BILL (NYSE:BILL) Insider Sells $528,344.02 in Stock

BILL Holdings, Inc. (NYSE:BILL) insider Michael Cieri sold 10,754 shares of BILL stock in a transaction 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 transaction, the insider owned 997 shares in the company, valued at $48,982.61. The trade was a 91.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 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 Performance

Shares of NYSE:BILL opened at $50.74 on Friday. The firm has a market capitalization of $4.33 billion, a PE ratio of -390.31, a P/E/G ratio of 0.73 and a beta of 1.10. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.51 and a quick ratio of 1.51. The business has a 50-day moving average of $45.20 and a two-hundred day moving average of $40.90. BILL Holdings, Inc. has a 12 month low of $31.41 and a 12 month high of $57.21.

BILL (NYSE:BILL) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.13. The company had revenue of $436.19 million for the quarter, compared to the consensus estimate of $430.55 million. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%.The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the business posted $0.53 EPS. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. As a group, research analysts forecast that BILL Holdings, Inc. will post 2.22 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Zacks Research upgraded shares of BILL from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 26th. Weiss Ratings downgraded shares of BILL from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday. JPMorgan Chase & Co. reduced their target price on shares of BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, June 5th. BTIG Research restated a “buy” rating and set a $60.00 target price on shares of BILL in a report on Thursday, August 20th. Finally, Wolfe Research upped their price target on shares of BILL from $57.00 to $60.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $58.67.

Institutional Trading of BILL

Large investors have recently bought and sold shares of the company. Alternative Investment Advisors LLC. purchased a new stake in shares of BILL during the second quarter valued at approximately $2,504,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in BILL during the 2nd quarter valued at $383,000. California State Teachers Retirement System increased its stake in BILL by 3,421.2% during the 2nd quarter. California State Teachers Retirement System now owns 3,531,603 shares of the company’s stock worth $127,703,000 after buying an additional 3,431,307 shares during the period. Greenland Capital Management LP acquired a new position in BILL in the 2nd quarter worth $608,000. Finally, AlphaGrep UK Ltd acquired a new position in BILL in the 2nd quarter worth $1,274,000. Institutional investors and hedge funds own 97.99% of the company’s stock.

BILL Company Profile

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.