12,949 Shares in BILL Holdings, Inc. $BILL Purchased by Scientech Research LLC

Key Points

• Scientech Research LLC has acquired a new position in BILL Holdings, Inc., purchasing 12,949 shares valued at approximately $594,000 in the first quarter.
• Notable increases in holdings were made by Mirae Asset Global Investments, which raised its position by 3,947.7%, now owning 15,098 shares worth $693,000.
• BILL recently declared a $300 million share repurchase plan, indicating confidence in the company's stock value after reporting a revenue increase of 11.5% year-over-year.

Scientech Research LLC acquired a new position in BILL Holdings, Inc. (NYSE:BILL - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,949 shares of the company's stock, valued at approximately $594,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of BILL. Contour Asset Management LLC acquired a new position in BILL in the first quarter worth $65,783,000. Dimensional Fund Advisors LP boosted its stake in BILL by 110.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company's stock worth $114,265,000 after purchasing an additional 1,309,337 shares in the last quarter. Greenhouse Funds LLLP boosted its stake in BILL by 68.2% in the first quarter. Greenhouse Funds LLLP now owns 2,348,766 shares of the company's stock worth $107,785,000 after purchasing an additional 952,149 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new position in BILL in the first quarter worth $32,460,000. Finally, Ameriprise Financial Inc. boosted its stake in BILL by 23.6% in the first quarter. Ameriprise Financial Inc. now owns 2,490,921 shares of the company's stock worth $114,308,000 after purchasing an additional 475,100 shares in the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

Insider Transactions at BILL

In related news, insider Rajesh A. Aji sold 1,780 shares of the stock in a transaction that occurred 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 directly owned 9,298 shares of the company's stock, valued at approximately $420,734.50. This represents a 16.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 4.20% of the company's stock.

BILL Trading Down 1.2%

NYSE BILL traded down $0.64 on Friday, reaching $51.09. The company had a trading volume of 1,969,932 shares, compared to its average volume of 5,095,515. The stock's 50 day moving average is $44.89 and its 200-day moving average is $45.02. The stock has a market cap of $5.19 billion, a price-to-earnings ratio of -319.26, a PEG ratio of 14.63 and a beta of 1.37. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.38. BILL Holdings, Inc. has a 52 week low of $36.55 and a 52 week high of $100.19.

BILL (NYSE:BILL - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The company reported $0.53 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.12. The business had revenue of $383.35 million during the quarter, compared to the consensus estimate of $376.43 million. BILL had a return on equity of 1.16% and a net margin of 1.63%.The firm's revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.57 earnings per share. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. Equities analysts predict that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

BILL announced that its board has initiated a share repurchase program on Wednesday, August 27th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the company to repurchase up to 7.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research firms have commented on BILL. Evercore ISI reduced their price objective on BILL from $50.00 to $48.00 and set an "in-line" rating on the stock in a research note on Thursday, August 28th. Deutsche Bank Aktiengesellschaft assumed coverage on BILL in a research note on Thursday, July 17th. They set a "hold" rating and a $49.00 price target on the stock. Mizuho cut their price target on BILL from $50.00 to $43.00 and set a "neutral" rating on the stock in a research note on Thursday, August 28th. Piper Sandler lowered BILL from an "overweight" rating to a "neutral" rating and cut their price target for the company from $70.00 to $50.00 in a research note on Thursday, August 28th. Finally, Keefe, Bruyette & Woods cut their price target on BILL from $54.00 to $46.00 and set a "market perform" rating on the stock in a research note on Thursday, August 28th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $58.50.

About BILL

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.