Top 5 Stock Picks of Mick Hellman’s HMI Capital

2. nCino, Inc. (NASDAQ:NCNO)

Mick Hellman’s HMI Capital’s Stake Value: $415,949,000

Percentage of Mick Hellman’s HMI Capital’s 13F Portfolio: 12.47%

Stock Price as of December 29: $54.99

nCino, Inc. (NASDAQ:NCNO) is a financial technology company that executes its cloud-based software-as-a-service (SaaS) application known as nCino Bank Operating System to streamline the operations of financial institutions in bringing in new clients, giving out new loans, etc. nCino, Inc. (NASDAQ:NCNO) has more than 1,200 financial institutions as its client and has a workforce of 1,200 employees.

On December 2, Terry Tillman at Truist issued a price target of $90 on nCino, Inc. (NASDAQ:NCNO) with a Buy rating. The analyst highlighted that in the quarterly results, not only did nCino, Inc. (NASDAQ:NCNO) report the addition of new customers, but a record number of customers went live with the nCino Bank Operating System.