Sepio Capital LP Purchases 1,207,769 Shares of BILL Holdings, Inc. $BILL

Sepio Capital LP boosted its position in BILL Holdings, Inc. (NYSE:BILL) by 1,251.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,304,267 shares of the company’s stock after buying an additional 1,207,769 shares during the quarter. BILL makes up about 2.2% of Sepio Capital LP’s investment portfolio, making the stock its 8th largest position. Sepio Capital LP’s holdings in BILL were worth $55,484,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its stake in shares of BILL by 1.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 18,100 shares of the company’s stock valued at $693,000 after purchasing an additional 300 shares during the period. Versant Capital Management Inc increased its position in BILL by 147.3% in the 2nd quarter. Versant Capital Management Inc now owns 722 shares of the company’s stock valued at $26,000 after acquiring an additional 430 shares during the period. Rockefeller Capital Management L.P. raised its stake in BILL by 173.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock valued at $39,000 after acquiring an additional 452 shares in the last quarter. Leonteq Securities AG raised its stake in BILL by 25.0% during the 1st quarter. Leonteq Securities AG now owns 2,753 shares of the company’s stock valued at $105,000 after acquiring an additional 551 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its position in BILL by 5.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 14,957 shares of the company’s stock worth $573,000 after acquiring an additional 797 shares during the period. Institutional investors own 97.99% of the company’s stock.

BILL Stock Up 3.4%

BILL opened at $50.66 on Friday. BILL Holdings, Inc. has a one year low of $31.41 and a one year high of $57.21. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.51 and a current ratio of 1.51. The stock’s fifty day moving average is $46.91 and its 200-day moving average is $42.01. The company has a market capitalization of $4.32 billion, a PE ratio of 40.50, a P/E/G ratio of 0.71 and a beta of 1.13.

BILL (NYSE:BILL) last announced its earnings results on Wednesday, August 19th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.13. The business had revenue of $436.19 million during the quarter, compared to analysts’ expectations of $430.55 million. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%. The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the business posted $0.53 earnings per share. 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 analysts predict that BILL Holdings, Inc. will post 2.30 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on BILL. Zacks Research raised BILL from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 26th. Truist Financial lifted their price objective on shares of BILL from $44.00 to $52.00 and gave the company a “hold” rating in a research note on Tuesday, September 1st. Needham & Company LLC reaffirmed a “buy” rating on shares of BILL in a report on Thursday, August 20th. UBS Group increased their target price on shares of BILL from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Finally, Jefferies Financial Group cut shares of BILL from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $58.67.

Insider Transactions at BILL

In other news, insider Michael Cieri sold 10,754 shares of BILL stock in a transaction that occurred 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 owned 997 shares of the company’s stock, valued at $48,982.61. The trade was a 91.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 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. Also, CEO Rene A. Lacerte sold 42,248 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $50.17, for a total transaction of $2,119,582.16. Following the completion of the sale, the chief executive officer owned 163,125 shares in the company, valued at $8,183,981.25. The trade was a 20.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 267,997 shares of company stock valued at $13,057,984 over the last three months. 13.20% of the stock is owned by corporate insiders.

About BILL

BILL Holdings, Inc provides financial operations software for small and midsize businesses, accountants and financial institutions. Its cloud-based platform is designed to automate and simplify back-office processes, including accounts payable, accounts receivable, expense management, budgeting and payments.

The company’s offerings enable businesses to receive and pay bills, send invoices, manage expenses, establish spending controls and connect financial workflows with accounting systems.