Raymond James Sticks to Its Hold Rating for nCino (NCNO)


Raymond James analyst Brian Peterson maintained a Hold rating on nCino (NCNO) yesterday. The company’s shares closed last Wednesday at $85.73.

According to TipRanks.com, Peterson is a top 100 analyst with an average return of 34.6% and a 73.6% success rate. Peterson covers the Technology sector, focusing on stocks such as Duck Creek Technologies, Inc., ZoomInfo Technologies, and Manhattan Associates.

nCino has an analyst consensus of Hold.

See today’s analyst top recommended stocks >>

Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NCNO in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Ncino Inc is a provider of cloud based software for financial institutions. Its software solution digitizes, automates and streamlines inefficient and complex processes and workflow and utilizes data analytics and artificial intelligence that enables financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, open deposit and other accounts and manage regulatory compliance. The company caters to global financial institutions, enterprise banks, regional banks, community banks, and credit unions.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts