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Bill.com Holdings, Inc. (BILL)

USD41.72 -1.14 (-2.66%)
US NYSE Technology Software - Application
Address 6220 America Center Drive 95002
San Jose, CA, US
CEO Rene A. Lacerte
Website bill.com
IPO 2019-12-12
CIK 1786352 ISIN US0900431000

Explore sections of this company profile

Description

Bill.com Holdings, Inc. offers a powerful cloud-based platform designed to streamline, digitize, and automate the core financial operations for small and medium-sized businesses worldwide. Through its software-as-a-service (SaaS) model, the company provides sophisticated cloud payment solutions and spend management tools. These offerings empower businesses to fully automate both accounts payable and accounts receivable processes, foster seamless connections with their suppliers and clients, abolish traditional expense reports, optimize cash flow, and significantly enhance overall office efficiency. Beyond its core products, Bill.com also furnishes comprehensive support services, covering initial implementation assistance, ongoing technical help, and educational training. Its diverse client base encompasses accounting firms, financial service organizations, and various software enterprises. Established in 2006, Bill.com Holdings, Inc. maintains its corporate headquarters in San Jose, California.

News Sentiment (7d)
78 Positive

Based on only 1 article — low confidence

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD41.72 -1.14 (-2.66%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
1.18
Float Shares
88.28M
Free Float %
89.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.65% +0.54% +12.16% -12.26% -17.72% -24.40% -13.62% -57.80% -69.20% +16.14% +16.14%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (32 ratings, all time) Buy
Price Targets & DCF
Current price
41.72
Low 42.00 +0.7%
Consensus 55.00 +31.8%
Median 52.00 +24.6%
High 77.00 +84.6%
DCF (Unlevered) 95.48 +128.9%
DCF (Levered) 98.21 +135.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 61% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 11 -1
Hold 9 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 2
48.00
+15.1%
Last Quarter 5
56.80
+36.1%
Last Year 16
55.13
+32.1%
All Time 66
131.80
+215.9%
Quality scores
Altman Z-Score
0.66
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Software - Application: +13.0%
    +13.4% Q1'26: +13.5% (vs Q1'25)
  • EPS growth Software - Application: +28.6%
    +185.2% Q1'26: +209.1% (vs Q1'25)
  • FCF margin FCF growth · Software - Application: +45.3%
    +5.5% Q1'26: +31.6% (vs Q1'25)
  • EBIT margin Software - Application: +9.4%
    +3.4% Q1'26: +4.8% (vs Q1'25)
  • ROIC Software - Application: +7.5%
    +1.1% Q1'26: +1.9% (vs Q1'25)
  • Share dilution Software - Application: +0.0%
    -2.1% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×
    12.81× Q1'26: 9.87× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.22) × ERP
WACC = 69% × Ke + 31% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 94.70 Current price: 41.72
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Jun 2020
actual
Jun 2021
actual
Jun 2022
actual
Jun 2023
actual
Jun 2024
actual
Jun 2025
actual
Jun 2026
17 Rev. Ana.
9 EPS Ana.
Jun 2027
