Crossmark Global Holdings Inc. Makes New Investment in BILL Holdings, Inc. (NYSE:BILL)

Crossmark Global Holdings Inc. bought a new position in BILL Holdings, Inc. (NYSE:BILL) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 4,705 shares of the company’s stock, valued at approximately $398,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. UMB Bank n.a. purchased a new position in BILL during the 4th quarter valued at about $35,000. Aaron Wealth Advisors LLC lifted its stake in shares of BILL by 10.9% during the 4th quarter. Aaron Wealth Advisors LLC now owns 4,618 shares of the company’s stock valued at $391,000 after buying an additional 455 shares in the last quarter. Kera Capital Partners Inc. bought a new stake in shares of BILL during the fourth quarter valued at approximately $259,000. Gateway Investment Advisers LLC bought a new stake in BILL in the 4th quarter worth approximately $1,832,000. Finally, Fifth Third Wealth Advisors LLC purchased a new position in BILL in the fourth quarter worth about $239,000. Institutional investors own 97.99% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. The Goldman Sachs Group raised shares of BILL from a “neutral” rating to a “buy” rating and raised their price target for the stock from $96.00 to $104.00 in a research note on Thursday, January 9th. Piper Sandler raised their target price on BILL from $60.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Morgan Stanley raised shares of BILL from an “equal weight” rating to an “overweight” rating and set a $95.00 price objective on the stock in a report on Thursday, January 16th. Susquehanna lifted their price objective on BILL from $91.00 to $100.00 and gave the stock a “positive” rating in a research report on Tuesday, January 7th. Finally, Oppenheimer upped their target price on shares of BILL from $70.00 to $83.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $85.00.

BILL Trading Up 1.7 %

Shares of NYSE BILL opened at $93.88 on Monday. The firm has a market capitalization of $9.72 billion, a PE ratio of -284.48, a PEG ratio of 89.33 and a beta of 1.72. BILL Holdings, Inc. has a one year low of $43.11 and a one year high of $97.86. 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 $88.35 and a two-hundred day moving average price of $66.75.

Insider Buying and Selling at BILL

In other BILL news, Director Alison Wagonfeld sold 779 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $90.00, for a total transaction of $70,110.00. Following the completion of the transaction, the director now owns 259 shares in the company, valued at $23,310. This trade represents a 75.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Germaine Cota sold 1,525 shares of the 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 transaction, the senior vice president now 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 disclosure for this sale can be found here. Corporate 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.