Bottomline Technologies Inc. (NASDAQ:EPAY)’s share price was up 2.1% during trading on Friday . The stock traded as high as $19.55 and last traded at $19.20, with a volume of 566,431 shares. The stock had previously closed at $18.80.

Several equities analysts have recently commented on EPAY shares. William Blair lowered shares of Bottomline Technologies from an “outperform” rating to a “market perform” rating in a report on Friday, April 29th. Zacks Investment Research upgraded shares of Bottomline Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, June 8th. Barrington Research restated an “outperform” rating and issued a $30.00 price objective on shares of Bottomline Technologies in a report on Wednesday, June 1st. Raymond James Financial Inc. lowered shares of Bottomline Technologies from an “outperform” rating to a “market perform” rating in a report on Friday, April 29th. Finally, First Analysis started coverage on shares of Bottomline Technologies in a report on Tuesday, June 28th. They issued an “overweight” rating and a $27.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $29.83.

The firm has a 50 day moving average of $21.19 and a 200 day moving average of $25.57. The firm’s market cap is $730.61 million.

In other Bottomline Technologies news, insider John Francis Kelly sold 2,991 shares of the business’s stock in a transaction on Friday, July 8th. The shares were sold at an average price of $21.52, for a total transaction of $64,366.32. Following the completion of the sale, the insider now owns 43,250 shares in the company, valued at $930,740. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Norman J. Deluca sold 2,500 shares of the business’s stock in a transaction on Friday, July 15th. The shares were sold at an average price of $22.35, for a total transaction of $55,875.00. Following the sale, the insider now owns 121,134 shares of the company’s stock, valued at approximately $2,707,344.90. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Bottomline Technologies stock. Rhumbline Advisers raised its stake in shares of Bottomline Technologies Inc. (NASDAQ:EPAY) by 7.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,396 shares of the company’s stock after buying an additional 3,480 shares during the period. Rhumbline Advisers owned about 0.14% of Bottomline Technologies worth $1,528,000 as of its most recent SEC filing.

Bottomline Technologies (de), Inc is a provider of cloud-based digital banking, fraud prevention, payment, financial document, insurance and healthcare solutions. The Company’s segments include Payments and Transactional Documents, Hosted Solutions and Digital Banking. The Company offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer’s location.

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