nCino (NASDAQ:NCNO) SVP Jeanette Sellers Sells 1,507 Shares

nCino Inc. (NASDAQ:NCNO) SVP Jeanette Sellers sold 1,507 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $24.49, for a total transaction of $36,906.43. Following the completion of the sale, the senior vice president owned 46,731 shares in the company, valued at $1,144,442.19. This represents a 3.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Jeanette Sellers also recently made the following trade(s):

• On Tuesday, November 4th, Jeanette Sellers sold 640 shares of nCino stock. The shares were sold at an average price of $25.81, for a total transaction of $16,518.40.

nCino Stock Performance

Shares of NCNO opened at $25.68 on Friday. nCino Inc. has a 12-month low of $18.75 and a 12-month high of $35.92. The stock has a market cap of $2.94 billion, a P/E ratio of -142.67, a PEG ratio of 7.23 and a beta of 0.53. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average of $25.23 and a two-hundred day moving average of $27.36.

nCino (NASDAQ:NCNO) last released its quarterly earnings results on Wednesday, December 3rd. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.20 by $0.11. nCino had a negative net margin of 3.71% and a positive return on equity of 2.28%. The business had revenue of $152.16 million for the quarter, compared to analyst estimates of $147.31 million. During the same period in the prior year, the business earned $0.21 earnings per share. The company’s quarterly 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. As a group, research analysts predict that nCino Inc. will post 0.12 EPS for the current fiscal year.

nCino announced that its Board of Directors has approved a share repurchase plan 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 plans are generally an indication that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Morgan Stanley upped their price objective on nCino from $33.00 to $35.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 27th. UBS Group restated a “buy” rating and issued a $36.00 target price on shares of nCino in a report on Tuesday, December 9th. William Blair upgraded shares of nCino from a “market perform” rating to an “outperform” rating in a report on Friday, October 10th. Stephens raised shares of nCino from a “hold” rating to an “overweight” rating in a research report on Monday, October 27th. Finally, Robert W. Baird raised their target price on shares of nCino from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 27th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $33.47.

Institutional Investors Weigh In On nCino

A number of institutional investors have recently bought and sold shares of NCNO. Nuveen LLC purchased a new position in nCino during the first quarter worth approximately $7,790,000. Russell Investments Group Ltd. raised its position in shares of nCino by 71.4% in the 1st quarter. Russell Investments Group Ltd. now owns 180,609 shares of the company’s stock worth $4,961,000 after buying an additional 75,245 shares during the period. American Century Companies Inc. raised its position in shares of nCino by 0.9% in the 1st quarter. American Century Companies Inc. now owns 1,008,779 shares of the company’s stock worth $27,711,000 after buying an additional 9,018 shares during the period. Versor Investments LP acquired a new position in nCino in the first quarter valued at $359,000. Finally, Northern Trust Corp grew its position in nCino by 4.9% during the first quarter. Northern Trust Corp now owns 643,056 shares of the company’s stock valued at $17,665,000 after acquiring an additional 30,154 shares during the period. 94.76% of the stock is currently owned by hedge funds and other institutional investors.

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.