Bottomline Technologies, Inc. (NASDAQ:EPAY) insider John Francis Kelly sold 3,977 shares of the company’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $29.54, for a total transaction of $117,480.58. Following the completion of the sale, the insider now directly owns 40,175 shares in the company, valued at $1,186,769.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of Bottomline Technologies, Inc. (EPAY) traded up 0.17% on Friday, reaching $28.96. 210,609 shares of the company traded hands. The stock’s 50 day moving average price is $27.84 and its 200-day moving average price is $25.51. The stock’s market capitalization is $1.09 billion. Bottomline Technologies, Inc. has a one year low of $18.95 and a one year high of $31.10.

Bottomline Technologies (NASDAQ:EPAY) last released its quarterly earnings results on Thursday, August 10th. The technology company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.12. The company had revenue of $93.50 million during the quarter, compared to the consensus estimate of $90.95 million. Bottomline Technologies had a negative net margin of 9.48% and a positive return on equity of 4.35%. The business’s revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 EPS. Equities analysts forecast that Bottomline Technologies, Inc. will post $1.06 earnings per share for the current fiscal year.

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A number of equities research analysts have recently commented on EPAY shares. BidaskClub lowered shares of Bottomline Technologies from a “buy” rating to a “hold” rating in a research note on Friday, June 16th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $26.00 price objective on shares of Bottomline Technologies in a research note on Wednesday, July 5th. UBS AG raised shares of Bottomline Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday, July 17th. Raymond James Financial, Inc. raised shares of Bottomline Technologies from a “market perform” rating to an “outperform” rating and set a $33.00 price objective on the stock in a research note on Monday, July 17th. Finally, FIX raised shares of Bottomline Technologies from a “market perform” rating to an “outperform” rating and set a $33.00 price objective on the stock in a research note on Monday, July 17th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $30.50.

Hedge funds have recently added to or reduced their stakes in the stock. Teton Advisors Inc. boosted its stake in Bottomline Technologies by 27.9% in the first quarter. Teton Advisors Inc. now owns 34,400 shares of the technology company’s stock valued at $814,000 after buying an additional 7,500 shares during the period. Comerica Bank boosted its stake in Bottomline Technologies by 7.0% in the first quarter. Comerica Bank now owns 42,018 shares of the technology company’s stock valued at $964,000 after buying an additional 2,747 shares during the period. Great West Life Assurance Co. Can boosted its stake in Bottomline Technologies by 7.8% in the first quarter. Great West Life Assurance Co. Can now owns 52,225 shares of the technology company’s stock valued at $1,235,000 after buying an additional 3,782 shares during the period. Mesirow Financial Investment Management Equity Management boosted its stake in Bottomline Technologies by 11.6% in the first quarter. Mesirow Financial Investment Management Equity Management now owns 760,630 shares of the technology company’s stock valued at $17,989,000 after buying an additional 79,135 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in Bottomline Technologies by 27.5% in the first quarter. Fisher Asset Management LLC now owns 497,455 shares of the technology company’s stock valued at $11,765,000 after buying an additional 107,384 shares during the period. Institutional investors and hedge funds own 92.46% of the company’s stock.

Bottomline Technologies Company Profile

Bottomline Technologies (de), Inc is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer’s location.

Insider Buying and Selling by Quarter for Bottomline Technologies (NASDAQ:EPAY)

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