Ncino Inc (NASDAQ: NCNO) is -0.66% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NCNO stock was last observed hovering at around $32.98 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $33.36, the stock is -2.32% and -11.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 1.15% at the moment leaves the stock -0.10% off its SMA200. NCNO registered -4.90% loss for a year compared to 6-month gain of 2.14%. The firm has a 50-day simple moving average (SMA 50) of $37.6576 and a 200-day simple moving average (SMA200) of $33.414074.
The stock witnessed a -8.73% loss in the last 1 month and extending the period to 3 months gives it a -4.88%, and is -0.60% 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 2.03% over the week and 2.94% over the month.
Ncino Inc (NCNO) has around 1653 employees, a market worth around $3.86B and $522.98M in sales. Fwd P/E is 37.91. Profit margin for the company is -3.46%. Distance from 52-week low is 18.76% and -22.78% 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 44.26% 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 101.51M with Short Float at 5.67%. 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 54,876 shares of the company’s common stock on Jan 06 ’25 at a price of $35.00 per share for a total of $1.92 million. Following the sale, the insider now owns 4.46 million shares.
Ncino Inc disclosed in a document filed with the SEC on Dec 18 ’24 that HORING JEFF (Director) sold a total of 4,474,158 shares of the company’s common stock. The trade occurred on Dec 18 ’24 and was made at $35.75 per share for $159.96 million. Following the transaction, the insider now directly holds 4.51 million shares of the NCNO stock.
Still, SEC filings show that on Dec 17 ’24, Kilday Pamela (Director) disposed off 9,000 shares at an average price of $35.51 for $0.32 million. The insider now directly holds 17,804 shares of Ncino Inc (NCNO).
