BILL Holdings, Inc. (NYSE:BILL) Director Sells $29,842.50 in Stock


BILL Holdings, Inc. (NYSE:BILL) Director Sells $29,842.50 in Stock

BILL Holdings, Inc. (NYSE:BILL - Get Free Report) Director Alison Wagonfeld sold 519 shares of the firm's stock in a transaction on Monday, October 21st. The shares were sold at an average price of $57.50, for a total transaction of $29,842.50. Following the sale, the director now owns 1,038 shares in the company, valued at $59,685. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

BILL stock traded down $0.95 during mid-day trading on Wednesday, reaching $55.30. The company had a trading volume of 949,608 shares, compared to its average volume of 1,914,939. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.55 and a quick ratio of 1.55. The company has a market capitalization of $5.87 billion, a PE ratio of -70.00 and a beta of 1.61. The firm has a 50 day moving average of $53.27 and a 200 day moving average of $53.75. BILL Holdings, Inc. has a 12 month low of $43.11 and a 12 month high of $105.81.

BILL (NYSE:BILL - Get Free Report) last issued its earnings results on Thursday, August 22nd. The company reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.11. The business had revenue of $343.67 million for the quarter, compared to the consensus estimate of $328.27 million. BILL had a negative net margin of 2.24% and a positive return on equity of 1.13%. The company's revenue for the quarter was up 16.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 EPS. On average, equities analysts predict that BILL Holdings, Inc. will post -0.58 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in BILL. Advisors Asset Management Inc. lifted its position in shares of BILL by 75.0% in the 1st quarter. Advisors Asset Management Inc. now owns 658 shares of the company's stock worth $45,000 after purchasing an additional 282 shares during the period. Versant Capital Management Inc purchased a new stake in shares of BILL in the 2nd quarter worth approximately $46,000. Benjamin F. Edwards & Company Inc. lifted its position in shares of BILL by 57.2% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 811 shares of the company's stock worth $56,000 after purchasing an additional 295 shares during the period. UniSuper Management Pty Ltd lifted its position in shares of BILL by 100.0% in the 1st quarter. UniSuper Management Pty Ltd now owns 1,400 shares of the company's stock worth $96,000 after purchasing an additional 700 shares during the period. Finally, Blue Trust Inc. lifted its position in shares of BILL by 1,167.5% in the 3rd quarter. Blue Trust Inc. now owns 1,914 shares of the company's stock worth $101,000 after purchasing an additional 1,763 shares during the period. 97.99% of the stock is currently owned by institutional investors.

A number of analysts have issued reports on BILL shares. Canaccord Genuity Group reiterated a "buy" rating and issued a $100.00 price target on shares of BILL in a report on Friday, August 23rd. BMO Capital Markets reduced their price target on shares of BILL from $75.00 to $57.00 and set a "market perform" rating on the stock in a report on Monday, August 26th. Needham & Company LLC reiterated a "buy" rating and issued a $100.00 price target on shares of BILL in a report on Friday, August 23rd. Mizuho reduced their price target on shares of BILL from $60.00 to $52.00 and set a "neutral" rating on the stock in a report on Wednesday, August 28th. Finally, BNP Paribas upgraded shares of BILL from a "neutral" rating to an "outperform" rating and set a $90.00 price target on the stock in a report on Thursday, September 12th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $70.71.

Check Out Our Latest Stock Analysis on BILL

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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