4,705 Shares in BILL Holdings, Inc. (NYSE:BILL) Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. purchased a new stake in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 4,705 shares of the company's stock, valued at approximately $398,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in shares of BILL by 74.9% in the fourth quarter. GAMMA Investing LLC now owns 306 shares of the company's stock worth $26,000 after buying an additional 131 shares during the last quarter. Brooklyn Investment Group bought a new stake in BILL during the third quarter worth approximately $28,000. UMB Bank n.a. acquired a new position in BILL during the fourth quarter valued at approximately $35,000. Advisors Asset Management Inc. raised its position in shares of BILL by 30.8% in the third quarter. Advisors Asset Management Inc. now owns 1,101 shares of the company's stock valued at $58,000 after purchasing an additional 259 shares during the period. Finally, Venturi Wealth Management LLC lifted its stake in shares of BILL by 377.8% in the third quarter. Venturi Wealth Management LLC now owns 1,290 shares of the company's stock worth $68,000 after buying an additional 1,020 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

Insider Transactions at BILL

In related news, Director Alison Wagonfeld sold 779 shares of the firm's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $90.00, for a total transaction of $70,110.00. Following the completion of the sale, the director now directly owns 259 shares of the company's stock, valued at $23,310. This trade represents a 75.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Germaine Cota sold 1,525 shares of the business's stock in a transaction on Friday, November 8th. The stock was sold at an average price of $77.99, for a total value of $118,934.75. Following the completion of the transaction, the senior vice president now directly owns 5,348 shares in the company, valued at approximately $417,090.52. This represents a 22.19 % decrease in their position. The disclosure for this sale can be found here. 4.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. KeyCorp upgraded shares of BILL from a "sector weight" rating to an "overweight" rating and set a $115.00 target price on the stock in a research note on Wednesday, December 18th. Keefe, Bruyette & Woods lowered their price target on BILL from $100.00 to $95.00 and set a "market perform" rating on the stock in a research report on Monday, January 6th. Oppenheimer boosted their price objective on BILL from $70.00 to $83.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Wells Fargo & Company raised their target price on BILL from $55.00 to $65.00 and gave the company an "underweight" rating in a report on Thursday, January 16th. Finally, Mizuho upped their price target on BILL from $64.00 to $75.00 and gave the stock a "neutral" rating in a report on Friday, December 13th. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $85.00.

BILL Price Performance

NYSE:BILL traded down $1.00 during trading hours on Monday, reaching $92.89. The company had a trading volume of 1,636,211 shares, compared to its average volume of 2,381,376. The firm has a market capitalization of $9.61 billion, a PE ratio of -281.47, a PEG ratio of 89.33 and a beta of 1.72. The stock has a 50-day moving average of $88.35 and a two-hundred day moving average of $66.87. BILL Holdings, Inc. has a one year low of $43.11 and a one year high of $97.86. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.23.

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.