BILL Holdings, Inc. (NYSE:BILL) Insider Rajesh A. Aji Sells 248 Shares

BILL Holdings, Inc. (NYSE:BILLGet Free Report) insider Rajesh A. Aji sold 248 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $76.14, for a total value of $18,882.72. Following the transaction, the insider now owns 8,178 shares in the company, valued at approximately $622,672.92. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

BILL Stock Performance

BILL stock opened at $65.46 on Monday. The stock has a market capitalization of $6.99 billion, a PE ratio of -60.61 and a beta of 1.74. BILL Holdings, Inc. has a 12-month low of $51.94 and a 12-month high of $139.50. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.41. The stock’s 50 day simple moving average is $76.13 and its 200 day simple moving average is $89.93.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Canaccord Genuity Group reduced their target price on BILL from $175.00 to $100.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. The Goldman Sachs Group reduced their target price on BILL from $137.00 to $84.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. William Blair downgraded BILL from an “outperform” rating to a “market perform” rating in a report on Friday, November 3rd. TheStreet downgraded BILL from a “c-” rating to a “d+” rating in a report on Monday, December 4th. Finally, Oppenheimer boosted their price target on BILL from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, BILL currently has an average rating of “Moderate Buy” and a consensus target price of $110.95.

Check Out Our Latest Research Report on BILL

Hedge Funds Weigh In On BILL

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC bought a new position in shares of BILL during the 2nd quarter valued at $401,000. Frontier Capital Management Co. LLC increased its stake in shares of BILL by 72.8% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 854,625 shares of the company’s stock worth $99,863,000 after purchasing an additional 360,097 shares in the last quarter. Marshall Wace LLP increased its stake in shares of BILL by 356.6% in the 2nd quarter. Marshall Wace LLP now owns 230,809 shares of the company’s stock worth $26,970,000 after purchasing an additional 180,262 shares in the last quarter. Sepio Capital LP increased its stake in shares of BILL by 166.1% in the 3rd quarter. Sepio Capital LP now owns 106,281 shares of the company’s stock worth $11,539,000 after purchasing an additional 66,346 shares in the last quarter. Finally, River & Mercantile Asset Management LLP increased its stake in shares of BILL by 67.1% in the 2nd quarter. River & Mercantile Asset Management LLP now owns 9,960 shares of the company’s stock worth $1,164,000 after purchasing an additional 4,000 shares in the last quarter.

About BILL

(Get Free Report)

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.

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

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