18 Rev. Ana.
14 EPS Ana.
Jun 2028
8 Rev. Ana.
4 EPS Ana.
Jun 2029
6 Rev. Ana.
1 EPS Ana.
Jun 2030
6 Rev. Ana.
1 EPS Ana.
Revenue
157.60M
est: 153.48M (+2.7%)
238.27M
est: 221.43M (+7.6%)
641.96M
est: 630.19M (+1.9%)
1.06B
est: 1.05B (+0.9%)
1.29B
est: 1.28B (+0.9%)
1.46B
est: 1.46B (+0.5%)
1.65B
1.64B – 1.66B
+13.0% YoY
1.85B
1.80B – 1.88B
+12.5% YoY
2.12B
2.11B – 2.12B
+14.5% YoY
2.70B
2.64B – 2.75B
+27.2% YoY
3.22B
3.15B – 3.27B
+19.3% YoY
EBITDA
-26.55M
est: -21.45M (-23.8%)
-100.17M
est: -58.73M (-70.6%)
-225.16M
est: -233.03M (+3.4%)
-102.54M
est: -282.60M (+63.7%)
96.03M
est: 667.58M (-85.6%)
138.42M
est: 760.22M (-81.8%)
859.31M
854.07M – 864.55M
+13.0% YoY
966.78M
940.79M – 982.37M
+12.5% YoY
1.11B
1.10B – 1.11B
+14.5% YoY
1.41B
1.38B – 1.43B
+27.2% YoY
1.68B
1.65B – 1.71B
+19.3% YoY
EBIT
-30.81M
est: -34.85M (+11.6%)
-111.18M
est: -70.11M (-58.6%)
-321.26M
est: -291.87M (-10.1%)
-207.71M
est: -363.13M (+42.8%)
-7.14M
est: 611.69M (-101.2%)
48.97M
est: 696.58M (-93.0%)
787.36M
782.56M – 792.16M
+13.0% YoY
885.84M
862.03M – 900.13M
+12.5% YoY
1.01B
1.01B – 1.02B
+14.5% YoY
1.29B
1.26B – 1.31B
+27.2% YoY
1.54B
1.51B – 1.57B
+19.3% YoY
Net Income
-31.09M
est: -26.57M (-17.0%)
-98.72M
est: -70.13M (-40.8%)
-326.36M
est: -296.06M (-10.2%)
-223.73M
est: -169.95M (-31.6%)
-28.88M
est: 222.85M (-113.0%)
23.80M
est: 218.16M (-89.1%)
261.51M
259.32M – 263.70M
+19.9% YoY
313.25M
279.73M – 346.77M
+19.8% YoY
407.73M
100.23M – 715.24M
+30.2% YoY
492.43M
479.57M – 504.32M
+20.8% YoY
668.15M
650.71M – 684.28M
+35.7% YoY
SGA
99.25M
est: 109.91M (-9.7%)
196.05M
est: 173.43M (+13.0%)
548.33M
est: 518.92M (+5.7%)
797.14M
est: 637.26M (+25.1%)
756.20M
est: 915.33M (-17.4%)
825.62M
est: 1.04B (-20.8%)
1.18B
1.17B – 1.19B
+13.0% YoY
1.33B
1.29B – 1.35B
+12.5% YoY
1.52B
1.51B – 1.52B
+14.5% YoY
1.93B
1.89B – 1.97B
+27.2% YoY
2.30B
2.26B – 2.35B
+19.3% YoY
EPS
-0.39
est: -0.26 (-52.5%)
-1.19
est: -0.14 (-731.7%)
-3.21
est: -0.36 (-800.7%)
-2.11
est: 1.47 (-243.3%)
-0.27
est: 2.08 (-113.0%)
0.23
est: 2.10 (-89.0%)
2.52
2.50 – 2.54
+19.9% YoY
3.05
2.69 – 3.34
+21.1% YoY
3.70
0.96 – 6.88
+21.5% YoY
4.74
4.62 – 4.85
+28.0% YoY
6.43
6.26 – 6.59
+35.7% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-05 Oppenheimer Outperform Outperform Maintain
2026-04-30 Morgan Stanley Equal Weight Equal Weight Maintain
2026-04-24 Truist Securities Buy Buy Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-06 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-05 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-04 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-01 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-27 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-15 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
397.05M
OE per share TTM
3.88
Owner's Yield
10.48%
Maintenance CapEx ratio
159.51%
Maint CapEx / Avg PPE
15.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
75
Total invested
84.44M
Insider transactions (90d)
0
Beneficial owners (>5%)
21
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 52-0556948 11.42M 11.10% 4.11M 11.42M IA Maryland 2022-02-10
2 The Vanguard Group - 23-1945930 8.57M 8.36% 67.8K 8.45M 126.8K IA Pennsylvania 2022-02-09
