Nigel K. Savory Sells 1,415 Shares of Bottomline Technologies (de), Inc. (NASDAQ:EPAY) Stock


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Bottomline Technologies (de), Inc. (NASDAQ:EPAY) Director Nigel K. Savory sold 1,415 shares of the firm’s stock in a transaction that occurred on Monday, April 5th. The stock was sold at an average price of $46.04, for a total transaction of $65,146.60. Following the sale, the director now directly owns 131,939 shares in the company, valued at approximately $6,074,471.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of NASDAQ EPAY opened at $45.22 on Thursday. The firm has a market capitalization of $2.04 billion, a P/E ratio of -251.21, a PEG ratio of 5.50 and a beta of 1.29. Bottomline Technologies has a one year low of $34.98 and a one year high of $55.63. The company’s fifty day moving average is $46.26 and its two-hundred day moving average is $46.64. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.27 and a current ratio of 2.27.

Bottomline Technologies (de) (NASDAQ:EPAY) last released its quarterly earnings results on Monday, February 1st. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.02. The business had revenue of $116.02 million during the quarter, compared to the consensus estimate of $113.83 million. Bottomline Technologies (de) had a positive return on equity of 3.79% and a negative net margin of 1.67%. The business’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.33 EPS. On average, sell-side analysts forecast that Bottomline Technologies will post 0.49 earnings per share for the current fiscal year.

A number of equities analysts have recently issued reports on EPAY shares. Zacks Investment Research lowered shares of Bottomline Technologies (de) from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 9th. Needham & Company LLC raised their target price on shares of Bottomline Technologies (de) from $55.00 to $58.00 and gave the stock a “buy” rating in a research report on Wednesday, February 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $54.69.

Large investors have recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in shares of Bottomline Technologies (de) during the 4th quarter worth $35,000. Vantage Consulting Group Inc acquired a new position in shares of Bottomline Technologies (de) during the 4th quarter worth $47,000. Marshall Wace LLP acquired a new position in shares of Bottomline Technologies (de) during the 1st quarter worth $45,000. Veriti Management LLC acquired a new position in shares of Bottomline Technologies (de) during the 4th quarter worth $66,000. Finally, Point72 Hong Kong Ltd raised its stake in shares of Bottomline Technologies (de) by 109.7% during the 3rd quarter. Point72 Hong Kong Ltd now owns 1,258 shares of the technology company’s stock worth $53,000 after buying an additional 658 shares during the last quarter. 91.49% of the stock is owned by institutional investors and hedge funds.

Bottomline Technologies (de) Company Profile

Bottomline Technologies (de), Inc provides various solutions for the banking, financial services, insurance, healthcare, technology, retail, communications, education, media, manufacturing, and government industries. It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Documents, and Other.

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Insider Buying and Selling by Quarter for Bottomline Technologies (de) (NASDAQ:EPAY)

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