76% of the stock is currently 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.