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BILL · Bill Holdings, Inc.
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BILL Bill (BILL) Insider Trading, Ownership & Congress Trades

Software & IT · Services-prepackaged software · CIK 0001786352
Congress · 4Form 144 · 8
Insider buyers, 180 days
0
Funds added, last quarter
175
13F, latest reported quarter
Conversions, 180 days
16
Codes C/M, not in net · no price filed

What the filings say about BILL

Insiders, 180 days
-$15.9M net sold
3 sellers · 19% of sales under a 10b5-1 plan
Congress, 1 year
4 bought · 3 sold
Latest: sale, 2026-09-24
Planned sales (Form 144), 90 days
$15.4M
8 notices

Bill insider trades (Form 4)

Form 4 buys and sells (codes P and S). Grants, option exercises and conversions excluded.

Over the last 180 days, BILL Holdings, Inc. insiders sold a net $15.9M of stock across 1,130 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.

Insider
Filed
Shares
Value
Since filing
SELL
2026-09-04 SECtraded 2026-09-03
10,970
$547.0K
+4.9%
Context
  • 290 earlier Form 4 trades (code P or S) here by this insider (4 buys, 286 sales), the last on Sep 2, 2026.
  • The trade is 6.3% of the 173,279 shares held after it.
  • 2 other insiders sold within 30 days.
  • 175 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO Lacerte Rene A. sold about $547.0K of BILL on Sep 3, 2026; 2 other insiders sold within 30 days and 175 funds added in the latest 13F quarter.
SELL
2026-09-04 SECtraded 2026-09-03
10,154
$512.8K
+4.9%
Context
  • 290 earlier Form 4 trades (code P or S) here by this insider (4 buys, 286 sales), the last on Sep 2, 2026.
  • The trade is 6.2% of the 163,125 shares held after it.
  • 2 other insiders sold within 30 days.
  • 175 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO Lacerte Rene A. sold about $512.8K of BILL on Sep 3, 2026; 2 other insiders sold within 30 days and 175 funds added in the latest 13F quarter.
SELL
2026-09-04 SECtraded 2026-09-03
15,372
$768.8K
+4.9%
Context
  • 290 earlier Form 4 trades (code P or S) here by this insider (4 buys, 286 sales), the last on Sep 2, 2026.
  • The trade is 9.1% of the 168,877 shares held after it.
  • 2 other insiders sold within 30 days.
  • 175 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO Lacerte Rene A. sold about $768.8K of BILL on Sep 3, 2026; 2 other insiders sold within 30 days and 175 funds added in the latest 13F quarter.
SELL
2026-09-04 SECtraded 2026-09-03
5,752
$291.2K
+4.9%
Context
  • 290 earlier Form 4 trades (code P or S) here by this insider (4 buys, 286 sales), the last on Sep 2, 2026.
  • The trade is 3.5% of the 163,125 shares held after it.
  • 2 other insiders sold within 30 days.
  • 175 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO Lacerte Rene A. sold about $291.2K of BILL on Sep 3, 2026; 2 other insiders sold within 30 days and 175 funds added in the latest 13F quarter.
SELL
2026-09-04 SECtraded 2026-09-02
40,357
$1.9M
+4.9%
Context
  • 284 earlier Form 4 trades (code P or S) here by this insider (4 buys, 280 sales), the last on Aug 26, 2024.
  • The trade is 40.0% of the 100,899 shares held after it.
  • 2 other insiders sold within 30 days.
  • 175 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: CEO Lacerte Rene A. sold about $1.9M of BILL on Sep 2, 2026, the largest insider sale at the company since 2023; 2 other insiders sold within 30 days and 175 funds added in the latest 13F quarter.
1,130 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Showing the latest few. to see 1,125 more transactions and use the screener and CSV export. We store only your email; there is no password.
Seven facts, ranked against the sector · Rank is not a forecast
Insiders
net -$15.9M over 180 days
-$14.7M over 90 days
below 74% of Software & IT
Congress
4 members bought in the last year
more than 89% of Software & IT
Funds
175 funds bought in last quarter
more than 69% of Software & IT
Revenue
+13.0% year over year
more than 57% of Software & IT
Margin
-0.7% net margin
more than 53% of Software & IT
Buybacks
$560.5M repurchased, FY to 2026-06-30
more than 85% of Software & IT
Short interest
14.2% of the float short (float per yahoo 2026-10-26) · 5.7 days to cover · settled 2026-09-30
more than 90% of Software & IT
What changed in the last 30 days
Oct 15Rep. Scott H. Peters sold $250K to $500K, disclosed 21 days after the trade
Why it matters
House members report a bracket, not an exact amount, and have 45 days to do it; the trade is weeks old when it becomes public.

