{
  "id": 13608625,
  "title": "Ncino CEO Sean Desmond sells $150,716 of NCNO stock",
  "url": "https://urgent.news/2026/10/11/ncino-ceo-sean-desmond-sells-150-716-of-ncno-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-11T01:30:56.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/ncino-ceo-sean-desmond-sells-150716-of-ncno-stock-93CH-4942392"
  },
  "original_language": "en",
  "account": "On October 5, 2026, nCino CEO Sean Desmond sold 8,064 shares of the company's common stock, netting $150,716. The sale was made in conjunction with the exercise of stock options, which were exercised at a price of $4.98 per share, resulting in a total cost of $40,158. Both the option exercise and the stock sale were carried out according to a pre-established Rule 10b5-1 trading plan, adopted by Desmond on January 6, 2026. The CEO now owns a total of 1,231,080 shares of nCino common stock, as well as 164,164 derivative securities in the form of stock options. The stock price has since increased to $19.73, surpassing Desmond's sale price of $18.69. Analysts have noted that nCino appears undervalued at current levels, with eight analysts revising earnings estimates upwards. The company recently reported strong second-quarter results, with revenue and profit exceeding expectations. In addition, nCino has successfully transitioned a significant portion of its annual contract value to a new pricing model ahead of schedule. Various financial institutions have raised their price targets for the stock, reflecting confidence in the company's growth prospects and strategic advancements.",
  "summary": null,
  "key_points": [
    "CEO Sean Desmond sold 8,064 NCNO shares for $150,716",
    "Sale executed via Rule 10b5-1 plan on January 6, 2026",
    "nCino stock price since increased to $19.73"
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/13608625.png",
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "InnSuites Hospitality Trust CEO Wirth sells $2.17b in IHT stock",
        "url": "https://urgent.news/2026/10/10/innsuites-hospitality-trust-ceo-wirth-sells-2-17b-in-iht-stock",
        "published": "2026-10-10T22:46:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}