BILL HoldingsBILL
Market Cap: $5.87B
About: BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
Employees: 2,187
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
39% more call options, than puts
Call options by funds: $161M | Put options by funds: $116M
14% more funds holding in top 10
Funds holding in top 10: 7 [Q1] → 8 (+1) [Q2]
2% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 120
10% less funds holding
Funds holding: 367 [Q1] → 332 (-35) [Q2]
9.72% less ownership
Funds ownership: 96.69% [Q1] → 86.97% (-9.72%) [Q2]
30% less capital invested
Capital invested by funds: $6.98B [Q1] → $4.86B (-$2.12B) [Q2]
36% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 98
Research analyst outlook
21 Wall Street Analysts provided 1 year price targets over the past 3 months
21 analyst ratings
Mizuho Siti Panigrahi 42% 1-year accuracy 8 / 19 met price target | 6%downside $52 | Neutral Maintained | 28 Aug 2024 |
BMO Capital Daniel Jester 29% 1-year accuracy 6 / 21 met price target | 4%upside $57 | Market Perform Maintained | 26 Aug 2024 |
Goldman Sachs Will Nance 63% 1-year accuracy 26 / 41 met price target | 2%downside $54 | Neutral Downgraded | 23 Aug 2024 |
Evercore ISI Group Peter Levine 38% 1-year accuracy 3 / 8 met price target | 9%upside $60 | In-Line Maintained | 23 Aug 2024 |
Baird David Koning 59% 1-year accuracy 17 / 29 met price target | 9%upside $60 | Neutral Maintained | 23 Aug 2024 |
Financial journalist opinion
Based on 14 articles about BILL published over the past 30 days