Bottomline Technologies, Inc. (EPAY) Director Purchases $67,700.00 in Stock
Bottomline Technologies, Inc. (NASDAQ:EPAY) Director Peter Gibson bought 2,000 shares of Bottomline Technologies stock in a transaction that occurred on Monday, December 11th. The shares were acquired at an average price of $33.85 per share, for a total transaction of $67,700.00. Following the acquisition, the director now directly owns 16,000 shares in the company, valued at approximately $541,600. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Bottomline Technologies, Inc. (NASDAQ:EPAY) traded up $0.08 during trading on Tuesday, reaching $33.86. 310,200 shares of the company traded hands, compared to its average volume of 338,800. Bottomline Technologies, Inc. has a 12-month low of $21.52 and a 12-month high of $34.89. The stock has a market cap of $1,367.54, a P/E ratio of 82.39, a price-to-earnings-growth ratio of 5.86 and a beta of 1.16.
Bottomline Technologies (NASDAQ:EPAY) last released its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.05. Bottomline Technologies had a negative net margin of 7.51% and a positive return on equity of 5.84%. The firm had revenue of $91.30 million for the quarter, compared to the consensus estimate of $89.70 million. During the same quarter in the previous year, the firm posted $0.22 EPS. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. analysts forecast that Bottomline Technologies, Inc. will post 0.48 EPS for the current year.
Several research firms recently weighed in on EPAY. Zacks Investment Research upgraded shares of Bottomline Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th. Royal Bank of Canada restated a “hold” rating and set a $29.00 target price on shares of Bottomline Technologies in a report on Monday, September 11th. Finally, Needham & Company LLC restated a “buy” rating and set a $38.00 target price on shares of Bottomline Technologies in a report on Friday, November 3rd. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $34.00.
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Bottomline Technologies Company Profile
Bottomline Technologies (de), Inc is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer’s location.
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