Sean Desmond Sells 10,006 Shares of nCino (NASDAQ:NCNO) Stock

nCino Inc. (NASDAQ:NCNO) CEO Sean Desmond sold 10,006 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total transaction of $258,254.86. Following the sale, the chief executive officer directly owned 618,597 shares in the company, valued at approximately $15,965,988.57. This represents a 1.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

nCino Price Performance

NCNO stock traded up $0.29 during trading on Thursday, reaching $25.49. 1,248,051 shares of the company were exchanged, compared to its average volume of 1,832,683. The company has a market cap of $2.95 billion, a P/E ratio of -87.90, a PEG ratio of 16.00 and a beta of 0.62. nCino Inc. has a 52-week low of $18.75 and a 52-week high of $43.20. The stock’s 50 day moving average price is $27.77 and its 200 day moving average price is $27.24. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.03 and a current ratio of 1.03.

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

Hedge Funds Weigh In On nCino

Institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC increased its position in nCino by 186.4% during the third quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock worth $26,000 after purchasing an additional 617 shares during the last quarter. Advisors Asset Management Inc. increased its position in nCino by 68.5% during the second quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock worth $32,000 after purchasing an additional 458 shares during the last quarter. AlphaQuest LLC increased its position in nCino by 5,022.2% during the third quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock worth $37,000 after purchasing an additional 1,356 shares during the last quarter. Hilltop National Bank acquired a new stake in shares of nCino in the second quarter worth $42,000. Finally, Covestor Ltd increased its position in shares of nCino by 27.6% in the first quarter. Covestor Ltd now owns 2,388 shares of the company’s stock worth $66,000 after acquiring an additional 517 shares in the last quarter. Institutional investors and hedge funds own 94.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Zacks Research raised shares of nCino from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. UBS Group reissued a “neutral” rating on shares of nCino in a research report on Wednesday, August 27th. Robert W. Baird boosted their price objective on shares of nCino from $38.00 to $40.00 and gave the company an “outperform” rating in a research report on Wednesday, August 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of nCino in a research report on Wednesday, October 8th. Finally, Morgan Stanley boosted their price objective on shares of nCino from $33.00 to $35.00 and gave the company an “equal weight” rating in a research 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 assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, nCino presently has an average rating of “Moderate Buy” and an average 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.