269,839 Shares in BILL Holdings, Inc. $BILL Purchased by T. Rowe Price Investment Management Inc.

Key Points

• T. Rowe Price Investment Management Inc. acquired 269,839 shares of BILL Holdings, Inc. for approximately $12.4 million, representing a 0.26% ownership stake, as disclosed in its recent SEC filing.
• Insider selling activity included Rajesh A. Aji and Germaine Cota, who sold shares at prices of $45.25 and $42.55, resulting in significant decreases in their ownership percentages.
• Analyst ratings for BILL show a consensus of "Moderate Buy" with eleven analysts recommending a Buy, amidst recent revisions of target prices influenced by market dynamics.

T. Rowe Price Investment Management Inc. purchased a new stake in BILL Holdings, Inc. (NYSE:BILL - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 269,839 shares of the company's stock, valued at approximately $12,383,000. T. Rowe Price Investment Management Inc. owned about 0.26% of BILL as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BILL. CoreCap Advisors LLC purchased a new stake in shares of BILL in the 4th quarter valued at $30,000. Coppell Advisory Solutions LLC raised its holdings in shares of BILL by 202.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 369 shares of the company's stock valued at $32,000 after buying an additional 247 shares during the period. GeoWealth Management LLC purchased a new stake in shares of BILL in the 4th quarter valued at $32,000. Fifth Third Bancorp raised its holdings in shares of BILL by 134.1% in the 1st quarter. Fifth Third Bancorp now owns 749 shares of the company's stock valued at $34,000 after buying an additional 429 shares during the period. Finally, Brooklyn Investment Group raised its holdings in shares of BILL by 73.6% in the 1st quarter. Brooklyn Investment Group now owns 889 shares of the company's stock valued at $41,000 after buying an additional 377 shares during the period. Hedge funds and other institutional investors own 97.99% of the company's stock.

BILL Price Performance

Shares of BILL stock traded down $2.67 during midday trading on Friday, reaching $46.53. The company had a trading volume of 4,067,193 shares, compared to its average volume of 2,757,917. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $4.79 billion, a price-to-earnings ratio of -291.07, a price-to-earnings-growth ratio of 9.24 and a beta of 1.35. The stock has a fifty day simple moving average of $44.16 and a 200 day simple moving average of $45.81. BILL Holdings, Inc. has a 1-year low of $36.55 and a 1-year high of $100.19.

BILL (NYSE:BILL - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.12. The firm had revenue of $383.35 million for the quarter, compared to analysts' expectations of $376.43 million. BILL had a net margin of 1.63% and a return on equity of 1.16%. The business's revenue for the quarter was up 11.5% on a year-over-year basis. During the same period last year, the firm earned $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. As a group, equities research analysts forecast that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

BILL announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, August 27th that allows the company to repurchase $300.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 7.2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

BILL has been the topic of several research analyst reports. Oppenheimer reiterated an "outperform" rating and issued a $55.00 price objective on shares of BILL in a report on Thursday. Canaccord Genuity Group restated a "buy" rating and set a $75.00 price target on shares of BILL in a report on Thursday. Mizuho cut their price target on BILL from $50.00 to $43.00 and set a "neutral" rating on the stock in a report on Thursday. Wells Fargo & Company cut their price target on BILL from $43.00 to $40.00 and set an "underweight" rating on the stock in a report on Friday, May 9th. Finally, Morgan Stanley downgraded BILL from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $60.00 to $55.00 in a report on Wednesday, June 11th. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $59.50.

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.