BILL Holdings, Inc. (NYSE:BILL) Given Consensus Rating of “Hold” by Analysts

Shares of BILL Holdings, Inc. (NYSE:BILL) have earned an average rating of “Hold” from the twenty-one ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $83.53.

A number of equities research analysts recently issued reports on the stock. Piper Sandler lifted their price target on shares of BILL from $60.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Oppenheimer lifted their target price on shares of BILL from $70.00 to $83.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Robert W. Baird upped their price target on shares of BILL from $74.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 3rd. Keefe, Bruyette & Woods decreased their price target on shares of BILL from $100.00 to $95.00 and set a “market perform” rating on the stock in a research note on Monday. Finally, BNP Paribas raised BILL from a “neutral” rating to an “outperform” rating and set a $90.00 target price for the company in a report on Thursday, September 12th.

Insider Buying and Selling at BILL

In other BILL news, SVP Germaine Cota sold 1,525 shares of BILL stock in a transaction on Friday, November 8th. The stock was sold at an average price of $77.99, for a total value of $118,934.75. Following the sale, the senior vice president now owns 5,348 shares in the company, valued at $417,090.52. The trade was a 22.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alison Wagonfeld sold 779 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $90.00, for a total value of $70,110.00. Following the transaction, the director now owns 259 shares of the company’s stock, valued at approximately $23,310. This represents a 75.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,823 shares of company stock worth $218,887 in the last ninety days. 4.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BILL. GAMMA Investing LLC increased its position in shares of BILL by 74.9% during the fourth quarter. GAMMA Investing LLC now owns 306 shares of the company’s stock valued at $26,000 after acquiring an additional 131 shares during the last quarter. Brooklyn Investment Group purchased a new position in shares of BILL during the 3rd quarter worth approximately $28,000. Advisors Asset Management Inc. increased its holdings in BILL by 30.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,101 shares of the company’s stock valued at $58,000 after purchasing an additional 259 shares during the last quarter. Venturi Wealth Management LLC raised its position in BILL by 377.8% in the third quarter. Venturi Wealth Management LLC now owns 1,290 shares of the company’s stock valued at $68,000 after purchasing an additional 1,020 shares during the period. Finally, Covestor Ltd lifted its stake in BILL by 15.1% during the third quarter. Covestor Ltd now owns 1,897 shares of the company’s stock worth $100,000 after purchasing an additional 249 shares in the last quarter. Institutional investors and hedge funds own 97.99% of the company’s stock.

BILL Stock Down 1.5 %

Shares of BILL opened at $82.49 on Friday. The firm has a market cap of $8.54 billion, a P/E ratio of -249.97 and a beta of 1.72. BILL has a 12 month low of $43.11 and a 12 month high of $97.86. The stock’s 50 day moving average is $84.90 and its two-hundred day moving average is $63.72. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23.

BILL Company Profile

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.