Quantinno Capital Management LP Purchases 208,336 Shares of nCino Inc. $NCNO

Quantinno Capital Management LP lifted its position in nCino Inc. (NASDAQ:NCNO) by 208.4% in the first quarter, Holdings Channel.com reports. The firm owned 308,294 shares of the company’s stock after purchasing an additional 208,336 shares during the quarter. Quantinno Capital Management LP’s holdings in nCino were worth $4,618,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of NCNO. Lecap Asset Management Ltd. raised its holdings in shares of nCino by 2.3% during the 4th quarter. Lecap Asset Management Ltd. now owns 31,163 shares of the company’s stock valued at $799,000 after buying an additional 691 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in nCino by 76.2% in the fourth quarter. Farther Finance Advisors LLC now owns 1,670 shares of the company’s stock worth $43,000 after buying an additional 722 shares in the last quarter. Captrust Financial Advisors grew its position in nCino by 1.2% during the third quarter. Captrust Financial Advisors now owns 62,747 shares of the company’s stock valued at $1,701,000 after acquiring an additional 743 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in nCino by 14.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,958 shares of the company’s stock valued at $153,000 after acquiring an additional 765 shares during the last quarter. Finally, CWM LLC raised its stake in shares of nCino by 255.8% during the fourth quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $29,000 after acquiring an additional 821 shares in the last quarter. 94.76% of the stock is currently owned by institutional investors.

nCino News Summary

Here are the key news stories impacting nCino this week:

• Neutral Sentiment: Company insiders collectively sold approximately 67,222 shares worth about $1.30 million across August 4–5. The transactions included CEO Sean Desmond, CFO Gregory Orenstein, Director Pierre Naude, SVP Jeanette Sellers, and insider April Rieger. SEC insider trading filing
• Neutral Sentiment: Most of the sales were executed under pre-arranged Rule 10b5-1 trading plans and were specifically made to cover tax-withholding obligations tied to vested equity awards. That makes the transactions less indicative of management abandoning its long-term outlook for nCino.
• Negative Sentiment: The breadth of the selling—particularly by the CEO and CFO—may nevertheless weigh on investor sentiment and create near-term supply pressure. CEO Sean Desmond sold roughly 40,490 shares, while CFO Gregory Orenstein sold 11,780 shares; both retained substantial ownership stakes after the transactions. SEC CFO filing

Insider Transactions at nCino

In related news, SVP Jeanette Sellers sold 1,536 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $19.53, for a total transaction of $29,998.08. Following the completion of the transaction, the senior vice president owned 48,453 shares in the company, valued at $946,287.09. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Gregory Orenstein sold 11,780 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $19.22, for a total value of $226,411.60. Following the completion of the sale, the chief financial officer directly owned 690,513 shares of the company’s stock, valued at $13,271,659.86. The trade was a 1.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 83,350 shares of company stock worth $1,568,144. Corporate insiders own 1.90% of the company’s stock.

nCino Trading Down 1.2%

NCNO opened at $18.99 on Friday. The business has a 50 day simple moving average of $16.70 and a two-hundred day simple moving average of $17.08. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 158.25 and a beta of 0.66. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.89 and a quick ratio of 0.89. nCino Inc. has a one year low of $13.80 and a one year high of $33.92.

Analyst Upgrades and Downgrades

NCNO has been the subject of a number of recent research reports. Citigroup restated a “market outperform” rating on shares of nCino in a report on Monday, June 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 target price on shares of nCino in a research report on Thursday, May 28th. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of nCino in a research note on Wednesday, June 24th. Weiss Ratings upgraded shares of nCino from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, May 28th. Finally, Citizens Jmp reduced their price objective on nCino from $32.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $25.29.

nCino 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.