nCino Inc. (NASDAQ:NCNO – Get Free Report) SVP Jeanette Sellers sold 1,536 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $19.53, for a total transaction of $29,998.08. Following the transaction, the senior vice president directly owned 48,453 shares of the company’s stock, valued at $946,287.09. This trade represents a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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.
Jeanette Sellers also recently made the following trade(s):
- On Tuesday, August 4th, Jeanette Sellers sold 887 shares of nCino stock. The stock was sold at an average price of $19.22, for a total value of $17,048.14.
nCino Price Performance
NASDAQ:NCNO opened at $18.99 on Friday. The business’s 50-day moving average is $16.70 and its 200 day moving average is $17.08. nCino Inc. has a 12 month low of $13.80 and a 12 month high of $33.92. The company has a market capitalization of $2.08 billion, a P/E ratio of 158.25 and a beta of 0.66. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31.
Institutional Trading of nCino
Wall Street Analyst Weigh In
A number of research firms recently issued reports on NCNO. Citigroup reaffirmed a “market outperform” rating on shares of nCino in a research note on Monday, June 22nd. Zacks Research downgraded shares of nCino from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. 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. Keefe, Bruyette & Woods restated an “outperform” rating on shares of nCino in a research report on Wednesday, June 24th. Finally, Weiss Ratings raised nCino from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, nCino currently has an average rating of “Moderate Buy” and an average price target of $25.29.
Read Our Latest Research Report on nCino
Key Headlines Impacting nCino
Here are the key news stories impacting nCino this week:
- Positive Sentiment: Institutional ownership remains high at approximately 94.8%, and several funds have recently increased their positions. Hawk Ridge Capital Management expanded its stake by more than 625%, while Algebris UK increased its holdings by more than 266%. These purchases suggest continued institutional interest in nCino’s cloud-based banking software platform. nCino institutional activity and outlook
- Positive Sentiment: Wall Street’s consensus view remains “Moderate Buy,” with an average price target of $25.29, implying potential upside from current levels. Needham and Citigroup maintain positive ratings, while one analyst has assigned a Strong Buy rating.
- Neutral Sentiment: CEO Sean Desmond, CFO Gregory Orenstein, Director Pierre Naude, SVP Jeanette Sellers and insider April Rieger collectively sold approximately 67,222 shares worth about $1.30 million during August 4–5. Most transactions were conducted under pre-arranged Rule 10b5-1 plans and were intended to cover tax withholding tied to vested equity awards, reducing their significance as a bearish signal. SEC insider trading filings
- Negative Sentiment: The breadth of insider selling—including transactions by both the CEO and CFO—could still weigh on sentiment and create short-term supply pressure. The sales also arrive while nCino carries a high valuation, with a reported P/E ratio above 158.
- Negative Sentiment: Analyst target reductions temper the bullish outlook. Citizens JMP lowered its target to $23 from $32, and Goldman Sachs reduced its target to $21 while maintaining a Neutral rating. nCino insider trading and analyst information
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.
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