BILL Holdings, Inc. $BILL Stock Holdings Lowered by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in shares of BILL Holdings, Inc. (NYSE:BILL) by 28.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 241,431 shares of the company’s stock after selling 95,398 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in BILL were worth $8,730,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in BILL. Versant Capital Management Inc grew its position in BILL by 147.3% in the second quarter. Versant Capital Management Inc now owns 722 shares of the company’s stock worth $26,000 after buying an additional 430 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of BILL by 972.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after acquiring an additional 486 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of BILL during the 4th quarter worth $28,000. State of Wyoming bought a new stake in shares of BILL during the 1st quarter worth $32,000. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of BILL by 173.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after acquiring an additional 452 shares during the last quarter. 97.99% of the stock is currently owned by institutional investors.

Insider Activity at BILL

In other BILL news, CEO Rene A. Lacerte sold 42,248 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $50.17, for a total value of $2,119,582.16. Following the transaction, the chief executive officer owned 163,125 shares in the company, valued at approximately $8,183,981.25. This represents a 20.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Cieri sold 10,754 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $49.13, for a total transaction of $528,344.02. Following the completion of the sale, the insider owned 997 shares of the company’s stock, valued at approximately $48,982.61. The trade was a 91.52% decrease in their position. The SEC filing for this sale provides additional information. 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. Over the last 90 days, insiders have sold 267,997 shares of company stock valued at $13,057,984. 13.20% of the stock is currently owned by corporate insiders.

BILL Stock Down 0.1%

NYSE:BILL opened at $49.11 on Tuesday. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of -377.77, a PEG ratio of 0.74 and a beta of 1.10. BILL Holdings, Inc. has a 1-year low of $31.41 and a 1-year high of $57.21. 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 business’s fifty day moving average price is $45.73 and its 200 day moving average price is $40.94.

BILL (NYSE:BILL) last announced its quarterly earnings data on Wednesday, August 19th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.13. BILL had a positive return on equity of 3.74% and a negative net margin of 0.68%.The firm had revenue of $436.19 million during the quarter, compared to analyst estimates of $430.55 million. During the same period last year, the company posted $0.53 EPS. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. BILL has set its Q1 2027 guidance at 0.960-1.000 EPS and its FY 2027 guidance at 3.560-3.790 EPS. On average, sell-side analysts forecast that BILL Holdings, Inc. will post 2.22 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Wall Street Zen raised BILL from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Morgan Stanley increased their price target on BILL from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Thursday, August 20th. Jefferies Financial Group lifted their price target on BILL from $50.00 to $56.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Keefe, Bruyette & Woods boosted their price objective on BILL from $46.00 to $54.00 and gave the stock a “market perform” rating in a report on Thursday, August 20th. Finally, Robert W. Baird upped their price objective on shares of BILL from $50.00 to $54.00 and gave the company a “neutral” rating in a research note 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 given a Sell rating to the stock. According to data from MarketBeat.com, BILL currently has a consensus rating of “Moderate Buy” and an average price target of $58.67.

About BILL

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.