NCINO INC NCNO
COM · Common Stock · CUSIP 63947X101 · ISIN US63947X1019
Technology/banking software company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($650.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.31. Options: 9 managers hold calls ($4.5m notional), 6 hold puts ($1.8m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 199 |
| Q4 2022 | 194 |
| Q1 2023 | 193 |
| Q2 2023 | 198 |
| Q3 2023 | 199 |
| Q4 2023 | 210 |
| Q1 2024 | 229 |
| Q2 2024 | 251 |
| Q3 2024 | 275 |
| Q4 2024 | 282 |
| Q1 2025 | 277 |
| Q2 2025 | 279 |
| Q3 2025 | 300 |
| Q4 2025 | 297 |
| Q1 2026 | 284 |
| Q2 2026 | 288 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 164 | 110 |
| Q4 2024 | 148 | 140 |
| Q1 2025 | 153 | 139 |
| Q2 2025 | 181 | 134 |
| Q3 2025 | 168 | 134 |
| Q4 2025 | 160 | 173 |
| Q1 2026 | 178 | 153 |
| Q2 2026 | 176 | 152 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $12.8m | $3.2m | 0.25 |
| Q4 2025 | $11.0m | $1.8m | 0.16 |
| Q1 2026 | $9.0m | $476.4k | 0.05 |
| Q2 2026 | $4.5m | $1.8m | 0.40 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +4.7m |
| BANK OF AMERICA CORP /DE/ | Added | +4.2m |
| BlackRock, Inc. | Added | +3.4m |
| BANK OF MONTREAL /CAN/ | Added | +3.0m |
| WELLINGTON MANAGEMENT GROUP LLP | New | +3.0m |
| AMERICAN CAPITAL MANAGEMENT INC | Added | +2.7m |
| Senvest Management, LLC | Added | +2.0m |
| Lead Edge Capital Management, LLC | Added | +2.0m |
| Clearbridge Investments, LLC | Added | +1.8m |
| T. Rowe Price Investment Management, Inc. | New | +1.6m |
Biggest sellers
| HAWK RIDGE CAPITAL MANAGEMENT LP | Sold out | -4.5m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -4.1m |
| Spyglass Capital Management LLC | Sold out | -3.1m |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Reduced | -2.6m |
| TREMBLANT CAPITAL GROUP | Sold out | -1.8m |
| HMI Capital Management, L.P. | Reduced | -1.8m |
| BROWN BROTHERS HARRIMAN & CO | Sold out | -1.5m |
| JANE STREET GROUP, LLC | Reduced | -1.2m |
| Point72 Asset Management, L.P. | Sold out | -1.1m |
| Balyasny Asset Management L.P. | Sold out | -926.2k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $817.5k50.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $765.2k46.8k shares |
| JANE STREET GROUP, LLC | Added | $690.0k42.2k shares |
| IMC-Chicago, LLC | Reduced | $634.4k38.8k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $598.4k36.6k shares |
| GROUP ONE TRADING LLC | Added | $407.1k24.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $258.3k15.8k shares |
| SYMMETRY PEAK MANAGEMENT LLC | New | $204.4k12.5k shares |
| Walleye Capital LLC | New | $83.4k5.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $930.3k56.9k shares |
| JANE STREET GROUP, LLC | New | $363.0k22.2k shares |
| CITADEL ADVISORS LLC | Reduced | $310.6k19.0k shares |
| Walleye Capital LLC | New | $147.2k9.0k shares |
| SIMPLEX TRADING, LLC | Added | $40.9k2.5k shares |
| GROUP ONE TRADING LLC | Unchanged | $1.6k100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2026-07-29 | 8.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution +1.2 pts · filed 2026-07-31 | 7.3% |
| Senvest Management, LLC 13G · passive investor +1.7 pts · filed 2026-08-13 | 6.7% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-13 | 6.5% |
Fell to 5% or below in the last year: HMI Capital Management, L.P. (4.6%, 2026-06-30), KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC (4.5%, 2026-05-14), Capital International Investors (0.0%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), WASATCH ADVISORS LP (4.3%, 2025-11-12)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 9 | $606.4m | $260.0m |
