BILL Insider Trading

Bill.com Holdings, Inc. (BILL) operates in the Technology sector, specifically the Software - Application industry, with a market capitalization near $3.77B, listed on NYSE, employing roughly 1,683 people, carrying a beta of 1.14 to the broader market. Bill. Led by Rene A. Lacerte, public since 2019-12-12.

In the last 12 months, Bill.com Holdings, Inc. insiders made 0 buy transactions and 17 sale transactions.

DateNameTypeSharesPriceValue
Oct 2, 2026Leaf Jonathan141,672$0.00$0
Sep 17, 2026Cieri MichaelA-Award46,856$0.00$0
Sep 17, 2026Jain RohiniA-Award67,681$0.00$0
Sep 17, 2026Lacerte Rene A.A-Award116,619$0.00$0
Sep 4, 2026Lacerte Rene A.S-Sale10,636$48.01$510.7K
Sep 4, 2026Lacerte Rene A.S-Sale10,970$49.86$547.0K
Sep 4, 2026Lacerte Rene A.S-Sale24,364$48.59$1.2M
Sep 4, 2026Lacerte Rene A.S-Sale15,372$50.01$768.8K
Sep 4, 2026Lacerte Rene A.S-Sale5,752$50.62$291.2K
Sep 4, 2026Lacerte Rene A.S-Sale10,154$50.50$512.8K

BILL Insider Activity by Quarter

Reported Form 4 and Form 5 lines under BILL's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Sep 4, 2024, and a quarter counts only when every filing for it was read.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A0
Q3 20260N/A13$14.7M25
Q2 20260N/A3$1.2M30
Q1 20260N/A0N/A39
Q4 20250N/A1$56.6K75
Q3 20250N/A2$257.4K64
Q2 20250N/A3$265.3K46
Q1 20250N/A4$650.3K45
Q4 20240N/A6$670.8K76

BILL Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 341 institutions reported holding 98,300,768 BILL shares, valued at $3.56B as reported, 99.5% of its market cap (market cap of Jun 26, 2026). That is +1 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 59 opened a position, 59 closed one, 104 added and 124 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
BlackRock, Inc.8,735,197$315.9M+378,054
ER Collective Holdings, LLC8,518,300$308.0MUnchanged
Starboard Value LP7,025,748$254.1M+900
VANGUARD PORTFOLIO MANAGEMENT LLC5,688,580$205.7M+3,738
AMERIPRISE FINANCIAL INC5,558,053$201.1M+2,723,595
Senvest Management, LLC4,102,668$148.4M+267,320
VANGUARD CAPITAL MANAGEMENT LLC3,933,392$142.2M+12,374
WELLINGTON MANAGEMENT GROUP LLP3,562,810$128.8M-299,853
STATE STREET CORP3,140,742$113.6M+43,864
DIMENSIONAL FUND ADVISORS LP2,945,930$106.5M-144,811

By Quarter

QuarterInstitutionsSharesValue
Q2 202634198,300,768$3.56B
Q1 2026340102,322,565$3.92B
Q4 2025365109,401,759$5.97B
Q3 2025362102,850,089$5.45B
Q2 202536896,738,599$4.48B
Q1 202538792,074,808$4.23B
Q4 202440694,720,978$8.02B
Q3 202433989,863,812$4.75B
Q2 2024334101,056,625$5.32B

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding BILL

FundWeight of BILLShares (as reported)Value (as reported)Source updated
VTI Vanguard Morningstar Total Stock Market ETF0.01%2,844,187$140.0MOct 7, 2026
VB Vanguard Morningstar Small-Cap ETF0.05%2,061,252$101.5MOct 7, 2026
VGT Vanguard Information Technology ETF0.06%1,990,233$98.0MOct 7, 2026
VBK Vanguard Morningstar Small-Cap Growth ETF0.13%1,185,205$58.3MOct 7, 2026
VXF Vanguard Extended Market ETF0.05%945,130$46.5MOct 7, 2026
DFSV U.S. Small Cap Value Portfolio ETF Class Shares0.16%962,337$42.3MOct 8, 2026
MDY State Street SPDR S&P MIDCAP 400 ETF Trust0.10%601,792$26.9MOct 8, 2026
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF0.10%427,655$19.1MOct 8, 2026
SCHA Schwab U.S. Small-Cap ETF0.08%424,661$18.4MOct 8, 2026
IGV iShares Expanded Tech-Software Sector ETF0.12%398,066$17.5MOct 8, 2026
IWR iShares Russell Mid-Cap ETF0.03%358,300$15.8MOct 8, 2026
DFAC Dimensional - US Core Equity 2 ETF0.02%326,784$14.4MOct 8, 2026
FTEC Fidelity MSCI Information Technology Index ETF0.05%254,681$11.2MOct 8, 2026
FMDE Fidelity Enhanced Mid Cap ETF0.13%246,924$10.9MOct 8, 2026
SCHM Schwab U.S. Mid-Cap ETF0.07%242,223$10.7MOct 7, 2026

From each fund's latest holdings file on record that shows BILL's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as BILL's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for BILL reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is BILL's share of that fund.

BILL Congress Trades

Members of Congress and their households disclosed 5 transactions in BILL on file (3 purchases, 2 sales) by 2 members, the latest trade on Aug 13, 2025.

MemberChamberTypeAmountTradedDisclosed
Lisa C. McClain (R-MI-9)HouseSale (Full)$1,001 - $15,000Aug 13, 2025Sep 15, 2025
Lisa C. McClain (R-MI-9)HousePurchase$1,001 - $15,000Jun 17, 2025Aug 13, 2025
Daniel S. Goldman (D-NY-10)HousePurchase$1,001 - $15,000Apr 10, 2023May 19, 2023
Daniel S. Goldman (D-NY-10)HousePurchase$15,001 - $50,000Apr 10, 2023May 19, 2023
Daniel S. Goldman (D-NY-10)HouseSale (Full)$15,001 - $50,000Mar 6, 2023Apr 17, 2023

From the periodic transaction reports members of the Senate and the House file under the STOCK Act, within 45 days of a trade (some file later); amounts are the ranges the reports give (a few give an exact amount), and a transaction a later report lists again is counted once. On file: House reports disclosed from Apr 10, 2023 through Oct 14, 2026; Senate reports disclosed from Jan 30, 2014 through Oct 7, 2026. The party is the member's on the trade date. A trade is listed under the company that traded under its ticker on the trade date (dated from Feb 1, 2021, unless the filing describes another company of ours; before that, only when the filing's description of the security is the company's name).

How to Read BILL Insider Activity

Net insider sentiment skews to the sell side over the trailing twelve months: 17 sales versus 0 buys. Insider sales carry less informational weight than buys because they are often driven by liquidity, tax planning, or pre-scheduled Rule 10b5-1 trading plans rather than negative information. The transaction type alone does not say whether a sale was made on the open market or privately, or under a 10b5-1 plan; the filing's plan checkbox and footnotes do. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked BILL insider trading questions

How active are BILL insiders right now?
Over the trailing twelve months, Bill.com Holdings, Inc. (BILL) insiders made 0 buy transactions and 17 sale transactions. Net insider sentiment over the trailing twelve months tilts to the sell side (17 sales vs 0 buys). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are BILL insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do BILL insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.