Strs Ohio Sells 18,383 Shares of BILL Holdings, Inc. $BILL

Strs Ohio decreased its holdings in BILL Holdings, Inc. (NYSE:BILL) by 89.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,227 shares of the company’s stock after selling 18,383 shares during the period. Strs Ohio’s holdings in BILL were worth $118,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in BILL. Empowered Funds LLC lifted its holdings in BILL by 50.3% during the 1st quarter. Empowered Funds LLC now owns 8,002 shares of the company’s stock valued at $367,000 after purchasing an additional 2,678 shares during the last quarter. KLP Kapitalforvaltning AS lifted its stake in shares of BILL by 9.1% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 20,400 shares of the company’s stock worth $944,000 after buying an additional 1,700 shares during the last quarter. WoodTrust Financial Corp lifted its stake in shares of BILL by 140.0% during the 2nd quarter. WoodTrust Financial Corp now owns 42,955 shares of the company’s stock worth $1,987,000 after buying an additional 25,055 shares during the last quarter. Fluent Financial LLC boosted its holdings in shares of BILL by 15.5% during the 2nd quarter. Fluent Financial LLC now owns 23,059 shares of the company’s stock worth $1,067,000 after buying an additional 3,089 shares during the period. Finally, Blair William & Co. IL boosted its holdings in shares of BILL by 48.6% during the 2nd quarter. Blair William & Co. IL now owns 294,573 shares of the company’s stock worth $13,627,000 after buying an additional 96,279 shares during the period. 97.99% of the stock is owned by institutional investors and hedge funds.

Key BILL News

Here are the key news stories impacting BILL this week:

• Positive Sentiment: BTIG reaffirmed its “Buy” rating on BILL, which can support demand for the shares and help explain upward price pressure. BTIG Reaffirms Buy for BILL
• Neutral Sentiment: Zacks published a preview of BILL’s Q2 (Dec) earnings and Wall Street metric projections — useful context for investors ahead of results, but not a direct catalyst by itself. Seeking Clues to BILL Q2 Earnings
• Negative Sentiment: Unusual options activity: traders bought 12,237 put contracts on BILL (a ~73% increase vs. average daily put volume). This surge in bearish positioning signals increased hedging or speculative downside interest, which can weigh on sentiment and add volatility. (Source: market activity report)
• Neutral Sentiment: The New York Times coverage of the federal funding bill and related political negotiations is broadly market-moving for macro risk appetite but has no direct link to BILL’s fundamentals. Trump Signs Funding Bill
• Neutral Sentiment: U.S. lawmakers introduced a bill to screen sales of potentially dangerous synthetic DNA — a regulatory development important to biotech and synthetic-biology firms but unlikely to affect BILL’s payments/financial-software business directly. Synthetic DNA Screening Bill
• Neutral Sentiment: Multiple outlets report that Bill and Hillary Clinton have agreed to testify in congressional depositions related to Jeffrey Epstein — significant political news but unlikely to have a direct material effect on BILL’s business. Clintons to Testify
• Neutral Sentiment: A state bill to restart WisconsinEye was set for an Assembly committee; this is local/state media policy news with no direct relevance to BILL. WisconsinEye Bill
• Neutral Sentiment: House legislation seeking details on NASA lunar-lander and spacesuit development is sector-specific federal spending news without an evident link to BILL’s payments platform business. House NASA Bill
• Neutral Sentiment: Coverage of GOP leaders facing pushback over a funding bill is broader political risk commentary; monitor macro sentiment but treat as indirect to BILL. GOP Pushback on Funding Bill

Insider Buying and Selling

In other BILL news, SVP Germaine Cota sold 1,104 shares of the company’s stock in a transaction dated 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 approximately $553,898.76. The trade was a 9.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 13.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

BILL has been the subject of several research reports. BTIG Research restated a “buy” rating and set a $60.00 price objective on shares of BILL in a research report on Monday. Keefe, Bruyette & Woods increased their target price on BILL from $52.00 to $60.00 and gave the stock a “market perform” rating in a research note on Friday, January 2nd. UBS Group reduced their price target on BILL from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, November 7th. William Blair reaffirmed a “market perform” rating on shares of BILL in a report on Friday, November 7th. Finally, Oppenheimer increased their price objective on BILL from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $58.90.

BILL Stock Performance

NYSE:BILL opened at $37.19 on Thursday. BILL Holdings, Inc. has a twelve month low of $35.56 and a twelve month high of $98.00. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.47. The stock’s 50-day simple moving average is $51.04 and its 200 day simple moving average is $49.03. The firm has a market capitalization of $3.72 billion, a PE ratio of -137.74, a price-to-earnings-growth ratio of 5.23 and a beta of 1.30.

BILL (NYSE:BILL) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.51 by $0.10. BILL had a net margin of 0.79% and a return on equity of 1.39%. The business had revenue of $395.74 million during the quarter, compared to the consensus estimate of $390.91 million. During the same quarter in the prior year, the firm earned $0.63 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. On average, analysts anticipate that BILL Holdings, Inc. will post 0.12 EPS for the current fiscal year.

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. It also offers onboarding implementation support, and ongoing support and training services.