Conestoga Capital Advisors LLC boosted its holdings in nCino Inc. (NASDAQ:NCNO - Free Report) by 2.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,153,285 shares of the company's stock after purchasing an additional 61,090 shares during the quarter. Conestoga Capital Advisors LLC owned 1.85% of nCino worth $59,151,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the business. Wasatch Advisors LP raised its stake in nCino by 171.9% in the fourth quarter. Wasatch Advisors LP now owns 6,177,783 shares of the company's stock valued at $207,450,000 after purchasing an additional 3,905,802 shares in the last quarter. Invesco Ltd. raised its position in shares of nCino by 3,006.0% in the 4th quarter. Invesco Ltd. now owns 2,602,497 shares of the company's stock valued at $87,392,000 after buying an additional 2,518,707 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new position in shares of nCino in the 4th quarter valued at approximately $81,254,000. T. Rowe Price Investment Management Inc. raised its position in shares of nCino by 139.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,241,017 shares of the company's stock valued at $108,834,000 after buying an additional 1,889,283 shares in the last quarter. Finally, Capital International Investors lifted its holdings in shares of nCino by 57.4% during the 4th quarter. Capital International Investors now owns 4,691,204 shares of the company's stock worth $157,531,000 after acquiring an additional 1,710,893 shares during the period. Institutional investors own 94.76% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on NCNO. Morgan Stanley lifted their price objective on shares of nCino from $27.00 to $29.00 and gave the company an "equal weight" rating in a research note on Thursday, May 29th. Needham & Company LLC reiterated a "buy" rating and issued a $33.00 price target on shares of nCino in a research note on Thursday, May 29th. Stephens boosted their price target on nCino from $24.00 to $28.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 21st. Scotiabank reaffirmed a "sector perform" rating and issued a $26.00 price objective (up from $19.00) on shares of nCino in a research note on Wednesday, May 21st. Finally, Piper Sandler reiterated a "neutral" rating and issued a $28.00 target price (up previously from $25.00) on shares of nCino in a research report on Thursday, May 29th. Eleven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $30.94.
Get Our Latest Stock Analysis on nCino
Insider Buying and Selling at nCino
In other news, VP Jeanette Sellers sold 2,501 shares of nCino stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $21.51, for a total transaction of $53,796.51. Following the completion of the sale, the vice president now owns 19,099 shares in the company, valued at approximately $410,819.49. This trade represents a 11.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider April Rieger sold 6,589 shares of the business's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $23.00, for a total value of $151,547.00. Following the transaction, the insider now directly owns 243,551 shares of the company's stock, valued at $5,601,673. The trade was a 2.63% decrease in their position. The disclosure for this sale can be found here. Insiders sold 141,060 shares of company stock valued at $3,101,115 in the last quarter. 5.70% of the stock is currently owned by corporate insiders.
nCino Stock Performance
nCino stock traded down $0.35 during mid-day trading on Friday, reaching $26.45. The company's stock had a trading volume of 1,662,450 shares, compared to its average volume of 1,532,124. The firm's fifty day moving average price is $25.03 and its two-hundred day moving average price is $29.48. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.05 and a current ratio of 1.05. nCino Inc. has a 12-month low of $18.75 and a 12-month high of $43.20. The company has a market capitalization of $3.07 billion, a P/E ratio of -101.73, a PEG ratio of 27.54 and a beta of 0.76.
nCino (NASDAQ:NCNO - Get Free Report) last announced its quarterly earnings results on Tuesday, April 1st. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.06). nCino had a negative net margin of 5.27% and a positive return on equity of 0.19%. The company had revenue of $141.37 million during the quarter, compared to analysts' expectations of $140.81 million. During the same quarter last year, the firm posted $0.21 earnings per share. nCino's revenue for the quarter was up 14.3% compared to the same quarter last year. Sell-side analysts predict that nCino Inc. will post 0.12 EPS for the current fiscal year.
nCino declared that its Board of Directors has approved a share buyback program on Tuesday, April 1st that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 3.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.
nCino Company Profile
(
Free Report)
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.
Recommended Stories

Before you consider nCino, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and nCino wasn't on the list.
While nCino currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report