April Rieger Sells 7,852 Shares of nCino (NASDAQ:NCNO) Stock

Posted by Francis Steltz on Aug 6th, 2026

nCino Inc. (NASDAQ:NCNO – Get Free Report) insider April Rieger sold 7,852 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $19.22, for a total transaction of $150,915.44. Following the sale, the insider directly owned 375,749 shares in the company, valued at $7,221,895.78. This trade represents a 2.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

nCino Stock Performance

NCNO stock traded down $0.24 during midday trading on Thursday, reaching $18.99. The stock had a trading volume of 1,654,296 shares, compared to its average volume of 2,978,332. The stock has a market cap of $2.08 billion, a PE ratio of 158.25 and a beta of 0.66. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a fifty day simple moving average of $16.64 and a two-hundred day simple moving average of $17.11. nCino Inc. has a 52-week low of $13.80 and a 52-week high of $33.92.

nCino News Roundup

Here are the key news stories impacting nCino this week:

Neutral Sentiment: Company insiders collectively sold approximately 67,222 shares worth about $1.30 million across August 4–5. The transactions included CEO Sean Desmond, CFO Gregory Orenstein, Director Pierre Naude, SVP Jeanette Sellers, and insider April Rieger. SEC insider trading filing
Neutral Sentiment: Most of the sales were executed under pre-arranged Rule 10b5-1 trading plans and were specifically made to cover tax-withholding obligations tied to vested equity awards. That makes the transactions less indicative of management abandoning its long-term outlook for nCino.
Negative Sentiment: The breadth of the selling—particularly by the CEO and CFO—may nevertheless weigh on investor sentiment and create near-term supply pressure. CEO Sean Desmond sold roughly 40,490 shares, while CFO Gregory Orenstein sold 11,780 shares; both retained substantial ownership stakes after the transactions. SEC CFO filing

Hedge Funds Weigh In On nCino

A number of institutional investors have recently modified their holdings of the stock. Hawk Ridge Capital Management LP raised its position in nCino by 625.4% during the first quarter. Hawk Ridge Capital Management LP now owns 4,481,810 shares of the company’s stock valued at $67,138,000 after acquiring an additional 3,864,010 shares in the last quarter. Bank of America Corp DE boosted its position in nCino by 475.1% in the 3rd quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock worth $68,146,000 after purchasing an additional 2,076,579 shares in the last quarter. Millennium Management LLC grew its stake in shares of nCino by 262.8% during the 4th quarter. Millennium Management LLC now owns 2,341,532 shares of the company’s stock worth $60,037,000 after purchasing an additional 1,696,051 shares during the period. Senvest Management LLC grew its stake in shares of nCino by 68.6% during the 4th 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 during the period. Finally, Wellington Management Group LLP purchased a new position in shares of nCino during the 3rd quarter valued at approximately $36,962,000. Hedge funds and other institutional investors own 94.76% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on NCNO. Zacks Research cut nCino from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. The Goldman Sachs Group dropped their target price on nCino from $24.00 to $21.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. JPMorgan Chase & Co. increased their price target on shares of nCino from $16.00 to $17.00 and gave the stock a “neutral” rating in a report on Monday, June 22nd. Citizens Jmp reduced their price target on shares of nCino from $32.00 to $23.00 and set a “market outperform” rating for the company in a research report on Monday, May 18th. Finally, Needham & Company LLC restated a “buy” rating and set a $25.00 price objective on shares of nCino in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $25.29.

View Our Latest Research Report on nCino

nCino Company Profile

(Get Free Report)

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.