Ncino Inc (NCNO, Financial), a provider of cloud-based software for financial institutions, has seen a recent insider transaction on April 8, 2024. Pierre Naude, the CEO of Ncino Inc, sold 10,924 shares of the company. The transaction was reported in a SEC Filing.
Over the past year, the insider has sold a total of 152,853 shares and has not made any purchases of the company's stock. The insider transaction history for Ncino Inc shows a pattern of insider sales, with 57 insider sells and no insider buys over the same timeframe.
Shares of Ncino Inc were trading at $34.41 on the day of the insider's recent sale, giving the company a market cap of $3.809 billion. According to the GuruFocus Value, with a price of $34.41 and a GF Value of $45.60, Ncino Inc has a price-to-GF-Value ratio of 0.75, indicating that the stock is modestly undervalued.
The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor based on the company's past performance, and future business performance estimates from 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.
