BILL Holdings, Inc. $BILL Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth cut its BILL stake by 83.9% in the second quarter, selling 64,043 shares and retaining 12,293 shares worth approximately $445,000. Institutional investors collectively own 97.99% of the company.
• BILL exceeded quarterly expectations: It reported $0.84 in adjusted EPS versus 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.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and a $58.67 price target, although recent insider selling and a reported Jefferies downgrade to “hold” may weigh on investor sentiment.

Corient Private Wealth LP lowered its position in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) by 83.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,293 shares of the company's stock after selling 64,043 shares during the quarter. Corient Private Wealth LP's holdings in BILL were worth $445,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. ER Collective Holdings LLC bought a new stake in BILL during the 4th quarter worth about $464,588,000. Contour Asset Management LLC raised its stake in shares of BILL by 45.5% during the fourth quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company's stock worth $256,914,000 after buying an additional 1,472,132 shares during the last quarter. Norges Bank acquired a new position in BILL in the fourth quarter valued at approximately $54,275,000. Senator Investment Group LP acquired a new position in BILL in the fourth quarter valued at approximately $37,817,000. Finally, Parnassus Investments LLC boosted its stake in BILL by 61.6% in the fourth quarter. Parnassus Investments LLC now owns 1,463,791 shares of the company's stock valued at $79,835,000 after acquiring an additional 558,206 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

BILL Stock Performance

BILL stock opened at $43.77 on Friday. The business's 50-day moving average price is $47.42 and its two-hundred day moving average price is $41.30. 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 firm has a market cap of $3.73 billion, a PE ratio of -336.68, a P/E/G ratio of 0.61 and a beta of 1.13. BILL Holdings, Inc. has a 1-year low of $31.41 and a 1-year high of $57.21.

BILL (NYSE:BILL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.13. The business had revenue of $436.19 million during 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%.BILL's quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. As a group, research analysts forecast that BILL Holdings, Inc. will post 2.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on BILL shares. Truist Financial increased their price target on BILL from $44.00 to $52.00 and gave the company a "hold" rating in a research note on Tuesday, September 1st. BMO Capital Markets upped their price objective on BILL from $46.00 to $55.00 and gave the company a "market perform" rating in a report on Thursday, August 20th. BTIG Research reiterated a "buy" rating and issued a $60.00 price objective on shares of BILL in a report on Thursday, August 20th. Wall Street Zen raised BILL from a "hold" rating to a "buy" rating in a research note on Saturday, August 22nd. Finally, Zacks Research upgraded BILL from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $58.67.

Insiders Place Their Bets

In other BILL 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 transaction of $528,344.02. Following the completion of the transaction, the insider owned 997 shares in the company, valued at approximately $48,982.61. This represents a 91.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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. Also, CEO Rene A. Lacerte sold 42,248 shares of BILL stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 163,125 shares in the company, valued at $8,183,981.25. This represents a 20.57% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 267,997 shares of company stock worth $13,057,984. 13.20% of the stock is currently owned by company insiders.

More BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Blackbaud partnership expands BILL’s addressable market. Blackbaud is embedding BILL’s payments network into Financial Edge NXT, extending BILL’s accounts-payable and payment tools to nonprofit and education customers. The deal could support transaction volume, customer acquisition and recurring revenue growth. BILL Expands Embedded Payments Reach With Blackbaud Partnership
• Neutral Sentiment: Peer comparison offers limited company-specific information. An article comparing BILL with Pony AI discusses the two companies’ businesses and investment characteristics but does not identify a new catalyst for BILL. Comparing BILL and Pony AI
• Neutral Sentiment: Several political and legislative reports appear unrelated to BILL. Articles concerning high-speed rail transparency, college sports, lawmaker stock trading, voter ID, data-center legislation and cash-payment rules do not directly affect BILL’s reported operations or outlook. High-speed rail watchdog report
• Negative Sentiment: Jefferies downgraded BILL from “strong buy” to “hold.” The rating change signals reduced analyst conviction and could weigh on investor sentiment, particularly with the stock trading below its 50-day moving average. However, BILL remains above its 200-day average, and its latest quarterly results exceeded analysts’ expectations, providing some fundamental support. BILL analyst downgrade

BILL Profile

BILL Holdings, Inc provides cloud-based financial operations software and payment services for small and midsize businesses and the accounting firms that serve them. Its platform is designed to help businesses manage accounts payable, accounts receivable, expenses, budgets and payment workflows in one system.

The company's offerings include tools for automating bill entry, approval and payment; creating and sending invoices; accepting customer payments; managing employee spending and expenses; and improving visibility into cash flow.

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