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Recent Insider Activity Suggests Potential Gains for BILL Holdings Inc (BILL)

BILL Holdings Inc’s recently made public that its Director Wagonfeld Alison unloaded Company’s shares for reported $0.21 million on Dec 09 ’24. In the deal valued at $96.28 per share,2,163 shares were sold. As a result of this transaction, Wagonfeld Alison now holds 979 shares worth roughly $87033.1.

Then, ALISON WAGONFELD bought 1,500 shares, generating $146,115 in total proceeds.

Before that, Aji Rajesh A. sold 1,905 shares. BILL Holdings Inc shares valued at $171,431 were divested by the CLO & CCO at a price of $89.99 per share. As a result of the transaction, Aji Rajesh A. now holds 7,812 shares, worth roughly $0.69 million.

Morgan Stanley upgraded its BILL Holdings Inc [BILL] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. KeyBanc Capital Markets also remained covering BILL and has increased its forecast on December 18, 2024 with a “an Overweight” recommendation from previously “Sector weight” rating. Exane BNP Paribas revised its rating on September 12, 2024. It rated BILL as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of BILL

On Friday, BILL Holdings Inc [NYSE:BILL] saw its stock jump 0.75% to $88.90. Over the last five days, the stock has gained 6.85%. BILL Holdings Inc shares have risen nearly 4.95% since the year began. Nevertheless, the stocks have risen 20.38% over the past one year. While a 52-week high of $97.86 was reached on 01/16/25, a 52-week low of $43.11 was recorded on 01/13/25. SMA at 50 days reached $86.38, while 200 days put it at $62.21.

Levels Of Support And Resistance For BILL Stock

The 24-hour chart illustrates a support level at 88.04, which if violated will result in even more drops to 87.17. On the upside, there is a resistance level at 89.68. A further resistance level may holdings at 90.46. The Relative Strength Index (RSI) on the 14-day chart is 56.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.79, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.45%. Stochastics %K at 79.91% indicates the stock is a holding.

How much short interest is there in BILL Holdings Inc?

A steep rise in short interest was recorded in BILL Holdings Inc stocks on 2024-12-31, growing by 3.82 million shares to a total of 7.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.23 million shares. There was a rise of 54.16%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on August 26, 2024 when BMO Capital Markets resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $57.

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