Potential Price Increase for Ncino Inc (NCNO) After Recent Insider Activity

ZOM Stock

Ncino Inc’s recent filing unveils that its Director Lake Spencer unloaded Company’s shares for reported $0.18 million on Jun 02 ’25. In the deal valued at $25.96 per share,7,119 shares were sold. As a result of this transaction, Lake Spencer now holds 43,646 shares worth roughly $1.19 million.

Then, Lake Spencer bought 2 shares, generating $52 in total proceeds.

Before that, Lake Spencer bought 7,117 shares. Ncino Inc shares valued at $184,787 were divested by the Director at a price of $25.96 per share.

William Blair downgraded its Ncino Inc [NCNO] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Hold”. Scotiabank also remained covering NCNO and has decreased its forecast on April 02, 2025 with a “Sector perform” recommendation from previously “Sector outperform” rating. Goldman revised its rating on April 02, 2025. It rated NCNO as “a Neutral” which previously was an “a Buy”.

Price Performance Review of NCNO

On Friday, Ncino Inc [NASDAQ:NCNO] saw its stock unchanged to $27.32. Over the last five days, the stock has gained 3.88%. Ncino Inc shares have fallen nearly -18.64% since the year began. Nevertheless, the stocks have fallen -9.45% over the past one year. While a 52-week high of $43.20 was reached on 01/06/25, a 52-week low of $18.75 was recorded on 04/02/25. SMA at 50 days reached $24.58, while 200 days put it at $31.62.

Levels Of Support And Resistance For NCNO Stock

The 24-hour chart illustrates a support level at 27.09, which if violated will result in even more drops to 26.87. On the upside, there is a resistance level at 27.66. A further resistance level may holdings at 28.01. The Relative Strength Index (RSI) on the 14-day chart is 65.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.60%. Stochastics %K at 65.51% indicates the stock is a holding.

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