3,058 Shares in BILL Holdings, Inc. (NYSE:BILL) Bought by Kera Capital Partners Inc.

Kera Capital Partners Inc. acquired a new stake in BILL Holdings, Inc. (NYSE:BILL - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,058 shares of the company's stock, valued at approximately $259,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC grew its stake in BILL by 74.9% during the 4th quarter. GAMMA Investing LLC now owns 306 shares of the company's stock valued at $26,000 after acquiring an additional 131 shares in the last quarter. Brooklyn Investment Group purchased a new stake in BILL during the 3rd quarter worth approximately $28,000. Advisors Asset Management Inc. increased its position in shares of BILL by 30.8% during the third quarter. Advisors Asset Management Inc. now owns 1,101 shares of the company's stock worth $58,000 after acquiring an additional 259 shares during the period. Venturi Wealth Management LLC increased its position in shares of BILL by 377.8% during the third quarter. Venturi Wealth Management LLC now owns 1,290 shares of the company's stock worth $68,000 after acquiring an additional 1,020 shares during the period. Finally, Versant Capital Management Inc raised its stake in shares of BILL by 26.7% in the fourth quarter. Versant Capital Management Inc now owns 1,615 shares of the company's stock valued at $137,000 after acquiring an additional 340 shares in the last quarter. Hedge funds and other institutional investors own 97.99% of the company's stock.

Insider Activity at BILL

In other BILL news, SVP Germaine Cota sold 1,525 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $77.99, for a total transaction of $118,934.75. Following the transaction, the senior vice president now directly owns 5,348 shares of the company's stock, valued at $417,090.52. This represents a 22.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Alison Wagonfeld sold 519 shares of the business's stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $57.50, for a total value of $29,842.50. Following the transaction, the director now directly owns 1,038 shares of the company's stock, valued at $59,685. This represents a 33.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,823 shares of company stock worth $218,887 in the last ninety days. 4.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Robert W. Baird lifted their price objective on BILL from $74.00 to $100.00 and gave the company a "neutral" rating in a research note on Tuesday, December 3rd. The Goldman Sachs Group upgraded shares of BILL from a "neutral" rating to a "buy" rating and increased their price target for the company from $96.00 to $104.00 in a research note on Thursday, January 9th. Keefe, Bruyette & Woods decreased their target price on BILL from $100.00 to $95.00 and set a "market perform" rating for the company in a research report on Monday, January 6th. KeyCorp upgraded shares of BILL from a "sector weight" rating to an "overweight" rating and set a $115.00 price objective on the stock in a research note on Wednesday, December 18th. Finally, Wells Fargo & Company upped their price objective on shares of BILL from $55.00 to $65.00 and gave the stock an "underweight" rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat, BILL presently has an average rating of "Moderate Buy" and an average target price of $85.00.

BILL Stock Performance

BILL stock traded up $0.74 during mid-day trading on Friday, reaching $88.98. The company's stock had a trading volume of 1,783,539 shares, compared to its average volume of 2,587,056. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.23. The business has a 50 day moving average price of $87.92 and a 200-day moving average price of $65.38. BILL Holdings, Inc. has a twelve month low of $43.11 and a twelve month high of $97.86. The firm has a market cap of $9.21 billion, a price-to-earnings ratio of -269.63, a PEG ratio of 83.30 and a beta of 1.72.

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.