10,860 Shares in BILL Holdings, Inc. (NYSE:BILL) Bought by State of Alaska Department of Revenue

State of Alaska Department of Revenue acquired a new stake in BILL Holdings, Inc. (NYSE:BILL - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 10,860 shares of the company's stock, valued at approximately $919,000.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in BILL by 74.9% during the 4th quarter. GAMMA Investing LLC now owns 306 shares of the company's stock worth $26,000 after acquiring an additional 131 shares during the last quarter. Crewe Advisors LLC boosted its position in BILL by 129.1% during the 4th quarter. Crewe Advisors LLC now owns 307 shares of the company's stock worth $26,000 after acquiring an additional 173 shares during the last quarter. Fifth Third Bancorp acquired a new position in BILL during the 4th quarter worth approximately $27,000. UMB Bank n.a. acquired a new stake in shares of BILL in the 4th quarter valued at approximately $35,000. Finally, Brooklyn Investment Group acquired a new stake in shares of BILL in the 3rd quarter valued at approximately $28,000. Institutional investors and hedge funds own 97.99% of the company's stock.

BILL Stock Performance

BILL stock traded down $1.08 during trading hours on Monday, hitting $59.80. 4,694,181 shares of the stock were exchanged, compared to its average volume of 2,205,951. 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 firm has a market capitalization of $6.19 billion, a P/E ratio of -5,980.20, a P/E/G ratio of 157.98 and a beta of 1.76. The company has a 50-day simple moving average of $85.18 and a two-hundred day simple moving average of $70.06. BILL Holdings, Inc. has a 12 month low of $43.11 and a 12 month high of $100.19.

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BILL (NYSE:BILL - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.38). BILL had a return on equity of 1.50% and a net margin of 5.90%. On average, analysts forecast that BILL Holdings, Inc. will post 0.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BILL has been the subject of several recent analyst reports. Needham & Company LLC reissued a "buy" rating and issued a $100.00 price objective on shares of BILL in a report on Friday, February 7th. Mizuho increased their price objective on BILL from $64.00 to $75.00 and gave the company a "neutral" rating in a report on Friday, December 13th. Wells Fargo & Company cut their price objective on BILL from $65.00 to $57.00 and set an "underweight" rating for the company in a report on Friday, February 7th. Robert W. Baird increased their price objective on BILL from $74.00 to $100.00 and gave the company a "neutral" rating in a report on Tuesday, December 3rd. Finally, Keefe, Bruyette & Woods cut their price objective on BILL from $95.00 to $77.00 and set a "market perform" rating for the company in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, BILL presently has an average rating of "Moderate Buy" and an average price target of $81.72.

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.