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BILL Holdings Inc (BILL) Volatility At 4.02%, Should You Add A Position?

BILL Holdings Inc (NYSE: BILL) is -32.97% lower on its value in year-to-date trading and has touched a low of $43.11 and a high of $119.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BILL stock was last observed hovering at around $52.75 in the last trading session, with the day’s gains setting it 1.94%.

Currently trading at $54.69, the stock is 10.51% and 7.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.31 million and changing 3.68% at the moment leaves the stock -11.39% off its SMA200. BILL registered -53.04% loss for a year compared to 6-month loss of -11.09%.

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The stock witnessed a 23.18% gain in the last 1 month and extending the period to 3 months gives it a 9.80%, and is 2.26% 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 4.02% over the week and 4.27% over the month.

BILL Holdings Inc (BILL) has around 2187 employees, a market worth around $5.83B and $1.29B in sales. Fwd P/E is 26.03. Profit margin for the company is -2.24%. Distance from 52-week low is 26.86% and -54.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.56%).

The EPS is expected to shrink by -24.90% this year

529.0 institutions hold shares in BILL Holdings Inc (BILL), with institutional investors hold 90.69% of the company’s shares. The shares outstanding are 106.65M, and float is at 102.17M with Short Float at 2.45%. Institutions hold 87.91% of the Float.

The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 11.2 million shares valued at $589.5 million. The investor’s holdings represent 10.6254 of the BILL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.3 million shares valued at $541.91 million to account for 9.7676 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 7.53 million shares representing 7.1425 and valued at over $396.27 million, while TEMASEK HOLDINGS (PRIVATE) LTD holds 5.3372 of the shares totaling 5.63 million with a market value of $296.11 million.

BILL Holdings Inc (BILL) Insider Activity

The most recent transaction is an insider sale by Cota Germaine, the company’s SVP, FINANCE & ACCOUNTING. SEC filings show that Cota Germaine sold 803 shares of the company’s common stock on Aug 30 ’24 at a price of $54.75 per share for a total of $43962.0. Following the sale, the insider now owns 6861.0 shares.

BILL Holdings Inc disclosed in a document filed with the SEC on Aug 30 ’24 that Aji Rajesh A. (CLO & CCO) sold a total of 2,486 shares of the company’s common stock. The trade occurred on Aug 30 ’24 and was made at $54.73 per share for $0.14 million. Following the transaction, the insider now directly holds 7812.0 shares of the BILL stock.

Still, SEC filings show that on Aug 30 ’24, RAJESH AJI (Officer) Proposed Sale 2,486 shares at an average price of $54.98 for $0.14 million. The insider now directly holds shares of BILL Holdings Inc (BILL).

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