nCino (NASDAQ:NCNO) Director Jeff Horing Sells 26,168 Shares

Key Points

• nCino Director Jeff Horing sold 26,168 shares of the company's stock for $814,348.16, resulting in a 0.67% decrease in his ownership.
• During the most recent quarter, nCino reported a **$0.22 EPS**, surpassing analysts' expectations and achieving a revenue of **$148.82 million**, a 12.4% year-over-year increase.
• nCino shares recently traded at **$30.40**, and the company has a market capitalization of **$3.52 billion** with an average price target of **$33.94** from analysts.

nCino Inc. (NASDAQ:NCNO - Get Free Report) Director Jeff Horing sold 26,168 shares of the company's stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $31.12, for a total transaction of $814,348.16. Following the completion of the transaction, the director owned 3,889,254 shares of the company's stock, valued at $121,033,584.48. This trade represents a 0.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Jeff Horing also recently made the following trade(s):

• On Monday, September 8th, Jeff Horing sold 3,889,254 shares of nCino stock. The shares were sold at an average price of $30.00, for a total transaction of $116,677,620.00.
• On Friday, August 29th, Jeff Horing sold 282,367 shares of nCino stock. The shares were sold at an average price of $32.23, for a total transaction of $9,100,688.41.
• On Thursday, August 28th, Jeff Horing sold 260,802 shares of nCino stock. The shares were sold at an average price of $32.46, for a total transaction of $8,465,632.92.

nCino Stock Down 1.2%

Shares of NCNO stock traded down $0.37 during trading on Friday, reaching $30.09. The company's stock had a trading volume of 1,360,476 shares, compared to its average volume of 2,307,113. The business has a fifty day moving average price of $29.34 and a 200-day moving average price of $27.26. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.24. The company has a market cap of $3.48 billion, a price-to-earnings ratio of -103.76, a price-to-earnings-growth ratio of 20.09 and a beta of 0.71. nCino Inc. has a one year low of $18.75 and a one year 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 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.08. The business had revenue of $148.82 million for the quarter, compared to analyst estimates of $143.17 million. nCino had a negative net margin of 5.86% and a positive return on equity of 1.18%. The firm's revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.14 earnings per share. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. Analysts anticipate that nCino Inc. will post 0.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Bank of America boosted their price objective on shares of nCino from $34.00 to $38.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 27th. Citigroup reissued an "outperform" rating on shares of nCino in a research report on Wednesday, August 27th. Scotiabank reaffirmed a "sector perform" rating and set a $26.00 price target (up from $19.00) on shares of nCino in a research report on Wednesday, May 21st. Keefe, Bruyette & Woods upped their price target on shares of nCino from $28.00 to $33.00 and gave the stock an "outperform" rating in a research report on Thursday, May 29th. Finally, Barclays upped their price target on shares of nCino from $31.00 to $37.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, nCino has an average rating of "Hold" and an average target price of $33.94.

Institutional Trading of nCino

Several institutional investors and hedge funds have recently added to or reduced their stakes in NCNO. Select Equity Group L.P. raised its position in shares of nCino by 395.3% in the first quarter. Select Equity Group L.P. now owns 265,211 shares of the company's stock valued at $7,285,000 after purchasing an additional 211,665 shares during the period. Clearline Capital LP bought a new position in shares of nCino in the first quarter valued at about $494,000. Northern Trust Corp raised its position in shares of nCino by 14.1% in the fourth quarter. Northern Trust Corp now owns 612,902 shares of the company's stock valued at $20,581,000 after purchasing an additional 75,592 shares during the period. Untitled Investments LP raised its position in shares of nCino by 29.2% in the first quarter. Untitled Investments LP now owns 356,127 shares of the company's stock valued at $9,783,000 after purchasing an additional 80,390 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new position in shares of nCino in the first quarter valued at about $343,000. 94.76% of the stock is owned by institutional investors.

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.