BILL
INSIDER SELLBILL Holdings, Inc.
Research: Finviz ↗·Perplexity ↗
No convergence signal this quarter — shown because tracked funds have filed 13D/G on this stock.
News Summary
NeutralBILL Holdings delivered Q4 FY2026 with 13% revenue growth to $1.65B and a Q4 EPS beat (84¢ vs. 70¢ expected), achieving its first GAAP profitable quarter in Q3; however, full-year net loss widened versus prior year and core revenue growth is decelerating relative to software industry peers. The company launched a $1B buyback and reorganized leadership around AI/product strategy, but analyst commentary flags execution risks from cost-cutting and remote-first transition.
Red flags
- •Full-year net loss of $11.24M ($0.11 EPS) versus $0.23 EPS profit in FY2025, despite revenue growth
- •Core revenue growth of 13% trails software industry forecast of 17%; BILL's 3-year growth forecast only 9.3% vs. 17% industry average
- •Analyst concerns over execution risk from recent cost-cutting, job cuts, and remote-first restructuring threatening long-term profitability
- •Mixed analyst sentiment with acknowledged 'recent slowdown' in growth despite raised price targets
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed | Src |
|---|---|---|---|---|---|---|---|
| Lacerte Rene A. | CEO | SELL | 11K | $49.86 | $0.55M | 2026-09-03 | ↗ |
| Lacerte Rene A. | CEO | SELL | 10K | $50.50 | $0.51M | 2026-09-03 | ↗ |
| Lacerte Rene A. | CEO | SELL | 15K | $50.01 | $0.77M | 2026-09-03 | ↗ |
| Lacerte Rene A. | CEO | SELL | 6K | $50.62 | $0.29M | 2026-09-03 | ↗ |
| Lacerte Rene A. | CEO | SELL | 11K | $48.01 | $0.51M | 2026-09-02 | ↗ |
| Lacerte Rene A. | CEO | SELL | 24K | $48.59 | $1.18M | 2026-09-02 | ↗ |
| Lacerte Rene A. | CEO | SELL | 40K | $48.00 | $1.94M | 2026-09-02 | ↗ |
| Lacerte Rene A. | CEO | SELL | 101K | $48.59 | $4.90M | 2026-09-02 | ↗ |
| Lacerte Rene A. | CEO | SELL | 12K | $48.01 | $0.56M | 2026-09-02 | ↗ |
| Lacerte Rene A. | CEO | SELL | 27K | $48.59 | $1.31M | 2026-09-02 | ↗ |
| Jain Rohini | Chief Financial Officer | SELL | 30K | $47.80 | $1.41M | 2026-09-01 | ↗ |
| Jain Rohini | Chief Financial Officer | SELL | 4K | $48.70 | $0.19M | 2026-09-01 | ↗ |
| Cieri Michael | Chief Product Officer | SELL | 11K | $49.13 | $0.53M | 2026-08-31 | ↗ |
Fund 13D/13G Filings (1)
Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).
| Fund | Form | ∆ Shares | % of Class | Since Filing | Filed | Src |
|---|---|---|---|---|---|---|
| Starboard Value | SC 13D/A | — | 10.1% | -1.0% vs SPY -1.2% abs | 2026-08-24 | ↗ |