<div id="readability-page-1"><p>Conestoga Capital Advisors LLC lifted its position in shares of  nCino Inc. (NASDAQ:NCNO - Free Report) by 25.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,861,024 shares of the company's stock after buying an additional 585,786 shares during the period. Conestoga Capital Advisors LLC owned approximately 2.49% of nCino worth $73,357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>Why Q2 Holdings Stock Could Be Your Next Big Buy</li></ul><p>A number of other hedge funds and other institutional investors have also made changes to their positions in the company. State of New Jersey Common Pension Fund D increased its holdings in shares of  nCino by 14.4% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 87,535 shares of the company's stock worth $2,244,000 after buying an additional 11,022 shares during the last quarter.  Comerica Bank increased its holdings in shares of  nCino by 49.2% during the 4th quarter. Comerica Bank now owns 337,231 shares of the company's stock worth $8,647,000 after buying an additional 111,182 shares during the last quarter.  Pictet Asset Management Holding SA increased its holdings in shares of  nCino by 15.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 14,380 shares of the company's stock worth $369,000 after buying an additional 1,910 shares during the last quarter.  Advisors Capital Management LLC increased its holdings in shares of  nCino by 3.1% during the 4th quarter. Advisors Capital Management LLC now owns 79,298 shares of the company's stock worth $2,033,000 after buying an additional 2,360 shares during the last quarter.  Finally, Peregrine Capital Management LLC increased its holdings in shares of  nCino by 16.6% during the 4th quarter. Peregrine Capital Management LLC now owns 343,051 shares of the company's stock worth $8,796,000 after buying an additional 48,908 shares during the last quarter. Institutional investors and hedge funds own  94.76% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several analysts recently weighed in on NCNO shares. Morgan Stanley dropped their target price on shares of nCino from $36.00 to $21.00 and set an &#34;overweight&#34; rating for the company in a report on Monday, March 30th. Barclays lifted their target price on shares of nCino from $21.00 to $22.00 and gave the company an &#34;overweight&#34; rating in a report on Wednesday, April 1st. Zacks Research upgraded shares of nCino from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Tuesday, March 31st. Piper Sandler upgraded shares of nCino from a &#34;neutral&#34; rating to an &#34;overweight&#34; rating and dropped their target price for the company from $30.00 to $22.00 in a report on Wednesday, April 1st. Finally, JPMorgan Chase &amp; Co. dropped their target price on shares of nCino from $30.00 to $16.00 and set a &#34;neutral&#34; rating for the company in a report on Wednesday, February 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one  has assigned  a Sell rating to the company. According to data from MarketBeat.com, nCino  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $26.07.</p><ul><li>nCino's path to profits: Niche fintech with strong prospects</li></ul><p><b>Read Our Latest Stock Report on nCino</b></p><h2>nCino Stock Up 0.1%</h2><p>nCino stock opened at $17.48 on Friday. nCino Inc. has a fifty-two week low of $13.80 and a fifty-two week high of $33.92. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a 50 day moving average price of $16.45 and a 200 day moving average price of $21.31. The company has a market capitalization of $2.00 billion, a PE ratio of 349.60, a price-to-earnings-growth ratio of 7.82 and a beta of 0.61. </p><p>nCino (NASDAQ:NCNO - Get Free Report) last posted its earnings results on Tuesday, March 31st. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.16. The firm had revenue of $149.67 million during the quarter, compared to the consensus estimate of $147.41 million. nCino had a net margin of 0.87% and a return on equity of 4.75%. The firm's revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.12 EPS.  Research analysts expect that  nCino Inc. will post 0.52 earnings per share for the current year. </p><h2>Insiders Place Their Bets</h2><p>In other nCino news, SVP Jeanette Sellers sold 2,182 shares of the business's stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $18.26, for a total value of $39,843.32. Following the completion of the transaction, the senior vice president owned 43,219 shares in the company, valued at $789,178.94. The trade was a 4.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Gregory Orenstein sold 10,562 shares of the business's stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total transaction of $197,298.16. Following the completion of the transaction, the chief financial officer owned 451,184 shares of the company's stock, valued at approximately $8,428,117.12. This trade represents a 2.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 123,554 shares of company stock valued at $2,195,469. Corporate insiders own  5.70% of the company's stock. </p><h2>nCino Company Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than nCino</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkNOTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TkNOTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in nCino Right Now?</h2><p>Before you consider nCino, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and nCino wasn't on the list.</p><p>While nCino currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

NCNO

<p>Conestoga Capital Advisors LLC increased its stake in nCino Inc. (NASDAQ:NCNO) by 25.7% in Q4, owning 2,861,024 shares valued at $73.36 million. Other institutional investors also raised their positions. Analysts have mixed ratings on nCino, with a consensus target price of $26.07. The stock opened at $17.48, with a 52-week range of $13.80 to $33.92. nCino reported Q1 earnings of $0.37 per share, exceeding estimates, with revenue of $149.67 million, up 5.9% year-over-year.</p>

Market Beat

nCino

Comerica

Morgan Stanley

Barclays

Piper Sandler Cos

JPMorgan Chase

Zacks Quality International ETF

COMERICA INC 6.875 % DEP PFD SER B

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

nCino Inc. $NCNO Shares Acquired by Conestoga Capital Advisors LLC