nCino Inc. (NASDAQ:NCNO – Get Free Report) Director Pierre Naude sold 22,700 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $16.75, for a total value of $380,225.00. Following the completion of the transaction, the director owned 1,144,123 shares in the company, valued at $19,164,060.25. This represents a 1.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Pierre Naude also recently made the following trade(s):
- On Tuesday, February 3rd, Pierre Naude sold 24,273 shares of nCino stock. The shares were sold at an average price of $18.68, for a total value of $453,419.64.
nCino Price Performance
Shares of NASDAQ NCNO opened at $17.10 on Friday. nCino Inc. has a 12 month low of $13.80 and a 12 month high of $33.92. The company has a current ratio of 1.00, a quick ratio of 1.01 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 342.00, a PEG ratio of 3.35 and a beta of 0.61. The business has a 50-day moving average of $16.90 and a 200-day moving average of $22.58.
nCino declared that its Board of Directors has approved a share buyback program on Monday, December 8th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 3.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on NCNO shares. BTIG Research initiated coverage on shares of nCino in a research report on Tuesday, December 16th. They issued a “neutral” rating for the company. Needham & Company LLC lowered their price target on nCino from $38.00 to $25.00 and set a “buy” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. dropped their price target on nCino from $30.00 to $16.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Zacks Research upgraded nCino from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Finally, Robert W. Baird reduced their price objective on nCino from $34.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, nCino presently has an average rating of “Moderate Buy” and an average price target of $26.07.
Check Out Our Latest Report on NCNO
Hedge Funds Weigh In On nCino
Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in nCino by 1.7% during the third quarter. Vanguard Group Inc. now owns 11,924,703 shares of the company’s stock valued at $323,279,000 after buying an additional 201,499 shares during the period. Senvest Management LLC grew its stake in shares of nCino by 68.6% during the fourth quarter. Senvest Management LLC now owns 4,078,276 shares of the company’s stock valued at $104,567,000 after buying an additional 1,658,868 shares during the last quarter. Spyglass Capital Management LLC increased its holdings in shares of nCino by 35.4% in the fourth quarter. Spyglass Capital Management LLC now owns 2,909,880 shares of the company’s stock worth $74,609,000 after buying an additional 760,790 shares during the period. Conestoga Capital Advisors LLC increased its holdings in shares of nCino by 25.7% in the fourth quarter. Conestoga Capital Advisors LLC now owns 2,861,024 shares of the company’s stock worth $73,357,000 after buying an additional 585,786 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of nCino by 475.1% in the 3rd quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock valued at $68,146,000 after acquiring an additional 2,076,579 shares during the last quarter. Hedge funds and other institutional investors own 94.76% of the company’s stock.
nCino News Roundup
Here are the key news stories impacting nCino this week:
- Positive Sentiment: Earnings beat and upbeat growth outlook: nCino reported stronger‑than‑expected Q4 results and an improved FY27 growth outlook, which drove a post‑earnings gap up and multi‑day rally as investors priced in faster adoption. Read More.
- Positive Sentiment: Analyst upgrades: Several bullish moves include Piper Sandler raising nCino to “Overweight”, Barclays forecasting strong price appreciation, and Zacks upgrading the stock to “Strong‑Buy” — these lift buy‑side interest and support near‑term demand. Read More. Read More. Read More.
- Positive Sentiment: Consensus upside in street price targets: The average of analyst price targets implies a material upside (~75% per one note), signaling that some investors still see significant recovery potential if growth and AI monetization accelerate. Read More.
- Neutral Sentiment: Business outlook detail — AI and pricing power highlighted: A deep‑dive piece points to AI adoption and platform pricing as primary drivers of upside and notes a leadership change; these factors are positive but require execution to move the valuation materially. Read More.
- Negative Sentiment: Multiple cautious/pessimistic analyst notes: Several firms (Citizens JMP, Truist, Goldman Sachs, Needham, Stephens, Keefe Bruyette & Woods, Robert W. Baird) issued lowered expectations or pessimistic forecasts — adding selling pressure and capping near‑term upside despite the beat. Read More. Read More. Read More. Read More. Read More. Read More. Read More.
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.
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