Bottomline Technologies (de), Inc. (NASDAQ:EPAY) CFO Sells $43,914.96 in Stock

Bottomline Technologies (de), Inc. (NASDAQ:EPAY) CFO Richard Douglas Booth sold 1,004 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $43.74, for a total value of $43,914.96. Following the transaction, the chief financial officer now directly owns 109,764 shares of the company’s stock, valued at approximately $4,801,077.36. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Richard Douglas Booth also recently made the following trade(s):

  • On Friday, October 2nd, Richard Douglas Booth sold 1,100 shares of Bottomline Technologies (de) stock. The stock was sold at an average price of $42.14, for a total value of $46,354.00.
  • On Monday, August 24th, Richard Douglas Booth sold 26,468 shares of Bottomline Technologies (de) stock. The stock was sold at an average price of $47.86, for a total value of $1,266,758.48.
  • On Friday, July 31st, Richard Douglas Booth sold 3,864 shares of Bottomline Technologies (de) stock. The stock was sold at an average price of $47.57, for a total value of $183,810.48.

NASDAQ EPAY opened at $42.92 on Friday. The company has a market capitalization of $1.92 billion, a PE ratio of -195.09, a price-to-earnings-growth ratio of 5.19 and a beta of 1.25. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.06 and a current ratio of 2.06. The business’s fifty day moving average is $43.82 and its 200 day moving average is $45.61. Bottomline Technologies has a fifty-two week low of $27.82 and a fifty-two week high of $57.22.

Bottomline Technologies (de) (NASDAQ:EPAY) last released its earnings results on Thursday, August 6th. The technology company reported $0.26 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.01. The company had revenue of $110.40 million for the quarter, compared to the consensus estimate of $109.16 million. Bottomline Technologies (de) had a positive return on equity of 3.68% and a negative net margin of 2.09%. Bottomline Technologies (de)’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.34 earnings per share. On average, sell-side analysts forecast that Bottomline Technologies will post 0.44 EPS for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP purchased a new position in Bottomline Technologies (de) during the first quarter valued at $214,000. Bank of New York Mellon Corp lifted its position in Bottomline Technologies (de) by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 449,890 shares of the technology company’s stock valued at $22,840,000 after purchasing an additional 3,125 shares in the last quarter. Point72 Hong Kong Ltd lifted its position in Bottomline Technologies (de) by 165.5% during the second quarter. Point72 Hong Kong Ltd now owns 600 shares of the technology company’s stock valued at $30,000 after purchasing an additional 374 shares in the last quarter. Legal & General Group Plc lifted its position in Bottomline Technologies (de) by 6.5% during the first quarter. Legal & General Group Plc now owns 119,930 shares of the technology company’s stock valued at $4,395,000 after purchasing an additional 7,356 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Bottomline Technologies (de) by 5.9% in the first quarter. State Street Corp now owns 1,322,259 shares of the technology company’s stock valued at $48,461,000 after acquiring an additional 73,231 shares in the last quarter. Institutional investors own 91.89% of the company’s stock.

A number of analysts have commented on EPAY shares. Needham & Company LLC lifted their target price on Bottomline Technologies (de) from $48.00 to $62.00 and gave the stock a “buy” rating in a report on Friday, August 7th. ValuEngine raised Bottomline Technologies (de) from a “hold” rating to a “buy” rating in a report on Monday, October 12th. BidaskClub raised Bottomline Technologies (de) from a “strong sell” rating to a “sell” rating in a report on Saturday, September 19th. Barrington Research reaffirmed a “buy” rating on shares of Bottomline Technologies (de) in a report on Monday, October 5th. Finally, Citigroup lifted their price objective on Bottomline Technologies (de) from $55.00 to $57.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Three analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. Bottomline Technologies (de) has an average rating of “Hold” and a consensus target price of $52.06.

Bottomline Technologies (de) Company Profile

Bottomline Technologies (de), Inc provides various solutions for the banking, financial services, insurance, healthcare, technology, retail, communications, education, media, manufacturing, and government industries. It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Documents, and Other.

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Insider Buying and Selling by Quarter for Bottomline Technologies (de) (NASDAQ:EPAY)

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