BILL BILL Holdings, Inc.

XNYS 49.01 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

BILL $49.01 —
Key stats
$49.01
52-Week Range
$31.41 – $57.21
YTD
-3.07%
IV Rank (30D)
49.49
Straddle Price
$7.20
P/C Vol Ratio
1.48
Market Cap
$4.2B
Open
$49.32
Day Range
$48.76 – $50.00
Volume
1,426,588
Prev Close
$49.09
Fair Value
+50.0% vs price

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.15%
Beta vs SPY1.56
Cost of Equity (CAPM)13.74% (VRP-adj)
WACC11.47%
Volatility Risk Premium+40.6pp (IV − HV30), ERP adj +50bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+10.2%
DCF Horizon12 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.4B
Return on Equity (TTM)-0.3%
Book / Price72.1% — banking bias active (P/B is primary)
Gross Margin (TTM)83.1%
FCF Margin (TTM)25.0%
Debt / Equity0.49
Quality Score4/6 — high quality (12y DCF)
Market-Implied Growth+5.3% (reverse-DCF on current price)
SMA 50$46.93 (Market Anchor value)
SMA 20 / Bollinger Mid$44.68
Bollinger Width / SMA2037.8% (drives anchor stability)
Net Debt$0.7B
Market Cap$5B
Peers used for multiples: ADBE, CRM, CRWD, MSFT, NET, NOW, ORCL, PLTR, SHOP, SNOW (SIC-code peers; ETF co-membership was sector-incoherent)
Blended Fair Value
$142.27
Deviation
+50.0%
MethodImplied PriceWeightDetail
DCF $67.94 32%
DDM (Gordon) n/a 0%
Peer P/E n/a 0% median 61.1× · 8 peers
Peer EV/EBITDA $40.02 10% median 58.0× · 9 peers
Peer P/B $529.14 13% median 15.0× · 10 peers
Peer P/S $261.35 13% median 14.4× · 10 peers
Market Anchor (SMA50) $46.93 0% stability 0% (BB-width)
Options Expected (B-L 30d) $49.95 32% 46 strikes · skew +0.12
As of 2026-10-22 · updated
About
Industry (SIC)
SERVICES-PREPACKAGED SOFTWARE (7372) · industry map
Exchange
XNYS
Market Cap
$4.2B
Employees
1,683
List Date
2019-12-12
CIK
0001786352
Next Earnings
2026-11-05 (After-Close)
EPS Forecast
$0.63 (7 est.)
Headquarters
San Jose, CA
Homepage
https://www.bill.com

BILL Holdings Inc is the intelligent finance platform trusted by nearly half a million businesses and their accountants to manage, move, and maximize their money. It powers businesses ranging from fast-moving startups to growing companies with complex operations. It use artificial intelligence (AI) to deliver strategic finance capabilities in one integrated platform that includes accounts payable (AP), accounts receivable (AR), expenses, forecasting, procurement, and more. The company operates as one operating segment. Its products are Accounts Payable, Accounts Receivable, Accountant Console,…

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-11.33%-19.41%5.82%1.06%15.13%-14.62%-3.89%
Feb26.21%22.79%-28.98%-19.03%-42.39%6.92%-5.75%
Mar-15.15%-1.49%-3.61%4.15%-11.01%-13.33%-6.74%
Apr3.18%-26.58%-3.34%-3.32%-0.42%-1.14%-5.27%
May-3.20%-32.72%33.70%-17.12%-3.98%-5.25%-4.76%
Jun20.84%-4.95%12.37%2.87%7.58%-8.48%5.04%
Jul15.00%18.81%7.18%-5.40%-6.95%16.21%7.48%
Aug32.52%20.20%-7.63%13.34%11.24%4.26%12.32%
Sep-3.67%-11.68%-6.77%0.02%13.35%-10.67%-3.24%
Oct6.20%-3.49%-16.05%13.87%-7.59%11.95%*0.81%
Nov-6.31%-7.68%-25.82%54.86%1.93%--3.40%
Dec-1.14%-11.87%19.79%-5.37%7.64%--1.81%
Total65.49%-54.67%-27.57%25.71%-27.78%-17.82%-6.10%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $44.68
SMA 50: $46.93
SMA 200: $42.69
Current: $49.01
EMA 12: $46.16
EMA 26: $45.86
MACD: 0.3010 | Signal: 0.6466
BEARISH
ADX (14): 18.49
RANGE
+DI: 32.41
−DI: 13.10