Watch BILL

A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.

The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-1.5%12M
-37%-21%-5%+11%2025-102025-122026-022026-042026-062026-082026-10 2026-09-02 · Lacerte Rene A. sold $4.9M2026-09-02 · Lacerte Rene A. sold $1.9M2026-09-01 · Jain Rohini sold $1.4M2026-09-02 · Lacerte Rene A. sold $1.3M2026-09-02 · Lacerte Rene A. sold $1.2M2026-05-29 · Cieri Michael sold $874.9K2026-09-03 · Lacerte Rene A. sold $768.8K2026-09-02 · Lacerte Rene A. sold $564.9K2026-09-03 · Lacerte Rene A. sold $547.0K2026-08-31 · Cieri Michael sold $528.4K2026-09-03 · Lacerte Rene A. sold $512.8K2026-09-02 · Lacerte Rene A. sold $510.7K2026-09-03 · Lacerte Rene A. sold $291.2K2026-05-29 · Cieri Michael sold $199.8K2026-09-01 · Jain Rohini sold $190.7K2026-05-29 · Cieri Michael sold $129.8K2025-12-02 · Cota Germaine sold $56.6K2026-09-09 · JOHN RETTIG filed to sell $946.9K2026-09-03 · Ilio Irrevocable Trust filed to sell $1.0M2026-09-03 · Nene Irrevocable Trust filed to sell $1.0M2026-09-02 · MAKAHAKAMA FOUNDATION filed to sell $1.7M2026-09-02 · RENE A LACERTE filed to sell $6.7M2026-09-02 · MAKAHAKAMA TRUST U/A DTD 02/15/2004 filed to sell $1.8M2026-09-01 · ROHINI JAIN filed to sell $1.6M2026-08-31 · MICHAEL CIERI filed to sell $541.0K
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart. When a name files heavily, the largest trades are drawn first.

Who owns BILL: institutional holders (13F)

13F holdings, latest reported quarter
8,735,197 sh
$315.9M
$308.0M
7,025,748 sh
$254.1M
$201.1M

Congress trades in BILL

STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2026-09-24 · disclosed 21 days later
$250,001 - $500,000
Sold 2026-08-31 · disclosed 21 days later
$50,001 - $100,000
Sold 2026-08-13 · disclosed 39 days later
$50,001 - $100,000
Bought 2026-08-10 · disclosed 42 days later
$250,001 - $500,000
Sold 2026-08-05 · disclosed 47 days later
$100,001 - $250,000

Activist and 5% holders (13D/13G)

No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.

BILL planned insider sales (Form 144)

Notice of intent to sell, filed before any sale
JOHN RETTIG
Filed 2026-09-09
$946.9K
Ilio Irrevocable Trust
Filed 2026-09-03
$1.0M
Nene Irrevocable Trust
Filed 2026-09-03
$1.0M
MAKAHAKAMA FOUNDATION
Filed 2026-09-02
$1.7M
RENE A LACERTE
Filed 2026-09-02
$6.7M

BILL mutual fund holders (N-PORT)

Funds ranked by the share of their own portfolio in this stock (N-PORT).
Baird Equity Opportunity Fund
$3.2M position · as of 2026-06-30
4.1%
Archer Growth ETF
$318.6K position · as of 2026-05-31
2.5%
Bushido Capital US SMID Cap Equity ETF
$2.8M position · as of 2026-07-31
1.5%
Taylor Frigon Core Growth Fund
$542.9K position · as of 2026-05-31
1.5%
Advent Convertible Bond ETF
$385.6K position · as of 2026-05-31
1.2%
WisdomTree Cloud Computing Fund
$2.5M position · as of 2026-06-30
1.0%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M · % is the share of the fund's own portfolio
Executive pay vs shareholder return · Rene Lacerte
CEO pay, headline and as actually paid, against the company's return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2024
$16.1M
$14.3M
$10.7M
-49%
+182%
2023
$14.4M
-$4.6M
$5.7M
-42%
+145%
2022
$17.7M
$18.2M
$7.7M
+30%
+73%
2021
$13.9M
$6.0M
$35.4M
+22%
+23%
2020
$1.2M
$88.1M
$2.5M
+103%
+42%
Tagged by the company under SEC Item 402(v). Returns are cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $15.9M sold by insiders over 180 days, 175 funds added last quarter, 4 House member(s) bought in 12 months, disclosed weeks after the trade, $15.4M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
Same sector, ranked by filing activity
Sector by SEC SIC code

