HMI Capital Management Files SC 13D for nCino, Inc.

TL;DR

**HMI Capital Management just updated their stake in nCino (NCNO). Watch this space.**

AI Summary

HMI Capital Management, L.P. has filed a Schedule 13D regarding nCino, Inc. (NCNO), indicating a change in their beneficial ownership as of October 14, 2024. The filing details their holdings and intentions concerning the company's common stock.

Why It Matters

This filing signals a significant investor's updated stake and potential influence in nCino, Inc., which could impact the company's stock performance and strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant shifts in major shareholder positions, which can lead to increased volatility and strategic changes for the company.

Key Players & Entities

• HMI Capital Management, L.P. (company) — Filing entity
• nCino, Inc. (company) — Subject company
• 6770 PARKER FARM DRIVE, WILMINGTON, NC 28405 (address) — nCino, Inc. business and mail address
• 555 CALIFORNIA STREET, SUITE 4900, SAN FRANCISCO, CA 94104 (address) — HMI Capital Management, L.P. business and mail address
• October 14, 2024 (date) — Date of event requiring filing

FAQ

Key Financial Figures

• $0.0005 — Inc. (Name of Issuer) Common Stock, $0.0005 par value (Title of Class of Securitie
• $394.5 million — he Reporting Persons used approximately $394.5 million (including brokerage commissions) of th

Filing Documents

• p24-3011sc13d.htm (SC 13D) — 146KB
• p24-3011exhibit99.htm (EX-99.1) — 10KB
• p24-3011exhibit24.htm (EX-24.1) — 10KB
• 0000902664-24-005919.txt ( ) — 167KB

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: October 21, 2024 HMI Capital Partners, L.P. Marco W. Hellman By: /s/ Lusine Moshkounian By: /s/ Lusine Moshkounian Lusine Moshkounian Lusine Moshkounian Attorney-in-Fact Attorney-in-Fact HMI Capital Management, L.P. Justin C. Nyweide By: /s/ Lusine Moshkounian By: /s/ Lusine Moshkounian Lusine Moshkounian Lusine Moshkounian Attorney-in-Fact Attorney-in-Fact HMI Capital Fund GP, LLC Radhakrishnan Raman Mahendran By: /s/ Lusine Moshkounian By: /s/ Lusine Moshkounian Lusine Moshkounian Lusine Moshkounian Attorney-in-Fact Attorney-in-Fact Members GP, LLC Avery J. Schwartz By: /s/ Lusine Moshkounian By: /s/ Lusine Moshkounian Lusine Moshkounian Lusine Moshkounian Attorney-in-Fact Attorney-in-Fact CUSIP No. 63947X101 SCHEDULE 13D Page 15 of 15 Pages Annex A TRANSACTIONS IN COMMON STOCK BY THE REPORTING PERSONS The following tables set forth all transactions in the Common Stock effected by the Reporting Persons in the past sixty days. Unless otherwise noted, all such transactions were effected in the open market through a broker and all prices per share include commissions. Where a price range is provided in the column titled "Price Range ($)", the price reported in the column titled "Price Per Share ($)" is a weighted average price. These shares of Common Stock were sold or purchased in multiple transactions at prices between the price ranges indicated in the column titled "Price Range ($)". The Reporting Persons will undertake to provide to the staff of the SEC, upon request, full information regarding the shares of Common Stock sold or purchased at each separate price. HMI Capital Partners, L.P. Trade Date Shares Purchased (Sold) Price Per Share ($) Price Range ($) 9/3/2024 131,

View Full Filing

View this SC 13D filing on SEC EDGAR