Momentum Oscillators

RSI (14): 62.92
NEUTRAL
Stoch %K: 84.61
Stoch %D: 81.11
Williams %R: -14.00

Volume & Volatility

BB Upper: $48.45
BB Lower: $40.91
OVERBOUGHT
OBV: 65,725,754
Vol SMA 20: 1,440,491
Vol ROC: 35.65%
ATR: $1.79
True Range: $1.24
HV 20: 46.5%
HV 30: 42.5%
HV 60: 42.0%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

Overall Assessment: NEUTRAL with confidence level (6/10)

Key drivers: Recent positive news sentiment, momentum indicators supporting uptrend

Primary risks: High volatility, potential for pullback to SMA 50 or Bollinger Bands

Investment thesis: BILL's recent price action reflects a mix of fundamental and technical factors. While the stock has shown resilience in the face of market volatility, it may require a catalyst to break above current resistance.

Recent news sentiment impact: Positive news headlines have contributed to the uptrend, but caution is advised given the high beta and potential for mean reversion.

Technical Analysis

Trend Direction: Short-term (1-4 weeks): Uptrend; Medium-term (1-3 months): Bullish; Long-term (3-12 months): Neutral

Support/Resistance Levels: SMA 20: $45.22, SMA 50: $39.61, Bollinger Bands: Upper: $49.80, Middle: $45.22, Lower: $40.65

Momentum Signals:

  • RSI (14): 67.17 (neutral)
  • MACD: Bullish crossover
  • Bollinger Bands: Price touching upper band = overbought

Volume Analysis: Volume SMA 20: 2304064.30, On-Balance Volume (OBV): 70397936.04, Volume Rate of Change: -1.97%

News & Sentiment Analysis

Recent Headlines Summary: Positive news sentiment has driven recent price action, with headlines focusing on stronger-than-expected April jobs data and industrial investment cycles reaccelerating.

Sentiment Assessment: Aggregate news sentiment is POSITIVE.

Catalyst Identification: Upcoming earnings report may provide a catalyst for further price movement.

Market Narrative: News aligns with technical signals, supporting the uptrend. However, caution is advised given the high beta and potential for mean reversion.

Risk & Volatility Assessment

Beta Interpretation: High risk relative to market (beta >1.5).

Volatility Regime: Current vs historical volatility levels: High volatility - stock moves more than market.

Options Market Signals: IV Rank: 27.2% (Medium), Current IV: 77.2%, Expected Move: $8.28, Put/Call Volume Ratio: 2.38 (Bearish sentiment)

Downside Protection: Support levels include SMA 20 and Bollinger Bands. Risk management considerations include stop-loss levels and position sizing.

Market Context & Positioning

Sector Performance: Relative strength vs sector/market: Neutral.

Institutional Activity: Volume patterns suggest institutional interest.

Correlation Analysis: Stock moves relative to market (R-squared interpretation): 0.30 - High correlation, potentially amplifying price movements.

Relative Valuation: Position within trading range.

Key Levels & Action Items

Critical Price Levels: Support/resistance levels include SMA 20 and Bollinger Bands.

Breakout/Breakdown Levels: Technical levels that could trigger significant moves: SMA 50 ($39.61) and the upper band of Bollinger Bands ($49.80).

Time-Sensitive Catalysts: Upcoming earnings report may provide a catalyst for further price movement.

Risk Management: Stop-loss levels and position sizing considerations are advised given the high volatility and potential for mean reversion.

