Bleakley Financial Group LLC Has $730,000 Stake in nCino Inc. $NCNO

Bleakley Financial Group LLC trimmed its holdings in nCino Inc. (NASDAQ:NCNO) by 61.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,471 shares of the company’s stock after selling 46,142 shares during the period. Bleakley Financial Group LLC’s holdings in nCino were worth $730,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Themes Management Co LLC acquired a new stake in nCino during the 4th quarter valued at $526,000. Lisanti Capital Growth LLC lifted its holdings in nCino by 48.8% during the 4th quarter. Lisanti Capital Growth LLC now owns 57,590 shares of the company’s stock valued at $1,477,000 after purchasing an additional 18,880 shares during the last quarter. Algebris UK Ltd. lifted its holdings in nCino by 266.2% during the 4th quarter. Algebris UK Ltd. now owns 1,032,782 shares of the company’s stock valued at $26,493,000 after purchasing an additional 750,744 shares during the last quarter. Nicholas Company Inc. increased its position in nCino by 9.6% during the 4th quarter. Nicholas Company Inc. now owns 279,118 shares of the company’s stock worth $7,157,000 after buying an additional 24,335 shares during the period. Finally, NewEdge Wealth LLC bought a new position in nCino during the 4th quarter worth $1,651,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

Insider Buying and Selling

In other news, CFO Gregory Orenstein sold 14,650 shares of nCino stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $18.02, for a total value of $263,993.00. Following the completion of the transaction, the chief financial officer directly owned 702,293 shares of the company’s stock, valued at approximately $12,655,319.86. This trade represents a 2.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Sean Desmond sold 22,073 shares of nCino stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $18.02, for a total value of $397,755.46. Following the completion of the transaction, the chief executive officer directly owned 1,271,016 shares of the company’s stock, valued at approximately $22,903,708.32. This trade represents a 1.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 164,918 shares of company stock valued at $2,900,939 in the last ninety days. Insiders own 1.90% of the company’s stock.

nCino Price Performance

nCino stock opened at $16.08 on Friday. The stock’s 50 day moving average is $16.52 and its 200 day moving average is $20.01. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.89 and a quick ratio of 1.00. The firm has a market cap of $1.76 billion, a P/E ratio of 134.00 and a beta of 0.72. nCino Inc. has a one year low of $13.80 and a one year high of $33.92.

nCino (NASDAQ:NCNO) last posted its quarterly earnings data on Tuesday, March 31st. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.16. The company had revenue of $149.67 million for the quarter, compared to analyst estimates of $147.41 million. nCino had a return on equity of 6.85% and a net margin of 2.17%.The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.12 earnings per share. As a group, research analysts expect that nCino Inc. will post 0.61 EPS for the current year.

nCino News Summary

Here are the key news stories impacting nCino this week:

• Positive Sentiment: nCino reported better-than-expected Q1 results, with earnings of $0.33 per share topping estimates and sales also coming in ahead of expectations, helping fuel a sharp rally in the stock. nCino (NASDAQ:NCNO) Posts Better-Than-Expected Sales In Q1 CY2026, Stock Jumps 11.2%
• Positive Sentiment: Needham reaffirmed its Buy rating and set a $25 price target, implying substantial upside from current levels. nCino had its “buy” rating reaffirmed by Needham & Company LLC.
• Positive Sentiment: A Seeking Alpha piece argued that nCino is “finally investable” after a stellar quarter, while another article highlighted the stock’s low valuation versus GF Value, reinforcing the bull case. nCino Is Finally Investable After A Stellar Quarter (Upgrade)
• Neutral Sentiment: Management updated FY2027 guidance, guiding revenue to $642 million-$646 million, slightly above the consensus estimate of $641.8 million; the update was supportive, but the provided EPS guidance was not fully specified.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on NCNO shares. The Goldman Sachs Group reduced their price objective on nCino from $24.00 to $21.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Barclays raised their price objective on nCino from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Wednesday, April 1st. Weiss Ratings raised nCino from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday. Stephens reduced their price objective on nCino from $34.00 to $26.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Finally, Citizens Jmp reduced their price objective on nCino from $32.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, nCino presently has an average rating of “Moderate Buy” and an average target price of $25.21.

About nCino

nCino, Inc provides a cloud-based banking operating system designed to modernize and streamline processes for financial institutions. Built on a software-as-a-service (SaaS) model, the nCino Bank Operating System integrates key banking functions into a unified platform, enabling banks and credit unions to enhance efficiency, reduce risk and improve customer experiences.

Founded in 2012 as a spinoff from Live Oak Bank, nCino launched its flagship offering to address the needs of commercial and retail lenders seeking to replace legacy systems.