BILL Holdings, Inc. (NYSE:BILL) Shares Purchased by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC grew its position in shares of BILL Holdings, Inc. (NYSE:BILL) by 10.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,618 shares of the company’s stock after purchasing an additional 455 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in BILL were worth $391,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of BILL. Abdiel Capital Advisors LP grew its holdings in BILL by 48.2% during the third quarter. Abdiel Capital Advisors LP now owns 5,121,139 shares of the company’s stock worth $270,191,000 after acquiring an additional 1,666,316 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of BILL by 70.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,388,441 shares of the company’s stock worth $73,049,000 after purchasing an additional 575,084 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of BILL by 45.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 895,833 shares of the company’s stock worth $47,264,000 after purchasing an additional 279,256 shares in the last quarter. Two Sigma Advisers LP lifted its stake in BILL by 87.0% during the third quarter. Two Sigma Advisers LP now owns 690,800 shares of the company’s stock valued at $36,447,000 after purchasing an additional 321,400 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in BILL by 13.9% during the second quarter. Marshall Wace LLP now owns 635,937 shares of the company’s stock worth $33,463,000 after buying an additional 77,508 shares in the last quarter. Institutional investors own 97.99% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on BILL. Robert W. Baird upped their price target on BILL from $74.00 to $100.00 and gave the company a “neutral” rating in a report on Tuesday, December 3rd. The Goldman Sachs Group upgraded 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 report on Thursday, January 9th. Piper Sandler boosted their price objective on BILL from $60.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Mizuho raised their target price on shares of BILL from $64.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Finally, Oppenheimer boosted their price target on shares of BILL from $70.00 to $83.00 and gave the company an “outperform” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned 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 Stock Up 0.8 %

BILL opened at $88.98 on Tuesday. 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 stock’s fifty day simple moving average is $87.92 and its 200 day simple moving average is $65.47. BILL Holdings, Inc. has a 1-year low of $43.11 and a 1-year high of $97.86. The stock has a market cap of $9.21 billion, a PE ratio of -269.63, a price-to-earnings-growth ratio of 83.30 and a beta of 1.72.

Insider Buying and Selling at BILL

In related news, SVP Germaine Cota sold 1,525 shares of BILL stock in a transaction that occurred 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 sale, the senior vice president now directly owns 5,348 shares in the company, valued at $417,090.52. This trade represents a 22.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alison Wagonfeld sold 779 shares of BILL stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $90.00, for a total value of $70,110.00. Following the transaction, the director now directly owns 259 shares in the company, valued at $23,310. The trade was a 75.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 4.20% of the company’s stock.

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.