| Q1 2025 | 0 | — | 6 | $3.0m | — |
| Q2 2025 | 0 | — | 6 | $3.3m | $141.1k |
| Q3 2025 | 0 | — | 6 | $135.9m | $16.3k |
| Q4 2025 | 0 | — | 5 | $848.9k | $213.7k |
| Q1 2026 | 0 | — | 5 | $1.3m | $244.4k |
| Q2 2026 | 0 | — | 5 | $2.9m | $760.5k |
| Q3 2026 | 0 | — | 5 | $1.8m | $1.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-15 | Rieger April Chief Lgl. & Admin Ofc., Sec | Sold | $134.0k6.1k shares |
| 2026-09-03 | Desmond Sean CEO & President, director | Sold plan | $190.8k8.1k shares |
| 2026-08-27 | Sellers Jeanette SVP of Accounting | Sold | $15.7k690 shares |
| 2026-08-05 | Desmond Sean CEO & President, director | Sold plan | $230.7k11.8k shares |
| 2026-08-05 | Sellers Jeanette SVP of Accounting | Sold plan | $30.0k1.5k shares |
| 2026-08-04 | Desmond Sean CEO & President, director | Sold plan | $551.1k28.7k shares |
| 2026-08-04 | Orenstein Gregory CFO & Treasurer | Sold | $226.4k11.8k shares |
| 2026-08-04 | Rieger April Chief Lgl. & Admin Ofc., Sec | Sold | $150.9k7.9k shares |
| 2026-08-04 | Naude Pierre Director | Sold | $89.9k4.7k shares |
| 2026-08-04 | Sellers Jeanette SVP of Accounting | Sold plan | $17.0k887 shares |
| 2026-07-06 | Desmond Sean CEO & President, director | Sold plan | $140.9k8.1k shares |
| 2026-06-03 | Desmond Sean CEO & President, director | Sold plan | $131.1k8.1k shares |
| 2026-05-05 | Desmond Sean CEO & President, director | Sold plan | $299.3k16.6k shares |
| 2026-05-05 | Sellers Jeanette SVP of Accounting | Sold plan | $66.7k3.7k shares |
| 2026-05-04 | Naude Pierre Director | Sold | $642.4k35.6k shares |
| 2026-05-04 | Desmond Sean CEO & President, director | Sold | $397.8k22.1k shares |
| 2026-05-04 | Orenstein Gregory CFO & Treasurer | Sold | $264.0k14.7k shares |
| 2026-05-04 | Rieger April Chief Lgl. & Admin Ofc., Sec | Sold | $174.7k9.7k shares |
| 2026-05-04 | Sellers Jeanette SVP of Accounting | Sold | $26.8k1.5k shares |
| 2026-04-14 | Sellers Jeanette SVP of Accounting | Sold | $32.9k1.9k shares |
| 2026-04-06 | Desmond Sean CEO & President, director | Sold plan | $263.4k15.4k shares |
| 2026-04-02 | Naude Pierre Director | Sold | $380.2k22.7k shares |
| 2026-04-02 | Orenstein Gregory CFO & Treasurer | Sold | $148.1k8.8k shares |
| 2026-04-02 | Desmond Sean CEO & President, director | Sold | $96.3k5.7k shares |
| 2026-04-02 | Rieger April Chief Lgl. & Admin Ofc., Sec | Sold | $96.3k5.7k shares |
| 2026-04-02 | Sellers Jeanette SVP of Accounting | Sold | $12.3k735 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 9.0m $147.5m | Added +3.4m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 7.8m $128.0m | Added +868.2k |
| Senvest Management, LLC 3.51% of their portfolio | 7.3m $119.8m | Added +2.0m |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 7.1m $112.4m | Added +4.7m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 5.2m $84.3m | Added +4.2m |
| AMERICAN CAPITAL MANAGEMENT INC 3.74% of their portfolio | 5.1m $83.5m | Added +2.7m |
| HMI Capital Management, L.P. 11.89% of their portfolio | 5.0m $81.6m | Reduced -1.8m |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 4.7m $77.0m | Added +3.0m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 4.5m $73.0m | Reduced -257.6k |
| Clearbridge Investments, LLC 0.05% of their portfolio | 3.9m $64.0m | Added +1.8m |
| Lead Edge Capital Management, LLC 10.88% of their portfolio | 3.7m $59.9m | Added +2.0m |
