In its Q2 2026 investor letter, Spyglass Growth Strategy highlighted NCino, Inc. (NASDAQ:NCNO).
NCino, Inc. (NASDAQ:NCNO) is a software-as-a-service company that provides software solutions to financial institutions
On July 30, 2026, NCino, Inc. (NASDAQ:NCNO) closed at $18.38 per share, reflecting a market capitalization of $2.06 billion. NCino, Inc. (NASDAQ:NCNO) posted a one-month return of 3.55%, while its shares lost 32.30% over the past 52 weeks. Spyglass Growth Strategy stated the following regarding NCino, Inc. (NASDAQ:NCNO) in its Q2 2026 investor update: “NCino, Inc. (NASDAQ:NCNO), a global financial technology company, was sold during the second quarter.
Since our original entry point in the second quarter of 2025, we believe the risk/reward opportunity has become less compelling, especially compared to other names in our universe. As a result, we decided to exit our position to reallocate capital.” 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.