nCino Inc. $NCNO Shares Acquired by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in nCino Inc. by 7.2% in Q2, owning 520,000 shares worth approximately $14.5 million as of its latest SEC filing.
• In the last ninety days, insiders at nCino sold over 4.4 million shares valued at approximately $135.7 million, indicating notable insider activity.
• nCino reported $0.22 EPS in its last quarter, exceeding estimates, and its revenue grew by 12.4% year-over-year, marking strong financial performance.

Robeco Institutional Asset Management B.V. increased its stake in shares of nCino Inc. (NASDAQ:NCNO - Free Report) by 7.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 520,000 shares of the company's stock after purchasing an additional 35,000 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.45% of nCino worth $14,544,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NCNO. Vanguard Group Inc. raised its position in nCino by 7.7% during the 1st quarter. Vanguard Group Inc. now owns 11,666,955 shares of the company's stock worth $320,491,000 after buying an additional 836,182 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in shares of nCino by 50.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 4,867,463 shares of the company's stock worth $133,710,000 after acquiring an additional 1,626,446 shares during the period. Invesco Ltd. increased its stake in shares of nCino by 3.6% during the first quarter. Invesco Ltd. now owns 2,697,437 shares of the company's stock worth $74,099,000 after acquiring an additional 94,940 shares during the period. Conestoga Capital Advisors LLC raised its holdings in nCino by 2.9% during the first quarter. Conestoga Capital Advisors LLC now owns 2,153,285 shares of the company's stock worth $59,151,000 after purchasing an additional 61,090 shares in the last quarter. Finally, Tensile Capital Management LP lifted its position in nCino by 14.0% in the first quarter. Tensile Capital Management LP now owns 1,628,734 shares of the company's stock valued at $44,741,000 after purchasing an additional 200,000 shares during the period. 94.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at nCino

In other news, Director Jeff Horing sold 3,889,254 shares of the firm's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $30.00, for a total transaction of $116,677,620.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Gregory Orenstein sold 4,155 shares of the company's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $27.45, for a total value of $114,054.75. Following the completion of the transaction, the chief financial officer owned 466,099 shares of the company's stock, valued at $12,794,417.55. The trade was a 0.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,480,723 shares of company stock valued at $135,667,553. 5.70% of the stock is currently owned by insiders.

nCino Stock Performance

Shares of NASDAQ NCNO opened at $26.23 on Friday. The company has a 50-day simple moving average of $28.91 and a 200-day simple moving average of $27.17. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $3.04 billion, a PE ratio of -90.45, a price-to-earnings-growth ratio of 16.52 and a beta of 0.64. nCino Inc. has a 12 month low of $18.75 and a 12 month high of $43.20.

nCino (NASDAQ:NCNO - Get Free Report) last announced its quarterly earnings data on Tuesday, August 26th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.08. nCino had a negative net margin of 5.86% and a positive return on equity of 1.18%. The business had revenue of $148.82 million for the quarter, compared to the consensus estimate of $143.17 million. During the same quarter in the prior year, the firm posted $0.14 earnings per share. The company'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. On average, equities analysts anticipate that nCino Inc. will post 0.12 earnings per share for the current year.

Analyst Ratings Changes

NCNO has been the topic of several recent analyst reports. Baird R W upgraded nCino from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 14th. Zacks Research downgraded nCino from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 3rd. Morgan Stanley increased their price objective on nCino from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 27th. Weiss Ratings reissued a "sell (d-)" rating on shares of nCino in a report on Saturday, September 27th. Finally, JMP Securities upped their price target on shares of nCino from $35.00 to $41.00 and gave the stock a "market outperform" rating in a research note on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, nCino has a consensus rating of "Hold" and a consensus target price of $33.94.

nCino Company Profile

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.

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