Alternative Investment Advisors LLC. Buys Shares of 69,257 BILL Holdings, Inc. $BILL

Key Points

• Alternative Investment Advisors LLC acquired 69,257 BILL shares worth approximately $2.5 million, giving the stock a 1% portfolio weighting and representing about 0.08% of BILL’s outstanding shares. Institutional investors collectively own 97.99% of the company.
• BILL reported quarterly EPS of $0.84, exceeding the $0.71 consensus estimate, while revenue rose 13.8% year over year to $436.19 million. The company issued fiscal 2027 EPS guidance of $3.56–$3.79.
• Analysts maintain a generally positive outlook, with BILL carrying a “Moderate Buy” consensus rating and an average price target of $58.67 versus a recent price of $49.11. However, insiders have sold nearly 268,000 shares worth about $13.1 million over the past 90 days.

Alternative Investment Advisors LLC. acquired a new position in BILL Holdings, Inc. (NYSE:BILL - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 69,257 shares of the company's stock, valued at approximately $2,504,000. BILL makes up approximately 1.0% of Alternative Investment Advisors LLC.'s investment portfolio, making the stock its 14th largest position. Alternative Investment Advisors LLC. owned approximately 0.08% of BILL at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ER Collective Holdings LLC acquired a new position in shares of BILL during the fourth quarter worth approximately $464,588,000. California State Teachers Retirement System increased its holdings in BILL by 3,421.2% in the second quarter. California State Teachers Retirement System now owns 3,531,603 shares of the company's stock valued at $127,703,000 after purchasing an additional 3,431,307 shares during the last quarter. Senvest Management LLC raised its position in shares of BILL by 155.8% in the 4th quarter. Senvest Management LLC now owns 2,573,261 shares of the company's stock valued at $140,346,000 after acquiring an additional 1,567,186 shares during the period. Contour Asset Management LLC raised its holdings in BILL by 45.5% in the fourth quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company's stock worth $256,914,000 after purchasing an additional 1,472,132 shares during the period. Finally, Marshall Wace LLP raised its stake in BILL by 190.8% during the 3rd quarter. Marshall Wace LLP now owns 2,166,899 shares of the company's stock worth $114,781,000 after buying an additional 1,421,785 shares during the period. Institutional investors and hedge funds own 97.99% of the company's stock.

BILL Price Performance

BILL stock opened at $49.11 on Monday. The company 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. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.49. BILL Holdings, Inc. has a 12 month low of $31.41 and a 12 month high of $57.21. The stock's 50 day moving average is $45.47 and its 200-day moving average is $40.92.

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

Insider Activity at BILL

In other news, CEO Rene Lacerte sold 141,256 shares of BILL stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $48.42, for a total value of $6,839,615.52. Following the completion of the sale, the chief executive officer directly owned 100,899 shares in the company, valued at approximately $4,885,529.58. The trade was a 58.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Cieri sold 10,754 shares of the business's stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $49.13, for a total value 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. This trade represents a 91.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold 267,997 shares of company stock worth $13,057,984 over the last ninety days. Insiders own 13.20% of the company's stock.

Wall Street Analyst Weigh In

BILL has been the subject of several research analyst reports. Needham & Company LLC reiterated a "buy" rating on shares of BILL in a report on Thursday, August 20th. UBS Group increased their price objective on BILL from $55.00 to $60.00 and gave the company a "buy" rating in a report on Thursday, August 20th. The Goldman Sachs Group lifted their price target on BILL from $50.00 to $57.00 and gave the stock a "buy" rating in a report on Thursday, August 20th. Wolfe Research raised their price objective on BILL from $57.00 to $60.00 and gave the company an "outperform" rating in a research report on Tuesday, August 25th. Finally, BTIG Research reiterated a "buy" rating and set a $60.00 target price on shares of BILL in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, BILL has an average rating of "Moderate Buy" and an average target price of $58.67.

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.

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