Bottomline Technologies (NASDAQ:EPAY) insider Nigel K. Savory sold 5,068 shares of the firm’s stock in a transaction on Tuesday, June 4th. The shares were sold at an average price of $43.35, for a total value of $219,697.80. Following the sale, the insider now directly owns 156,832 shares of the company’s stock, valued at $6,798,667.20. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of EPAY traded down $0.30 during trading hours on Monday, reaching $43.94. 231,172 shares of the company’s stock traded hands, compared to its average volume of 308,630. The company has a market capitalization of $1.92 billion, a PE ratio of 57.82 and a beta of 0.98. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.57 and a current ratio of 1.57. The firm’s 50 day simple moving average is $44.73. Bottomline Technologies has a 12 month low of $39.78 and a 12 month high of $74.05.
Bottomline Technologies (NASDAQ:EPAY) last released its earnings results on Thursday, May 2nd. The technology company reported $0.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.21. The company had revenue of $106.44 million during the quarter, compared to the consensus estimate of $104.46 million. Bottomline Technologies had a return on equity of 8.77% and a net margin of 4.43%. Bottomline Technologies’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS. Analysts expect that Bottomline Technologies will post 0.58 earnings per share for the current year.
Large investors have recently added to or reduced their stakes in the stock. Tortoise Index Solutions LLC bought a new stake in Bottomline Technologies in the first quarter worth $31,000. Marshall Wace LLP bought a new position in shares of Bottomline Technologies during the first quarter valued at $45,000. First Hawaiian Bank lifted its holdings in shares of Bottomline Technologies by 31.0% during the first quarter. First Hawaiian Bank now owns 1,045 shares of the technology company’s stock valued at $52,000 after purchasing an additional 247 shares in the last quarter. Quantamental Technologies LLC bought a new position in shares of Bottomline Technologies during the fourth quarter valued at $91,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Bottomline Technologies by 17.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,701 shares of the technology company’s stock valued at $130,000 after purchasing an additional 406 shares in the last quarter. Institutional investors own 90.10% of the company’s stock.
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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