Bill.com Holdings, Inc. (NYSE:BILL) CFO Sells $1,273,341.30 in Stock

Bill.com Holdings, Inc. (NYSE:BILL) CFO John R. Rettig sold 8,358 shares of the stock in a transaction on Monday, June 7th. The stock was sold at an average price of $152.35, for a total transaction of $1,273,341.30. Following the sale, the chief financial officer now directly owns 65,858 shares in the company, valued at $10,033,466.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of NYSE BILL opened at $155.93 on Friday. The firm has a 50-day simple moving average of $150.82. The firm has a market capitalization of $14.69 billion, a PE ratio of -190.16 and a beta of 2.39. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.88 and a quick ratio of 1.88. Bill.com Holdings, Inc. has a 52 week low of $70.34 and a 52 week high of $195.95.

Bill.com (NYSE:BILL) last issued its earnings results on Thursday, May 6th. The company reported ($0.02) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.05. The business had revenue of $59.74 million during the quarter, compared to analysts’ expectations of $54.51 million. Bill.com had a negative net margin of 32.83% and a negative return on equity of 6.09%. The company’s quarterly revenue was up 44.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.03) earnings per share. Equities research analysts expect that Bill.com Holdings, Inc. will post -0.69 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Synovus Financial Corp increased its position in Bill.com by 3.4% during the fourth quarter. Synovus Financial Corp now owns 2,593 shares of the company’s stock worth $354,000 after purchasing an additional 85 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Bill.com by 1.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 8,985 shares of the company’s stock worth $1,226,000 after purchasing an additional 165 shares during the last quarter. Trustcore Financial Services LLC increased its position in Bill.com by 7.6% during the fourth quarter. Trustcore Financial Services LLC now owns 2,351 shares of the company’s stock worth $321,000 after purchasing an additional 166 shares during the last quarter. San Francisco Sentry Investment Group CA acquired a new stake in Bill.com during the first quarter worth about $25,000. Finally, Vestmark Advisory Solutions Inc. increased its position in Bill.com by 5.0% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 4,280 shares of the company’s stock worth $584,000 after purchasing an additional 204 shares during the last quarter. Institutional investors and hedge funds own 94.83% of the company’s stock.

A number of analysts recently issued reports on BILL shares. Needham & Company LLC reissued a “buy” rating and set a $170.00 price target on shares of Bill.com in a report on Wednesday, May 5th. Susquehanna began coverage on shares of Bill.com in a report on Tuesday, March 16th. They set a “neutral” rating and a $160.00 price target on the stock. KeyCorp upped their price objective on shares of Bill.com from $165.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, May 7th. Susquehanna Bancshares began coverage on shares of Bill.com in a research report on Tuesday, March 16th. They set a “neutral” rating and a $160.00 price objective for the company. Finally, Berenberg Bank began coverage on shares of Bill.com in a research report on Thursday, April 8th. They set a “hold” rating and a $140.00 price objective for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Bill.com has a consensus rating of “Hold” and an average price target of $152.71.

Bill.com Company Profile

Bill.com Holdings, Inc provides cloud-based software that digitizes and automates back-office financial operations for small and midsize businesses worldwide. It offers artificial-intelligence (AI)-enabled financial software platform. The company provides software-as-a-service, cloud-based payments 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, manage cash flows, and enhance office efficiency.

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Insider Buying and Selling by Quarter for Bill.com (NYSE:BILL)

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