Key Points
- BILL insider Michael Cieri sold 10,754 shares for approximately $528,344 at an average price of $49.13, reducing his direct holdings by 91.52% to 997 shares. The sale was conducted under a Rule 10b5-1 plan to cover tax obligations from vested equity awards.
- BILL shares opened at $47.57, down 3.4%, while the company reported quarterly EPS of $0.84 and revenue of $436.19 million, exceeding analyst estimates. Revenue increased 13.8% year over year.
- Analysts maintain a “Moderate Buy” consensus rating with an average price target of $58.67, while institutional investors own approximately 97.99% of BILL’s outstanding stock.
BILL Holdings, Inc. (NYSE:BILL - Get Free Report) insider Michael Cieri sold 10,754 shares of the firm's stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $49.13, for a total value of $528,344.02. Following the completion of the sale, the insider directly owned 997 shares in the company, valued at $48,982.61. This trade represents a 91.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
BILL Stock Down 3.4%
Shares of BILL stock opened at $47.57 on Wednesday. BILL Holdings, Inc. has a 12 month low of $31.41 and a 12 month high of $57.21. The firm has a market cap of $4.06 billion, a PE ratio of -365.92, a price-to-earnings-growth ratio of 0.76 and a beta of 1.09. The stock has a 50 day moving average of $44.54 and a 200-day moving average of $40.86. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.49.
BILL (NYSE:BILL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.13. The company had revenue of $436.19 million during the quarter, compared to analysts' expectations of $430.55 million. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%.BILL's revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.53 earnings per share. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. On average, equities analysts predict that BILL Holdings, Inc. will post 2.17 EPS for the current year.
Institutional Investors Weigh In On BILL
Several institutional investors and hedge funds have recently bought and sold shares of BILL. Pier Capital LLC acquired a new stake in shares of BILL in the fourth quarter valued at $5,064,000. Pacer Advisors Inc. raised its holdings in shares of BILL by 1,775.9% in the first quarter. Pacer Advisors Inc. now owns 338,085 shares of the company's stock valued at $12,949,000 after buying an additional 320,062 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in BILL by 743.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 264,036 shares of the company's stock worth $10,113,000 after buying an additional 232,731 shares in the last quarter. NewEdge Wealth LLC acquired a new position in BILL during the 4th quarter worth about $15,778,000. Finally, Lavelle Capital LP bought a new stake in BILL during the 1st quarter worth about $1,748,000. Institutional investors own 97.99% of the company's stock.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. BTIG Research restated a "buy" rating and issued a $60.00 price target on shares of BILL in a research report on Thursday, August 20th. JPMorgan Chase & Co. cut their price objective on shares of BILL from $60.00 to $50.00 and set an "overweight" rating for the company in a research report on Friday, June 5th. Keefe, Bruyette & Woods increased their target price on shares of BILL from $46.00 to $54.00 and gave the company a "market perform" rating in a research note on Thursday, August 20th. BMO Capital Markets lifted their target price on BILL from $46.00 to $55.00 and gave the stock a "market perform" rating in a research report on Thursday, August 20th. Finally, Oppenheimer set a $55.00 price target on BILL and gave the company an "outperform" rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $58.67.
View Our Latest Report on BILL
BILL Company Profile
(
Get Free Report)
BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency. It also offers onboarding implementation support, and ongoing support and training services.
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