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InsideArbitrage June 2025 Mid-Month Update – nCino

  • June 17, 2025

nCino (NCNO): $26.90

Market Cap: $3.11B

Enterprise Value: $3.26B

Well over a decade ago, my brother, who at the time was working on a technology implementation project for GEICO, mentioned the software company Guidewire (GWRE) to me and said that a lot of insurance companies were using their software. I unfortunately did not act on this piece of scuttlebutt and before I knew it, the stock was more than a 10 bagger and is up nearly 1,400% since the company went public in January 2012.

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