Bottomline Technologies (NASDAQ:EPAY) Director Jennifer M. Gray sold 2,000 shares of the firm’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of $44.97, for a total transaction of $89,940.00. Following the completion of the transaction, the director now directly owns 6,000 shares of the company’s stock, valued at approximately $269,820. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of NASDAQ:EPAY traded up $0.71 during midday trading on Wednesday, reaching $45.37. The company’s stock had a trading volume of 247,209 shares, compared to its average volume of 311,663. The firm has a market capitalization of $1.94 billion, a P/E ratio of 59.70 and a beta of 1.03. Bottomline Technologies has a twelve month low of $39.78 and a twelve month high of $74.05. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.57 and a quick ratio of 1.57.
Bottomline Technologies (NASDAQ:EPAY) last released its quarterly earnings data on Thursday, May 2nd. The technology company reported $0.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.21. The firm had revenue of $106.44 million for the quarter, compared to analyst estimates of $104.46 million. Bottomline Technologies had a net margin of 4.43% and a return on equity of 8.77%. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.30 earnings per share. Equities analysts anticipate that Bottomline Technologies will post 0.58 EPS for the current fiscal year.
Several large investors have recently added to or reduced their stakes in the company. Marshall Wace LLP acquired a new stake in shares of Bottomline Technologies in the first quarter worth $45,000. Advisory Services Network LLC increased its stake in shares of Bottomline Technologies by 10.6% in the first quarter. Advisory Services Network LLC now owns 4,587 shares of the technology company’s stock worth $230,000 after acquiring an additional 439 shares during the period. Nordea Investment Management AB increased its stake in shares of Bottomline Technologies by 3,277.2% in the first quarter. Nordea Investment Management AB now owns 97,940 shares of the technology company’s stock worth $4,904,000 after acquiring an additional 95,040 shares during the period. MIG Capital LLC increased its stake in shares of Bottomline Technologies by 7.2% in the first quarter. MIG Capital LLC now owns 725,331 shares of the technology company’s stock worth $36,332,000 after acquiring an additional 49,000 shares during the period. Finally, Bernzott Capital Advisors increased its stake in shares of Bottomline Technologies by 0.7% in the first quarter. Bernzott Capital Advisors now owns 404,530 shares of the technology company’s stock worth $20,263,000 after acquiring an additional 2,675 shares during the period. Hedge funds and other institutional investors own 90.10% of the company’s stock.
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Bottomline Technologies Company Profile
Bottomline Technologies (de), Inc provides software as a service based solutions. It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Transactional Documents, and Other. The company's products and services include Paymode-X, a cloud-based payment network, which allows businesses to transition to electronic integrated payables; and cloud-based financial messaging solutions that enable banks and corporations to exchange financial information, such as payment instructions, cash reporting, and other messages to facilitate transaction settlement.
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