3 (1)Names of reporting persons. BlackRock, Inc. 6.77M 6.60% 6.30M 6.77M HC Delaware 2022-02-08
4 Morgan Stanley 6.68M 6.50% 6.25M 6.68M HC, CO Delaware. 2022-02-09
5 Morgan Stanley Investment Management Inc. 6.40M 6.20% 5.97M 6.40M IA, CO Delaware. 2022-02-09
6 10 5.56M 5.40% 5.57M 5.57M CO Republic of Singapore 2022-02-14
7 Virtus Investment Advisers, Inc.04-2453743 4.91M 6.04% 4.91M 4.91M IA A California 2021-02-16
8 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC95-4575414 4.52M 4.41% 775.3K 3.67M 845.3K 3.67M IA A California 2022-02-11
9 Abigail P. Johnson 3.16M 2.96% 3.16M IN Delaware 2024-11-12
10 FMR LLC 3.16M 2.96% 3.16M 3.16M HC Delaware 2024-11-12
11 Howard Hartenbaum (“Hartenbaum”) 220.0K 0.30% 220.0K 220.0K IN U.S. Citizen 2021-02-16
12 Steven Piaker 153.6K 0.20% 153.6K 153.6K IN 2021-02-12
13 David M. Hornik (“Hornik”) 77.4K 0.10% 77.4K 77.4K IN U.S. Citizen 2021-02-16
14 Manu Rana 75.7K 0.09% 75.7K 75.7K IN 2021-02-16
15 Napier Park Global Capital (US), L.P. 3.8K 0.00% 3.8K 3.8K PN 2021-02-16
16 95-1411037 13.00 5.20% 5.22M 5.35M IA Delaware 2022-02-11
17 August Capital Management V, L.L.C. (“ACM V”) 0.00% OO Delaware 2021-02-16
18 August Capital V Special Opportunities, L.P. (“August V SO”) 0.00% PN Delaware 2021-02-16
19 August Capital V, L.P. (“August V”) 0.00% PN Delaware 2021-02-16
20 Ten Coves Capital I GP, LLC (f/k/a Financial Partners Fund I GP, LLC) 0.00% OO 2021-02-12
21 Ten Coves Capital I, LP (f/k/a Financial Partners Fund I, L.P.) 0.00% PN 2021-02-12

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
75
-330 vs prev Q
New positions
14
Closed positions
308
Increased
42
Reduced
23
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 8.52M +8.5M (+100.0%) 464.59B +464.6B (+100.0%) 8.42% +8.415 pp 100.00% +100.000 pp USD54.54 +0.0% 1 qtrs NEW
2 VANGUARD GROUP INC 10.20M -648.5K (-6.0%) 556.04M -18.3M (-3.2%) 10.07% -0.433 pp 0.01% -0.001 pp USD123.33 -55.8% 25 qtrs
3 BLACKROCK, INC. 8.04M -537.9K (-6.3%) 438.40M -15.9M (-3.5%) 7.94% -0.367 pp 0.01% -0.001 pp USD67.27 -18.9% 6 qtrs
4 STARBOARD VALUE LP 7.02M +— (+0.0%) 383.14M +11.0M (+3.0%) 6.94% +0.135 pp 7.26% +0.256 pp USD52.97 +3.0% 2 qtrs
5 CONTOUR ASSET MANAGEMENT LLC 4.71M +1.5M (+45.5%) 256.91M +85.4M (+49.8%) 4.65% +1.516 pp 5.99% +1.695 pp USD49.13 +11.0% 4 qtrs
6 POINT72 ASSET MANAGEMENT, L.P. 4.15M +2.4M (+132.6%) 226.51M +131.9M (+139.5%) 4.10% +2.373 pp 0.25% +0.095 pp USD55.16 -1.1% 25 qtrs
7 AMERIPRISE FINANCIAL INC 3.21M +660.6K (+25.9%) 174.90M +40.0M (+29.7%) 3.17% +0.701 pp 0.04% +0.009 pp USD68.28 -20.1% 25 qtrs
8 STATE STREET CORP 3.04M +172.7K (+6.0%) 165.94M +13.9M (+9.2%) 3.01% +0.226 pp 0.01% +0.000 pp USD124.61 -56.2% 24 qtrs
9 ELLIOTT INVESTMENT MANAGEMENT L.P. 3.00M +— (+0.0%) 163.62M +4.7M (+3.0%) 2.96% +0.058 pp 0.72% +0.025 pp USD52.97 +3.0% 2 qtrs
10 DIMENSIONAL FUND ADVISORS LP 2.96M -384.8K (-11.5%) 161.68M -15.7M (-8.9%) 2.93% -0.316 pp 0.03% -0.004 pp USD59.04 -7.6% 22 qtrs
11 MARSHALL WACE, LLP 2.96M +791.2K (+36.5%) 161.33M +46.6M (+40.6%) 2.92% +0.823 pp 0.15% +0.031 pp USD55.48 -1.7% 19 qtrs
12 PRICE T ROWE ASSOCIATES INC /MD/ 2.93M -166.8K (-5.4%) 159.85M -4.2M (-2.6%) 2.90% -0.105 pp 0.02% 0.000 pp USD140.74 -61.2% 25 qtrs
13 WELLINGTON MANAGEMENT GROUP LLP 2.89M -544.5K (-15.9%) 157.43M -24.3M (-13.4%) 2.85% -0.472 pp 0.03% -0.004 pp USD63.50 -14.1% 20 qtrs
