Bill.com Holdings, Inc. (NYSE:BILL) General Counsel Rajesh A. Aji sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $86.38, for a total transaction of $518,280.00. Following the completion of the sale, the general counsel now owns 46,767 shares of the company’s stock, valued at approximately $4,039,733.46. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
NYSE:BILL opened at $82.32 on Friday. Bill.com Holdings, Inc. has a one year low of $23.61 and a one year high of $97.84. The firm has a 50-day simple moving average of $82.52 and a 200-day simple moving average of $59.63.
Bill.com (NYSE:BILL) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.06. Bill.com had a negative net margin of 17.73% and a negative return on equity of 17.32%. The business had revenue of $41.23 million during the quarter, compared to analyst estimates of $37.02 million. The company’s quarterly revenue was up 46.0% on a year-over-year basis. Research analysts forecast that Bill.com Holdings, Inc. will post -0.51 earnings per share for the current year.
Several institutional investors have recently modified their holdings of the company. Parallel Advisors LLC grew its position in shares of Bill.com by 4.6% in the 2nd quarter. Parallel Advisors LLC now owns 3,065 shares of the company’s stock worth $276,000 after buying an additional 135 shares during the last quarter. Legal & General Group Plc grew its position in shares of Bill.com by 84.6% in the 1st quarter. Legal & General Group Plc now owns 923 shares of the company’s stock worth $32,000 after buying an additional 423 shares during the last quarter. Raymond James & Associates grew its position in shares of Bill.com by 9.5% in the 1st quarter. Raymond James & Associates now owns 9,027 shares of the company’s stock worth $309,000 after buying an additional 781 shares during the last quarter. Asset Management One Co. Ltd. purchased a new position in shares of Bill.com in the 1st quarter worth approximately $29,000. Finally, Valeo Financial Advisors LLC grew its position in shares of Bill.com by 100.0% in the 1st quarter. Valeo Financial Advisors LLC now owns 2,000 shares of the company’s stock worth $86,000 after buying an additional 1,000 shares during the last quarter. 54.97% of the stock is currently owned by hedge funds and other institutional investors.
Bill.com Holdings, Inc provides cloud-based software that digitizes and automates back-office financial operations for small and midsize businesses worldwide. It offers artificial-intelligence (AI)-enabled financial software platform. The company provides software-as-a-service, cloud-based payments 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, manage cash flows, and enhance office efficiency.
Recommended Story: How to Calculate Compound Annual Growth Rate (CAGR)
Receive News & Ratings for Bill.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bill.com and related companies with MarketBeat.com's FREE daily email newsletter.