Sean Desmond Sells 5,747 Shares of nCino (NASDAQ:NCNO) Stock

nCino Inc. (NASDAQ:NCNO) CEO Sean Desmond sold 5,747 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $16.75, for a total value of $96,262.25. Following the completion of the sale, the chief executive officer directly owned 596,803 shares in the company, valued at $9,996,450.25. This trade represents a 0.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Sean Desmond also recently made the following trade(s):

• On Tuesday, February 3rd, Sean Desmond sold 16,047 shares of nCino stock. The stock was sold at an average price of $18.68, for a total value of $299,757.96.
• On Monday, January 5th, Sean Desmond sold 7,331 shares of nCino stock. The shares were sold at an average price of $24.51, for a total value of $179,682.81.

nCino Price Performance

Shares of nCino stock remained flat at $17.10 during midday trading on Friday. 4,594,671 shares of the stock traded hands, compared to its average volume of 2,776,052. The company’s fifty day moving average price is $17.05 and its 200 day moving average price is $22.72. The company has a market cap of $1.96 billion, a PE ratio of 342.00, a PEG ratio of 3.25 and a beta of 0.61. The company has a current ratio of 1.00, a quick ratio of 1.01 and a debt-to-equity ratio of 0.25. nCino Inc. has a twelve month low of $13.80 and a twelve month high of $33.92.

nCino (NASDAQ:NCNO) last released its earnings results on Tuesday, March 31st. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.21 by $0.16. nCino had a net margin of 0.87% and a return on equity of 4.75%. The firm had revenue of $149.67 million during the quarter, compared to analysts’ expectations of $147.41 million. During the same period in the prior year, the company earned $0.12 EPS. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. On average, sell-side analysts expect that nCino Inc. will post 0.12 EPS for the current fiscal year.

nCino declared that its board has initiated a stock repurchase program on Monday, December 8th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 3.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. 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. Millennium Management LLC raised its position in nCino by 262.8% in the 4th quarter. Millennium Management LLC now owns 2,341,532 shares of the company’s stock valued at $60,037,000 after purchasing an additional 1,696,051 shares during the last quarter. Senvest Management LLC boosted its stake in nCino by 68.6% in the fourth quarter. Senvest Management LLC now owns 4,078,276 shares of the company’s stock worth $104,567,000 after purchasing an additional 1,658,868 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of nCino during the third quarter worth $36,962,000. Finally, Ophir Asset Management Pty Ltd bought a new stake in shares of nCino during the fourth quarter worth $33,985,000. 94.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NCNO has been the topic of a number of recent research reports. JPMorgan Chase & Co. decreased their target price on nCino from $30.00 to $16.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of nCino in a research report on Thursday, January 22nd. Keefe, Bruyette & Woods decreased their price objective on nCino from $36.00 to $24.00 and set an “outperform” rating on the stock in a report on Wednesday. Robert W. Baird lowered their price objective on nCino from $34.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, Morgan Stanley cut their target price on nCino from $36.00 to $21.00 and set an “overweight” rating for the company in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, nCino currently has an average rating of “Moderate Buy” and an average target price of $26.07.

More nCino News

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Earnings beat and upbeat growth outlook: nCino reported stronger‑than‑expected Q4 results and an improved FY27 growth outlook, which drove a post‑earnings gap up and multi‑day rally as investors priced in faster adoption. Read More.
• Positive Sentiment: Analyst upgrades: Several bullish moves include Piper Sandler raising nCino to “Overweight”, Barclays forecasting strong price appreciation, and Zacks upgrading the stock to “Strong‑Buy” — these lift buy‑side interest and support near‑term demand. Read More. Read More. Read More.
• Positive Sentiment: Consensus upside in street price targets: The average of analyst price targets implies a material upside (~75% per one note), signaling that some investors still see significant recovery potential if growth and AI monetization accelerate. Read More.
• Neutral Sentiment: Business outlook detail — AI and pricing power highlighted: A deep‑dive piece points to AI adoption and platform pricing as primary drivers of upside and notes a leadership change; these factors are positive but require execution to move the valuation materially. Read More.
• Negative Sentiment: Multiple cautious/pessimistic analyst notes: Several firms (Citizens JMP, Truist, Goldman Sachs, Needham, Stephens, Keefe Bruyette & Woods, Robert W. Baird) issued lowered expectations or pessimistic forecasts — adding selling pressure and capping near‑term upside despite the beat. Read More. Read More. Read More. Read More. Read More. Read More. Read More.

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.