Generated
News
All BILL news →
Showing 1–10 of 50
Page 1 of 5
Earnings History
10 of 23 under expected move
Avg Expected Move
15.52%
Avg Actual Move
17.99%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-02-04 After-Close 12.51% 32.04% 2.56x Exceeded
2021-05-06 After-Close 14.73% 18.34% 1.25x Exceeded
2021-08-26 After-Close 15.22% 29.64% 1.95x Exceeded
2021-11-04 After-Close 17.98% 13.80% 0.77x Within
2022-02-03 After-Close 22.90% 36.05% 1.57x Exceeded
2022-05-05 After-Close 19.29% 20.52% 1.06x Exceeded
2022-08-18 After-Close 14.48% 16.66% 1.15x Exceeded
2022-11-03 After-Close 16.24% 8.44% 0.52x Within
2023-02-02 After-Close 15.36% 26.69% 1.74x Exceeded
2023-05-04 After-Close 16.36% 17.68% 1.08x Exceeded
2023-08-17 After-Close 16.44% 9.27% 0.56x Within
2023-11-02 After-Close 13.92% 25.19% 1.81x Exceeded
2024-02-08 After-Close 16.57% 13.58% 0.82x Within
2024-05-02 After-Close 14.61% 10.62% 0.73x Within
2024-08-22 After-Close 15.06% 6.70% 0.44x Within
2024-11-07 After-Close 16.62% 17.31% 1.04x Exceeded
2025-02-06 After-Close 15.72% 35.52% 2.26x Exceeded
2025-05-08 After-Close 13.66% 5.99% 0.44x Within
2025-08-27 After-Close 14.23% 18.18% 1.28x Exceeded
2025-11-06 After-Close 12.68% 2.75% 0.22x Within
2026-02-05 After-Close 12.82% 37.16% 2.90x Exceeded
2026-05-07 After-Close 13.14% 11.07% 0.84x Within
2026-08-19 After-Close 16.35% 0.65% 0.04x Within

Earnings calendar: this week’s reports with expected vs actual moves →

BILL Options Activity & IV Rank

BILL IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 64.6%
7-DTE IV: 41.1%
Expected Move: $7.20
7-DTE Move: $2.42
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 224
Put Volume: 332
P/C Volume: 1.482
BEARISH
Call OI: 6,292
Put OI: 5,727
P/C OI: 0.91
Total OI: 12,019

ATM Options Pricing

ATM Call: $3.80
ATM Put: $3.40
Call %: 7.8%
Put %: 6.9%

Chain Summary

Chain Volume: 7,132
Chain OI: 50,548
Last Updated: 10/21/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 59th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
59%
vs own history
GEX tilt
+0.34
OI-weighted, today
Vanna tilt
+0.76
δ-sensitivity to IV
Charm tilt
-0.80
δ-decay vs time
Vanna tilt +0.76: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.80: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 83 ATM contracts, 16k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 21 · ATM 78.7% / Wing —
30 DTE / 10d —
— pts EXTREME
as of Oct 21 · ATM 64.6% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)4.9LowOct 21
IV Rank (30 DTE)49.5MediumOct 21
Straddle Price (30 DTE)$7.20Oct 21
Beta Analysis

Risk Metrics

Beta: 1.5293
Alpha: -12.40%
Correlation: 0.3092
R-Squared: 9.6%
Stock Volatility: 62.8%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own BILL
9 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Starboard Value Activist
Jeff Smith
$254.1M
5.62%
#9 of 21+0.0%13F
Soros Fund Management Family office
George Soros, Robert Soros, Jonathan Soros
$182.3M
2.39%
#8 of 251-0.0%13F
Millennium Management Hedge fund
Izzy Englander
$91.2M
0.06%
#368 of 3716+311.9%13F
Citadel Hedge fund
Ken Griffin
$11.8M
0.01%
#1458 of 6285-75.9%13F
Oaktree Capital Asset manager
Howard Marks
$6.1M
0.12%
#94 of 130+91.5%13F
Point72 Hedge fund
Steve Cohen
$3.0M
0.00%
#1162 of 1945-96.2%13F
Renaissance Technologies Hedge fund
Jim Simons
$756K
0.00%
#2439 of 3138new13F
Bridgewater Associates Hedge fund
Ray Dalio
$529K
0.00%
#916 of 997-77.8%13F
Rockefeller Capital Management Family office
Rockefeller family
$89K
0.00%
#3051 of 4729+53.5%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

