Elliott Investment Management L.P. Reduces $96M in BILL Holdings, Inc. ($BILL)
Key Points
- Elliott Investment Management L.P. changed its BILL Holdings, Inc. ($BILL) stake by 100.0% last quarter, cutting to 0 shares.
- Wall Street's consensus rating on $BILL is Buy and an average price target of $54.29.
- $BILL last traded around $32.13.
Elliott Investment Management L.P. reduced its position in BILL Holdings, Inc. ($BILL), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of BILL Holdings, Inc. after selling 3,000,000 shares during the quarter.
BILL Holdings, Inc. ($BILL) Stock
BILL Holdings, Inc. Earnings
Analysts Set New Price Targets
About BILL Holdings, Inc.
BILL Holdings, Inc. provides financial operations platform for small and midsize businesses worldwide. It 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 businesses to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve back-office efficiency. The company also offers onboarding implementation support, and ongoing support and training services. In addition, the company's artificial intelligence enabled financial software platform provides connections between suppliers and clients. It serves accounting firms, financial institutions, and software provider companies. The company was formerly known as Bill.com Holdings, Inc. and changed its name to BILL Holdings, Inc. in February 2023. BILL Holdings, Inc. was incorporated in 2006 and is headquartered in San Jose, California.
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