Ncino Inc (NASDAQ: NCNO) is 24.86% higher on its value in year-to-date trading and has touched a low of $27.47 and a high of $40.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NCNO stock was last observed hovering at around $40.15 in the last trading session, with the day’s gains setting it 1.84%.
Currently trading at $41.99, the stock is 12.36% and 26.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing 4.58% at the moment leaves the stock 31.76% off its SMA200. NCNO registered 41.29% gain for a year compared to 6-month gain of 36.29%. The firm has a 50-day simple moving average (SMA 50) of $32.9615 and a 200-day simple moving average (SMA200) of $31.81825.
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The stock witnessed a 30.97% loss in the last 1 month and extending the period to 3 months gives it a 30.81%, and is 12.57% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.17% over the week and 2.98% over the month.
Ncino Inc (NCNO) has around 1653 employees, a market worth around $4.85B and $506.12M in sales. Fwd P/E is 48.49. Profit margin for the company is -5.78%. Distance from 52-week low is 52.86% and 3.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.48%).
The EPS is expected to grow by 34.78% this year
353.0 institutions hold shares in Ncino Inc (NCNO), with institutional investors hold 96.04% of the company’s shares. The shares outstanding are 113.68M, and float is at 98.22M with Short Float at 6.60%. Institutions hold 93.16% of the Float.
The top institutional shareholder in the company is INSIGHT HOLDINGS GROUP, LLC with over 25.01 million shares valued at $786.67 million. The investor’s holdings represent 21.9038 of the NCNO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.46 million shares valued at $266.19 million to account for 7.4116 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 7.78 million shares representing 6.8151 and valued at over $244.77 million, while HMI CAPITAL MANAGEMENT, L.P. holds 6.4785 of the shares totaling 7.4 million with a market value of $232.67 million.
Ncino Inc (NCNO) Insider Activity
Still, SEC filings show that on Nov 04 ’24, Sellers Jeanette (VP of Accounting) disposed off 105 shares at an average price of $36.98 for $3883.0. The insider now directly holds 23,320 shares of Ncino Inc (NCNO).
