Russell Investments Group Ltd. Sells 6,015 Shares of BILL Holdings, Inc. $BILL

Key Points

• Russell Investments Group Ltd. reduced its stake in BILL Holdings, Inc. by 64.0%, selling 6,015 shares and holding 3,382 shares valued at $155,000 after the sale.
• BILL Holdings, Inc. reported $0.53 earnings per share for the last quarter, exceeding analysts' expectations and reflecting a year-over-year revenue increase of 11.5%.
• The company authorized a $300 million stock buyback program, representing approximately 7.2% of its outstanding shares, indicating confidence in stock valuation by management.

Russell Investments Group Ltd. cut its position in BILL Holdings, Inc. (NYSE:BILL - Free Report) by 64.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,382 shares of the company's stock after selling 6,015 shares during the quarter. Russell Investments Group Ltd.'s holdings in BILL were worth $155,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in BILL. Stifel Financial Corp bought a new position in shares of BILL in the fourth quarter valued at $558,000. Northern Trust Corp grew its stake in shares of BILL by 84.9% in the fourth quarter. Northern Trust Corp now owns 828,586 shares of the company's stock valued at $70,190,000 after buying an additional 380,509 shares in the last quarter. AXA S.A. grew its stake in shares of BILL by 0.5% in the fourth quarter. AXA S.A. now owns 81,690 shares of the company's stock valued at $6,920,000 after buying an additional 429 shares in the last quarter. Cetera Investment Advisers bought a new position in shares of BILL in the fourth quarter valued at $467,000. Finally, Corton Capital Inc. bought a new position in shares of BILL in the fourth quarter valued at $398,000. 97.99% of the stock is owned by institutional investors.

Insider Buying and Selling at BILL

In other news, insider Rajesh A. Aji sold 1,780 shares of BILL stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $45.25, for a total transaction of $80,545.00. Following the completion of the sale, the insider owned 9,298 shares of the company's stock, valued at approximately $420,734.50. This trade represents a 16.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 4.20% of the company's stock.

BILL Stock Up 0.6%

BILL opened at $46.69 on Wednesday. BILL Holdings, Inc. has a fifty-two week low of $36.55 and a fifty-two week high of $100.19. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.69 and a current ratio of 1.58. The company has a market capitalization of $4.75 billion, a P/E ratio of -291.79, a P/E/G ratio of 10.30 and a beta of 1.37. The stock has a fifty day moving average of $44.28 and a 200-day moving average of $45.41.

BILL (NYSE:BILL - Get Free Report) last posted its earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share 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 during the quarter, compared to the consensus estimate of $376.43 million. During the same quarter last year, the firm earned $0.57 earnings per share. The company's revenue was up 11.5% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. On average, equities analysts expect that BILL Holdings, Inc. will post 0.12 EPS for the current year.

BILL announced that its board has authorized a stock buyback program on Wednesday, August 27th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the company to buy up to 7.2% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on BILL shares. Keefe, Bruyette & Woods decreased their target price on shares of BILL from $54.00 to $46.00 and set a "market perform" rating for the company in a research note on Thursday, August 28th. Evercore ISI reduced their price objective on shares of BILL from $50.00 to $48.00 and set an "in-line" rating for the company in a research report on Thursday, August 28th. UBS Group lifted their price objective on shares of BILL from $60.00 to $65.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Mizuho reduced their price objective on shares of BILL from $50.00 to $43.00 and set a "neutral" rating for the company in a research report on Thursday, August 28th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of BILL in a research report on Thursday, July 17th. They set a "hold" rating and a $49.00 price objective for the company. Ten equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $59.50.

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.

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