BILL Holdings, Inc. (NYSE:BILL – Get Free Report) 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 transaction, the insider directly owned 997 shares of the company’s stock, valued at approximately $48,982.61. The trade was a 91.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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
Shares of BILL stock traded down $1.66 during trading hours on Tuesday, hitting $47.57. 1,581,995 shares of the company’s stock were exchanged, compared to its average volume of 2,610,957. BILL Holdings, Inc. has a 52 week low of $31.41 and a 52 week high of $57.21. The stock has a market cap of $4.06 billion, a price-to-earnings ratio of -365.92, a price-to-earnings-growth ratio of 0.77 and a beta of 1.13. 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 stock’s 50-day moving average is $44.24 and its 200-day moving average is $40.85.
BILL (NYSE:BILL – Get Free Report) last issued 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 firm had revenue of $436.19 million for the quarter, compared to analyst estimates of $430.55 million. BILL had a negative net margin of 0.68% and a positive return on equity of 3.74%. The company’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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 2.17 EPS for the current year.
Analyst Upgrades and Downgrades
Read Our Latest Report on BILL
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Empowered Funds LLC increased its holdings in BILL by 50.3% in the first quarter. Empowered Funds LLC now owns 8,002 shares of the company’s stock valued at $367,000 after purchasing an additional 2,678 shares during the last quarter. Prudential Financial Inc. boosted its holdings in BILL by 19.6% during the second quarter. Prudential Financial Inc. now owns 9,992 shares of the company’s stock worth $462,000 after buying an additional 1,637 shares during the last quarter. California Public Employees Retirement System grew its position in shares of BILL by 2.2% during the 2nd quarter. California Public Employees Retirement System now owns 167,487 shares of the company’s stock worth $7,748,000 after buying an additional 3,602 shares during the period. AXA S.A. grew its position in shares of BILL by 121.7% during the 2nd quarter. AXA S.A. now owns 58,346 shares of the company’s stock worth $2,699,000 after buying an additional 32,024 shares during the period. Finally, Bayesian Capital Management LP bought a new stake in shares of BILL in the 2nd quarter valued at about $1,624,000. Institutional investors and hedge funds own 97.99% of the company’s stock.
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. It also offers onboarding implementation support, and ongoing support and training services.
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