Bottomline Technologies (NASDAQ:EPAY) Director Nigel K. Savory sold 14,116 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $50.06, for a total transaction of $706,646.96. Following the completion of the transaction, the director now owns 136,798 shares in the company, valued at $6,848,107.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of EPAY traded down $1.01 on Friday, reaching $48.25. 60,781 shares of the company’s stock were exchanged, compared to its average volume of 374,495. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $2.22 billion, a P/E ratio of -820.86 and a beta of 1.23. The business has a 50 day moving average price of $39.41 and a two-hundred day moving average price of $45.48. Bottomline Technologies has a 12 month low of $27.82 and a 12 month high of $57.22.
Bottomline Technologies (NASDAQ:EPAY) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $0.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.33 by ($0.06). The business had revenue of $111.70 million for the quarter, compared to the consensus estimate of $113.06 million. Bottomline Technologies had a positive return on equity of 4.17% and a negative net margin of 0.61%. The company’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the firm earned $0.33 earnings per share. Equities research analysts predict that Bottomline Technologies will post 0.5 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisors Asset Management Inc. raised its stake in shares of Bottomline Technologies by 500.0% during the fourth quarter. Advisors Asset Management Inc. now owns 486 shares of the technology company’s stock worth $26,000 after buying an additional 405 shares during the last quarter. Point72 Hong Kong Ltd raised its stake in shares of Bottomline Technologies by 382.3% during the fourth quarter. Point72 Hong Kong Ltd now owns 545 shares of the technology company’s stock worth $29,000 after buying an additional 432 shares during the last quarter. Asset Management One Co. Ltd. bought a new stake in shares of Bottomline Technologies during the first quarter worth approximately $35,000. Cognios Capital LLC bought a new stake in shares of Bottomline Technologies during the first quarter worth approximately $45,000. Finally, Marshall Wace LLP bought a new stake in shares of Bottomline Technologies during the first quarter worth approximately $45,000. 90.97% of the stock is owned by institutional investors and hedge funds.
Bottomline Technologies Company Profile
Bottomline Technologies (de), Inc provides software as a service based solutions. It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Transactional Documents, and Other. The company's products and services include Paymode-X, a cloud-based payment network, which allows businesses to transition to electronic integrated payables; and cloud-based financial messaging solutions that enable banks and corporations to exchange financial information, such as payment instructions, cash reporting, and other messages to facilitate transaction settlement.
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