Stock Traders Purchase High Volume of BILL Put Options (NYSE:BILL)

BILL Holdings, Inc. (NYSE:BILL) was the recipient of unusually large options trading on Wednesday. Stock investors purchased 7,023 put options on the stock. Thisisanincreaseof30% compared to the average daily volume of 5,393 put options.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BILL. Deutsche Bank Aktiengesellschaft began coverage on BILL in a report on Thursday, July 17th. They issued a “hold” rating and a $49.00 price target for the company. Needham & Company LLC reiterated a “buy” rating and issued a $75.00 target price on shares of BILL in a research note on Thursday, June 26th. Morgan Stanley lowered BILL from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $60.00 to $55.00 in a research note on Wednesday, June 11th. KeyCorp dropped their target price on BILL from $70.00 to $60.00 and set an “overweight” rating for the company in a research note on Wednesday, April 30th. Finally, Canaccord Genuity Group dropped their target price on BILL from $105.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday, May 13th. Eleven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, BILL presently has a consensus rating of “Moderate Buy” and an average price target of $62.61.

BILL Price Performance

BILL stock opened at $41.79 on Thursday. The stock has a 50-day moving average price of $44.02 and a two-hundred day moving average price of $45.92. BILL has a 12-month low of $36.55 and a 12-month high of $100.19. 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 cap of $4.31 billion, a PE ratio of -348.25, a price-to-earnings-growth ratio of 9.02 and a beta of 1.35.

BILL (NYSE:BILL) last posted its quarterly earnings results 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. BILL had a return on equity of 1.21% and a net margin of 2.70%.The firm had revenue of $383.35 million during the quarter, compared to the consensus estimate of $376.43 million. During the same quarter in the previous year, the business earned $0.57 earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. 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, research analysts predict that BILL will post 0.12 EPS for the current year.

BILL announced that its board has initiated a share buyback plan on Wednesday, August 27th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the company to reacquire up to 7.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at BILL

In other news, SVP Germaine Cota sold 1,718 shares of the business’s stock in a transaction on Friday, May 30th. The stock was sold at an average price of $42.55, for a total value of $73,100.90. Following the completion of the transaction, the senior vice president directly owned 9,512 shares of the company’s stock, valued at $404,735.60. The trade was a 15.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Rajesh A. Aji sold 1,780 shares of the business’s stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $45.25, for a total value of $80,545.00. Following the completion of the transaction, the insider directly owned 9,298 shares of the company’s stock, valued at approximately $420,734.50. This trade represents a 16.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 4.20% of the company’s stock.

Institutional Investors Weigh In On BILL

A number of institutional investors have recently added to or reduced their stakes in BILL. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of BILL by 3,947.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,098 shares of the company’s stock worth $693,000 after buying an additional 14,725 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in shares of BILL in the first quarter worth about $570,000. Cetera Investment Advisers purchased a new stake in shares of BILL in the fourth quarter worth about $467,000. GAMMA Investing LLC boosted its position in shares of BILL by 303.9% in the first quarter. GAMMA Investing LLC now owns 1,236 shares of the company’s stock worth $57,000 after buying an additional 930 shares during the period. Finally, Asset Management One Co. Ltd. boosted its position in shares of BILL by 145.6% in the first quarter. Asset Management One Co. Ltd. now owns 2,203 shares of the company’s stock worth $101,000 after buying an additional 1,306 shares during the period. Hedge funds and other institutional investors own 97.99% of the company’s stock.

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.