Robert A. Eberle Sells 12,601 Shares of Bottomline Technologies, Inc. (EPAY) Stock
Bottomline Technologies, Inc. (NASDAQ:EPAY) CEO Robert A. Eberle sold 12,601 shares of the firm’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $33.51, for a total transaction of $422,259.51. Following the completion of the transaction, the chief executive officer now owns 366,499 shares in the company, valued at $12,281,381.49. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Shares of Bottomline Technologies, Inc. (EPAY) traded up $0.08 during trading on Monday, hitting $33.86. 310,295 shares of the stock traded hands, compared to its average volume of 338,800. Bottomline Technologies, Inc. has a 1-year low of $21.52 and a 1-year high of $34.89. The firm has a market cap of $1,370.00, a price-to-earnings ratio of 82.39, a P/E/G ratio of 5.86 and a beta of 1.16.
Bottomline Technologies (NASDAQ:EPAY) last issued its earnings results on Thursday, November 2nd. The technology company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.05. Bottomline Technologies had a negative net margin of 7.51% and a positive return on equity of 5.84%. The business had revenue of $91.30 million for the quarter, compared to analyst estimates of $89.70 million. During the same period in the previous year, the business earned $0.22 EPS. The firm’s revenue was up 9.9% on a year-over-year basis. equities research analysts anticipate that Bottomline Technologies, Inc. will post 0.48 EPS for the current year.
EPAY has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Bottomline Technologies from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research note on Wednesday, November 8th. Needham & Company LLC restated a “buy” rating and issued a $38.00 price target on shares of Bottomline Technologies in a research report on Friday, November 3rd. Finally, Royal Bank of Canada restated a “hold” rating and issued a $29.00 price target on shares of Bottomline Technologies in a research report on Monday, September 11th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $34.00.
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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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