Two Sigma Securities LLC Takes Position in BILL Holdings, Inc. $BILL

Two Sigma Securities LLC bought a new position in shares of BILL Holdings, Inc. (NYSE:BILL) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 11,730 shares of the company’s stock, valued at approximately $424,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BILL. UMB Bank n.a. lifted its position in BILL by 21.8% during the fourth quarter. UMB Bank n.a. now owns 1,336 shares of the company’s stock valued at $73,000 after buying an additional 239 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of BILL by 1.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 18,100 shares of the company’s stock worth $693,000 after acquiring an additional 300 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of BILL by 1.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock valued at $1,165,000 after acquiring an additional 327 shares during the period. SBI Securities Co. Ltd. raised its stake in shares of BILL by 46.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock valued at $69,000 after acquiring an additional 401 shares during the period. Finally, Versant Capital Management Inc lifted its holdings in shares of BILL by 147.3% during the 2nd quarter. Versant Capital Management Inc now owns 722 shares of the company’s stock valued at $26,000 after acquiring an additional 430 shares in the last quarter. Institutional investors and hedge funds own 97.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on BILL shares. Needham & Company LLC reaffirmed a “buy” rating on shares of BILL in a research report on Thursday, August 20th. Morgan Stanley boosted their price objective on BILL from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 20th. BMO Capital Markets increased their target price on BILL from $46.00 to $55.00 and gave the company a “market perform” rating in a research note on Thursday, August 20th. Wall Street Zen upgraded BILL from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Finally, Jefferies Financial Group boosted their price target on BILL from $50.00 to $56.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $58.67.

BILL Stock Performance

BILL stock 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 debt-to-equity ratio of 0.49, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market capitalization 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 firm’s fifty day moving average price is $44.85 and its 200 day moving average price is $40.87.

BILL (NYSE:BILL) last posted its quarterly earnings data on Wednesday, August 19th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.13. The company had revenue of $436.19 million during the quarter, compared to analysts’ expectations of $430.55 million. BILL had a negative net margin of 0.68% and a positive return on equity of 3.74%. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.53 EPS. 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, research analysts forecast that BILL Holdings, Inc. will post 2.22 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Michael Cieri sold 10,754 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $49.13, for a total value of $528,344.02. Following the completion of the transaction, the insider owned 997 shares of the company’s stock, valued at approximately $48,982.61. This represents a 91.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 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. Corporate insiders own 13.20% of the company’s stock.

BILL Company 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.