| Long Path Partners LP 25.36% of their portfolio | 3.6m $59.5m | Reduced -780.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 3.0m $49.3m | New |
| STATE STREET CORP 0.00% of their portfolio | 2.9m $47.5m | Added +845.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.7m $44.3m | Added +791.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.7m $44.1m | Added +351.6k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.13% of their portfolio | 2.5m $41.2m | Reduced -2.6m |
| ALGEBRIS (UK) LTD 2.59% of their portfolio | 2.4m $39.4m | Added +335.1k |
| Conestoga Capital Advisors, LLC 0.75% of their portfolio | 2.1m $34.7m | Reduced -603.9k |
| BAMCO INC /NY/ 0.05% of their portfolio | 1.9m $30.5m | Reduced -182.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.7m $27.3m | Added +1.1m |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 1.6m $26.5m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.5m $23.2m | Reduced -90.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.3m $21.9m | Added +159.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.3m $20.9m | Added +1.2m |
| Quantinno Capital Management LP 0.02% of their portfolio | 1.3m $20.7m | Added +957.3k |
| Gotham Asset Management, LLC 0.05% of their portfolio | 1.2m $19.8m | Added +396.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $19.5m | Added +385.9k |
| Azora Capital LP 0.76% of their portfolio | 1.1m $18.0m | New |
| Tensile Capital Management LP 2.39% of their portfolio | 1.1m $17.3m | Added +51.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.0m $16.5m | Added +418.0k |
| UBS Group AG 0.00% of their portfolio | 978.1k $16.0m | Added +111.5k |
| Ranger Investment Management, L.P. 1.01% of their portfolio | 975.1k $15.9m | Reduced -81.9k |
| MORGAN STANLEY 0.00% of their portfolio | 948.7k $15.5m | Reduced -476.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 862.4k $14.1m | Added +262.7k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 848.8k $13.9m | Added +48.5k |
| Nuveen, LLC 0.00% of their portfolio | 833.0k $13.6m | Added +546.9k |
| FMR LLC 0.00% of their portfolio | 822.8k $13.5m | Reduced -120.1k |
| CREDIT AGRICOLE S A 0.03% of their portfolio | 814.8k $13.3m | Added +145.0k |
| Clearline Capital LP 0.84% of their portfolio | 799.3k $13.1m | Unchanged |
| FRED ALGER MANAGEMENT, LLC 0.04% of their portfolio | 753.9k $12.3m | Reduced -227.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 725.0k $11.9m | Added +15.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 709.6k $11.6m | Added +56.8k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 632.5k $10.3m | Added +119.0k |
| Woodline Partners LP 0.03% of their portfolio | 589.7k $9.6m | Reduced -197.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 558.6k $9.1m | Added +30.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 532.8k $8.7m | Added +532.2k |
| CYPRESS POINT INVESTMENT MANAGEMENT LP 1.46% of their portfolio | 492.3k $8.0m | Added +217.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 442.9k $7.2m | Added +327.9k |
| Man Group plc 0.01% of their portfolio | 425.8k $7.0m | Reduced -70.3k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 374.7k $6.1m | Reduced -66.7k |
| BROWN CAPITAL MANAGEMENT LLC 1.21% of their portfolio | 370.4k $6.1m | Reduced -159.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 367.7k $6.0m | Added +5.2k |
| Jupiter Topco LLC 0.00% of their portfolio | 349.6k $5.7m | First filing |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 329.0k $5.4m | Reduced -5.5k |
| FIFTH THIRD BANCORP 0.01% of their portfolio | 319.6k $5.2m | Reduced -22.1k |
