Sean Desmond Sells Over $1 Million of nCino, Stock at Defense World
August 12, 2023
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NCINO ($NASDAQ:NCNO): Sean Desmond recently sold 2514 shares of nCino, Inc. stock at Defense World for over $1 million. nCino is a global cloud-based software company that specializes in digital transformation solutions for the financial services industry. Through its innovative technology, nCino makes banking processes easier, faster, and more efficient for both financial institutions and their customers. Its Bank Operating System (BOS) is the first of its kind and has become the industry standard for digital transformation in financial services.
This platform helps financial institutions to streamline their operations, reducing costs, increasing transparency and improving customer satisfaction. With its revolutionary technology, nCino has achieved great success, increasing its share price and earning recognition from industry leaders.
Stock Price
This marks a significant sale of shares in the public company, which is traded on the Nasdaq stock exchange. The move comes as the company continues to make headway in the financial technology sector, offering innovative solutions to businesses, banks and other institutions. nCino_Stock_at_Defense_World”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ncino. More…
| Total Revenues | Net Income | Net Margin |
| 427.78 | -83.28 | -19.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ncino. More…
| Operations | Investing | Financing |
| 14.67 | -17.99 | 22.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ncino. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.31k | 285.86 | 9.14 |
Key Ratios Snapshot
Some of the financial key ratios for Ncino are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 40.9% | – | -17.5% |
| FCF Margin | ROE | ROA |
| -0.1% | -4.6% | -3.6% |
Analysis
As GoodWhale’s analysts, we conducted an analysis of NCINO’s wellbeing and the result of our Star Chart categorization was ‘cheetah’. This suggests that the company has achieved rapid growth in terms of revenue or earnings, but is considered to be less stable due to lower profitability. NCINO’s strength lies in its growth, which is rated medium in terms of assets and weak in terms of dividends and profitability. Regarding its health score, our analysis reveals an intermediate score of 4/10 with regards to cashflows and debt, suggesting that the company is likely to ride out any crisis without the risk of bankruptcy. Given the company’s unique combination of strengths and weaknesses, we believe that NCINO would be attractive to investors who are looking for a risky but potentially very rewarding opportunity. Such investors may be willing to overlook the company’s lack of dividend and profitability in exchange for the potential for strong revenue or earnings growth. nCino_Stock_at_Defense_World”>More…
Peers
Its competitors include AnalytixInsight Inc, Bill.com Holdings Inc, and Money Forward Inc.
– AnalytixInsight Inc ($TSXV:ALY)
AnalytixInsight Inc is a Canadian technology company that delivers big data analytics solutions. Its market cap is 36.17M as of 2022 and its ROE is -36.13%. The company’s analytics solutions are used by global organizations to drive better decision-making, improve operational efficiency and optimize customer experience.
– Bill.com Holdings Inc ($NYSE:BILL)
Bill.com Holdings Inc is a financial technology company that provides cloud-based software to manage payments for businesses. The company has a market cap of $13.46 billion and a return on equity of -4.95%. Bill.com’s software simplifies and automates back-office financial operations for businesses. The company was founded in 2006 and is headquartered in Palo Alto, California.
– Money Forward Inc ($TSE:3994)
In 2022, Money Forward Inc’s market cap is 197.05B. The company’s ROE is -13.78%. Money Forward Inc is a company that provides a financial management platform. The platform allows users to track their spending, set budgets, and invest money. The company was founded in 2013 and is headquartered in Tokyo, Japan.
Summary
Investing in nCino, Inc. stock can be a lucrative opportunity for those with the right knowledge and capital. The company recently had 2514 shares sold by Sean Desmond, indicating a potential decrease in stock price. Analysts recommend investors carefully research the company’s financials, industry, and competitive landscape before investing in nCino, Inc. stock. Investors should take into consideration the company’s current performance, future growth potential, and risk-return profile before investing. It is also important to analyze the company’s dividend history, debt-to-equity ratio, and other financial metrics.
Additionally, investors should be aware of any recent news or developments that may affect the stock price. By doing diligent research and evaluating their risk comfort level, investors can make informed decisions when investing in nCino, Inc. stock.
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