Bottomline Technologies (EPAY) Director Peter Gibson Buys 2,000 Shares

Bottomline Technologies (NASDAQ:EPAY) Director Peter Gibson acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, March 15th. The stock was acquired at an average cost of $24.42 per share, with a total value of $48,840.00. Following the acquisition, the director now owns 10,000 shares of the company’s stock, valued at $244,200. The purchase was disclosed in a document filed with the SEC, which is available through this link.

Bottomline Technologies (NASDAQ:EPAY) traded down 0.65% during midday trading on Monday, reaching $24.49. The company’s stock had a trading volume of 198,682 shares. The firm has a 50 day moving average price of $25.47 and a 200 day moving average price of $24.33. Bottomline Technologies has a 1-year low of $18.48 and a 1-year high of $31.52. The firm’s market capitalization is $926.14 million.

Bottomline Technologies (NASDAQ:EPAY) last issued its quarterly earnings results on Wednesday, February 1st. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. Bottomline Technologies had a positive return on equity of 6.20% and a negative net margin of 9.01%. The company earned $86.73 million during the quarter, compared to analyst estimates of $85.38 million. During the same period in the previous year, the company earned $0.38 earnings per share. The company’s quarterly revenue was up .8% compared to the same quarter last year. On average, analysts predict that Bottomline Technologies will post $0.94 EPS for the current year.

Insider Buying and Selling by Quarter for Bottomline Technologies (NASDAQ:EPAY)

Your IP Address:

Several hedge funds and other institutional investors have recently modified their holdings of the company. Mesirow Financial Investment Management Equity Management acquired a new position in shares of Bottomline Technologies during the third quarter worth approximately $17,593,000. Fisher Asset Management LLC raised its position in shares of Bottomline Technologies by 51.6% in the third quarter. Fisher Asset Management LLC now owns 490,159 shares of the company’s stock worth $11,426,000 after buying an additional 166,800 shares during the period. Public Employees Retirement Association of Colorado raised its position in shares of Bottomline Technologies by 29.8% in the third quarter. Public Employees Retirement Association of Colorado now owns 453,800 shares of the company’s stock worth $10,578,000 after buying an additional 104,200 shares during the period. Municipal Employees Retirement System of Michigan raised its position in shares of Bottomline Technologies by 1.6% in the third quarter. Municipal Employees Retirement System of Michigan now owns 8,410 shares of the company’s stock worth $196,000 after buying an additional 130 shares during the period. Finally, Bernzott Capital Advisors raised its position in shares of Bottomline Technologies by 44.1% in the third quarter. Bernzott Capital Advisors now owns 691,270 shares of the company’s stock worth $16,114,000 after buying an additional 211,530 shares during the period. Institutional investors own 92.53% of the company’s stock.

A number of equities research analysts have issued reports on EPAY shares. Zacks Investment Research upgraded Bottomline Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, March 14th. TheStreet upgraded Bottomline Technologies from a “d+” rating to a “c” rating in a research note on Wednesday, February 1st. Finally, Needham & Company LLC raised their target price on Bottomline Technologies from $28.00 to $31.00 and gave the company a “buy” rating in a research note on Thursday, February 2nd. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $27.80.

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.

5 Day Chart for NASDAQ:EPAY

Receive News & Ratings for Bottomline Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bottomline Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.