Director Alison Wagonfeld executed a sale of 519 shares of BILL Holdings Inc (BILL, Financial) on October 21, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 1,038 shares of the company. The shares were sold at a price of $57.5 per share.
BILL Holdings Inc operates in the financial technology sector, providing cloud-based software that automates complex back-office financial operations for small and midsize businesses. The company's solutions streamline and reduce the complexities of financial operations and business transactions.
Over the past year, Alison Wagonfeld has sold a total of 519 shares and has not purchased any shares. The insider transaction history for BILL Holdings Inc shows a pattern of more insider sales than buys, with 14 insider sells and 5 insider buys over the past year.
Shares of BILL Holdings Inc were trading at $57.5 on the day of the transaction, giving the company a market cap of approximately $5.9 billion. According to the GF Value, the intrinsic value estimate for BILL Holdings Inc is $167.13 per share, indicating a price-to-GF-Value ratio of 0.34. This suggests that the stock might be a Possible Value Trap, and investors should think twice before investing.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might provide current and potential investors with insights into the insider's perspective on the stock's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