14 SENVEST MANAGEMENT, LLC 2.57M +1.6M (+155.8%) 140.35M +87.1M (+163.4%) 2.54% +1.568 pp 4.35% +2.639 pp USD53.12 +2.7% 5 qtrs
15 UBS GROUP AG 2.24M -3.7M (-62.5%) 122.17M -194.1M (-61.4%) 2.21% -3.571 pp 0.02% -0.030 pp USD52.73 +3.4% 25 qtrs
16 BANK OF AMERICA CORP /DE/ 2.08M +589.2K (+39.6%) 113.36M +34.5M (+43.7%) 2.05% +0.611 pp 0.01% +0.003 pp USD58.45 -6.7% 25 qtrs
17 MORGAN STANLEY 1.90M +1.1M (+126.5%) 103.51M +59.1M (+133.2%) 1.87% +1.063 pp 0.01% +0.004 pp USD96.14 -43.3% 25 qtrs
18 ROYAL BANK OF CANADA 1.64M -339.5K (-17.2%) 89.19M -15.4M (-14.7%) 1.62% -0.298 pp 0.01% -0.003 pp USD53.88 +1.2% 25 qtrs
19 GEODE CAPITAL MANAGEMENT, LLC 1.55M -77.2K (-4.7%) 84.59M -1.7M (-1.9%) 1.53% -0.045 pp 0.01% 0.000 pp USD134.80 -59.5% 24 qtrs
20 PARNASSUS INVESTMENTS, LLC 1.46M +558.2K (+61.6%) 79.84M +31.9M (+66.4%) 1.45% +0.569 pp 0.21% +0.096 pp USD52.07 +4.7% 4 qtrs
21 FMR LLC 1.06M +17.9K (+1.7%) 57.60M +2.6M (+4.7%) 1.04% +0.038 pp 0.00% +0.000 pp USD104.16 -47.6% 25 qtrs
22 NORGES BANK 995.2K +995.2K (+100.0%) 54.28M +54.3M (+100.0%) 0.98% +0.983 pp 0.01% +0.006 pp USD54.54 +0.0% 1 qtrs NEW
23 CITADEL ADVISORS LLC 898.5K -264.8K (-22.8%) 49.00M -12.6M (-20.5%) 0.89% -0.239 pp 0.01% -0.002 pp USD89.78 -39.3% 24 qtrs
24 LIGHT STREET CAPITAL MANAGEMENT, LLC 878.0K -84.5K (-8.8%) 47.89M -3.1M (-6.1%) 0.87% -0.065 pp 7.37% -1.207 pp USD51.54 +5.8% 9 qtrs
25 MILLENNIUM MANAGEMENT LLC 869.7K +202.9K (+30.4%) 47.43M +12.1M (+34.3%) 0.86% +0.213 pp 0.02% +0.005 pp USD55.41 -1.6% 23 qtrs
26 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 830.1K -14.5K (-1.7%) 45.28M +534.3K (+1.2%) 0.82% +0.002 pp 0.01% 0.000 pp USD120.22 -54.6% 23 qtrs
27 UBS ASSET MANAGEMENT AMERICAS INC 818.2K -702.8K (-46.2%) 44.63M -35.9M (-44.6%) 0.81% -0.665 pp 0.01% -0.008 pp USD71.80 -24.0% 23 qtrs
28 INVENOMIC CAPITAL MANAGEMENT LP 708.9K +69.0K (+10.8%) 38.66M +4.8M (+14.1%) 0.70% +0.080 pp 1.80% +0.159 pp USD47.20 +15.6% 7 qtrs
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 703.4K -1.6M (-69.3%) 38.36M -83.1M (-68.4%) 0.69% -1.526 pp 0.00% -0.010 pp USD65.89 -17.2% 24 qtrs
30 SENATOR INVESTMENT GROUP LP 693.4K +693.4K (+100.0%) 37.82M +37.8M (+100.0%) 0.69% +0.685 pp 1.52% +1.516 pp USD54.54 +0.0% 1 qtrs NEW
31 BANK OF NEW YORK MELLON CORP 674.3K -17.2K (-2.5%) 36.77M +148.7K (+0.4%) 0.67% -0.004 pp 0.01% -0.001 pp USD133.56 -59.2% 24 qtrs
32 NORTHERN TRUST CORP 672.8K -61.3K (-8.4%) 36.69M -2.2M (-5.6%) 0.66% -0.047 pp 0.00% 0.000 pp USD119.68 -54.4% 25 qtrs
33 MANGROVE PARTNERS 655.4K +67.4K (+11.5%) 35.74M +4.6M (+14.8%) 0.65% +0.078 pp 2.91% +0.612 pp USD53.13 +2.7% 2 qtrs
34 ASSENAGON ASSET MANAGEMENT S.A. 643.0K +595.0K (+1,237.7%) 35.07M +32.5M (+1,277.3%) 0.63% +0.584 pp 0.05% +0.045 pp USD54.48 +0.1% 9 qtrs
35 FRONTIER CAPITAL MANAGEMENT CO LLC 641.7K +4.2K (+0.7%) 35.00M +1.2M (+3.6%) 0.63% +0.016 pp 0.37% +0.069 pp USD74.30 -26.6% 15 qtrs
36 LPL FINANCIAL LLC 591.4K -72.1K (-10.9%) 32.25M -2.9M (-8.2%) 0.58% -0.059 pp 0.01% -0.001 pp USD48.23 +13.1% 22 qtrs
37 BNP PARIBAS ARBITRAGE, SNC 570.1K +309.1K (+118.5%) 31.09M +17.3M (+124.9%) 0.56% +0.310 pp 0.01% +0.007 pp USD55.01 -0.9% 5 qtrs
