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 delivered earnings beats in both Q3 and Q4 FY2026 with 14-16% core revenue growth, and announced a strategic 30% workforce reduction (709 positions) expected to drive margin expansion and AI-driven automation in FY2027. However, FY2027 guidance emphasizes earnings growth over revenue growth, signaling slower top-line expansion ahead amid ongoing restructuring headwinds.
Red flags
- •FY2027 guidance pivots to earnings growth over revenue growth, indicating deceleration in top-line momentum
- •30% workforce reduction creates near-term execution risk and $30-60M restructuring charges despite market initially viewing favorably
- •Supplier Payments Plus (SPP) product noted as having 'longer rollout timeline,' suggesting delayed revenue contribution
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% | +7.0% vs SPY +7.7% abs | 2026-08-24 | ↗ |