CFO Rettig buys 21,124 shares at $49.40 average; stock down 57.9% from 52-week high, holdings up 35.6%
John R. Rettig, CFO of BILL Holdings, executed 3 separate purchases totaling 21,124 shares for $1,043,481.36 on 2024-08-26, raising his holdings from 59,350 to 80,474 shares (+35.6%). The blended transaction price was $49.40, occurring while the stock trades at $49.77 (current), down 57.9% from its 52-week high of $118.20 and down 5.8% over the prior 30 days. At the fundamental level, the company reported $323.0M in latest-quarter revenue (+21.9% annual growth) and $31.8M net income, but full-year results were unprofitable. The timing of this buy coincides with depressed valuation relative to recent history, though his prior 5 trades at BILL were all sells (100% of prior same-ticker history), each well-timed at the 90-day mark. This buy represents a notable reversal from that historical pattern and a material increase in personal exposure at a price level substantially below recent highs.