Kera Capital Partners Inc. Buys Shares of 3,058 BILL Holdings, Inc. (NYSE:BILL)

Kera Capital Partners Inc. purchased a new position in shares of BILL Holdings, Inc. (NYSE:BILL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,058 shares of the company’s stock, valued at approximately $259,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in shares of BILL by 74.9% during the 4th quarter. GAMMA Investing LLC now owns 306 shares of the company’s stock valued at $26,000 after purchasing an additional 131 shares in the last quarter. Brooklyn Investment Group acquired a new stake in BILL during the 3rd quarter worth approximately $28,000. Advisors Asset Management Inc. lifted its stake in BILL by 30.8% in the third quarter. Advisors Asset Management Inc. now owns 1,101 shares of the company’s stock valued at $58,000 after buying an additional 259 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of BILL by 377.8% in the third quarter. Venturi Wealth Management LLC now owns 1,290 shares of the company’s stock valued at $68,000 after buying an additional 1,020 shares during the period. Finally, Covestor Ltd increased its position in shares of BILL by 15.1% during the third quarter. Covestor Ltd now owns 1,897 shares of the company’s stock worth $100,000 after acquiring an additional 249 shares in the last quarter. 97.99% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other BILL news, Director Alison Wagonfeld sold 519 shares of BILL stock in a transaction on Monday, October 21st. The shares were sold at an average price of $57.50, for a total transaction of $29,842.50. Following the completion of the transaction, the director now directly owns 1,038 shares of the company’s stock, valued at $59,685. The trade was a 33.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Germaine Cota sold 1,525 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $77.99, for a total transaction of $118,934.75. Following the completion of the transaction, the senior vice president now directly owns 5,348 shares in the company, valued at $417,090.52. The trade was a 22.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,823 shares of company stock valued at $218,887 over the last 90 days. 4.20% of the stock is currently owned by insiders.

BILL Stock Up 0.8 %

Shares of BILL stock opened at $88.98 on Friday. BILL Holdings, Inc. has a 52-week low of $43.11 and a 52-week high of $97.86. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of -269.63, a PEG ratio of 83.30 and a beta of 1.72. The firm’s 50-day moving average is $87.92 and its 200-day moving average is $65.30. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 1.53.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BILL shares. Mizuho boosted their price objective on shares of BILL from $64.00 to $75.00 and gave the company a “neutral” rating in a research report on Friday, December 13th. Wells Fargo & Company boosted their price target on BILL from $55.00 to $65.00 and gave the company an “underweight” rating in a report on Thursday. Oppenheimer increased their price objective on BILL from $70.00 to $83.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Susquehanna boosted their target price on BILL from $91.00 to $100.00 and gave the company a “positive” rating in a research note on Tuesday, January 7th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of BILL from $100.00 to $95.00 and set a “market perform” rating for the company in a research note on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $85.00.

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.