Bottomline Technologies, Inc. (EPAY) Trades at 52-Week High


The company is up by 7.38 percent from yesterday’s close. The stock is trading at $29.98 quite a bit above the 50 day moving average of $27.35 and which is quite a bit higher than the 200 day moving average of $25.38. The 50 day moving average was up $2.63 or +9.63% and the 200 day average moved up $4.60.

Bottomline Technologies, Inc. (NASDAQ:EPAY) has been the object of insider selling activity recently. MD, Digital Banking Norman J. Deluca disclosed the sale of 2,750 shares of EPAY stock. The shares were purchased at 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 divested its stake by selling 5,478 shares a decrease of 0.9% as of 06/30/2017. Dimensional Fund Advisors Lp currently owns 636,619 shares with a value of $16,354,000. The total value of its holdings increased 7.7%. Lazard Asset Management LLC bolstered its position by buying 459,234 shares an increase of 1,000.5% from 03/31/2017 to 06/30/2017. Lazard Asset Management LLC now holds 505,134 shares valued at $12,976,000. The value of the position overall is up by 1,095.9%.

As of the end of the quarter Renaissance Technologies LLC had bought 8,158 shares growing its position 3.4%. The value of the total investment in Bottomline Technologies, Inc. increased from $5,750,000 to $6,456,000 increasing 12.3% for the reporting period. As of quarter end Jupiter Asset Management Ltd had disposed of a total of 8,949 shares trimming its holdings by 4.7%. The value of the company’s investment in Bottomline Technologies, Inc. went from $4,509,000 to $4,669,000 a change of $160,000 quarter to quarter.

As of the latest earnings report the EPS was $-0.88 and is estimated to be $1.06 for the current year with 38,134,000 shares now outstanding. Analysts expect next quarter’s EPS will be $0.27 with next year’s EPS anticipated to be $1.28.