Armistice Capital LLC Buys 152,191 Shares of BILL Holdings, Inc. $BILL

Armistice Capital LLC boosted its holdings in BILL Holdings, Inc. (NYSE:BILL) by 127.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 271,389 shares of the company’s stock after purchasing an additional 152,191 shares during the quarter. Armistice Capital LLC’s holdings in BILL were worth $14,802,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of BILL. Caitong International Asset Management Co. Ltd grew its position in BILL by 972.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after purchasing an additional 486 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in shares of BILL in the 4th quarter worth about $28,000. CWM LLC boosted its holdings in shares of BILL by 1,000.0% in the 4th quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after buying an additional 730 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of BILL by 27.2% in the 4th quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock worth $68,000 after buying an additional 266 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its holdings in shares of BILL by 46.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock worth $69,000 after buying an additional 401 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company’s stock.

Key Headlines Impacting BILL

Here are the key news stories impacting BILL this week:

• Positive Sentiment: No direct positive company-specific developments were reported in the latest articles.
• Neutral Sentiment: One article discussed a Zacks screen highlighting computer and technology stocks with potential earnings upside, but BILL was not named specifically and the piece does not appear to be a direct driver of the stock.
• Negative Sentiment: The broader mix of headlines is centered on legislation, housing, and sports-related bills, which do not materially affect BILL’s payment software business and may reflect a lack of fresh company-specific buying interest.

BILL Price Performance

Shares of BILL stock opened at $32.14 on Thursday. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.48. The company has a market cap of $3.20 billion, a PE ratio of -3,211.09, a P/E/G ratio of 1.18 and a beta of 1.20. The business has a 50 day moving average of $37.08 and a 200 day moving average of $43.53. BILL Holdings, Inc. has a 52 week low of $31.52 and a 52 week high of $57.21.

BILL (NYSE:BILL) last announced its earnings results on Thursday, May 7th. The company reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.13. The company had revenue of $406.56 million during the quarter, compared to the consensus estimate of $403.76 million. BILL had a return on equity of 2.40% and a net margin of 0.01%.The firm’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.50 earnings per share. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. As a group, equities research analysts forecast that BILL Holdings, Inc. will post 0.95 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on BILL shares. Wall Street Zen upgraded BILL from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. The Goldman Sachs Group upped their price objective on shares of BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Truist Financial cut shares of BILL from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $45.00 to $35.00 in a research report on Wednesday, June 10th. Robert W. Baird upped their target price on BILL from $50.00 to $54.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Finally, BMO Capital Markets upped their target price on BILL from $43.00 to $46.00 and gave the stock a “market perform” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $55.80.

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.