BILL Holdings Inc (BILL) did well last session?

While BILL Holdings Inc has underperformed by -0.25%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BILL fell by -27.99%, with highs and lows ranging from $139.50 to $51.94, whereas the simple moving average fell by -21.62% in the last 200 days.

On January 23, 2024, Wells Fargo Downgraded BILL Holdings Inc (NYSE: BILL) to Equal Weight.

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Analysis of BILL Holdings Inc (BILL)

Further, the quarter-over-quarter increase in sales is 32.65%, showing a positive trend in the upcoming months.

BILL Holdings Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of -4.16% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.81, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

For any stock, average volume can be an extremely valuable indicator of volatility, and BILL is registering an average volume of 3.06M. On a monthly basis, the volatility of the stock is set at 3.67%, whereas on a weekly basis, it is put at 4.47%, with a gain of 1.42% over the past seven days. Furthermore, long-term investors anticipate a median target price of $83.52, showing growth from the present price of $74.93, which can serve as yet another indication of whether BILL is worth investing in or should be passed over.

How Do You Analyze BILL Holdings Inc Shares?

Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.52%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 99.29% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

Are institutional investors increasing their holdings in BILL shares?

The recent increase in stakes in BILL appears to be a result of several institutional investors and hedge funds increasing their positions. T. Rowe Price Associates, Inc.’s position in BILL has increased by 1.75% in the first quarter. The company now owns 12,675,081 shares of the stock, with a value of $1.03 billion, following the purchase of 218,555 additional shares during the last quarter. Morgan Stanley Investment Managem made another increased to its shares in BILL during the first quarter, upping its stake by 6.22%. During the last quarter, the company picked up 644,457 additional shares for a total stake of worth $898.46 million, bringing number of shares owned by the company to 11,011,921.

At the end of the first quarter, Fidelity Management & Research Co increased its BILL holdings by 19.88% and now holds 5.12 million BILL shares valued at $417.36 million with the added 0.85 million shares during the period. BILL shares are owned by institutional investors to the tune of 99.29% at present.

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