Bottomline Technologies (de), Inc. (NASDAQ:EPAY) CFO Sells $43,914.96 in Stock

Bottomline Technologies (de), Inc. (NASDAQ:EPAY) CFO Richard Douglas Booth sold 1,004 shares of the stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $43.74, for a total value of $43,914.96. Following the sale, the chief financial officer now directly owns 109,764 shares in the company, valued at approximately $4,801,077.36. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Richard Douglas Booth also recently made the following trade(s):

  • On Friday, October 2nd, Richard Douglas Booth sold 1,100 shares of Bottomline Technologies (de) stock. The stock was sold at an average price of $42.14, for a total value of $46,354.00.
  • On Monday, August 24th, Richard Douglas Booth sold 26,468 shares of Bottomline Technologies (de) stock. The stock was sold at an average price of $47.86, for a total value of $1,266,758.48.
  • On Friday, July 31st, Richard Douglas Booth sold 3,864 shares of Bottomline Technologies (de) stock. The stock was sold at an average price of $47.57, for a total value of $183,810.48.

Shares of Bottomline Technologies (de) stock opened at $42.92 on Friday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $1.92 billion, a PE ratio of -195.09, a price-to-earnings-growth ratio of 5.19 and a beta of 1.25. The business’s 50-day moving average price is $43.82 and its 200-day moving average price is $45.61. Bottomline Technologies has a 12 month low of $27.82 and a 12 month high of $57.22.

Bottomline Technologies (de) (NASDAQ:EPAY) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.25 by $0.01. The firm had revenue of $110.40 million for the quarter, compared to analyst estimates of $109.16 million. Bottomline Technologies (de) had a positive return on equity of 3.68% and a negative net margin of 2.09%. The company’s revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.34 EPS. As a group, analysts predict that Bottomline Technologies will post 0.44 earnings per share for the current fiscal year.

A number of analysts recently issued reports on the company. Needham & Company LLC increased their price objective on Bottomline Technologies (de) from $48.00 to $62.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Royal Bank of Canada upped their target price on Bottomline Technologies (de) from $51.00 to $57.00 and gave the stock a “sector perform” rating in a research note on Friday, August 7th. Citigroup upped their target price on Bottomline Technologies (de) from $55.00 to $57.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. Barrington Research restated a “buy” rating on shares of Bottomline Technologies (de) in a research note on Monday, October 5th. Finally, BidaskClub upgraded Bottomline Technologies (de) from a “strong sell” rating to a “sell” rating in a research note on Saturday, September 19th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company’s stock. Bottomline Technologies (de) has an average rating of “Hold” and an average target price of $52.06.

Institutional investors have recently made changes to their positions in the company. Point72 Hong Kong Ltd increased its position in shares of Bottomline Technologies (de) by 165.5% during the 2nd quarter. Point72 Hong Kong Ltd now owns 600 shares of the technology company’s stock valued at $30,000 after purchasing an additional 374 shares during the last quarter. Asset Management One Co. Ltd. purchased a new stake in Bottomline Technologies (de) during the 1st quarter valued at about $35,000. Marshall Wace LLP purchased a new stake in Bottomline Technologies (de) during the 1st quarter valued at about $45,000. Advisor Group Holdings Inc. purchased a new stake in Bottomline Technologies (de) during the 1st quarter valued at about $67,000. Finally, Macquarie Group Ltd. purchased a new stake in Bottomline Technologies (de) during the 2nd quarter valued at about $68,000. Hedge funds and other institutional investors own 91.89% of the company’s stock.

About Bottomline Technologies (de)

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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