Caxton Associates LLP Takes $2.79 Million Position in BILL Holdings, Inc. $BILL

Caxton Associates LLP bought a new position in shares of BILL Holdings, Inc. (NYSE:BILL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 60,375 shares of the company’s stock, valued at approximately $2,793,000. Caxton Associates LLP owned about 0.06% of BILL as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers boosted its holdings in shares of BILL by 26.9% during the 1st quarter. Cetera Investment Advisers now owns 6,991 shares of the company’s stock valued at $321,000 after purchasing an additional 1,480 shares during the last quarter. Deutsche Bank AG grew its holdings in BILL by 57.8% during the 1st quarter. Deutsche Bank AG now owns 17,592 shares of the company’s stock valued at $807,000 after buying an additional 6,444 shares in the last quarter. Nuveen LLC purchased a new position in BILL during the 1st quarter valued at approximately $4,275,000. HighTower Advisors LLC increased its stake in BILL by 15.0% in the 1st quarter. HighTower Advisors LLC now owns 8,925 shares of the company’s stock worth $410,000 after acquiring an additional 1,166 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of BILL by 110.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company’s stock worth $114,265,000 after acquiring an additional 1,309,337 shares in the last quarter. 97.99% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other BILL news, SVP Germaine Cota sold 1,104 shares of the stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $51.23, for a total value of $56,557.92. Following the sale, the senior vice president owned 10,812 shares in the company, valued at $553,898.76. This trade represents a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 13.20% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BILL. William Blair restated a “market perform” rating on shares of BILL in a research report on Friday, November 7th. Weiss Ratings restated a “sell (d+)” rating on shares of BILL in a report on Monday, December 8th. The Goldman Sachs Group increased their price target on shares of BILL from $54.00 to $62.00 and gave the company a “buy” rating in a report on Monday, October 13th. Needham & Company LLC reissued a “buy” rating and set a $75.00 price objective on shares of BILL in a research note on Monday, November 24th. Finally, Piper Sandler downgraded BILL from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $70.00 to $50.00 in a research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, BILL presently has a consensus rating of “Hold” and a consensus price target of $58.86.

BILL Stock Performance

Shares of NYSE:BILL opened at $54.58 on Monday. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.47. BILL Holdings, Inc. has a 12 month low of $36.55 and a 12 month high of $100.19. The company has a market capitalization of $5.47 billion, a price-to-earnings ratio of -202.12, a PEG ratio of 7.70 and a beta of 1.35. The firm’s 50-day moving average is $50.34 and its 200 day moving average is $47.63.

BILL (NYSE:BILL) last announced its earnings results on Thursday, November 6th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.10. BILL had a return on equity of 1.39% and a net margin of 0.79%.The business had revenue of $395.74 million during the quarter, compared to analyst estimates of $390.91 million. During the same quarter in the previous year, the business earned $0.63 earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.110-2.250 EPS and its Q2 2026 guidance at 0.540-0.570 EPS. Research analysts predict that BILL Holdings, Inc. will post 0.12 EPS for the current year.

BILL declared that its board has approved a stock buyback program on Wednesday, August 27th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 7.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

About BILL

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.