NCNO nCino, Inc. Insider Trading

Director Jeff Horing sold entire 3.92M share stake in nCino (NCNO) for $117.5M across 2 transactions; stock down 28.7% from 52-week high.

Director Jeff Horing liquidated his complete 3,915,422 share position in nCino through 2 separate sales totaling $117,491,845.17 at an average price of $30.01. This complete exit occurs while the stock trades 28.7% below its 52-week high of $42.64, despite a 16.1% rebound over the past 30 days. At the same-ticker level, Horing's prior 2 measurable sales at NCNO showed well-timed execution (90-day returns of -6.5% and -7.0%), suggesting a pattern of selling ahead of declines; however, the 3 most recent sales (including the August 28 and 29 transactions) remain in early post-transaction windows. The company reported negative net income of $-15,257,000.00 on quarterly revenue of $148,815,000.00 and remains unprofitable on a full-year basis, adding context to the director's full liquidation, though the timing relative to forward guidance or operational milestones cannot be inferred from the filing alone.

Director HORING JEFF sold 543,169 shares ($17.6M) in 3 transactions at $32.26–$33.29, holding 3.92M shares; prior 5 NCNO sales all well-timed with negative 90d returns.

Director HORING JEFF executed 3 separate sales totaling 543,169 (543.2K shares) for $17,565,597.78 ($17.6M) on 2025-08-28 and 2025-08-29 at a blended average price of $32.34. His holdings fell from 4.46M shares to 3.92M shares, a reduction of 12.2%. The stock currently trades at $31.08, down 27.1% from its 52-week high of $42.64 and recently up 14.5% over 30 days. Critically, his prior 5 sales at NCNO all demonstrated well-timed exits: each was followed by negative 90-day returns ranging from -20.2% to -38.7%, indicating a consistent pattern of selling before declines. The company reported a loss of $15,257,000.00 in the latest quarter despite 13.4% annual revenue growth, and remains unprofitable on a full-year basis. This latest sale aligns with his demonstrated timing pattern at this ticker and occurs in the context of ongoing corporate losses.

Director JEFF HORING sold 54,876 shares of NCNO at $35.00 on 2025-01-06; stock now at $33.51, -21.4% from 52-week high.

JEFF HORING, a Director, sold 54,876 shares (54.9K shares) of nCino on 2025-01-06 at $35.00, reducing his holdings by 1.2% to 4,458,591 shares (4.46M shares). The sale occurred as the stock trades $33.51 currently, down 9.7% over the past 30 days and 21.4% below its 52-week high of $42.64. Notably, HORING has executed five separate sales at NCNO within the past month (2024-12-11 through 2024-12-18), with this being the most recent transaction. His broader cross-ticker track record shows 20 prior sells with a 90-day well-timed rate of 0.00%, indicating his sales have historically been poorly timed. The company remains unprofitable (net income of $-5,252,000 in the latest quarter) despite 16.7% annual revenue growth, trading at a $3.9B market cap.

Director HORING JEFF sold 4,474,158 shares (4.47M) of nCino at $35.75 for $159,955,622.66, reducing stake by 49.8%

HORING JEFF, a director at nCino, executed a substantial sale of 4,474,158 shares at $35.75 on 2024-12-18, divesting nearly half his stake (49.8% reduction) and generating $159,955,622.66 in proceeds. The sale price sits 17.4% below the 52-week high of $42.64 and follows a 12.1% decline over the prior 30 days, though the stock has gained 15.7% over 90 days. The transaction occurs within a pattern of five recent same-ticker sales across December 10–16, all within measurable outcomes pending. This represents a significant concentration of sell activity by a key insider at a company with $138.8M in quarterly revenue and ongoing unprofitability ($-5.3M net income in the latest period), despite annual revenue growth of 16.7%.

Director Jeff Horing sells 91,376 shares over 2 days at blended average $36.23 for $3.3M; stock now -17.0% from 52-week high at $35.40

Jeff Horing, Director at nCino, executed 2 separate sales totaling 91,376 shares for $3,310,165.74 (blended average price $36.23) on 2024-12-13 and 2024-12-16, reducing his holding from 9,079,001 shares to 8,987,625 shares (-1.0%). The transactions occurred as the stock traded near its 52-week low of $28.40 relative to the 52-week high of $42.64 (current price $35.40 representing -17.0% from high). Over his cross-ticker track record of 20 prior sells, Horing achieved a 90-day well-timed rate of 7.69% with an average 90-day return of +12.0%, but his same-ticker history at NCNO shows 5 prior sales in rapid succession (Oct 18–Dec 12), with only the Oct 18 sale measurable at 30 days (+9.8%); no 90-day outcomes are yet available for any recent NCNO transaction to assess timing. The company remains unprofitable on a full-year basis (net income $-5,252,000.00 for latest quarter) despite annual revenue growth of +16.7%, which provides mixed fundamental context for evaluating the sale signal.

