Director Spencer Lake has sold 5,000 shares of Ncino Inc (NCNO, Financial) on April 4, 2024, according to a recent SEC Filing. Over the past year, the insider has sold a total of 15,000 shares of Ncino Inc and has not made any purchases of the stock.
Ncino Inc is a software company that provides cloud-based banking solutions to financial institutions. Their platform enhances operational efficiency, compliance transparency, and regulatory adherence while improving the customer experience.
The insider transaction history for Ncino Inc indicates a pattern of insider sales, with 52 insider sells and no insider buys over the past year.
On the date of the insider's recent sale, shares of Ncino Inc were trading at $35.3, giving the company a market capitalization of $3.961 billion.
The stock's price-to-GF-Value ratio stands at 0.77, with a GuruFocus Value of $45.60, suggesting that Ncino Inc is modestly undervalued.
The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
