Jeanette Sellers Sells 887 Shares of nCino (NASDAQ:NCNO) Stock

nCino Inc. (NASDAQ:NCNO) SVP Jeanette Sellers sold 887 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $19.22, for a total value of $17,048.14. Following the transaction, the senior vice president directly owned 49,989 shares in the company, valued at approximately $960,788.58. This represents a 1.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 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.

Jeanette Sellers also recently made the following trade(s):

• On Wednesday, August 5th, Jeanette Sellers sold 1,536 shares of nCino stock. The stock was sold at an average price of $19.53, for a total value of $29,998.08.

nCino Stock Up 0.9%

NASDAQ NCNO opened at $19.17 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.31. nCino Inc. has a 52 week low of $13.80 and a 52 week high of $33.92. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 159.75 and a beta of 0.66. The company has a fifty day moving average of $16.76 and a two-hundred day moving average of $17.09.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Wall Street Zen cut shares of nCino from a “buy” rating to a “hold” rating in a research note on Saturday. The Goldman Sachs Group reduced their price objective on shares of nCino from $24.00 to $21.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Needham & Company LLC reissued a “buy” rating and issued a $25.00 price objective on shares of nCino in a research note on Thursday, May 28th. Citizens Jmp dropped their target price on nCino from $32.00 to $23.00 and set a “market outperform” rating for the company in a research report on Monday, May 18th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of nCino in a research note on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $25.29.

More nCino News

Here are the key news stories impacting nCino this week:

• Positive Sentiment: nCino released Mortgage MCP, a capability that allows lenders to connect AI agents directly to the nCino Mortgage Suite while preserving the company’s compliance, permissions and governance framework. The product could strengthen nCino’s competitive position as banks seek to deploy AI safely and automate mortgage workflows. nCino Mortgage MCP announcement
• Positive Sentiment: Conestoga Capital Advisors’ second-quarter investor letter highlighted nCino’s durable expansion prospects amid improving sentiment toward small-cap growth stocks. Conestoga has also increased its nCino position, reinforcing the view that institutional investors see long-term potential in the company’s cloud-based banking platform. Conestoga Capital Advisors investor letter
• Neutral Sentiment: Analyst sentiment remains broadly favorable, with a consensus “Moderate Buy” rating and an average price target of $25.29. However, ratings are mixed: Needham and Keefe, Bruyette & Woods remain positive, while Goldman Sachs and JPMorgan maintain neutral views, and Zacks recently downgraded the stock to Hold.
• Negative Sentiment: Several executives and insiders sold shares, including the CEO, CFO, director Pierre Naude and other senior personnel. The transactions totaled approximately 67,000 shares and were made under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, making them less concerning than discretionary sales; nevertheless, the volume may weigh on short-term sentiment. nCino insider transactions
• Negative Sentiment: nCino’s valuation remains demanding, with a price-to-earnings ratio above 150. Recent analyst target cuts, including reductions by Goldman Sachs and Citizens JMP, could limit upside unless the company delivers stronger growth and profitability.

Institutional Trading of nCino

A number of large investors have recently made changes to their positions in the stock. CWM LLC grew its holdings in shares of nCino by 255.8% in the fourth quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $29,000 after purchasing an additional 821 shares during the last quarter. Optiver Holding B.V. purchased a new position in nCino in the 1st quarter worth about $32,000. Los Angeles Capital Management LLC bought a new stake in nCino during the 4th quarter valued at about $38,000. Versant Capital Management Inc lifted its holdings in nCino by 664.9% during the 2nd quarter. Versant Capital Management Inc now owns 2,417 shares of the company’s stock valued at $40,000 after buying an additional 2,101 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in nCino by 76.2% in the 4th quarter. Farther Finance Advisors LLC now owns 1,670 shares of the company’s stock valued at $43,000 after buying an additional 722 shares during the period. 94.76% of the stock is owned by hedge funds and other institutional investors.

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.