WoodTrust Financial Corp Acquires 9,900 Shares of BILL Holdings, Inc. (NYSE:BILL)

WoodTrust Financial Corp raised its holdings in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) by 123.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,900 shares of the company's stock after purchasing an additional 9,900 shares during the quarter. WoodTrust Financial Corp's holdings in BILL were worth $821,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. CoreCap Advisors LLC bought a new position in BILL during the fourth quarter valued at $30,000. Global Retirement Partners LLC lifted its holdings in shares of BILL by 12,566.7% in the 4th quarter. Global Retirement Partners LLC now owns 380 shares of the company's stock worth $32,000 after acquiring an additional 377 shares during the last quarter. Coppell Advisory Solutions LLC lifted 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 worth $32,000 after acquiring an additional 247 shares during the last quarter. GeoWealth Management LLC bought a new stake in shares of BILL in the 4th quarter worth about $32,000. Finally, Fifth Third Bancorp lifted 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 worth $34,000 after acquiring an additional 429 shares during the last quarter. Institutional investors own 97.99% of the company's stock.

BILL Trading Up 1.3%

NYSE BILL opened at $44.28 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.69 and a current ratio of 1.69. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of -368.97, a price-to-earnings-growth ratio of 11.00 and a beta of 1.36. The company's 50-day simple moving average is $44.42 and its two-hundred day simple moving average is $59.94. 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 posted its earnings results on Thursday, May 8th. The company reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.13. The business had revenue of $358.22 million for the quarter, compared to the consensus estimate of $355.85 million. BILL had a net margin of 2.70% and a return on equity of 1.21%. The company's revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 EPS. Equities analysts forecast that BILL Holdings, Inc. will post 0.12 EPS for the current fiscal year.

Insider Transactions at BILL

In other news, SVP Germaine Cota sold 1,718 shares of BILL stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $42.55, for a total value of $73,100.90. Following the transaction, the senior vice president now owns 9,512 shares of the company's stock, valued at $404,735.60. The trade was a 15.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.20% of the company's stock.

Wall Street Analyst Weigh In

BILL has been the subject of several analyst reports. Robert W. Baird lowered their target price on shares of BILL from $82.00 to $55.00 and set a "neutral" rating for the company in a report on Friday, April 4th. Seaport Res Ptn lowered shares of BILL from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 17th. The Goldman Sachs Group lowered their target price on shares of BILL from $90.00 to $60.00 and set a "buy" rating for the company in a report on Wednesday, April 2nd. Needham & Company LLC lowered their target price on shares of BILL from $100.00 to $75.00 and set a "buy" rating for the company in a report on Friday, May 9th. Finally, KeyCorp reduced their price target on shares of BILL from $70.00 to $60.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, BILL currently has an average rating of "Moderate Buy" and a consensus target price of $62.75.

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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