38 BALYASNY ASSET MANAGEMENT L.P. 509.2K -992.1K (-66.1%) 27.77M -51.8M (-65.1%) 0.50% -0.951 pp 0.04% -0.066 pp USD52.97 +3.0% 2 qtrs
39 GREENHOUSE FUNDS LLLP 500.0K +— (+0.0%) 27.27M +785.0K (+3.0%) 0.49% +0.010 pp 0.99% +0.016 pp USD52.97 +3.0% 2 qtrs
40 RETIREMENT SYSTEMS OF ALABAMA 490.4K -3.9K (-0.8%) 26.75M +564.4K (+2.2%) 0.48% +0.002 pp 0.09% 0.000 pp USD56.42 -3.3% 5 qtrs
41 BARCLAYS PLC 406.5K +361.5K (+804.0%) 22.17M +19.8M (+834.5%) 0.40% +0.358 pp 0.01% +0.005 pp USD55.48 -1.7% 16 qtrs
42 JANE STREET GROUP, LLC 397.5K +263.2K (+195.9%) 21.68M +14.6M (+204.6%) 0.39% +0.263 pp 0.00% +0.002 pp USD54.80 -0.5% 22 qtrs
43 BARINGTON CAPITAL GROUP, L.P. 390.0K +325.0K (+500.0%) 21.27M +17.8M (+517.8%) 0.39% +0.322 pp 13.96% +11.375 pp USD54.28 +0.5% 2 qtrs
44 RAYMOND JAMES FINANCIAL INC 370.3K -8.1K (-2.2%) 20.38M +337.4K (+1.7%) 0.37% -0.001 pp 0.01% 0.000 pp USD73.16 -25.5% 5 qtrs
45 DEUTSCHE BANK AG\ 365.7K +357.3K (+4,231.6%) 19.95M +19.5M (+4,360.0%) 0.36% +0.353 pp 0.01% +0.006 pp USD55.05 -0.9% 25 qtrs
46 PAR CAPITAL MANAGEMENT INC 325.0K -1.6M (-83.1%) 17.73M -84.2M (-82.6%) 0.32% -1.544 pp 0.47% -2.517 pp USD52.97 +3.0% 2 qtrs
47 BANK OF MONTREAL /CAN/ 321.7K +19.2K (+6.4%) 17.54M +1.5M (+9.5%) 0.32% +0.025 pp 0.01% 0.000 pp USD50.04 +9.0% 24 qtrs
48 JPMORGAN CHASE & CO 316.7K -27.7K (-8.0%) 17.27M -969.7K (-5.3%) 0.31% -0.021 pp 0.00% +0.000 pp USD63.96 -14.7% 25 qtrs
49 READYSTATE ASSET MANAGEMENT LP 313.3K +182.8K (+140.1%) 17.09M +10.2M (+147.2%) 0.31% +0.183 pp 0.69% +0.398 pp USD53.89 +1.2% 2 qtrs
50 LOOMIS SAYLES & CO L P 299.0K -205.0 (-0.1%) 16.31M +458.6K (+2.9%) 0.30% +0.006 pp 0.02% +0.001 pp USD52.97 +3.0% 2 qtrs
51 NEWEDGE WEALTH, LLC 289.3K +289.3K (+100.0%) 15.78M +15.8M (+100.0%) 0.28% +0.284 pp 0.18% +0.178 pp USD54.54 +0.0% 1 qtrs NEW
52 MERIDIEM CAPITAL PARTNERS LP 273.8K +273.8K (+100.0%) 14.93M +14.9M (+100.0%) 0.27% +0.271 pp 0.90% +0.901 pp USD54.54 +0.0% 1 qtrs NEW
53 BLAIR WILLIAM & CO/IL 272.7K -13.9K (-4.8%) 14.88M -308.0K (-2.0%) 0.27% -0.008 pp 0.04% -0.001 pp USD54.67 -0.2% 23 qtrs
54 ARMISTICE CAPITAL, LLC 271.4K +152.2K (+127.7%) 14.80M +8.5M (+134.4%) 0.27% +0.153 pp 0.18% +0.083 pp USD53.85 +1.3% 9 qtrs
55 INVESCO LTD. 269.4K -19.0K (-6.6%) 14.69M -585.8K (-3.8%) 0.27% -0.013 pp 0.00% 0.000 pp USD84.28 -35.3% 25 qtrs
56 CANADA PENSION PLAN INVESTMENT BOARD 258.8K +45.2K (+21.2%) 14.11M +2.8M (+24.8%) 0.26% +0.049 pp 0.01% +0.002 pp USD57.22 -4.7% 16 qtrs
57 GOTHAM ASSET MANAGEMENT, LLC 256.0K +129.5K (+102.4%) 13.96M +7.3M (+108.4%) 0.25% +0.130 pp 0.05% +0.022 pp USD53.10 +2.7% 5 qtrs
58 CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. 253.4K -134.0K (-34.6%) 13.82M -6.7M (-32.6%) 0.25% -0.125 pp 0.04% -0.028 pp USD46.16 +18.2% 7 qtrs
59 EXODUSPOINT CAPITAL MANAGEMENT, LP 244.9K +239.7K (+4,657.9%) 13.36M +13.1M (+4,798.9%) 0.24% +0.237 pp 0.10% +0.102 pp USD54.36 +0.3% 25 qtrs
60 FEDERATED HERMES, INC. 231.7K -800.0 (-0.3%) 12.63M +321.3K (+2.6%) 0.23% +0.004 pp 0.02% -0.001 pp USD50.80 +7.4% 9 qtrs
61 RHUMBLINE ADVISERS 228.7K -24.8K (-9.8%) 12.47M -954.7K (-7.1%) 0.23% -0.020 pp 0.01% -0.001 pp USD102.40 -46.7% 24 qtrs
62 SG AMERICAS SECURITIES, LLC 202.6K +198.1K (+4,354.2%) 11.05M +10.8M (+4,485.5%) 0.20% +0.194 pp 0.01% +0.013 pp USD54.37 +0.3% 10 qtrs