BILL Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 99,918,000 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

394 filers1,613,888,068 shares$5.41B value1615.21% of float
# Filer Shares Value % of Total % of Float Period
1 Vanguard Group Inc Custodian 10,195,136 $556.04M 10.28% 10.20% 2025-12-31
2 BlackRock, Inc. Custodian 37,360,197 $340.56M 6.29% 37.39% 2026-06-30
3 ER Collective Holdings, LLC 8,518,300 $308.02M 5.69% 8.53% 2026-06-30
4 Starboard Value LP 7,025,748 $254.05M 4.70% 7.03% 2026-06-30
5 Vanguard Portfolio Management LLC 5,688,580 $205.70M 3.80% 5.69% 2026-06-30
6 Ameriprise Financial, Inc. Custodian 5,558,053 $201.07M 3.72% 5.56% 2026-06-30
7 SOROS FUND MANAGEMENT LLC 209,704,662 $182.28M 3.37% 209.88% 2026-06-30
8 Senvest Management, LLC 4,102,668 $148.35M 2.74% 4.11% 2026-06-30
9 State Street Corp 39,265,742 $144.79M 2.68% 39.30% 2026-06-30
10 Vanguard Capital Management LLC 3,933,392 $142.23M 2.63% 3.94% 2026-06-30
11 SONA ASSET MANAGEMENT (US) LLC 150,078,000 $129.66M 2.40% 150.20% 2026-06-30
12 Wellington Management Group LLP Custodian 3,562,810 $128.83M 2.38% 3.57% 2026-06-30
13 Balyasny Asset Management L.P. 139,000,000 $120.39M 2.22% 139.11% 2026-06-30
14 VOYA INVESTMENT MANAGEMENT LLC 129,688,250 $116.71M 2.16% 129.79% 2026-06-30
15 Dimensional Fund Advisors LP Custodian 2,945,930 $106.52M 1.97% 2.95% 2026-06-30
16 Greenhouse Funds LLLP 2,672,670 $96.64M 1.79% 2.67% 2026-06-30
17 Millennium Management LLC Custodian 98,396,966 $91.20M 1.69% 98.48% 2026-06-30
18 FULLER & THALER ASSET MANAGEMENT, INC. 2,053,400 $74.25M 1.37% 2.06% 2026-06-30
19 Bank of America Corp Custodian 15,704,303 $62.73M 1.16% 15.72% 2026-06-30
20 Davidson Kempner Capital Management LP 70,000,000 $60.38M 1.12% 70.06% 2026-06-30
21 Geode Capital Management, LLC Custodian 1,636,476 $59.19M 1.09% 1.64% 2026-06-30
22 T. Rowe Price Associates, Inc. 1,631,907 $59.01M 1.09% 1.63% 2026-06-30
23 Jane Street Group, LLC Custodian 1,543,254 $55.80M 1.03% 1.54% 2026-06-30
24 Royal Bank of Canada Custodian 1,510,800 $54.63M 1.01% 1.51% 2026-06-30
25 HRT FINANCIAL LP 1,405,339 $50.82M 0.94% 1.41% 2026-06-30
24 filers$221.01M notional
# Filer Notional Value % of Total Period
1 UBS Group AG Custodian $73.60M 33.30% 2026-06-30
2 Susquehanna International Group, LLP Custodian $27.48M 12.43% 2026-06-30
