Bottomline Technologies (NASDAQ:EPAY) Director Jennifer M. Gray sold 2,000 shares of the stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $37.13, for a total value of $74,260.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $185,650. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Bottomline Technologies (EPAY) traded down $0.48 on Wednesday, hitting $38.71. The stock had a trading volume of 347,386 shares, compared to its average volume of 362,454. The company has a market cap of $1,570.00, a price-to-earnings ratio of -107.53 and a beta of 1.03. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.53. Bottomline Technologies has a 1-year low of $21.52 and a 1-year high of $39.99.
Bottomline Technologies (NASDAQ:EPAY) last released its quarterly earnings data on Thursday, February 1st. The technology company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.05. The business had revenue of $95.20 million during the quarter, compared to analyst estimates of $92.51 million. Bottomline Technologies had a positive return on equity of 7.20% and a negative net margin of 3.67%. The company’s revenue was up 9.8% compared to the same quarter last year. During the same period last year, the company posted $0.26 EPS. equities research analysts expect that Bottomline Technologies will post 0.54 EPS for the current fiscal year.
Institutional investors have recently modified their holdings of the company. Macquarie Group Ltd. acquired a new stake in shares of Bottomline Technologies in the third quarter worth $204,000. Xact Kapitalforvaltning AB acquired a new stake in shares of Bottomline Technologies in the fourth quarter worth $205,000. Crossmark Global Holdings Inc. acquired a new stake in shares of Bottomline Technologies in the third quarter worth $217,000. FDx Advisors Inc. acquired a new stake in shares of Bottomline Technologies in the third quarter worth $227,000. Finally, Zions Bancorporation acquired a new stake in Bottomline Technologies during the third quarter valued at $253,000. 92.44% of the stock is owned by institutional investors and hedge funds.
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.
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