63 POTRERO CAPITAL RESEARCH LLC 200.0K +— (+0.0%) 10.91M +314.0K (+3.0%) 0.20% +0.004 pp 3.67% +2.454 pp USD52.97 +3.0% 2 qtrs
64 HSBC HOLDINGS PLC 198.4K +198.4K (+100.0%) 10.89M +10.9M (+100.0%) 0.20% +0.196 pp 0.01% +0.006 pp USD54.54 +0.0% 1 qtrs NEW
65 TWO SIGMA INVESTMENTS, LP 192.6K -174.8K (-47.6%) 10.50M -9.0M (-46.0%) 0.19% -0.166 pp 0.01% -0.014 pp USD58.77 -7.2% 9 qtrs
66 PRINCIPAL FINANCIAL GROUP INC 191.5K -12.4K (-6.1%) 10.44M -354.0K (-3.3%) 0.19% -0.010 pp 0.01% 0.000 pp USD85.35 -36.1% 25 qtrs
67 IRIDIAN ASSET MANAGEMENT LLC/CT 187.4K +35.9K (+23.7%) 10.22M +2.2M (+27.3%) 0.18% +0.037 pp 3.76% +0.604 pp USD52.50 +3.9% 12 qtrs
68 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 175.6K +175.6K (+100.0%) 9.58M +9.6M (+100.0%) 0.17% +0.174 pp 0.33% +0.327 pp USD54.54 +0.0% 1 qtrs NEW
69 SWISS NATIONAL BANK 170.4K -19.3K (-10.2%) 9.29M -754.8K (-7.5%) 0.17% -0.015 pp 0.01% 0.000 pp USD167.66 -67.5% 23 qtrs
70 ONE FIN CAPITAL MANAGEMENT LP 170.0K -50.0K (-22.7%) 9.27M -2.4M (-20.4%) 0.17% -0.045 pp 3.00% -0.830 pp USD52.97 +3.0% 2 qtrs
71 GOLDMAN SACHS GROUP INC 165.7K -89.1K (-35.0%) 9.04M -4.5M (-33.0%) 0.16% -0.083 pp 0.00% -0.001 pp USD81.85 -33.4% 25 qtrs
72 NUVEEN, LLC 157.6K -46.6K (-22.8%) 8.59M -2.2M (-20.5%) 0.16% -0.042 pp 0.00% -0.001 pp USD46.09 +18.3% 4 qtrs
73 TOTEM POINT MANAGEMENT, LLC 155.1K +83.9K (+117.8%) 8.46M +4.7M (+124.2%) 0.15% +0.084 pp 8.44% +5.076 pp USD53.82 +1.3% 2 qtrs
74 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 153.0K -17.9K (-10.5%) 8.35M -707.3K (-7.8%) 0.15% -0.014 pp 0.00% -0.001 pp USD122.61 -55.5% 23 qtrs
75 OSSIAM 149.7K +— (+0.0%) 8.16M +235.0K (+3.0%) 0.15% +0.003 pp 0.16% +0.061 pp USD52.97 +3.0% 2 qtrs
76 ALLIANCEBERNSTEIN L.P. 144.1K +14.6K (+11.3%) 7.86M +999.9K (+14.6%) 0.14% +0.017 pp 0.00% +0.000 pp USD72.35 -24.6% 23 qtrs
77 GREAT WEST LIFE ASSURANCE CO /CAN/ 136.7K -25.4K (-15.7%) 7.46M -1.4M (-15.6%) 0.14% -0.022 pp 0.01% +0.000 pp USD95.56 -42.9% 23 qtrs
78 LEGAL & GENERAL GROUP PLC 136.3K -16.4K (-10.7%) 7.43M -653.7K (-8.1%) 0.13% -0.013 pp 0.00% 0.000 pp USD168.54 -67.6% 25 qtrs
79 HUDSON BAY CAPITAL MANAGEMENT LP 122.5K +122.5K (+100.0%) 6.68M +6.7M (+100.0%) 0.12% +0.121 pp 0.02% +0.022 pp USD54.54 +0.0% 1 qtrs NEW
80 CAPITAL FUND MANAGEMENT S.A. 116.9K -14.7K (-11.2%) 6.38M -595.1K (-8.5%) 0.12% -0.012 pp 0.02% -0.001 pp USD63.14 -13.6% 12 qtrs
81 FREESTONE GROVE PARTNERS LP 116.2K +116.2K (+100.0%) 6.34M +6.3M (+100.0%) 0.11% +0.115 pp 0.05% +0.046 pp USD54.54 +0.0% 1 qtrs NEW
82 CIBC PRIVATE WEALTH GROUP, LLC 114.6K +9.0K (+8.5%) 6.25M +658.0K (+11.8%) 0.11% +0.011 pp 0.01% +0.001 pp USD51.13 +6.7% 13 qtrs
83 WALLEYE TRADING LLC 113.5K -178.6K (-61.1%) 6.19M -9.3M (-60.0%) 0.11% -0.171 pp 0.01% -0.015 pp USD61.84 -11.8% 24 qtrs
84 COHEN CAPITAL MANAGEMENT, INC. 109.8K +— (+0.0%) 5.99M +172.4K (+3.0%) 0.11% +0.001 pp 0.90% -0.004 pp USD54.15 +0.7% 8 qtrs
85 QUANTINNO CAPITAL MANAGEMENT LP 107.8K +23.7K (+28.2%) 5.88M +1.4M (+32.0%) 0.11% +0.025 pp 0.01% 0.000 pp USD57.61 -5.3% 10 qtrs
86 VERITION FUND MANAGEMENT LLC 100.2K +71.4K (+247.9%) 5.46M +3.9M (+258.2%) 0.10% +0.071 pp 0.02% +0.015 pp USD52.87 +3.2% 7 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.36
Bearish
Ratio by volume
0.72
Neutral
Buys
13
Sells
