Pierre Naude Sells 4,881 Shares of nCino (NASDAQ:NCNO) Stock

nCino Inc. (NASDAQ:NCNO) Director Pierre Naude sold 4,881 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $25.81, for a total transaction of $125,978.61. Following the completion of the sale, the director owned 1,187,580 shares of the company’s stock, valued at approximately $30,651,439.80. This represents a 0.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

nCino Stock Up 1.2%

NCNO stock traded up $0.30 during trading hours on Thursday, reaching $25.50. 954,460 shares of the stock were exchanged, compared to its average volume of 1,830,890. The firm’s 50-day moving average is $27.77 and its 200-day moving average is $27.24. The company has a market cap of $2.95 billion, a price-to-earnings ratio of -87.91, a PEG ratio of 16.00 and a beta of 0.62. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 1.03. nCino Inc. has a 12 month low of $18.75 and a 12 month high of $43.20.

nCino (NASDAQ:NCNO) last released its earnings results on Tuesday, August 26th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.08. The firm had revenue of $148.82 million during the quarter, compared to analysts’ expectations of $143.17 million. nCino had a positive return on equity of 1.18% and a negative net margin of 5.86%.The company’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.14 EPS. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. On average, equities research analysts expect that nCino Inc. will post 0.12 earnings per share for the current year.

Hedge Funds Weigh In On nCino

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Teacher Retirement System of Texas bought a new stake in shares of nCino during the first quarter worth approximately $394,000. Bank of New York Mellon Corp boosted its holdings in shares of nCino by 7.2% during the first quarter. Bank of New York Mellon Corp now owns 573,548 shares of the company’s stock worth $15,755,000 after acquiring an additional 38,573 shares during the period. Xponance Inc. boosted its holdings in shares of nCino by 7.9% during the first quarter. Xponance Inc. now owns 8,954 shares of the company’s stock worth $246,000 after acquiring an additional 656 shares during the period. Arizona State Retirement System boosted its holdings in shares of nCino by 5.1% during the first quarter. Arizona State Retirement System now owns 28,223 shares of the company’s stock worth $775,000 after acquiring an additional 1,381 shares during the period. Finally, New York State Common Retirement Fund raised its position in shares of nCino by 2.3% in the first quarter. New York State Common Retirement Fund now owns 684,356 shares of the company’s stock valued at $18,799,000 after buying an additional 15,381 shares in the last quarter. Institutional investors own 94.76% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Stephens upgraded nCino from a “hold” rating to an “overweight” rating in a report on Monday, October 27th. Weiss Ratings restated a “sell (d-)” rating on shares of nCino in a report on Wednesday, October 8th. Raymond James Financial upgraded nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 price objective for the company in a report on Monday, October 20th. UBS Group restated a “neutral” rating on shares of nCino in a report on Wednesday, August 27th. Finally, Bank of America raised their price objective on nCino from $34.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday, August 27th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.94.

nCino Company Profile

nCino, Inc, a software-as-a-service company, provides cloud-based software applications to financial institutions in the United States and internationally. Its nCino Bank Operating System connects financial institution employees, clients and third parties on a single cloud-based platform which include client onboarding, deposit account opening, loan origination, end-to-end mortgage suite, and powerful ecosystem.