405 institutions hold shares in Bill.com Holdings Inc. (BILL), with 3.92M shares held by insiders accounting for 4.77% while institutional investors hold 105.33% of the company’s shares. The shares outstanding are 81.52M, and float is at 78.31M with Short Float at 8.12%. Institutions hold 100.30% of the Float.
The top institutional shareholder in the company is Price (T.Rowe) Associates Inc with over 9.06 million shares valued at $1.24 billion. The investor’s holdings represent 11.01% of the BILL Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 6.35 million shares valued at $866.77 million to account for 7.72% of the shares outstanding. The other top investors are Kayne Anderson Rudnick Investment Management LLC which holds 6.12 million shares representing 7.44% and valued at over $835.27 million, while Temasek Holdings (Private) Limited holds 6.75% of the shares totaling 5.56 million with a market value of $758.4 million.
Bill.com Holdings Inc. (NYSE: BILL) is 19.00% higher on its value in year-to-date trading and has touched a low of $52.06 and a high of $195.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BILL stock was last observed hovering at around $163.29 in the last trading session, with the day’s loss setting it -0.86% off its average median price target of $170.00 for the next 12 months. It is also 35.03% off the consensus price target high of $250.00 offered by 15 analysts, but current levels are -16.02% lower than the price target low of $140.00 for the same period.
Currently trading at $162.43, the stock is 4.85% and 3.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing -0.53% at the moment leaves the stock 31.52% off its SMA200. BILL registered 193.09% gain for a year compared to 6-month gain of 50.82%. The firm has a 50-day simple moving average (SMA 50) of $152.92 and a 200-day simple moving average (SMA200) of $137.92.
The stock witnessed a 17.45% loss in the last 1 month and extending the period to 3 months gives it a 43.12%, and is 6.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.15% over the week and 4.58% over the month.
Bill.com Holdings Inc. (BILL) has around 618 employees, a market worth around $12.81B and $183.60M in sales. Profit margin for the company is -26.10%. Distance from 52-week low is 212.01% and -17.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.80%).
Bill.com Holdings Inc. (BILL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Bill.com Holdings Inc. (BILL) is a “Overweight”. 15 analysts offering their recommendations for the stock have an average rating of 2.00, where 6 rate it as a Hold and 1 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Bill.com Holdings Inc. is expected to release its quarterly report on 09/02/2021 and quarterly earnings per share for the current quarter are estimated at -$0.07 with sales reaching $54.51M over the same period.The EPS is expected to shrink by -570.30% this year, but quarterly earnings will post 34.60% year-over-year.
Bill.com Holdings Inc. (BILL) Insider Activity
A total of 375 insider transactions have happened at Bill.com Holdings Inc. (BILL) in the last six months, with sales accounting for 315 and purchases happening 60 times. The most recent transaction is an insider sale by Chung Bora, the company’s Chief Experience Officer. SEC filings show that Chung Bora sold 7,500 shares of the company’s common stock on Apr 27 at a price of $164.26 per share for a total of $1.23 million. Following the sale, the insider now owns 27667.0 shares.
Bill.com Holdings Inc. disclosed in a document filed with the SEC on Apr 22 that CAKEBREAD STEVEN (Director) sold a total of 2,000 shares of the company’s common stock. The trade occurred on Apr 22 and was made at $154.92 per share for $0.31 million. Following the transaction, the insider now directly holds 0.0 shares of the BILL stock.
Still, SEC filings show that on Apr 15, Aji Rajesh A. (General Counsel & CCO) disposed off 1,562 shares at an average price of $163.78 for $0.26 million. The insider now directly holds 4,357 shares of Bill.com Holdings Inc. (BILL).