Michael Cieri Sells 10,754 Shares of BILL (NYSE:BILL) 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 sale, the insider directly owned 997 shares of the company’s stock, valued at approximately $48,982.61. This trade represents a 91.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 Price Performance

BILL opened at $48.78 on Thursday. BILL Holdings, Inc. has a 12-month low of $31.41 and a 12-month high of $57.21. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.49. The business’s fifty day simple moving average is $44.85 and its 200-day simple moving average is $40.87. The company has a market capitalization of $4.16 billion, a price-to-earnings ratio of -375.20, a PEG ratio of 0.71 and a beta of 1.10.

BILL (NYSE:BILL) last announced its quarterly earnings results on Wednesday, August 19th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.71 by $0.13. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%.The firm had revenue of $436.19 million for the quarter, compared to analyst estimates of $430.55 million. During the same quarter last year, the firm posted $0.53 earnings per share. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. 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 research analysts anticipate that BILL Holdings, Inc. will post 2.22 earnings per share for the current fiscal year.

Hedge Funds Weigh In On BILL

Several hedge funds have recently modified their holdings of BILL. UMB Bank n.a. boosted its stake in BILL by 21.8% in the 4th quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock worth $73,000 after purchasing an additional 239 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of BILL by 1.7% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 18,100 shares of the company’s stock valued at $693,000 after acquiring an additional 300 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of BILL by 1.3% in the second quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock worth $1,165,000 after purchasing an additional 327 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in BILL by 46.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock valued at $69,000 after buying an additional 401 shares during the last quarter. Finally, Versant Capital Management Inc raised its position in BILL by 147.3% during the 2nd quarter. Versant Capital Management Inc now owns 722 shares of the company’s stock worth $26,000 after buying an additional 430 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on BILL. Needham & Company LLC reiterated a “buy” rating on shares of BILL in a research note on Thursday, August 20th. UBS Group boosted their price objective on shares of BILL from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Robert W. Baird upped their target price on BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. The Goldman Sachs Group increased their target price on BILL from $50.00 to $57.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Finally, Jefferies Financial Group boosted their price objective on shares of BILL from $50.00 to $56.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $58.67.

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.