Versor Investments LP Purchases New Holdings in nCino Inc. $NCNO

Key Points

• Versor Investments LP has acquired a new stake in nCino Inc., purchasing 13,068 shares valued at approximately $359,000.
• Insider trading activity includes CEO Sean Desmond selling 9,550 shares for a total of $262,147.50, while 5.70% of the stock is currently owned by company insiders.
• nCino reported $144.14 million in revenue for the quarter, surpassing analyst estimates, and has set guidance for upcoming earnings between $0.130-$0.140 EPS for Q2 2026.

Versor Investments LP acquired a new position in shares of nCino Inc. (NASDAQ:NCNO - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,068 shares of the company's stock, valued at approximately $359,000.

Several other large investors have also recently bought and sold shares of the company. Johnson Financial Group Inc. acquired a new position in shares of nCino in the 4th quarter valued at $57,000. Covestor Ltd lifted its stake in shares of nCino by 27.6% in the 1st quarter. Covestor Ltd now owns 2,388 shares of the company's stock valued at $66,000 after purchasing an additional 517 shares during the period. First Horizon Advisors Inc. lifted its stake in shares of nCino by 22.5% in the 1st quarter. First Horizon Advisors Inc. now owns 2,924 shares of the company's stock valued at $80,000 after purchasing an additional 538 shares during the period. FNY Investment Advisers LLC acquired a new position in shares of nCino in the 1st quarter valued at $82,000. Finally, Asset Management One Co. Ltd. lifted its stake in shares of nCino by 63.1% in the 1st quarter. Asset Management One Co. Ltd. now owns 3,718 shares of the company's stock valued at $102,000 after purchasing an additional 1,439 shares during the period. Institutional investors and hedge funds own 94.76% of the company's stock.

Insider Buying and Selling

In related news, Director Pierre Naude sold 4,659 shares of nCino stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $27.45, for a total value of $127,889.55. Following the sale, the director owned 1,192,461 shares of the company's stock, valued at approximately $32,733,054.45. The trade was a 0.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider April Rieger sold 3,028 shares of nCino stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $27.45, for a total value of $83,118.60. Following the transaction, the insider owned 240,523 shares of the company's stock, valued at $6,602,356.35. The trade was a 1.24% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,603 shares of company stock worth $593,002 in the last three months. Insiders own 5.70% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on NCNO. Baird R W raised nCino from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 14th. Raymond James Financial reaffirmed an "outperform" rating and set a $35.00 price objective (up previously from $32.00) on shares of nCino in a research note on Tuesday, July 29th. Keefe, Bruyette & Woods raised their price objective on nCino from $28.00 to $33.00 and gave the stock an "outperform" rating in a research note on Thursday, May 29th. JMP Securities raised their price objective on nCino from $32.00 to $35.00 and gave the stock a "market outperform" rating in a research note on Monday, June 9th. Finally, Piper Sandler reaffirmed a "neutral" rating and set a $28.00 price objective (up previously from $25.00) on shares of nCino in a research note on Thursday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $31.13.

nCino Stock Down 2.0%

Shares of NASDAQ:NCNO traded down $0.5950 during midday trading on Monday, reaching $28.4850. The company had a trading volume of 1,206,777 shares, compared to its average volume of 1,718,720. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.24. The business's 50 day moving average price is $28.32 and its 200 day moving average price is $27.45. The stock has a market cap of $3.30 billion, a PE ratio of -109.63, a P/E/G ratio of 28.97 and a beta of 0.77. nCino Inc. has a 1-year low of $18.75 and a 1-year high of $43.20.

nCino (NASDAQ:NCNO - Get Free Report) last released its earnings results on Wednesday, May 28th. The company reported $0.16 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.16. The business had revenue of $144.14 million for the quarter, compared to the consensus estimate of $139.77 million. nCino had a positive return on equity of 0.19% and a negative net margin of 5.27%.nCino's quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.19 earnings per share. nCino has set its Q2 2026 guidance at 0.130-0.140 EPS. FY 2026 guidance at 0.690-0.720 EPS. Research analysts forecast that nCino Inc. will post 0.12 EPS for the current fiscal year.

About nCino

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.