In its Q2 2026 investor letter, Conestoga Capital Advisors highlighted NCino, Inc. (NASDAQ:NCNO) as a newly added position in its Micro Cap Composite.
NCino, Inc. (NASDAQ:NCNO) is a software-as-a-service company that provides software solutions to financial institutions
On August 06, 2026, NCino, Inc. (NASDAQ:NCNO) closed at $18.99 per share, reflecting a market capitalization of $2.08 billion. NCino, Inc. (NASDAQ:NCNO) posted a one-month return of 11.77%, while its shares lost 27.49% over the past 52 weeks. Conestoga Capital Advisors stated the following regarding NCino, Inc. (NASDAQ:NCNO) in its Q2 2026 investor letter: “NCino, Inc. (NASDAQ:NCNO) provides cloud-based software that enables banks and financial institutions to automate lending, account opening, and other core banking workflows.
We believe the company is well positioned to benefit from increasing adoption of AI-enabled banking solutions, supported by its deep customer relationships and mission-critical platform. Growing subscription revenue, expanding profitability, and multiple opportunities to monetize new AI capabilities provide a potential runway for long-term growth.” NCino, Inc. (NASDAQ:NCNO) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 40 hedge fund portfolios held NCino, Inc. (NASDAQ:NCNO) at the end of the first quarter, compared to 47 in the previous quarter.