nCino Inc (NCNO) Options

Lot of Form 4s lately after the employee lock up time expired, I thought they would dip a little lower but the market absorbed the shares fairly nicely.

I have swing traded this one 3x from $70ish to $80ish. On my 4th trip now from $68
Also made some nice gains on the options.
Great company IMHO

Why is nobody on this board?

What did I miss on Cramer?

Are you still watching this? Good move after Cramer's GOLD seal!

Ty...

Looks like Cramer kicked off a new run!

Ty...

... 100 to 1100 financial institutions won in the last 3 years, but the #PandemicPrecipitation to the cloud is in effect ...

... nice buys from the nCino insiders ... $NCNO #LootWallStreet #InvestInYou

Funding
nCino was originally founded as a majority-owned subsidiary of Live Oak Bancshares, a bank holding company.[19][20][14] In 2013, nCino raised $9 million in investment funding from a group of investors that included former Morgan Stanley Chairman and CEO John Mack, Promontory Financial Group CEO Eugene Ludwig, and Live Oak Bank Chairman and CEO Chip Mahan.[21] In 2014, nCino received its Series A investment, a $10 million round, from Wellington Management Company LLP, after it experienced a 206% growth in revenue.[22] In February 2015, nCino secured an additional $29 million in a Series B Financing, led by Insight Venture Partners.[23][24] In 2018, nCino received a $51 million Series C round of venture funding led by Salesforce Ventures, the corporate investment group of Salesforce.[25][26] In October 2019, nCino closed its Series D round of funding, a raise of $80 million, led by T. Rowe Price Associates, Inc. Existing investor, Salesforce Ventures, also participated in the Series D round.[27] nCino has been a Salesforce partner since its founding in 2012.[28]

On June 22, 2020 nCino announced that it had filed a Form S-1 with the Securities and Exchange Commission, relating to a proposed initial public offering of its stock.[29] The S-1 filing noted that nCino's revenue in fiscal year 2020 was $138 million, up from $91.5 million in fiscal year 2019.[30]

nCino is headquartered in Wilmington, North Carolina, with offices in London, Melbourne, Salt Lake City, Sydney, Tokyo, and Toronto.[14][15] The company's Bank Operating System is used by banks and credit unions with assets ranging from $30 million to $2 trillion dollars. nCino currently serves the following markets: United States, Canada, Western Europe, Australia, and Japan.

Acquisitions
In July 2019, nCino acquired Visible Equity, a financial analytics and compliance software company based in Salt Lake City, Utah.[16] Visible Equity added the following capabilities to the nCino Bank Operating System: Loan Analytics, Deposit Analytics, Application Analytics, Customer Analytics, ALLL/CECL Compliance Analytics, Fair Lending Analytics.[17]

In November 2019, nCino announced its second acquisition, that of FinSuite, a software company based in Melbourne, Australia.[18]

nCino is a financial technology company founded in 2012. It is headquartered in Wilmington, North Carolina. nCino's customers include TD Bank, Truist Financial, and Santander Bank. nCino's strategic partners include Accenture, Deloitte Digital, PwC and West Monroe Partners. Wikipedia
Headquarters: Wilmington, NC
Number of employees: 850
Founded: 2011
Stock price: NCNO (NASDAQ) $71.00 -20.59 (-22.48%)
Jul 15, 3:51 PM EDT - Disclaimer
Founder: Pierre Naudé (CEO); Pullen Daniel; Nathan Snell; James "Chip" S. Mahan III; Neil Underwood
Subsidiary: Visible Equity LLC
Type of business: Publicly listed company

... CLOUD BANK ... $NCNO

... i bought the dip ... #LootWallStreet

nCino Inc. , a maker of cloud-based software provider for financial institutions, soared 154% in their trading debut Tuesday, after the company priced its initial public offering above an already increased price range. The IPO priced at $31 late Monday. The company's original price range was $22 to $24, and that was raised to $28 to $29 in a recent regulatory filing. The company sold 8.06 million shares to raise $249.86 million. The company upsized the deal from an original plan to offer 7.6 million shares. nCino shares trading on Nasdaq later Tuesday, under the ticker 'NCNO.' There were seven banks underwriting the deal, led by BofA and Barclays. Proceeds will be used for general corporate purposes and working capital. "We empower banks and credit unions with the technology they need to meet ever-changing client expectations and regulatory requirements, gain increased visibility into their operations and performance, replace legacy systems, and operate digitally and more competitively," the company says in its prospectus.

76.70 > 100 shares

WOw.....



where did you buy NCNO?

Bubble bursting IPO > Cloud Company Ncino's Shares Soar 154% In Trading Debut -- MarketWatch
12:04 pm ET July 14, 2020 (MarketWatch)
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Shares of nCino Inc. , a maker of cloud-based software provider for financial institutions, soared 154% in their trading debut Tuesday, after the company priced its initial public offering above an already increased price range. The IPO priced at $31 late Monday. The company's original price range was $22 to $24, and that was raised to $28 to $29 in a recent regulatory filing. The company sold 8.06 million shares to raise $249.86 million. The company upsized the deal from an original plan to offer 7.6 million shares. nCino shares trading on Nasdaq later Tuesday, under the ticker 'NCNO.' There were seven banks underwriting the deal, led by BofA and Barclays. Proceeds will be used for general corporate purposes and working capital. "We empower banks and credit unions with the technology they need to meet ever-changing client expectations and regulatory requirements, gain increased visibility into their operations and performance, replace legacy systems, and operate digitally and more competitively," the company says in its prospectus.