Stock Traders Buy High Volume of BILL Call Options (NYSE:BILL)

BILL Holdings, Inc. (NYSE:BILL) saw unusually large options trading on Friday. Stock traders bought 12,509 call options on the company. This represents an increase of 33% compared to the average volume of 9,371 call options.

Wall Street Analysts Forecast Growth

Several brokerages have commented on BILL. Citigroup upgraded BILL to a “strong-buy” rating in a research note on Thursday, October 23rd. Mizuho decreased their price objective on BILL from $50.00 to $43.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. Evercore ISI cut their price target on shares of BILL from $50.00 to $48.00 and set an “in-line” rating for the company in a research report on Thursday, August 28th. JPMorgan Chase & Co. raised their target price on shares of BILL from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Finally, Wolfe Research upgraded BILL from a “peer perform” rating to an “outperform” rating and set a $70.00 price target on the stock in a report on Thursday, September 11th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $58.86.

BILL Price Performance

Shares of NYSE:BILL opened at $53.46 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.67 and a quick ratio of 1.67. The company has a market capitalization of $5.35 billion, a PE ratio of -198.00, a PEG ratio of 7.54 and a beta of 1.35. The business has a fifty day moving average price of $50.25 and a 200-day moving average price of $47.25. BILL has a 1-year low of $36.55 and a 1-year high of $100.19.

BILL (NYSE:BILL) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.10. The company had revenue of $395.74 million for the quarter, compared to analysts’ expectations of $390.91 million. BILL had a return on equity of 1.39% and a net margin of 0.79%.BILL’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.63 earnings per share. BILL has set its FY 2026 guidance at 2.110-2.250 EPS and its Q2 2026 guidance at 0.540-0.570 EPS. As a group, equities analysts expect that BILL will post 0.12 EPS for the current fiscal year.

BILL announced that its Board of Directors has authorized a stock repurchase program on Wednesday, August 27th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the company to buy up to 7.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Insider Transactions at BILL

In other BILL news, SVP Germaine Cota sold 1,104 shares of BILL stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $51.23, for a total value of $56,557.92. Following the sale, the senior vice president owned 10,812 shares of the company’s stock, valued at approximately $553,898.76. The trade was a 9.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 13.20% of the company’s stock.

Hedge Funds Weigh In On BILL

A number of large investors have recently bought and sold shares of BILL. Taylor Frigon Capital Management LLC increased its stake in BILL by 21.8% during the second quarter. Taylor Frigon Capital Management LLC now owns 45,414 shares of the company’s stock worth $2,101,000 after acquiring an additional 8,131 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of BILL by 230.4% during the 1st quarter. Acadian Asset Management LLC now owns 38,237 shares of the company’s stock worth $1,754,000 after purchasing an additional 26,664 shares during the period. Jacobs Levy Equity Management Inc. acquired a new stake in shares of BILL during the 1st quarter worth about $1,207,000. United Services Automobile Association purchased a new stake in BILL in the 1st quarter valued at about $287,000. Finally, Strs Ohio acquired a new position in BILL in the first quarter valued at about $10,892,000. Institutional investors own 97.99% 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.