3 Balyasny Asset Management L.P. $18.08M 8.18% 2026-06-30
4 IMC-Chicago, LLC Custodian $15.45M 6.99% 2026-06-30
5 Wolverine Trading, LLC Custodian $12.01M 5.43% 2025-09-30
6 Jane Street Group, LLC Custodian $11.74M 5.31% 2026-06-30
7 Verition Fund Management LLC $10.66M 4.82% 2026-06-30
8 Citadel Advisors LLC Custodian $10.13M 4.58% 2026-06-30
9 Walleye Trading LLC $9.42M 4.26% 2026-06-30
10 Caption Management, LLC $6.51M 2.94% 2026-06-30
11 GROUP ONE TRADING LLC Custodian $5.24M 2.37% 2026-06-30
12 Simplex Trading, LLC Custodian $4.21M 1.90% 2026-06-30
13 Millennium Management LLC Custodian $3.74M 1.69% 2026-06-30
14 Cubist Systematic Strategies, LLC $3.60M 1.63% 2025-09-30
15 PEAK6 LLC $3.08M 1.39% 2026-06-30
16 Point72 Asset Management, L.P. $1.95M 0.88% 2026-06-30
17 Royal Bank of Canada Custodian $1.82M 0.82% 2026-06-30
18 LAZARD ASSET MANAGEMENT LLC $904.00K 0.41% 2026-06-30
19 D. E. Shaw & Co., Inc. Custodian $741.28K 0.34% 2026-06-30
20 TUDOR INVESTMENT CORP ET AL $350.75K 0.16% 2026-06-30
21 Walleye Capital LLC $188.03K 0.09% 2026-06-30
22 HAP TRADING, LLC $87.03K 0.04% 2025-09-30
23 Qube Research & Technologies Ltd $28.93K 0.01% 2026-06-30
24 OSAIC HOLDINGS, INC. Custodian $1.09K <0.01% 2026-06-30
20 filers$80.18M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $27.68M 34.53% 2026-06-30
2 Balyasny Asset Management L.P. $14.46M 18.04% 2026-06-30
3 IMC-Chicago, LLC Custodian $6.33M 7.89% 2026-06-30
4 Wolverine Trading, LLC Custodian $4.86M 6.06% 2025-09-30
5 Citadel Advisors LLC Custodian $4.41M 5.50% 2026-06-30
6 Cubist Systematic Strategies, LLC $4.22M 5.27% 2025-09-30
7 Jane Street Group, LLC Custodian $4.02M 5.01% 2026-06-30
8 Walleye Trading LLC $3.12M 3.89% 2026-06-30
9 TUDOR INVESTMENT CORP ET AL $2.83M 3.53% 2026-06-30
10 Simplex Trading, LLC Custodian $2.24M 2.79% 2026-06-30
11 PEAK6 LLC $1.81M 2.25% 2026-06-30
12 Millennium Management LLC Custodian $1.58M 1.97% 2026-06-30
13 GROUP ONE TRADING LLC Custodian $1.18M 1.47% 2026-06-30
14 Point72 Asset Management, L.P. $625.57K 0.78% 2026-06-30
15 BNP Paribas Financial Markets Custodian $365.22K 0.46% 2026-06-30
16 Walleye Capital LLC $209.73K 0.26% 2026-06-30
17 Capula Management Ltd $162.72K 0.20% 2026-06-30
18 HAP TRADING, LLC $44.66K 0.06% 2025-09-30
19 Qube Research & Technologies Ltd $18.08K 0.02% 2026-06-30
20 WOLVERINE ASSET MANAGEMENT LLC $14.46K 0.02% 2026-06-30

