NCNO nCino, Inc.

BEARISH Impact: 7/10 Insider Cluster (4 insiders)
Horizon weeks Filed Apr 2, 2026 Processed 1mo ago
Insider cluster: 4 insiders, $0.9M total
Latest settled — T+20d
NCNO ▲ +2.22% at T+20d
SHORT call ✗ call lost -2.22% · α vs SPY +7.65% · entry $17.10 → $17.48
Next anchor: T+60d in 5w
Last close $16.07 (close May 22) · +6.02% from $17.10 entry (call sign-flipped)
Entry anchored
Apr 1, 03:59 PM ET
via Databento tick
T+1d
+1.52%
call -1.52% · α -1.04%
$17.36
settled 7w ago
T+5d
+2.05%
call -2.05% · α +1.57%
$17.45
settled 6w ago
T+20d
+2.22%
call -2.22% · α +7.65%
$17.48
settled 24d ago
T+60d
call — · α —
in 5w

Price Chart

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Executive Summary

Six insider transactions at nCino, Inc. (NCNO) occurred over a 7-day window, including open-market sales by the CEO, CFO, a director, and general counsel totaling $888K, alongside derivative exercises. These trades follow an earnings report and a $200M incremental credit facility amendment, suggesting possible strategic capital actions ahead of potential volatility.

Key Financial Metrics

Direction
selling
Total Value
$888.0K
Insiders
4

Actionable Insight

C-suite and director selling totaling nearly $1M immediately following earnings and a major credit facility expansion may signal caution about near-term valuation or liquidity strategy. Traders should monitor upcoming earnings calls and debt usage disclosures for signs of operational stress or aggressive leverage. The CEO’s sale following derivative exercise may indicate profit-taking after a run-up.

Key Facts

  • CEO Desmond Sean sold $263,406 worth of shares and exercised derivatives for 16,130 shares (8,065 at $4.98 and 8,065 at $0), indicating non-cash transactions alongside open-market selling.
  • CFO Orenstein Gregory sold $148,105 worth of shares, Director Naude Pierre sold $380,316, and General Counsel Rieger April sold $96,285, all between April 2–6, 2026.
  • Total open-market sales by insiders: $888K, representing ~0.04% of NCNO's $2.1B market cap — modest but concentrated among top executives.
  • Sales occurred within 8 days of an 8-K filing that included Q4 earnings (Item 2.02), a $200M term loan amendment, and material disclosures under Items 7.01 and 9.01, suggesting possible reaction to material non-public information or pre-earnings liquidity needs.
  • CEO's sale coincided with derivative exercises, a common pattern for tax-related or planned trading under Rule 10b5-1, but concentration of C-suite selling raises caution.

Financial Impact

$888,000 in insider sales over 7 days

insider sentimentmarket confidenceshareholder dilution perception

Risk Factors

  • Concentrated insider selling, especially by CEO and CFO, may erode market confidence.
  • Recent $200M debt expansion raises questions about capital allocation and future cash flow pressures.

Market Snapshot

Exchange
Nasdaq
Sector
Services-Prepackaged Software

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NCNO-1775680342905
13 reports for NCNO
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for NCNO — sortable, filterable
Type Now
May 8, 2026
15d ago
DEFA14A
NEUTRAL ★ 2/10
$16.74 $15.11▼ −9.74%▼ −9.65%$16.07 (−4.00%)
May 5, 2026
18d ago
144
NEUTRAL ★ 2/10
$17.96 $16.74▼ −6.79%▼ −8.78%$16.07 (−10.52%)
May 5, 2026
18d ago
144
NEUTRAL ★ 3/10
$17.96 $16.74▼ −6.79%▼ −8.78%$16.07 (−10.52%)
May 4, 2026
19d ago
144
NEUTRAL ★ 2/10
$17.96 $16.19▼ −9.86%▼ −11.84%$16.07 (−10.52%)
May 4, 2026
19d ago
144
NEUTRAL ★ 3/10
$17.96 $16.19▼ −9.86%▼ −11.84%$16.07 (−10.52%)
May 4, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$17.99 $16.74▼ −6.95%▼ −9.88%$16.07 (−10.67%)
May 4, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$17.99 $16.74▼ −6.95%▼ −9.88%$16.07 (−10.67%)
Apr 14, 2026
5w ago
144
NEUTRAL ★ 2/10
$17.47 $18.23▲ +4.35%▲ +2.96%$16.07 (−8.01%)
Apr 6, 2026
6w ago
144
NEUTRAL ★ 2/10
$17.36 $17.13▼ −1.32%▼ −5.46%$16.07 (−7.43%)
Apr 6, 2026
6w ago
Press Release
BEARISH ★ 7/10
$17.36 $17.13▲ +1.32%▲ +5.46%$16.07 (+7.43%)
Showing 10 of 13

US Market Status

Market Closed — Opens Tue (34h 50m)

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