| Mariner, LLC 0.01% of their portfolio | 314.5k $5.1m | Added +237.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 310.8k $5.1m | Reduced -647.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 309.8k $4.6m | Added +257.9k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 289.9k $4.7m | Reduced -4.1m |
| NICHOLAS COMPANY, INC. 0.09% of their portfolio | 288.9k $4.7m | Added +11.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 251.9k $4.1m | New |
| Trexquant Investment LP 0.02% of their portfolio | 241.8k $4.0m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 238.4k $3.9m | Reduced -213.4k |
| CITIGROUP INC 0.00% of their portfolio | 233.6k $3.8m | Added +116.7k |
| PALISADE CAPITAL MANAGEMENT, LP 0.15% of their portfolio | 211.8k $3.5m | Reduced -232.1k |
| Swiss National Bank 0.00% of their portfolio | 206.9k $3.4m | Added +1.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 203.1k $3.3m | Reduced -1.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 199.7k $3.3m | Reduced -8.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 197.5k $3.2m | Reduced -9.8k |
| Bullseye Asset Management LLC 1.47% of their portfolio | 176.3k $2.9m | Added +1.1k |
| Invesco Ltd. 0.00% of their portfolio | 176.2k $2.9m | Reduced -26.2k |
| XTX Topco Ltd 0.04% of their portfolio | 174.8k $2.9m | Added +163.9k |
| Edgestream Partners, L.P. 0.08% of their portfolio | 169.9k $2.8m | Reduced -55.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 168.8k $2.8m | Reduced -14.9k |
| BANK OF NOVA SCOTIA 0.00% of their portfolio | 164.9k $2.7m | New |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 151.2k $2.5m | Reduced -38.8k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio | 149.4k $2.4m | Added +44.7k |
| Creative Planning 0.00% of their portfolio | 146.5k $2.4m | Added +68.0k |
| Cerity Partners LLC 0.00% of their portfolio | 143.9k $2.4m | Added +113.0k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 142.8k $2.3m | Added +103.4k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 140.7k $2.3m | Reduced -188.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 138.1k $2.3m | Reduced -116.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 136.9k $2.2m | Added +43.4k |
| Holocene Advisors, LP 0.00% of their portfolio | 127.8k $2.1m | Added +17.7k |
| SIT INVESTMENT ASSOCIATES INC 0.04% of their portfolio | 126.9k $2.1m | Added +9.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 126.1k $2.1m | Reduced -3.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 125.8k $2.1m | Added +124.3k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 125.1k $1.8m | Added +93.6k |
| Summit Trail Advisors, LLC 0.03% of their portfolio | 122.1k $2.0m | Reduced -442 |
| DARK FOREST CAPITAL MANAGEMENT LP 0.13% of their portfolio | 121.2k $2.0m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 119.7k $2.0m | Added +110.4k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 119.7k $2.0m | Added +17.1k |
| CM WEALTH ADVISORS LLC 0.32% of their portfolio | 109.4k $1.8m | Added +3.0k |
| Squarepoint Ops LLC 0.00% of their portfolio | 99.9k $1.6m | Reduced -514.6k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 95.8k $1.6m | Reduced -24.8k |
| Motley Fool Asset Management LLC 0.06% of their portfolio | 95.3k $1.6m | Added +9.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 94.3k $1.5m | Reduced -12.3k |
| Legal & General Group Plc 0.00% of their portfolio | 90.1k $1.5m | Added +7.2k |
| Oak Thistle LLC 0.14% of their portfolio | 88.9k $1.5m | Added +70.3k |