Two Sigma Securities LLC Acquires Shares of 11,730 BILL Holdings, Inc. $BILL

Two Sigma Securities LLC bought a new position in BILL Holdings, Inc. (NYSE:BILL) in the 2nd quarter, Holdings Channel.com reports. The fund bought 11,730 shares of the company’s stock, valued at approximately $424,000.

A number of other institutional investors have also modified their holdings of the stock. Versant Capital Management Inc lifted its position in shares of BILL by 147.3% during the second quarter. Versant Capital Management Inc now owns 722 shares of the company’s stock worth $26,000 after purchasing an additional 430 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in BILL by 972.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after buying an additional 486 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in BILL during the fourth quarter valued at approximately $28,000. State of Wyoming acquired a new stake in BILL during the first quarter valued at approximately $32,000. Finally, Rockefeller Capital Management L.P. lifted its holdings in BILL by 173.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after buying an additional 452 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on BILL shares. BTIG Research reiterated a “buy” rating and issued a $60.00 target price on shares of BILL in a research report on Thursday, August 20th. Jefferies Financial Group lifted their price objective on shares of BILL from $50.00 to $56.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Wall Street Zen raised shares of BILL from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. BMO Capital Markets raised their price target on shares of BILL from $46.00 to $55.00 and gave the stock a “market perform” rating in a research report on Thursday, August 20th. Finally, Robert W. Baird boosted their price objective on shares of BILL from $50.00 to $54.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $58.67.

BILL Trading Up 2.4%

Shares of NYSE BILL opened at $48.78 on Thursday. BILL Holdings, Inc. has a 12-month low of $31.41 and a 12-month high of $57.21. The company has a market cap of $4.16 billion, a price-to-earnings ratio of -375.20, a price-to-earnings-growth ratio of 0.71 and a beta of 1.10. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.49. The stock’s 50 day simple moving average is $44.85 and its 200 day simple moving average is $40.87.

BILL (NYSE:BILL) last issued its earnings results on Wednesday, August 19th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.13. The firm had revenue of $436.19 million for the quarter, compared to analyst estimates of $430.55 million. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%.The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the company earned $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. Equities research analysts expect that BILL Holdings, Inc. will post 2.22 EPS for the current year.

Insider Buying and Selling at BILL

In related news, insider Michael Cieri sold 10,754 shares of BILL stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $49.13, for a total value of $528,344.02. Following the sale, the insider directly owned 997 shares in the company, valued at $48,982.61. This trade represents a 91.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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. 13.20% of the stock is currently owned by company insiders.

BILL 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. It also offers onboarding implementation support, and ongoing support and training services.