Inlight Wealth Management LLC Takes Position in BILL Holdings, Inc. $BILL

Key Points

• Inlight Wealth Management LLC has acquired 40,547 shares of BILL Holdings, Inc., valued at approximately $1.88 million, indicating growing institutional interest in the company.
• BILL Holdings has authorized a $300 million stock repurchase program, signaling the board's belief that the company's stock may be undervalued.
• The company's recent earnings report showed an EPS of $0.53, exceeding analyst expectations and revealing an 11.5% revenue increase compared to the previous year.

Inlight Wealth Management LLC purchased a new position in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 40,547 shares of the company's stock, valued at approximately $1,876,000.

Several other large investors also recently bought and sold shares of BILL. GAMMA Investing LLC boosted its stake in shares of BILL by 18,435.9% in the first quarter. GAMMA Investing LLC now owns 56,720 shares of the company's stock valued at $2,603,000 after purchasing an additional 56,414 shares during the period. Washington Capital Management Inc. boosted its position in BILL by 98.4% in the 1st quarter. Washington Capital Management Inc. now owns 12,300 shares of the company's stock valued at $564,000 after buying an additional 6,100 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in BILL by 2,189.1% during the 1st quarter. Farther Finance Advisors LLC now owns 1,053 shares of the company's stock worth $48,000 after purchasing an additional 1,007 shares during the last quarter. Fifth Third Bancorp raised its holdings in BILL by 134.1% in the first quarter. Fifth Third Bancorp now owns 749 shares of the company's stock valued at $34,000 after acquiring an additional 429 shares in the last quarter. Finally, Shepherd Financial Partners LLC lifted its position in shares of BILL by 2.7% during the first quarter. Shepherd Financial Partners LLC now owns 17,367 shares of the company's stock worth $797,000 after purchasing an additional 450 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

BILL Price Performance

Shares of NYSE:BILL opened at $53.41 on Monday. The company has a market capitalization of $5.43 billion, a PE ratio of -333.81, a price-to-earnings-growth ratio of 15.12 and a beta of 1.42. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a fifty day moving average of $46.91 and a 200-day moving average of $45.58. BILL Holdings, Inc. has a one year low of $36.55 and a one year high of $100.19.

BILL (NYSE:BILL - Get Free Report) last announced its earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.12. BILL had a return on equity of 1.16% and a net margin of 1.63%.The company had revenue of $383.35 million for the quarter, compared to analyst estimates of $376.43 million. During the same period in the previous year, the firm earned $0.57 earnings per share. BILL's revenue for the quarter was up 11.5% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. As a group, equities analysts anticipate that BILL Holdings, Inc. will post 0.12 EPS for the current fiscal year.

BILL declared that its board has authorized a stock repurchase program on Wednesday, August 27th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 7.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on BILL shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $75.00 price objective on shares of BILL in a report on Thursday, August 28th. Mizuho lowered their price target on BILL from $50.00 to $43.00 and set a "neutral" rating on the stock in a report on Thursday, August 28th. Wolfe Research raised shares of BILL from a "peer perform" rating to an "outperform" rating and set a $70.00 price objective for the company in a report on Thursday, September 11th. Morgan Stanley cut shares of BILL from an "overweight" rating to an "equal weight" rating and lowered their target price for the company from $60.00 to $55.00 in a research note on Wednesday, June 11th. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of BILL in a report on Saturday, September 27th. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $59.65.

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.

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