Billiontoone (NASDAQ:BLLN) SVP Sells $297,995.10 in Stock

Billiontoone, Inc. (NASDAQ:BLLN) SVP Bosch John Roderick Ten sold 2,834 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $105.15, for a total value of $297,995.10. Following the completion of the sale, the senior vice president directly owned 19,385 shares of the company’s stock, valued at $2,038,332.75. The trade was a 12.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bosch John Roderick Ten also recently made the following trade(s):

• On Thursday, September 24th, Bosch John Roderick Ten sold 1,416 shares of Billiontoone stock. The shares were sold at an average price of $120.00, for a total transaction of $169,920.00.
• On Monday, September 21st, Bosch John Roderick Ten sold 1,416 shares of Billiontoone stock. The stock was sold at an average price of $106.61, for a total transaction of $150,959.76.
• On Wednesday, September 9th, Bosch John Roderick Ten sold 1,416 shares of Billiontoone stock. The stock was sold at an average price of $97.54, for a total transaction of $138,116.64.
• On Tuesday, August 25th, Bosch John Roderick Ten sold 1,417 shares of Billiontoone stock. The shares were sold at an average price of $100.00, for a total transaction of $141,700.00.
• On Monday, August 10th, Bosch John Roderick Ten sold 1,417 shares of Billiontoone stock. The shares were sold at an average price of $92.86, for a total transaction of $131,582.62.

Billiontoone Price Performance

BLLN stock opened at $98.09 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 11.69 and a quick ratio of 11.31. Billiontoone, Inc. has a 1 year low of $61.96 and a 1 year high of $150.44. The firm has a 50-day moving average of $103.57 and a 200 day moving average of $100.78. The company has a market cap of $4.63 billion and a P/E ratio of 140.13.

Billiontoone (NASDAQ:BLLN) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, meeting the consensus estimate of $0.15. The business had revenue of $109.45 million for the quarter. Billiontoone had a return on equity of 9.96% and a net margin of 8.04%. On average, sell-side analysts forecast that Billiontoone, Inc. will post 0.83 EPS for the current year.

Wall Street Analyst Weigh In

BLLN has been the subject of a number of research reports. Zacks Research upgraded Billiontoone from a “strong sell” rating to a “hold” rating in a report on Friday, October 2nd. Guggenheim upped their target price on shares of Billiontoone from $125.00 to $128.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. Canaccord Genuity Group initiated coverage on shares of Billiontoone in a research note on Wednesday, September 2nd. They issued a “buy” rating and a $120.00 price target for the company. JPMorgan Chase & Co. lowered their price target on shares of Billiontoone from $145.00 to $130.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Finally, Wall Street Zen cut shares of Billiontoone from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Billiontoone has a consensus rating of “Moderate Buy” and an average price target of $126.25.

Institutional Investors Weigh In On Billiontoone

Several hedge funds have recently added to or reduced their stakes in BLLN. Adams Street Partners LLC bought a new position in shares of Billiontoone during the fourth quarter valued at $140,063,000. Wasatch Advisors LP grew its position in Billiontoone by 40.2% during the 2nd quarter. Wasatch Advisors LP now owns 518,084 shares of the company’s stock valued at $62,160,000 after purchasing an additional 148,446 shares during the last quarter. Emerald Advisers LLC increased its stake in Billiontoone by 26.8% during the 1st quarter. Emerald Advisers LLC now owns 239,562 shares of the company’s stock valued at $18,911,000 after purchasing an additional 50,613 shares in the last quarter. Capital International Investors bought a new stake in Billiontoone during the 4th quarter valued at about $14,568,000. Finally, Emerald Mutual Fund Advisers Trust raised its holdings in Billiontoone by 11.9% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 132,206 shares of the company’s stock worth $10,436,000 after buying an additional 14,072 shares during the last quarter.

About Billiontoone

BillionToOne, Inc (NASDAQ:BLLN) is a molecular diagnostics company that develops blood-based genetic tests designed to provide more information from small amounts of cell-free DNA. The company’s platform uses proprietary molecular counting technology to improve the sensitivity and accuracy of diagnostic testing.

BillionToOne’s primary business is reproductive health testing. Its UNITY portfolio is designed to support prenatal screening, including testing for chromosomal conditions and single-gene disorders, and is intended to provide physicians and expectant parents with information from a maternal blood sample.