BILL Insider Trading (Form 4)

Latest: 2026-10-20
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-20 Lee Kirkpatrick Director Exer (M) +2,611 — EDGAR
2026-10-20 Peter A Feld Director Exer (M) +2,611 — EDGAR
2026-09-17 Rene A. Lacerte CEO Grant (A) +116,619 RSU — EDGAR
2026-09-17 Michael Cieri Chief Product Officer Grant (A) +46,856 RSU — EDGAR
2026-09-17 Rohini Jain Chief Financial Officer Grant (A) +67,681 RSU — EDGAR
2026-09-04 Rene A. Lacerte CEO Sell (S) −257,243 $48.71 -$12.53M EDGAR
2026-09-01 Rene A. Lacerte CEO Mixed +24,024 $50.31 -$1.25M EDGAR
2026-09-01 Michael Cieri Chief Product Officer Mixed — $49.66 -$964.8K EDGAR
2026-09-01 Rohini Jain Chief Financial Officer Mixed — $49.01 -$3.04M EDGAR
2026-08-19 Rene A. Lacerte CEO Grant (A) +52,893 RSU — EDGAR
2026-08-19 Michael Cieri Chief Product Officer Grant (A) +19,590 RSU — EDGAR
2026-08-19 Rohini Jain Chief Financial Officer Grant (A) +35,262 RSU — EDGAR
2026-06-01 Mary Kay Bowman See Remarks Mixed +11,958 $34.85 -$243.1K EDGAR
2026-06-01 Kenneth A Moss Chief Technology Officer Mixed +12,637 $34.85 -$454.1K EDGAR
2026-06-01 Rene A. Lacerte CEO Mixed +15,364 $34.85 -$554.9K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

BILL Insider Holdings

23 insiders · @ $49.01
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Peter A Feld Director 7,028,359 $344.46M $0 2 2026-10-20
2 Rene A. Lacerte CEO 264,024 $12.94M -$215.10M 86 2026-09-17
3 Brian Jacobs Director 229,502 $11.25M -$56.15M 25 2025-12-09
4 John R. Rettig COO 222,370 $10.90M -$115.54M 84 2026-03-03
5 Kenneth A Moss Chief Technology Officer 177,182 $8.68M $0 9 2026-06-01
6 Mary Kay Bowman See Remarks 74,734 $3.66M $0 6 2026-06-01
7 David Hornik Director 43,696 $2.14M -$52.55M 18 2025-12-15
8 Peter J Kight Director 34,081 $1.67M -$10.84M 9 2024-12-09
9 Rohini Jain Chief Financial Officer 33,470 $1.64M -$1.60M 4 2026-09-17
10 Scott Wagner Director 14,714 $721.1K $507.5K 8 2024-12-09
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

BILL Board & Officers

As of SEC filings through Oct 20, 2026

Directors 14

Officers 7

10% owners 6

Changes in the last 10 years (77)
Oct 20, 2026Peter A Feld first listed as a 10% owner in an SEC filing
Sep 24, 2026Jonathan Leaf became Chief Revenue Officer
Aug 20, 2026Starboard Value LP became a 10% owner
Aug 20, 2026Starboard Value GP LLC became a 10% owner
Aug 20, 2026Starboard Principal Co LP became a 10% owner
Aug 20, 2026Starboard Principal Co GP LLC became a 10% owner
Aug 20, 2026Jeffrey C Smith became a 10% owner
Jun 1, 2026Michael Cieri listed as Chief Product Officer (previously EVP, GM of Software Solutions) in SEC filings
Jan 20, 2026The company announced the departure of Alison Wagonfeld from the board in an SEC filing
Dec 11, 2025The company announced the departure of Germaine Cota as SVP, Finance & Accounting in an SEC filing
Dec 11, 2025Natalie Marie Derse became a director
Dec 11, 2025Elizabeth S. Johnson became a director
Oct 17, 2025Peter A Feld became a director
Oct 17, 2025Lee Kirkpatrick became a director
Oct 2, 2025The company announced the departure of Rajesh A. Aji as CLO & Cco in an SEC filing
Aug 21, 2025Mary Kay Bowman listed as EVP, Payments and Financial Services (previously EVP, GM of Payments and Financial Services) in SEC filings
Aug 21, 2025John R. Rettig listed as COO (previously CFO) in SEC filings
Jul 7, 2025Rohini Jain became Chief Financial Officer
May 5, 2025Michael Cieri became EVP, GM of Software Solutions
Jan 15, 2025Keri Gohman became a director
Not reported recently (8)
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

