Insider Cluster (2 insiders) ·Filed Sep 1, 2026
Insider cluster: 2 insiders, $1.9M total
Actionable Insight • Neutral
The insider sales are too small to warrant a trade signal. Monitor for any larger insider selling or upcoming earnings for more meaningful directional cues.
Latest settled — T+20d ⚠ clustered
BILL ▼ -10.67% at T+20d
NEUTRAL call ✗ call lost -10.67% · α vs SPY -10.99% · entry $47.62 → $42.54
T+1d
+2.39%
call +2.39% · α +1.95%
$48.76
settled 4w ago
T+5d
+0.67%
call +0.67% · α +0.59%
$47.94
settled 24d ago
T+20d
-10.67%
call -10.67% · α -10.99%
$42.54
settled 3d ago
T+60d
—
call — · α —
—
in 8w
Price Chart
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Executive Summary
BILL Holdings CFO and CPO sold a combined ~$1.94M in open-market shares over two days. The sales represent less than 0.05% of the company's $4.1B market cap, making them trivial in size and likely routine portfolio diversification or tax planning. No material signal for the stock.
Key Financial Metrics
Direction
selling
Total Value
$1.9M
Insiders
2
Key Facts
- CFO Rohini Jain sold ~$1.6M in open-market shares on September 1, 2026.
- CPO Michael Cieri sold ~$528K in open-market shares on August 31, 2026.
- Total open-market sales of ~$1.94M represent less than 0.05% of BILL's $4.1B market cap.
- Multiple derivative exercises and tax-withholding transactions occurred on August 28, 2026, but were non-cash events.
Financial Impact
Insider sales of ~$1.94M, immaterial relative to $4.1B market cap.
dilutioninsider ownership
Risk Factors
- Insider selling could accelerate if fundamentals deteriorate, but current volume is negligible.
Market Snapshot
Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
63% bullish (30 analysts)
Investment Themes
Fintech & Payments
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BILL-1788333068493 |
7 reports for BILL
75% Hit rate best @ T+5▲ +8.96%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 28d ago | Insider Cluster | $47.60 $49.96 | ▼ −4.96% | ▼ −6.08% | $43.62 (+8.36%) |
Sep 1, 2026 4w ago | Insider Cluster | $47.62 $47.94 | ▲ +0.67% | ▲ +0.59% | $43.62 (−8.40%) |
Aug 31, 2026 4w ago | 3 | $47.62 $47.94 | ▲ +0.67% | ▲ +0.59% | $43.62 (−8.40%) |
Aug 12, 2026 7w ago | Institutional Cluster | $48.70 $47.71 | ▼ −2.03% | ▼ −1.59% | $43.62 (−10.43%) |
Jun 12, 2026 16w ago | Institutional Cluster | $33.18 $32.47 | ▲ +2.14% | ▲ +2.81% | $43.62 (−31.46%) |
May 29, 2026 18w ago | 144 | $39.51 $35.97 | ▲ +8.96% | ▲ +6.21% | $43.62 (−10.40%) |
May 7, 2026 21w ago | 8-K | $41.83 $39.49 | ▼ −5.59% | ▼ −7.06% | $43.62 (+4.28%) |
Showing 7 of 7
US Market Status
Market Closed — Opens Mon (38h 37m)
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