SCHEDULE 13G/A: Vanguard Group Discloses 10.07% Stake in nCino Inc. Common Stock
Beneficial Ownership Report (Schedule 13G Amendment)
The Vanguard Group has filed an amended Schedule 13G, reporting a beneficial ownership of 10.07% in nCino Inc.'s common stock as of March 31, 2025.
Summary
- The Vanguard Group, an investment adviser based in Malvern, PA, has filed an Amendment No. 5 to Schedule 13G regarding its beneficial ownership in nCino Inc.
- As of March 31, 2025, The Vanguard Group beneficially owns an aggregate of 11,666,955 shares of nCino Inc. Common Stock.
- This ownership represents 10.07% of the class of securities.
- Vanguard holds sole voting power over 0 shares, shared voting power over 39,388 shares, sole dispositive power over 11,516,591 shares, and shared dispositive power over 150,364 shares.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of nCino Inc.
Sentiment
Score: 6
Explanation: The document is a factual disclosure of beneficial ownership by a large institutional investor. While it doesn't contain performance data, a significant stake by Vanguard can be seen as a neutral to slightly positive signal for the issuer, indicating institutional interest and liquidity.
Positives
- A significant stake (10.07%) held by a major institutional investor like The Vanguard Group can signal confidence in the company's long-term prospects.
- The filing indicates that Vanguard's holdings are for ordinary course of business, not for control purposes, suggesting a passive investment strategy.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of institutional ownership, common in the financial industry. Large asset managers like Vanguard frequently hold significant passive stakes across numerous publicly traded companies as part of their diversified investment strategies, reflecting their clients' broad market exposure.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, which can influence market perception and liquidity.
- Company Management: Awareness of a large, passive institutional investor on their shareholder register.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement (beneficial ownership calculation date). |
| 04/07/2025 | Date the Schedule 13G Amendment No. 5 was signed by The Vanguard Group. |
Keywords
nCino Inc, Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Adviser
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