BILL Proposed Insider Sales (Form 144)

Latest: 2026-09-09
Last 30d: 0 filings  ·  Last 90d: 5 filings · $5.2M notice value · 4 unique filers · 100% under 10b5-1 plans

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: Ilio Irrevocable Trust (2, $2.1M) · ROHINI JAIN (1, $1.6M) · JOHN RETTIG (1, $947K) · MICHAEL CIERI (1, $541K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-09-09 JOHN RETTIG Officer 19,893 $946.9K 2026-09-09 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-09-03 Nene Irrevocable Trust Director, Officer 21,124 $1.03M 2026-09-03 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-09-03 Ilio Irrevocable Trust Director, Officer 21,124 $1.03M 2026-09-03 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-09-01 ROHINI JAIN Officer 33,470 $1.65M 2026-09-01 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-08-31 MICHAEL CIERI Officer 10,754 $541.0K 2026-08-31 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-05-29 John R. Rettig Officer 66,716 $2.33M 2026-05-29 J.P. Morgan Securities LLC — EDGAR
2026-05-29 MICHAEL CIERI Officer 32,875 $1.15M 2026-05-29 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-05-28 JOHN RETTIG Affiliate 136,306 $4.76M 2026-05-28 Morgan Stanley Smith Barney LLC … — EDGAR
2025-11-14 RAJESH AJI Officer 7,812 $393.8K 2025-11-14 Morgan Stanley Smith Barney LLC … — EDGAR
2025-11-10 STEPHEN FISHER Director 7,396 $352.9K 2025-11-10 Morgan Stanley Smith Barney LLC … — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-05-26
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Accession Link
2026-05-26 0001193125-26-239245 EDGAR
2026-05-07 0001628280-26-032064 EDGAR
2026-03-16 0001628280-26-018149 EDGAR
2026-02-05 0001628280-26-005753 EDGAR
2026-01-26 0001628280-26-003403 EDGAR
2025-12-16 0001628280-25-057323 EDGAR
2025-12-11 0001786352-25-000043 EDGAR
2025-11-06 0001628280-25-050144 EDGAR
2025-10-20 0001628280-25-045516 EDGAR
2025-10-16 0001193125-25-240860 EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
2025-08-28 0001786352-25-000037 EDGAR
2024-08-23 0001786352-24-000035 EDGAR
2023-08-29 0001786352-23-000054 EDGAR
2022-08-22 0001786352-22-000017 EDGAR
2021-08-30 0001564590-21-046383 EDGAR
2020-08-31 0001564590-20-041865 EDGAR
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-05-08 0001628280-26-032387 EDGAR
2026-02-06 0001628280-26-005879 EDGAR
2025-11-07 0001628280-25-050328 EDGAR
2025-05-09 0001786352-25-000021 EDGAR
2025-02-07 0001786352-25-000015 EDGAR
2024-11-08 0001786352-24-000045 EDGAR
2024-05-03 0001786352-24-000027 EDGAR
2024-02-09 0001786352-24-000010 EDGAR
2023-11-03 0001786352-23-000072 EDGAR
2023-05-15 0001786352-23-000028 EDGAR
ETF Holders
129 ETFs hold BILL
25 shown · $820.51M total exposure · 0.05% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IJH iShares Core S&P Mid-Cap ETF iShares (BlackRock) 0.12% $141.9M $123.0B 2026-10-20
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $97.6M — 2026-09-30
3 VGT Vanguard Information Technology ETF Vanguard 0.05% $84.9M — 2026-09-30
