Ncino Inc (NASDAQ: NCNO) is 8.68% higher on its value in year-to-date trading and has touched a low of $28.09 and a high of $43.20 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 $36.41 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $36.55, the stock is -8.35% and -3.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.72 million and changing 0.38% at the moment leaves the stock 10.77% off its SMA200. NCNO registered 25.69% gain for a year compared to 6-month gain of 16.48%. The firm has a 50-day simple moving average (SMA 50) of $37.9408 and a 200-day simple moving average (SMA200) of $32.963024.
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The stock witnessed a -13.65% loss in the last 1 month and extending the period to 3 months gives it a 24.36%, and is -1.96% down 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 2.94% over the week and 2.88% over the month.
Ncino Inc (NCNO) has around 1653 employees, a market worth around $4.23B and $522.98M in sales. Fwd P/E is 41.47. Profit margin for the company is -3.46%. Distance from 52-week low is 30.12% and -15.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.37%).
The EPS is expected to grow by 44.22% this year
383.0 institutions hold shares in Ncino Inc (NCNO), with institutional investors hold 104.04% of the company’s shares. The shares outstanding are 115.65M, and float is at 98.01M with Short Float at 5.26%. Institutions hold 100.97% 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
The most recent transaction is an insider sale by HORING JEFF, the company’s Director. SEC filings show that HORING JEFF sold 1,106,042 shares of the company’s common stock on Dec 10 ’24 at a price of $36.18 per share for a total of $40.01 million. Following the sale, the insider now owns 10.96 million shares.
Ncino Inc disclosed in a document filed with the SEC on Dec 09 ’24 that HORING JEFF (Director) sold a total of 450,000 shares of the company’s common stock. The trade occurred on Dec 09 ’24 and was made at $37.27 per share for $16.77 million. Following the transaction, the insider now directly holds 12.06 million shares of the NCNO stock.
Still, SEC filings show that on Dec 10 ’24, Insight Holdings Group, LLC (Director) disposed off 409,148 shares at an average price of $36.18 for $14.8 million. The insider now directly holds 867,760 shares of Ncino Inc (NCNO).
