38,710 Shares in nCino Inc. $NCNO Bought by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC bought a new stake in nCino Inc. (NASDAQ:NCNO) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 38,710 shares of the company’s stock, valued at approximately $1,049,000.

Other hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC grew its position in shares of nCino by 186.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock valued at $26,000 after purchasing an additional 617 shares during the period. Advisors Asset Management Inc. lifted its stake in nCino by 68.5% in the second quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock valued at $32,000 after buying an additional 458 shares in the last quarter. AlphaQuest LLC boosted its holdings in shares of nCino by 5,022.2% in the third quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock valued at $37,000 after buying an additional 1,356 shares during the period. Hilltop National Bank bought a new stake in shares of nCino during the second quarter worth $42,000. Finally, Asset Management One Co. Ltd. raised its holdings in shares of nCino by 15.2% during the second quarter. Asset Management One Co. Ltd. now owns 4,284 shares of the company’s stock worth $120,000 after acquiring an additional 566 shares during the period. Institutional investors and hedge funds own 94.76% of the company’s stock.

Insiders Place Their Bets

In related news, Director Pierre Naude sold 4,881 shares of nCino stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total transaction of $125,978.61. Following the completion of the transaction, the director owned 1,187,580 shares in the company, valued at approximately $30,651,439.80. This trade represents a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sean Desmond sold 7,331 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $24.51, for a total value of $179,682.81. Following the completion of the sale, the chief executive officer owned 618,597 shares in the company, valued at $15,161,812.47. This represents a 1.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 40,780 shares of company stock worth $1,028,550 in the last three months. Insiders own 5.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on NCNO. Stephens upgraded nCino from a “hold” rating to an “overweight” rating in a report on Monday, October 27th. William Blair raised nCino from a “market perform” rating to an “outperform” rating in a research report on Friday, October 10th. UBS Group reissued a “buy” rating and issued a $36.00 target price on shares of nCino in a research report on Tuesday, December 9th. BTIG Research started coverage on nCino in a research report on Tuesday, December 16th. They set a “neutral” rating for the company. Finally, Zacks Research raised shares of nCino from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $33.27.

nCino Stock Down 0.2%

NASDAQ:NCNO opened at $21.35 on Friday. nCino Inc. has a twelve month low of $18.75 and a twelve month high of $35.04. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of -118.61, a price-to-earnings-growth ratio of 5.59 and a beta of 0.55. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.24. The stock’s 50 day moving average price is $24.74 and its two-hundred day moving average price is $26.74.

nCino (NASDAQ:NCNO) last released its earnings results on Wednesday, December 3rd. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.11. The business had revenue of $152.16 million during the quarter, compared to analysts’ expectations of $147.31 million. nCino had a negative net margin of 3.71% and a positive return on equity of 2.28%. The firm’s revenue was up 9.6% on a year-over-year basis. During the same period last year, the business earned $0.21 earnings per share. nCino has set its FY 2026 guidance at 0.900-0.910 EPS and its Q4 2026 guidance at 0.210-0.220 EPS. Equities research analysts expect that nCino Inc. will post 0.12 earnings per share for the current fiscal year.

nCino declared that its board has approved a share buyback program on Monday, December 8th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the company to purchase up to 3.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

nCino Company Profile

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.