Bottomline Technologies, Inc. (EPAY) Director Sells $69,020.00 in Stock
Bottomline Technologies, Inc. (NASDAQ:EPAY) Director Ken D’amato sold 2,000 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $34.51, for a total value of $69,020.00. Following the transaction, the director now directly owns 18,000 shares in the company, valued at $621,180. The sale was disclosed in a filing with the SEC, which is available through this link.
Shares of Bottomline Technologies, Inc. (NASDAQ EPAY) traded down $0.12 on Friday, hitting $34.56. The stock had a trading volume of 413,600 shares, compared to its average volume of 339,258. Bottomline Technologies, Inc. has a 1 year low of $21.52 and a 1 year high of $34.89. The stock has a market capitalization of $1,403.97, a P/E ratio of 84.58, a price-to-earnings-growth ratio of 6.02 and a beta of 1.16.
Bottomline Technologies (NASDAQ:EPAY) last issued its earnings results on Thursday, November 2nd. The technology company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.05. Bottomline Technologies had a positive return on equity of 5.84% and a negative net margin of 7.51%. 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 prior year, the business earned $0.22 earnings per share. The company’s revenue was up 9.9% compared to the same quarter last year. research analysts predict that Bottomline Technologies, Inc. will post 0.48 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently modified their holdings of the company. California Public Employees Retirement System boosted its position in Bottomline Technologies by 7.7% during the third quarter. California Public Employees Retirement System now owns 75,383 shares of the technology company’s stock worth $2,399,000 after purchasing an additional 5,383 shares in the last quarter. Zions Bancorporation purchased a new position in Bottomline Technologies during the third quarter worth approximately $253,000. Stifel Financial Corp boosted its position in Bottomline Technologies by 6.9% during the third quarter. Stifel Financial Corp now owns 381,525 shares of the technology company’s stock worth $12,150,000 after purchasing an additional 24,715 shares in the last quarter. OxFORD Asset Management LLP boosted its position in Bottomline Technologies by 209.6% during the third quarter. OxFORD Asset Management LLP now owns 329,412 shares of the technology company’s stock worth $10,488,000 after purchasing an additional 223,009 shares in the last quarter. Finally, Westfield Capital Management Co. LP purchased a new position in Bottomline Technologies during the third quarter worth approximately $20,396,000. Hedge funds and other institutional investors own 98.53% of the company’s stock.
About Bottomline Technologies
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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