Ncino Inc (NASDAQ: NCNO) is 0.39% 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 $33.34 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $33.71, the stock is 1.37% and -3.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing 1.11% at the moment leaves the stock 0.65% off its SMA200. NCNO registered 5.38% gain for a year compared to 6-month gain of 6.85%. The firm has a 50-day simple moving average (SMA 50) of $34.9356 and a 200-day simple moving average (SMA200) of $33.474224.
The stock witnessed a 3.60% loss in the last 1 month and extending the period to 3 months gives it a -20.74%, and is 2.96% 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 2.66% over the week and 2.71% over the month.
Ncino Inc (NCNO) has around 1653 employees, a market worth around $3.90B and $522.98M in sales. Fwd P/E is 38.62. Profit margin for the company is -3.46%. Distance from 52-week low is 20.01% and -21.97% 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 44.31% this year
The shares outstanding are 115.65M, and float is at 104.84M with Short Float at 6.88%.
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 Sellers Jeanette, the company’s VP of Accounting. SEC filings show that Sellers Jeanette sold 468 shares of the company’s common stock on Feb 04 ’25 at a price of $32.60 per share for a total of $15258.0. Following the sale, the insider now owns 22602.0 shares.
Ncino Inc disclosed in a document filed with the SEC on Feb 04 ’25 that Rieger April (Chief Lgl. & Compl. Ofc., Sec.) sold a total of 4,325 shares of the company’s common stock. The trade occurred on Feb 04 ’25 and was made at $32.60 per share for $0.14 million. Following the transaction, the insider now directly holds 0.15 million shares of the NCNO stock.
Still, SEC filings show that on Feb 04 ’25, Orenstein Gregory (CFO & Treasurer) disposed off 5,148 shares at an average price of $32.60 for $0.17 million. The insider now directly holds 271,744 shares of Ncino Inc (NCNO).
