Norman J. Deluca Sells 9,708 Shares of Bottomline Technologies, Inc. (EPAY) Stock
Bottomline Technologies, Inc. (NASDAQ:EPAY) insider Norman J. Deluca sold 9,708 shares of the company’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $33.58, for a total transaction of $325,994.64. Following the completion of the transaction, the insider now owns 89,925 shares in the company, valued at approximately $3,019,681.50. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Bottomline Technologies, Inc. (NASDAQ:EPAY) traded up $0.08 during trading hours on Monday, reaching $33.86. 310,295 shares of the company’s stock were exchanged, compared to its average volume of 338,800. The firm has a market capitalization of $1,370.00, a PE ratio of 82.39, a price-to-earnings-growth ratio of 5.86 and a beta of 1.16. Bottomline Technologies, Inc. has a 1-year low of $21.52 and a 1-year high of $34.89.
Bottomline Technologies (NASDAQ:EPAY) last posted its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.05. The business had revenue of $91.30 million during the quarter, compared to analysts’ expectations of $89.70 million. Bottomline Technologies had a negative net margin of 7.51% and a positive return on equity of 5.84%. The business’s quarterly revenue was up 9.9% on a year-over-year basis. During the same period last year, the company posted $0.22 earnings per share. equities research analysts expect that Bottomline Technologies, Inc. will post 0.48 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Global X Management Co. LLC raised its position in Bottomline Technologies by 399.3% in the second quarter. Global X Management Co. LLC now owns 5,752 shares of the technology company’s stock worth $148,000 after acquiring an additional 4,600 shares during the period. Piedmont Investment Advisors LLC bought a new stake in shares of Bottomline Technologies in the second quarter valued at approximately $201,000. Macquarie Group Ltd. bought a new stake in shares of Bottomline Technologies in the third quarter valued at approximately $204,000. LaSalle Street Capital Management LLC bought a new stake in shares of Bottomline Technologies in the second quarter valued at approximately $209,000. Finally, Crossmark Global Holdings Inc. bought a new stake in shares of Bottomline Technologies in the third quarter valued at approximately $217,000. Hedge funds and other institutional investors own 98.53% of the company’s stock.
COPYRIGHT VIOLATION WARNING: “Norman J. Deluca Sells 9,708 Shares of Bottomline Technologies, Inc. (EPAY) Stock” was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another site, it was copied illegally and reposted in violation of United States & international trademark and copyright law. The correct version of this article can be read at https://www.watchlistnews.com/norman-j-deluca-sells-9708-shares-of-bottomline-technologies-inc-epay-stock/1758284.html.
About Bottomline Technologies
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.
Receive News & Ratings for Bottomline Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bottomline Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.