Key Points
- CEO Sean Desmond sold 7,331 shares on Jan. 5 at an average price of $24.51 for $179,682.81, reducing his stake by 1.17% to 618,597 shares (about $15.16M).
- Company fundamentals and capital actions: nCino beat quarterly expectations (EPS $0.31 vs. $0.20; revenue $152.16M, +9.6% YoY), set FY2026 EPS guidance of 0.900–0.910, and authorized a $100M share buyback (≈3.7% of shares).
nCino Inc. (NASDAQ:NCNO - Get Free Report) CEO Sean Desmond sold 7,331 shares of the 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 sale, the chief executive officer owned 618,597 shares of the company's stock, valued at approximately $15,161,812.47. The trade was a 1.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Sean Desmond also recently made the following trade(s):
- On Friday, December 5th, Sean Desmond sold 7,331 shares of nCino stock. The stock was sold at an average price of $24.11, for a total value of $176,750.41.
- On Tuesday, November 4th, Sean Desmond sold 10,006 shares of nCino stock. The stock was sold at an average price of $25.81, for a total transaction of $258,254.86.
nCino Price Performance
NASDAQ:NCNO opened at $25.31 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.01 and a quick ratio of 1.01. nCino Inc. has a one year low of $18.75 and a one year high of $35.04. The company has a fifty day moving average price of $25.28 and a 200 day moving average price of $27.23. The stock has a market cap of $2.90 billion, a P/E ratio of -140.61, a PEG ratio of 6.46 and a beta of 0.55.
nCino (NASDAQ:NCNO - Get Free Report) last posted its quarterly earnings results on Wednesday, December 3rd. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.11. The company had revenue of $152.16 million for 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 quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the business posted $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. Analysts anticipate that nCino Inc. will post 0.12 earnings per share for the current year.
nCino declared that its Board of Directors has initiated a stock repurchase plan on Monday, December 8th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 3.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its stock is undervalued.
Institutional Investors Weigh In On nCino
A number of hedge funds and other institutional investors have recently bought and sold shares of NCNO. Farther Finance Advisors LLC raised its position in 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 last quarter. Advisors Asset Management Inc. raised its holdings in shares of 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 during the last quarter. AlphaQuest LLC raised 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 last quarter. Hilltop National Bank acquired a new position in nCino during the 2nd quarter worth about $42,000. Finally, Quarry LP lifted its position in nCino by 138.2% during the 3rd quarter. Quarry LP now owns 1,701 shares of the company's stock worth $46,000 after buying an additional 987 shares in the last quarter. 94.76% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on NCNO shares. Barclays cut their target price on nCino from $37.00 to $34.00 and set an "overweight" rating for the company in a research note on Monday. Truist Financial reduced their price objective on shares of nCino from $32.00 to $27.00 and set a "hold" rating for the company in a report on Thursday, December 4th. Zacks Research raised shares of nCino from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 27th. William Blair upgraded shares of nCino from a "market perform" rating to an "outperform" rating in a research note on Friday, October 10th. Finally, Raymond James Financial raised nCino from an "outperform" rating to a "strong-buy" rating and set a $36.00 price objective on the stock in a report on Monday, October 20th. Three investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $33.27.
View Our Latest Analysis on nCino
About nCino
(
Get Free Report)
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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