IVY Lane Capital Management LLC Sells 38,000 Shares of BILL Holdings, Inc. $BILL

IVY Lane Capital Management LLC reduced its position in BILL Holdings, Inc. (NYSE:BILL) by 24.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 120,000 shares of the company’s stock after selling 38,000 shares during the period. BILL makes up about 7.1% of IVY Lane Capital Management LLC’s portfolio, making the stock its 5th largest position. IVY Lane Capital Management LLC’s holdings in BILL were worth $6,356,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Empowered Funds LLC lifted its stake in shares of BILL by 50.3% during the 1st quarter. Empowered Funds LLC now owns 8,002 shares of the company’s stock worth $367,000 after buying an additional 2,678 shares during the last quarter. Versor Investments LP raised its holdings in BILL by 117.2% in the 2nd quarter. Versor Investments LP now owns 20,768 shares of the company’s stock valued at $961,000 after acquiring an additional 11,205 shares during the period. State of Michigan Retirement System lifted its position in BILL by 1.8% during the second quarter. State of Michigan Retirement System now owns 22,800 shares of the company’s stock worth $1,055,000 after acquiring an additional 400 shares during the last quarter. Ceera Investments LLC lifted its position in BILL by 319.0% during the second quarter. Ceera Investments LLC now owns 24,010 shares of the company’s stock worth $1,111,000 after acquiring an additional 18,280 shares during the last quarter. Finally, Twin Capital Management Inc. boosted its holdings in shares of BILL by 98.5% during the second quarter. Twin Capital Management Inc. now owns 37,159 shares of the company’s stock worth $1,719,000 after acquiring an additional 18,441 shares during the period. Institutional investors and hedge funds own 97.99% of the company’s stock.

Key Stories Impacting BILL

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Zacks publishes a bullish note calling BILL a “top momentum stock” for the long term — this type of analyst/market commentary can attract momentum-driven buyers and support the stock after recent earnings and guidance. Why BILL Holdings (BILL) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: How Indiana’s new utility law could change electricity bills — likely no direct impact on BILL (payments/accounting software focus) but worth monitoring if it changes billing infrastructure or utility payment behavior. How Indiana’s new utility law could change your electricity bill
• Neutral Sentiment: Connecticut Senate passes an emergency bill on warehouse workers, nonprofits, taxes and bottle returns — policy news unlikely to move BILL’s payments/SMB-focused business directly. CT Senate clashes, passes ’emergency’ bill on warehouse workers, nonprofits, taxes, bottle returns
• Neutral Sentiment: Profiles and political coverage about Bill and Hillary Clinton — high public interest but no material effect on BILL Holdings’ business fundamentals. Bill and Hillary Clinton, battle-tested, gear up for another Washington fight
• Neutral Sentiment: NYT report on air-safety legislation failing in the House — sector-specific aviation policy, not tied to BILL’s payments/product set. Victims’ Families Stunned by Failure of Air Safety Bill in House
• Neutral Sentiment: Local coverage of Bill Clinton defending his past ties — political news without clear relevance to BILL Holdings. Bill Clinton says he ‘did nothing wrong’ with Epstein as he faces grilling over their relationship
• Neutral Sentiment: Timeline piece on Hillary and Bill Clinton’s marriage — general interest; no material impact on BILL. Hillary and Bill Clinton have been married for over 50 years. Here’s a timeline of their relationship.
• Neutral Sentiment: Bill Gates discussion of past Epstein ties — reputational story for a public figure, not connected to BILL Holdings’ operations. Bill Gates ‘took responsibility’ over Epstein ties in staff meeting, foundation says
• Neutral Sentiment: Oregon ski-area bill debate — regional/industry policy, unlikely to affect BILL’s payments platform materially. Oregon ski areas hate a bill that some lawmakers say will help save them
• Neutral Sentiment: Kansas “bathroom bill” takes effect — social/policy issue with no direct link to BILL’s financials. ‘Bathroom Bill’: Law impacting transgender Kansans takes effect
• Neutral Sentiment: New bill to prohibit DHS from using full-body restraints — criminal-justice policy, not relevant to BILL’s business. New bill seeks to prohibit DHS from using full-body restraints
• Neutral Sentiment: Ohio bill could cut university funding tied to DEI — higher-education funding policy, remote relevance to BILL’s SMB/customer base. Ohio universities could lose state funding under bill tracking ex-DEI employees, SB 1 compliance

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on BILL shares. Wall Street Zen upgraded BILL from a “hold” rating to a “buy” rating in a research note on Monday. UBS Group decreased their price objective on BILL from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, November 7th. William Blair reiterated a “market perform” rating on shares of BILL in a research report on Friday, November 7th. BTIG Research reissued a “buy” rating and issued a $60.00 target price on shares of BILL in a research report on Monday, February 2nd. Finally, Citigroup decreased their price target on shares of BILL from $71.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $56.95.

BILL Price Performance

Shares of NYSE BILL opened at $44.55 on Monday. The stock has a market capitalization of $4.41 billion, a PE ratio of -185.60, a P/E/G ratio of 5.23 and a beta of 1.25. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.65 and a quick ratio of 1.65. The business has a fifty day moving average price of $48.38 and a two-hundred day moving average price of $49.34. BILL Holdings, Inc. has a fifty-two week low of $35.46 and a fifty-two week high of $57.21.

BILL (NYSE:BILL) last released its earnings results on Thursday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.08. BILL had a positive return on equity of 1.70% and a negative net margin of 1.56%.The company had revenue of $414.67 million for the quarter, compared to analyst estimates of $399.71 million. During the same period in the prior year, the firm posted $0.56 EPS. BILL’s quarterly revenue was up 14.4% on a year-over-year basis. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. As a group, equities analysts predict that BILL Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

Insider Transactions at BILL

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 directly owned 10,812 shares of the company’s stock, valued at $553,898.76. This trade represents a 9.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 13.20% of the stock is owned by 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.