Published on 22 Oct 2024 on GuruFocus.com · via Yahoo Finance
HMI Capital Management, L.P. Expands Stake in Ncino Inc
Introduction to the Transaction
On October 14, 2024, HMI Capital Management, L.P. (Trades, Portfolio) made a significant addition to its investment portfolio by acquiring 475,527 shares of Ncino Inc (NASDAQ:NCNO). This transaction increased the firm's total holdings in Ncino to 7,873,778 shares, marking a notable expansion in one of its top investments. The shares were purchased at a price of $35.07, reflecting a strategic move by the firm to bolster its position in the technology sector.
Profile of HMI Capital Management, L.P. (Trades, Portfolio)