The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. BILL Holdings Inc shares valued at $208,254 were sold by Wagonfeld Alison on Dec 09 ’24. At $96.28 per share, Wagonfeld Alison sold 2,163 shares. The insider’s holdings dropped to 979 shares worth approximately $94101.48000000001 following the completion of this transaction.
Also, ALISON WAGONFELD purchased 1,500 shares, netting a total of over 146,115 in proceeds.
Before that, Aji Rajesh A. had sold 1,905 shares from its account. In a trade valued at $171,431, the CLO & CCO traded BILL Holdings Inc shares for $89.99 each. Upon closing the transaction, the insider’s holdings decreased to 1,905 shares, worth approximately $0.75 million.
As published in a research note from Morgan Stanley on January 16, 2025, BILL Holdings Inc [BILL] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $95. Analysts at Goldman upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of December 18, 2024, KeyBanc Capital Markets has increased its “Sector weight” rating to a “an Overweight” for BILL. Earlier on September 12, 2024, Exane BNP Paribas upgraded its rating. Their new recommendation was “an Outperform” for BILL stock which previously was a “a Neutral”.
Analyzing BILL Stock Performance
During the last five days, there has been a surge of approximately 4.12%. Over the course of the year, BILL Holdings Inc shares have jumped approximately 13.47%. Shares of the company reached a 52-week high of $98.57 on 01/28/25 and a 52-week low of $79.43 on 01/13/25. A 50-day SMA is recorded $89.02, while a 200-day SMA reached $63.42. Nevertheless, trading volume fell to 1.33 million shares from 1.68 million shares the previous day.
Support And Resistance Levels for BILL Holdings Inc (BILL)
According to the 24-hour chart, there is a support level at 95.25, which, if violated, would cause prices to drop to 94.39. In the upper region, resistance lies at 96.98. The next price resistance is at 97.84. RSI (Relative Strength Index) is 64.59 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.12, which suggests the price will increase in the coming days. Percent R is at 12.80%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
