BILL Holdings, Inc. $BILL Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC cut its stake in shares of BILL Holdings, Inc. (NYSE:BILL) by 22.0% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 37,452 shares of the company’s stock after selling 10,582 shares during the period. Voya Investment Management LLC’s holdings in BILL were worth $1,984,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Nomura Holdings Inc. raised its stake in shares of BILL by 7,753.6% during the second quarter. Nomura Holdings Inc. now owns 1,486,762 shares of the company’s stock valued at $68,778,000 after purchasing an additional 1,467,831 shares during the period. Contour Asset Management LLC acquired a new stake in BILL during the 1st quarter valued at $65,783,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in BILL by 133.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,038,609 shares of the company’s stock worth $93,552,000 after buying an additional 1,165,398 shares during the period. Norges Bank acquired a new position in BILL in the 2nd quarter worth $52,908,000. Finally, Temasek Holdings Private Ltd lifted its holdings in BILL by 36.4% in the 1st quarter. Temasek Holdings Private Ltd now owns 3,719,895 shares of the company’s stock worth $170,706,000 after buying an additional 992,591 shares in the last quarter. Hedge funds and other institutional investors own 97.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BILL. UBS Group dropped their target price on BILL from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. William Blair restated a “market perform” rating on shares of BILL in a research note on Friday, November 7th. Susquehanna cut their target price on BILL from $89.00 to $84.00 and set a “positive” rating on the stock in a research report on Friday, November 7th. Wolfe Research raised shares of BILL from a “peer perform” rating to an “outperform” rating and set a $70.00 price target for the company in a research report on Thursday, September 11th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of BILL in a research note on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $58.86.

Insiders Place Their Bets

In other BILL news, SVP Germaine Cota sold 1,104 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $51.23, for a total value of $56,557.92. Following the transaction, the senior vice president owned 10,812 shares of the company’s stock, valued at $553,898.76. This trade represents a 9.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 13.20% of the stock is currently owned by company insiders.

BILL Price Performance

Shares of NYSE BILL opened at $55.25 on Monday. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $5.53 billion, a price-to-earnings ratio of -204.64, a price-to-earnings-growth ratio of 7.79 and a beta of 1.35. BILL Holdings, Inc. has a twelve month low of $36.55 and a twelve month high of $100.19. The business has a 50 day simple moving average of $51.16 and a 200-day simple moving average of $48.35.

BILL (NYSE:BILL) last released its earnings results on Thursday, November 6th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.10. BILL had a net margin of 0.79% and a return on equity of 1.39%. The firm had revenue of $395.74 million during the quarter, compared to analyst estimates of $390.91 million. During the same quarter in the previous year, the firm earned $0.63 earnings per share. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.110-2.250 EPS and its Q2 2026 guidance at 0.540-0.570 EPS. As a group, equities research analysts expect that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

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.