Bottomline Technologies (EPAY) Insider Sells $338,155.50 in Stock
Bottomline Technologies (NASDAQ:EPAY) insider Robert A. Eberle sold 9,078 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $37.25, for a total transaction of $338,155.50. Following the transaction, the insider now owns 347,341 shares in the company, valued at $12,938,452.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Bottomline Technologies (NASDAQ:EPAY) traded down $0.18 during trading hours on Thursday, reaching $37.09. 149,400 shares of the company were exchanged, compared to its average volume of 300,814. Bottomline Technologies has a 1 year low of $21.52 and a 1 year high of $39.50. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.53. The stock has a market cap of $1,516.16, a price-to-earnings ratio of 73.08 and a beta of 1.12.
Bottomline Technologies (NASDAQ:EPAY) last posted its quarterly earnings data on Thursday, February 1st. The technology company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.05. Bottomline Technologies had a negative net margin of 3.67% and a positive return on equity of 7.20%. The firm had revenue of $95.20 million for the quarter, compared to analyst estimates of $92.51 million. During the same period last year, the firm posted $0.26 EPS. Bottomline Technologies’s quarterly revenue was up 9.8% on a year-over-year basis. equities research analysts anticipate that Bottomline Technologies will post 0.53 earnings per share for the current year.
Several hedge funds and other institutional investors have recently modified their holdings of the business. TIAA CREF Investment Management LLC boosted its position in shares of Bottomline Technologies by 0.5% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 118,347 shares of the technology company’s stock worth $3,040,000 after purchasing an additional 633 shares in the last quarter. American International Group Inc. boosted its position in shares of Bottomline Technologies by 5.9% during the 3rd quarter. American International Group Inc. now owns 31,072 shares of the technology company’s stock worth $989,000 after purchasing an additional 1,740 shares in the last quarter. FDx Advisors Inc. raised its stake in shares of Bottomline Technologies by 28.4% during the 4th quarter. FDx Advisors Inc. now owns 9,172 shares of the technology company’s stock worth $318,000 after buying an additional 2,026 shares during the last quarter. Martingale Asset Management L P raised its stake in shares of Bottomline Technologies by 1.8% during the 4th quarter. Martingale Asset Management L P now owns 122,231 shares of the technology company’s stock worth $4,239,000 after buying an additional 2,219 shares during the last quarter. Finally, UBS Asset Management Americas Inc. raised its stake in shares of Bottomline Technologies by 13.5% during the 4th quarter. UBS Asset Management Americas Inc. now owns 21,129 shares of the technology company’s stock worth $733,000 after buying an additional 2,511 shares during the last quarter. Institutional investors own 97.13% of the company’s stock.
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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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