36
Shares acquired
124.3K
Shares disposed
172.9K
Cash buys
Cash sales
1.00
Net activity
-48,587
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-02-28 Rettig John R. Officer M-Exempt A Common Stock 5,710 0.00 152,396 D
2026-02-28 Moss Kenneth A Officer M-Exempt A Common Stock 1,983 0.00 158,336 D
2026-02-28 Lacerte Rene A. Director / Officer M-Exempt A Common Stock 6,661 0.00 114,114 D
2026-02-28 Bowman Mary Kay Officer M-Exempt A Common Stock 4,147 0.00 60,863 D
2026-01-15 Wernikoff Daniel A Director M-Exempt D Restricted Stock Units 1,531 0.00 3,062 D
2026-01-15 Gohman Keri Director M-Exempt D Restricted Stock Units 1,531 0.00 3,062 D
2025-12-11 Wernikoff Daniel A Director A-Award A Restricted Stock Units 3,639 0.00 3,639 D
2025-12-11 Wagonfeld Alison Director A-Award A Restricted Stock Units 3,639 0.00 3,639 D
2025-12-11 Reich Tina Director A-Award A Restricted Stock Units 3,639 0.00 3,639 D
2025-12-11 Mnookin Allison Director A-Award A Restricted Stock Units 3,639 0.00 3,639 D
2025-12-11 Kline Katherine M. A. Director A-Award A Restricted Stock Units 3,639 0.00 3,639 D
2025-12-11 Johnson Elizabeth S. 0 0.00 0
2025-12-11 Hornik David Director A-Award A Restricted Stock Units 3,639 0.00 3,639 D
2025-12-11 Gohman Keri Director A-Award A Restricted Stock Units 3,639 0.00 3,639 D
2025-12-11 DERSE NATALIE MARIE 0 0.00 0
2025-12-11 ALVAREZ AIDA Director A-Award A Restricted Stock Units 3,639 0.00 3,639 D
2025-12-05 Wagonfeld Alison Director M-Exempt D Restricted Stock Units 2,095 0.00 0 D
2025-12-05 Reich Tina Director M-Exempt D Restricted Stock Units 2,095 0.00 0 D
2025-12-05 Mnookin Allison Director M-Exempt A Common Stock 2,095 0.00 8,537 D
2025-12-05 Lacerte Rene A. Director / Officer G-Gift D Common Stock 15,190 0.00 99,593 I
2025-12-05 Kline Katherine M. A. Director M-Exempt A Common Stock 2,095 0.00 11,027 D
2025-12-05 JACOBS BRIAN Director M-Exempt D Restricted Stock Units 2,095 0.00 0 D
2025-12-05 Hornik David Director M-Exempt D Restricted Stock Units 2,095 0.00 0 D
2025-12-05 CAKEBREAD STEVEN Director M-Exempt D Restricted Stock Units 2,095 0.00 0 D
2025-12-05 ALVAREZ AIDA Director M-Exempt D Restricted Stock Units 2,095 0.00 0 D
2025-12-04 Rettig John R. Officer G-Gift D Common Stock 10,500 0.00 69,974 I
2025-12-02 Cota Germaine Officer S-Sale D Common Stock 1,104 51.23 56.6K 10,812 D
2025-11-28 Rettig John R. Officer M-Exempt A Common Stock 5,710 0.00 140,802 D
2025-11-28 Moss Kenneth A Officer M-Exempt D Restricted Stock Units 83 0.00 917 I
2025-11-28 Lacerte Rene A. Director / Officer M-Exempt D Restricted Stock Unit 5,358 0.00 16,077 D
2025-11-28 Cota Germaine Officer M-Exempt D Restricted Stock Unit 454 0.00 1,362 D
2025-11-28 Bowman Mary Kay Officer M-Exempt A Common Stock 14,786 0.00 45,432 D
2025-10-21 Wagonfeld Alison Director M-Exempt A Common Stock 1,039 0.00 1,039 D
2025-10-17 Kirkpatrick Lee Director A-Award A Restricted Stock Units 7,831 0.00 7,831 D
2025-10-17 Feld Peter A Director A-Award A Restricted Stock Unit 7,831 0.00 7,831 D
2025-09-15 Rettig John R. Officer A-Award A Restricted Stock Units 73,000 0.00 73,000 D
2025-09-15 Moss Kenneth A Officer A-Award A Restricted Stock Units 45,650 0.00 45,650 D
2025-09-15 Lacerte Rene A. Director / Officer A-Award A Restricted Stock Units 87,600 0.00 87,600 D