4 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.04% $69.4M — 2026-09-30
5 DFSV Dimensional US Small Cap Value ETF Dimensional 0.17% $47.4M — 2026-10-20
6 VBK Vanguard Morningstar Small-Cap Growth ETF Vanguard 0.09% $38.6M — 2026-09-30
7 VXF Vanguard Extended Market ETF Vanguard 0.04% $35.0M — 2026-09-30
8 DFAS Dimensional US Small Cap ETF Dimensional 0.10% $33.4M — 2026-10-20
9 MDY State Street® SPDR® S&P MIDCAP 400® ETF Trust SPDR (State Street) 0.11% $29.7M $25.8B 2026-10-20
10 VXUS Vanguard Total International Stock ETF Vanguard 0.00% $26.4M — 2026-09-30
11 SPMD State Street® SPDR® Portfolio S&P 400™ Mid Cap ETF SPDR (State Street) 0.11% $21.2M $18.4B 2026-10-20
12 IGV iShares Expanded Tech-Software Sector ETF iShares (BlackRock) 0.14% $19.3M $14.4B 2026-10-20
13 IWR iShares Russell Mid-Cap ETF iShares (BlackRock) 0.03% $18.0M $57.3B 2026-10-20
14 VEA Vanguard FTSE Developed Markets ETF Vanguard 0.01% $17.2M — 2026-09-30
15 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.02% $16.1M — 2026-10-20
16 SCHA Schwab U.S. Small-Cap ETF Nport 0.07% $15.7M — 2026-05-31
17 DFMC Dimensional US Micro Cap ETF Dimensional 0.20% $14.7M — 2026-10-20
18 FMDE Fidelity Enhanced Mid Cap Core ETF Fidelity 0.17% $14.7M $8.5B 2026-10-20
19 IEFA iShares Core MSCI EAFE ETF iShares (BlackRock) 0.01% $14.3M $191.0B 2026-10-20
20 FTEC Fidelity MSCI Information Technology Index ETF Fidelity 0.06% $12.5M $21.3B 2026-10-20
21 CALF Pacer US Small Cap Cash Cows 100 ETF Nport 0.36% $12.4M — 2026-04-30
22 IJK iShares S&P Mid-Cap 400 Growth ETF iShares (BlackRock) 0.11% $11.7M $10.5B 2026-10-20
23 IJJ iShares S&P Mid-Cap 400 Value ETF iShares (BlackRock) 0.12% $10.3M $8.5B 2026-10-20
24 IWD iShares Russell 1000 Value ETF iShares (BlackRock) 0.01% $9.5M $84.5B 2026-10-20
25 SCHM Schwab U.S. Mid-Cap ETF Nport 0.06% $8.8M — 2026-05-31
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$-0.16
TTM Revenue
$1.65B
TTM Net Income
$-11.24M
TTM Op. Cash Flow
$415.83M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q4 '262026-06-30$436.19M$-18.48M$-0.22$110.99M
Q3 '262026-03-31$406.56M$12.79M$0.12$102.67M
Q2 '262025-12-31$414.67M$-2.59M$-0.03$105.32M
Q1 '262025-09-30$395.74M$-2.96M$-0.03$96.86M
Q4 '252025-06-30$383.35M$-7.07M$-0.07$83.82M
Q3 '252025-03-31$358.22M$-11.59M$-0.11$99.53M
Q2 '252024-12-31$362.55M$33.55M$-0.06$78.72M
Q1 '252024-09-30$358.45M$8.91M$0.08$88.58M
Q4 '242024-06-30$343.66M$7.59M$0.08$78.62M
Q3 '242024-03-31$323.03M$31.81M$0.30$66.81M
Q2 '242023-12-31$318.50M$-40.42M$-0.38$79.68M
Q1 '242023-09-30$304.99M$-27.86M$-0.26$53.66M
Q4 2026 • period ending 2026-06-30 • filed 2026-08-20
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
1.39
P/S
2.96
EV/EBITDA
76.07
EV/Sales
3.37
ROE
-0.3%
ROA
-0.1%
Div Yield
0.00%
FCF Yield
8.49%
Debt/Equity
0.49
Current Ratio
—
Market Cap
$4.90B
as of 2026-10-21
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
10.68M
SI % of Float
16.31%
Days to Cover
5.65
Short Vol Ratio
63.9%
Free Float
65.48M
Float %
76.8%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-09-04