BILL financials

Revenue growth
+13.0%
XBRL, annual
Net margin
-0.7%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$1.7B
four quarters, 2025-07-01 to 2026-06-30
Net margin, TTM
-0.7%
net income over revenue, 2025-07-01 to 2026-06-30
Free cash flow, TTM
$412.5M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Debt to equity
0.52x
long-term debt only, 2026-06-30; equity 2026-06-30
Cash flow to debt
0.23x
TTM operating cash flow over long-term debt only, 2026-06-30
Return on equity
-0.3%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets
-0.1%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on invested capital
n/a
pre-tax loss, no effective tax rate to apply
Return on capital employed
-1.4%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
Enterprise value
$5.1B
market value at close 2026-10-26 on 2026-08-13 shares, plus long-term debt only, 2026-06-30, minus cash 2026-06-30
FCF yield
+9.7%
TTM free cash flow over market value at close 2026-10-26
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
2026-062025-062024-122024-06
Revenue$1.7B$1.5Bn/a$1.3B
Gross profit$1.3B$1.2Bn/a$1.1B
Operating income-$73.4M-$80.6Mn/a-$174.2M
Net income-$11.2M$23.8Mn/a-$28.9M
EPS (diluted)-0.11-0.07n/a-0.27
Operating cash flow$415.8M$350.6Mn/a$278.8M
Cash$1.0B$1.0Bn/a$985.9M
Long-term debt$1.8B$1.7Bn/a$914.0M
Buybacks$560.5M$430.0M$200.0M$211.9M
SEC XBRL, fiscal years, as known on 2026-10-27

BILL Stock Sonar score 6/7 axes

Find similar shapesCompare

BILL ranks highest on institutional and government (73rd percentile) and profitability (51st), and lowest on insider conviction (11th), among Software & IT peers.

ProfitHealthGrowthInsidersInstitutionsRisk
Profitability
51
Inputs
  • Return on equity-0.3% · 48 pct, sector of 286
  • Return on assets-0.1% · 56 pct, sector of 381
  • Return on invested capitalpre-tax loss, no effective tax rate to apply
  • Return on capital employed-1.4% · 49 pct, sector of 294
Financial health
39
Inputs
  • Debt to equity0.52x · 32 pct, sector of 288
  • Cash flow to debt0.23x · 47 pct, sector of 241
Growth
35
Inputs
  • Revenue growth, YoY+13.0% · 57 pct, sector of 480
  • Backlog growth, YoY-23.9% · 14 pct, sector of 182
Insider conviction
11
Inputs
  • Net Form 4 buying (codes P and S), 180d-$13.7M · 22 pct, sector of 285
  • Insider buyers, 180d0 · 0 pct, sector of 290
Institutional and government
73
Inputs
  • Funds adding, latest quarter175 · 69 pct, sector of 415
  • Congress net buyers, 365d1 · 76 pct, sector of 72
  • Federal contracts, 180dno federal contracts in 180 days
  • Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
40
Inputs
  • Short interest, % of float+14.2% · 15 pct, sector of 530
  • Recalls per $1B revenue, 3ynot measured for this sector, almost no peer has an event
  • EPA cases per $1B revenue, 5ynot measured for this sector, almost no peer has an event
  • New text in Risk Factors, latest 10-K+9.0% · 64 pct, sector of 316
1 not measured: US patents
  • US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet

6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored

BILL filings, in plain words

Are Bill insiders buying or selling BILL?

In the 180 days to 2026-10-27, Bill insiders were net sellers, a net $15.9M across purchases and sales reported on Form 4, by 3 sellers.

Have members of Congress traded BILL?

Yes. In the year to 2026-10-27, 4 House members disclosed buying BILL and 3 House members disclosed selling it; the latest on record is a sale by Scott H. Peters dated 2026-09-24.

Are there planned insider sales of BILL?

Yes. 8 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-27, covering $15.4M of stock; the latest, by JOHN RETTIG, was filed 2026-09-09.

Read the full summary

In the 180 days to 2026-10-27, Bill insiders were net sellers of BILL, a net $15.9M across purchases and sales reported on Form 4 by 3 sellers. 19% of the 16 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. In the year to 2026-10-27, 4 members of Congress disclosed buying BILL and 3 members disclosed selling it; the latest on record is a sale by Scott H. Peters dated 2026-09-24. Insiders filed 8 Form 144 notices of intent to sell in the 90 days to 2026-10-27, covering $15.4M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.

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