Stanley Laman Group Ltd. Has $400,000 Stake in nCino Inc. $NCNO

Stanley Laman Group Ltd. reduced its stake in shares of nCino Inc. (NASDAQ:NCNO) by 8.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,290 shares of the company’s stock after selling 1,261 shares during the quarter. Stanley Laman Group Ltd.’s holdings in nCino were worth $400,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Robeco Institutional Asset Management B.V. grew its holdings in shares of nCino by 7.2% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 520,000 shares of the company’s stock worth $14,544,000 after purchasing an additional 35,000 shares during the last quarter. Select Equity Group L.P. boosted its position in nCino by 395.3% in the first quarter. Select Equity Group L.P. now owns 265,211 shares of the company’s stock valued at $7,285,000 after buying an additional 211,665 shares in the last quarter. Clearline Capital LP bought a new stake in nCino during the first quarter worth about $494,000. Untitled Investments LP increased its holdings in shares of nCino by 29.2% during the first quarter. Untitled Investments LP now owns 356,127 shares of the company’s stock worth $9,783,000 after buying an additional 80,390 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of nCino in the second quarter valued at approximately $204,000. 94.76% of the stock is owned by institutional investors.

nCino Stock Performance

Shares of nCino stock opened at $23.76 on Friday. The firm has a fifty day moving average of $28.32 and a two-hundred day moving average of $26.95. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of -81.93, a PEG ratio of 14.96 and a beta of 0.64. nCino Inc. has a 52 week low of $18.75 and a 52 week high of $43.20.

nCino (NASDAQ:NCNO) last announced its quarterly earnings data on Tuesday, August 26th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.08. nCino had a positive return on equity of 1.18% and a negative net margin of 5.86%.The business had revenue of $148.82 million during the quarter, compared to analysts’ expectations of $143.17 million. During the same period in the previous year, the firm earned $0.14 earnings per share. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. As a group, equities research analysts predict that nCino Inc. will post 0.12 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of nCino in a research note on Wednesday, October 8th. Zacks Research lowered shares of nCino from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Bank of America boosted their target price on shares of nCino from $34.00 to $38.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 27th. Citigroup reissued an “outperform” rating on shares of nCino in a report on Wednesday, August 27th. Finally, Truist Financial upped their price objective on nCino from $27.00 to $32.00 and gave the stock a “hold” rating in a report on Wednesday, August 27th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $33.94.

Insider Buying and Selling at nCino

In related news, Director Pierre Naude sold 4,659 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $27.45, for a total transaction of $127,889.55. Following the completion of the transaction, the director owned 1,192,461 shares in the company, valued at approximately $32,733,054.45. The trade was a 0.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Gregory Orenstein sold 4,155 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $27.45, for a total transaction of $114,054.75. Following the completion of the sale, the chief financial officer owned 466,099 shares in the company, valued at approximately $12,794,417.55. This trade represents a 0.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,480,723 shares of company stock worth $135,667,553 over the last ninety days. 5.70% of the stock is owned by corporate insiders.

About nCino

nCino, Inc, a software-as-a-service company, provides cloud-based software applications to financial institutions in the United States and internationally. Its nCino Bank Operating System connects financial institution employees, clients and third parties on a single cloud-based platform which include client onboarding, deposit account opening, loan origination, end-to-end mortgage suite, and powerful ecosystem.