Director HORING JEFF sold 1,878,424 shares ($68.9M) at blended avg $36.67 on Dec 11-12; still holds 9.08M post-sale

HORING JEFF executed 2 separate sales totaling 1,878,424 shares for $68,884,783.40 on 2024-12-11 and 2024-12-12, reducing his position by 17.1% to 9,079,001 shares remaining. The blended average price of $36.67 sits modestly above the current market price of $35.46, and notably 16.8% below the 52-week high of $42.64. At the cross-ticker level, his track record across 20 prior open-market sells shows a 90-day well-timed rate of 7.14%, indicating his sells historically have not captured major declines ahead of time; his average 90-day return after prior sells was +11.2%, meaning the stock typically rose after he sold. At this specific ticker (NCNO), recent sales on 2024-10-17 and 2024-10-18 posted +11.2% and +9.8% 30-day returns respectively, continuing the pattern of the stock rising after his exit. The sale occurs as nCino reported a loss in its most recent full fiscal year (net income $-5.3M on revenue $138.8M) despite 16.7% annual revenue growth, and the stock has declined 14.5% over the last 30 days.

Insight Holdings Group sells 665.7K NCNO shares for $24.3M across 8 transactions; stake reduced 68.5% to 306.0K shares

Insight Holdings Group, a director of nCino, executed 8 separate sales totaling 665,664 shares for $24,291,053.07 across December 9–10, 2024, reducing its holdings from 971,706 shares to 306,042 shares (a -68.5% reduction in stake size). The sales occurred at blended average price $36.49, near current price of $36.41; the insider retained a material 306.0K share position post-transaction. The company is unprofitable (full-year net income was negative) and currently trading -14.6% from its 52-week high of $42.64, though it has posted +25.1% return over 90 days. The magnitude and structure of this multi-tranche liquidation—retaining only one-third of prior holdings while eliminating two-thirds—represents a substantial reduction in director-level exposure to the company.

Director Jeff Horing sold 1,556,042 shares (1.56M) over two days for $56,782,248.41 ($56.8M) at blended average $36.49.

Director Jeff Horing executed two separate sales totaling 1,556,042 shares for $56,782,248.41, reducing his stake by 12.4% from 12,513,467 to 10,957,425 shares. The sales occurred on 2024-12-09 and 2024-12-10 at prices ($37.27 and $36.18 respectively) near the current price of $36.41 and well above the 52-week low of $28.40, though -14.6% from the 52-week high of $42.64. At the same-ticker level (NCNO), Horing's four prior measurable sales showed mixed timing outcomes: two produced positive 30-day returns of +9.8% and +11.2% to +11.7%, while his August 2024 sale yielded a -12.3% 30-day return followed by a +23.8% 90-day return. The company posted recent quarterly revenue of $138,797,000.00 against a net loss of $-5,252,000.00 and remains unprofitable despite 16.7% annual growth. The stock has declined 14.6% over the past 30 and 90 days, suggesting a recent downward shift in valuation.

Insight Holdings Group sells 314.8K shares of NCNO for $11.5M across two days; reduces stake 27.1% to 846.7K shares

Insight Holdings Group, LLC (Director) executed 8 separate sales totaling 314,766 shares for $11,486,271.88 between 2024-12-09 and 2024-12-10, reducing its NCNO holdings by 27.1% from 1,161,438 to 846,672 shares. The sales occurred at a blended average price of $36.49, just above the current price of $36.41, with prices ranging from $37.27 on December 9 to $36.18 on December 10. nCino remains unprofitable—posting a net loss of $5,252,000 on quarterly revenue of $138,797,000—though the company achieved annual revenue growth of 16.7%. The multi-day, multi-transaction structure and the material reduction in directional stake warrants investor attention to understand the motivation and any broader signals about the company's near-term outlook.

Insight Holdings Group director sells 575,612 shares for $21.0M (12/9–12/10); reduces stake 35.0% to 1.07M shares

Insight Holdings Group, LLC, a director of nCino, executed 8 separate sales totaling 575,612 shares for $21,004,923.46 over two consecutive trading days at prices ranging from $36.18 to $37.27 (blended average $36.49). This transaction reduced the director's stake by 35.0%, from 1,643,626 shares to 1,068,014 shares post-transaction. The sales occurred when the stock stood near its 52-week high—only 14.6% below the $42.64 peak—and 2.2% above the current price of $36.41, suggesting execution near elevated levels. The company remains unprofitable (full-year net income was negative; latest quarter net income was $-5,252,000.00) despite 16.7% annual revenue growth and $138,797,000.00 in quarterly revenue, which may have motivated the reduction in a $4.2B market-cap firm still loss-making.