Bottomline Technologies Inc Stock in Q4 2017 Driven by Institutional Investors

April 16, 2018 - By Adrian Mccoy

Bottomline Technologies (NASDAQ:de, Inc) Logo

Sentiment for Bottomline Technologies Inc (NASDAQ:EPAY)

Bottomline Technologies Inc (NASDAQ:EPAY) institutional sentiment increased to 1.52 in 2017 Q4. Its up 0.20, from 1.32 in 2017Q3. The ratio is more positive, as 88 institutional investors opened new or increased positions, while 58 sold and reduced holdings in Bottomline Technologies Inc. The institutional investors in our partner’s database now hold: 36.41 million shares, down from 38.63 million shares in 2017Q3. Also, the number of institutional investors holding Bottomline Technologies Inc in their top 10 positions was flat from 5 to 5 for the same number . Sold All: 11 Reduced: 47 Increased: 50 New Position: 38.

Bottomline Technologies , Inc. provides software as a service based solutions. The company has market cap of $1.64 billion. It operates through four divisions: Cloud Solutions, Digital Banking, Payments and Transactional Documents, and Other. It currently has negative earnings. The companyÂ’s services and products include Paymode-X, a cloud payment network that offers electronic payments and remittance delivery, online access to payment detail and reports, online payment approvals, electronic invoice delivery, and turnkey vendor enrollment and support; and digital banking solutions that provide payments, cash management, and online banking solutions to financial institutions.

The stock increased 2.52% or $0.99 during the last trading session, reaching $40.31. About 109,841 shares traded. Bottomline Technologies (NASDAQ:EPAY) has risen 58.92% since April 16, 2017 and is uptrending. It has outperformed by 47.37% the S&P500.

Bottomline Technologies (NASDAQ:de, Inc) Ratings Coverage

Ratings analysis reveals 67% of Bottomline Technologies’s analysts are positive. Out of 6 Wall Street analysts rating Bottomline Technologies, 4 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $34.0 while the high is $4600. The stock’s average target of $40.20 is -0.27% below today’s ($40.31) share price. EPAY was included in 8 notes of analysts from November 3, 2017. The stock has “Hold” rating by RBC Capital Markets on Thursday, January 4. The firm has “Buy” rating given on Friday, December 8 by Raymond James. As per Friday, February 2, the company rating was maintained by RBC Capital Markets. The rating was maintained by Stephens on Friday, February 2 with “Hold”. The firm has “Buy” rating given on Friday, November 3 by Needham. The stock of Bottomline Technologies (NASDAQ:de, Inc) has “Buy” rating given on Tuesday, April 3 by Barrington. The firm has “Buy” rating given on Wednesday, March 28 by Citigroup. RBC Capital Markets maintained Bottomline Technologies (NASDAQ:de, Inc) on Thursday, November 2 with “Hold” rating.

Bottomline Technologies (NASDAQ:de, Inc) Institutional Positions Chart

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