Campbell & CO Investment Adviser LLC Takes Position in nCino Inc. $NCNO

Campbell & CO Investment Adviser LLC purchased a new stake in nCino Inc. (NASDAQ:NCNO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 51,528 shares of the company’s stock, valued at approximately $1,397,000.

Other hedge funds have also recently bought and sold shares of the company. Lecap Asset Management Ltd. acquired a new stake in shares of nCino in the 3rd quarter valued at $826,000. SG Americas Securities LLC bought a new position in nCino during the 3rd quarter valued at about $515,000. Chicago Capital LLC acquired a new position in nCino in the third quarter valued at about $242,000. Farther Finance Advisors LLC grew its stake 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 buying an additional 617 shares during the last quarter. Finally, Neuberger Berman Group LLC increased its holdings in shares of nCino by 29.9% during the second quarter. Neuberger Berman Group LLC now owns 94,653 shares of the company’s stock worth $2,647,000 after buying an additional 21,780 shares in the last quarter. 94.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Pierre Naude sold 4,881 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total value of $125,978.61. Following the completion of the sale, the director owned 1,187,580 shares in the company, valued at approximately $30,651,439.80. This represents a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider April Rieger sold 4,731 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total value of $122,107.11. Following the transaction, the insider owned 229,774 shares in the company, valued at approximately $5,930,466.94. This trade represents a 2.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 40,780 shares of company stock worth $1,028,550. Corporate insiders own 5.70% of the company’s stock.

nCino Trading Down 0.2%

Shares of NCNO opened at $24.25 on Friday. The stock’s fifty day simple moving average is $25.12 and its 200-day simple moving average is $27.12. The firm has a market capitalization of $2.78 billion, a PE ratio of -134.72, a price-to-earnings-growth ratio of 6.37 and a beta of 0.55. nCino Inc. has a 12-month low of $18.75 and a 12-month high of $35.04. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.24.

nCino (NASDAQ:NCNO) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.11. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.The firm had revenue of $152.16 million during the quarter, compared to analysts’ expectations of $147.31 million. During the same period in the previous year, the business posted $0.21 EPS. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. 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 earnings per share for the current year.

nCino announced that its Board of Directors has approved a stock buyback plan on Monday, December 8th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to reacquire up to 3.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Keefe, Bruyette & Woods boosted their target price on nCino from $34.50 to $36.00 and gave the stock an “outperform” rating in a report on Thursday, December 4th. Truist Financial cut their price objective on nCino from $32.00 to $27.00 and set a “hold” rating for the company in a research report on Thursday, December 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of nCino in a research note on Wednesday, October 8th. Needham & Company LLC restated a “buy” rating and issued a $38.00 target price on shares of nCino in a research note on Thursday, December 4th. Finally, William Blair raised nCino from a “market perform” rating to an “outperform” rating in a report on Friday, October 10th. Three equities research 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 assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.27.

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.