Germaine Cota Sells 1,104 Shares of BILL (NYSE:BILL) Stock

BILL Holdings, Inc. (NYSE:BILL) SVP Germaine Cota sold 1,104 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $51.23, for a total transaction of $56,557.92. Following the completion of the transaction, the senior vice president directly owned 10,812 shares in the company, valued at approximately $553,898.76. This represents a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

BILL Trading Up 3.0%

Shares of NYSE:BILL traded up $1.50 during midday trading on Wednesday, hitting $51.75. 1,606,715 shares of the stock were exchanged, compared to its average volume of 2,524,115. The business’s 50-day moving average price is $50.29 and its 200 day moving average price is $47.12. BILL Holdings, Inc. has a 12 month low of $36.55 and a 12 month high of $100.19. The stock has a market capitalization of $5.18 billion, a price-to-earnings ratio of -191.67, a P/E/G ratio of 7.09 and a beta of 1.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.67 and a current ratio of 1.67.

BILL (NYSE:BILL) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.10. The company had revenue of $395.74 million for the quarter, compared to the consensus estimate of $390.91 million. BILL had a return on equity of 1.39% and a net margin of 0.79%.The firm’s revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Analysts predict that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Zacks Research upgraded shares of BILL from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. increased their price objective on shares of BILL from $55.00 to $60.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. BMO Capital Markets cut their price objective on shares of BILL from $56.00 to $54.00 and set a “market perform” rating for the company in a report on Friday, November 7th. Canaccord Genuity Group reissued a “buy” rating and set a $75.00 target price on shares of BILL in a research report on Thursday, August 28th. Finally, Citigroup upgraded BILL to a “strong-buy” rating in a report on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.86.

Hedge Funds Weigh In On BILL

Several hedge funds and other institutional investors have recently made changes to their positions in BILL. Thrivent Financial for Lutherans lifted its stake in BILL by 1.3% during 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 in the last quarter. Inlight Wealth Management LLC increased its stake in shares of BILL by 0.8% during the 3rd 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 increased its stake in shares of BILL by 85.9% during the 1st quarter. Quarry LP now owns 766 shares of the company’s stock valued at $35,000 after acquiring an additional 354 shares during the last quarter. Brooklyn Investment Group boosted its position in BILL by 73.6% during the 1st quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock worth $41,000 after purchasing an additional 377 shares during the period. Finally, State of Michigan Retirement System increased its stake 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 during the period. Hedge funds and other institutional investors 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.