The company is so far trading up by 7.38% since yesterday’s close of $27.92. Shares of the company are trading at $29.98 which is quite a bit above $27.35, the stock’s 50 day moving average and well above the 200 day moving average of $25.38. The 50 day moving average was up $2.63 and the 200 day average moved up $4.60.
There has been some selling insider activity on Bottomline Technologies, Inc. (NASDAQ:EPAY) recently. MD, Digital Banking Norman J. Deluca disclosed the sale of 2,750 shares. The shares were sold on June 15th for an average price of $25.33. Deluca now owns $2,116,423 of the stock per the Form 4 SEC filing.
Bottomline Technologies (de), Inc., launched on August 12, 1997, is involved 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. The Company offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer’s location. The Company operates through four segments: Payments and Transactional Documents, Hosted Solutions, Digital Banking and Other. Its products and services are sold to customers operating in many different industries throughout the world, but principally in the United States, the United Kingdom and continental Europe regions..
Here are a few additional firms who have increased or decreased their stake in (EPAY). Dimensional Fund Advisors Lp cut its investment by selling 5,478 shares a decrease of 0.9% as of 06/30/2017. Dimensional Fund Advisors Lp owns 636,619 shares with a value of $16,354,000. The value of the position overall is up by 7.7%. As of quarter end Lazard Asset Management LLC had acquired a total of 459,234 shares growing its holdings by 1,000.5%. The value of the total investment in Bottomline Technologies, Inc. went from $1,085,000 to $12,976,000 a change of $11,891,000 quarter to quarter.
As of the end of the quarter Renaissance Technologies LLC had bought 8,158 shares growing its position 3.4%. The value in dollars increased from $5,750,000 to $6,456,000 a change of 12.3% quarter over quarter. As of quarter end Jupiter Asset Management Ltd had sold a total of 8,949 shares trimming its stake by 4.7%. The value of the investment in (EPAY) increased from $4,509,000 to $4,669,000 increasing 3.5% since the last quarter.
As of the last earnings report the EPS was $-0.88 and is estimated to be $1.06 for the current year with 38,134,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.27 and the next full year EPS is anticipated to be $1.28.