nCino Inc. $NCNO Shares Sold by Algebris UK Ltd.

Algebris UK Ltd. lowered its position in nCino Inc. (NASDAQ:NCNO) by 13.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 282,038 shares of the company’s stock after selling 45,373 shares during the period. Algebris UK Ltd. owned about 0.24% of nCino worth $7,640,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in NCNO. TD Asset Management Inc lifted its position in shares of nCino by 0.5% in the second quarter. TD Asset Management Inc now owns 69,820 shares of the company’s stock valued at $1,953,000 after acquiring an additional 340 shares in the last quarter. Wallace Advisory Group LLC raised its stake in nCino by 5.2% in the 2nd quarter. Wallace Advisory Group LLC now owns 8,977 shares of the company’s stock valued at $247,000 after purchasing an additional 444 shares during the last quarter. Advisors Asset Management Inc. raised its stake in nCino by 68.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock valued at $32,000 after purchasing an additional 458 shares during the last quarter. Asset Management One Co. Ltd. lifted its holdings in nCino by 15.2% in the 2nd quarter. Asset Management One Co. Ltd. now owns 4,284 shares of the company’s stock valued at $120,000 after purchasing an additional 566 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of nCino by 186.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock worth $26,000 after purchasing an additional 617 shares during the last quarter. Hedge funds and other institutional investors own 94.76% of the company’s stock.

nCino Price Performance

NCNO stock opened at $24.30 on Monday. The stock has a 50-day simple moving average of $24.90 and a 200-day simple moving average of $26.92. nCino Inc. has a 1 year low of $18.75 and a 1 year high of $35.04. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $2.79 billion, a P/E ratio of -135.00, a price-to-earnings-growth ratio of 6.39 and a beta of 0.55.

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

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

Insider Activity at nCino

In related news, Director Pierre Naude sold 4,881 shares of nCino stock in a transaction on Tuesday, November 4th. The shares were 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. The trade was a 0.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jeanette Sellers sold 1,507 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were 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 directly 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 SEC filing for this sale provides additional information. Insiders sold 40,780 shares of company stock worth $1,028,550 over the last ninety days. Company insiders own 5.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Stephens raised shares of nCino from a “hold” rating to an “overweight” rating in a research report on Monday, October 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of nCino in a research note on Thursday. Barclays decreased their price objective on nCino from $37.00 to $34.00 and set an “overweight” rating on the stock in a report on Monday, January 5th. BTIG Research initiated coverage on nCino in a research note on Tuesday, December 16th. They issued a “neutral” rating for the company. Finally, Raymond James Financial upgraded nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 target price on the stock in a research report on Monday, October 20th. Two 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $33.27.

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.