BILL Sees Unusually High Options Volume (NYSE:BILL)

BILL Holdings, Inc. (NYSE:BILL) saw unusually large options trading activity on Friday. Traders bought 12,509 call options on the stock. This is an increase of 33% compared to the average daily volume of 9,371 call options.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and issued a $75.00 price objective on shares of BILL in a research note on Monday, November 24th. UBS Group lowered their price target on BILL from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. JPMorgan Chase & Co. boosted their price objective on BILL from $55.00 to $60.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Wolfe Research raised BILL from a “peer perform” rating to an “outperform” rating and set a $70.00 target price on the stock in a report on Thursday, September 11th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of BILL in a research report on Monday, November 24th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $58.86.

BILL Price Performance

Shares of NYSE:BILL traded up $1.04 during midday trading on Friday, reaching $53.71. 754,852 shares of the company’s stock were exchanged, compared to its average volume of 2,848,866. BILL has a 12 month low of $36.55 and a 12 month high of $100.19. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.67 and a current ratio of 1.67. The firm has a market capitalization of $5.38 billion, a PE ratio of -198.73, a price-to-earnings-growth ratio of 7.30 and a beta of 1.35. The company’s 50 day simple moving average is $50.27 and its two-hundred day simple moving average is $47.19.

BILL (NYSE:BILL) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.10. The company had revenue of $395.74 million for the quarter, compared to analyst estimates of $390.91 million. BILL had a return on equity of 1.39% and a net margin of 0.79%.The company’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.63 EPS. BILL has set its FY 2026 guidance at 2.110-2.250 EPS and its Q2 2026 guidance at 0.540-0.570 EPS. Equities research analysts expect that BILL will post 0.12 earnings per share for the current fiscal year.

BILL announced that its Board of Directors has initiated a share repurchase program on Wednesday, August 27th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the company to buy up to 7.2% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Insider Activity at BILL

In related news, SVP Germaine Cota sold 1,104 shares of BILL stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $51.23, for a total value of $56,557.92. Following the completion of the sale, the senior vice president owned 10,812 shares of the company’s stock, valued at approximately $553,898.76. The trade was a 9.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 13.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On BILL

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans boosted its holdings in shares of BILL by 1.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock worth $1,165,000 after acquiring an additional 327 shares in the last quarter. Inlight Wealth Management LLC boosted its stake in BILL by 0.8% in the third quarter. Inlight Wealth Management LLC now owns 40,881 shares of the company’s stock worth $2,165,000 after purchasing an additional 334 shares in the last quarter. Quarry LP grew its holdings in shares of BILL by 85.9% during the first quarter. Quarry LP now owns 766 shares of the company’s stock worth $35,000 after purchasing an additional 354 shares during the last quarter. Brooklyn Investment Group increased its stake in shares of BILL by 73.6% in the first quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock valued at $41,000 after buying an additional 377 shares in the last quarter. Finally, State of Michigan Retirement System lifted its position in BILL by 1.8% during the 2nd quarter. State of Michigan Retirement System now owns 22,800 shares of the company’s stock worth $1,055,000 after buying an additional 400 shares in the last quarter. 97.99% of the stock is currently owned by institutional investors and hedge funds.

About 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.