2025-09-15 Cota Germaine Officer A-Award A Restricted Stock Units 2,920 0.00 2,920 D
2025-09-15 Bowman Mary Kay Officer A-Award A Restricted Stock Units 29,346 0.00 29,346 D
2025-09-02 Cota Germaine Officer S-Sale D Common Stock 1,721 45.22 77.8K 10,085 D
2025-09-02 Aji Rajesh A. Officer S-Sale D Common Stock 3,971 45.22 179.6K 9,298 D
2025-08-28 Rettig John R. Officer M-Exempt A Common Stock 17,327 0.00 109,430 D
2025-08-28 Moss Kenneth A Officer F-InKind D Common Stock 19,734 49.20 970.9K 120,378 D
2025-08-28 Lacerte Rene A. Director / Officer M-Exempt D Performance Stock Units 2,367 0.00 0 D
2025-08-28 Cota Germaine Officer M-Exempt A Common Stock 3,577 0.00 13,089 D
2025-08-28 Bowman Mary Kay Officer M-Exempt A Common Stock 29,804 0.00 29,804 D
2025-08-28 Aji Rajesh A. Officer F-InKind D Common Stock 2,216 49.20 109.0K 13,269 D
2025-08-19 Rettig John R. Officer A-Award A Performance Stock Units 68,512 0.00 68,512 D
2025-08-19 Moss Kenneth A Officer A-Award A Performance Stock Units 23,789 0.00 23,789 D
2025-08-19 Lacerte Rene A. Director / Officer A-Award A Performance Stock Units 79,931 0.00 79,931 D
2025-08-19 Bowman Mary Kay Officer A-Award A Performance Stock Units 49,771 0.00 49,771 D
2025-08-19 Aji Rajesh A. Officer A-Award A Performance Stock Units 15,462 0.00 15,462 D
2025-08-15 Jain Rohini Officer A-Award A Restricted Stock Units 201,258 0.00 201,258 D
2025-07-07 Jain Rohini 0 0.00 0
2025-06-30 Reich Tina Director M-Exempt A Common Stock 1,213 0.00 7,387 D
2025-06-24 Aji Rajesh A. Officer S-Sale D Common Stock 1,780 45.25 80.5K 9,298 D
2025-06-03 Aji Rajesh A. Officer S-Sale D Common Stock 2,481 45.00 111.6K 11,078 D
2025-05-30 Cota Germaine Officer S-Sale D Common Stock 1,718 42.55 73.1K 9,512 D
2025-05-28 Rettig John R. Officer M-Exempt D Restricted Stock Unit 1,114 0.00 1,115 D
2025-05-28 Moss Kenneth A Officer M-Exempt D Restricted Stock Units 36 0.00 182 I
2025-05-28 Lacerte Rene A. Director / Officer M-Exempt A Common Stock 20,111 0.00 52,306 D
2025-05-28 Cota Germaine Officer M-Exempt D Restricted Stock Unit 261 0.00 2,352 D
2025-05-28 Aji Rajesh A. Officer M-Exempt D Restricted Stock Unit 557 0.00 558 D
2025-05-05 Cieri Michael Officer Restricted Stock Units 206,361 0.00 0 D
2025-05-02 ALVAREZ AIDA Director M-Exempt A Common Stock 1,165 0.00 8,112 D
2025-02-28 Rettig John R. Officer M-Exempt D Restricted Stock Unit 4,287 0.00 25,723 D
2025-02-28 Moss Kenneth A Officer M-Exempt D Restricted Stock Units 31 0.00 62 I
2025-02-28 Lacerte Rene A. Director / Officer M-Exempt D Performance Stock Units 2,368 0.00 4,734 D
2025-02-28 Cota Germaine Officer M-Exempt D Restricted Stock Unit 261 0.00 2,613 D
2025-02-28 Aji Rajesh A. Officer M-Exempt A Common Stock 5,394 0.00 13,206 D
2025-01-31 Wagonfeld Alison Director S-Sale D Common Stock 979 100.00 97.9K 0 D
2025-01-31 Cota Germaine Officer S-Sale D Common Stock 3,938 100.00 393.8K 2,901 D
2025-01-15 Wernikoff Daniel A Director A-Award A Restricted Stock Units 4,593 0.00 4,593 D
2025-01-15 Gohman Keri Director A-Award A Restricted Stock Units 4,593 0.00 4,593 D
2024-12-09 Wagonfeld Alison Director S-Sale D Common Stock 2,163 96.28 208.3K 979 D
2024-12-05 Wagonfeld Alison Director M-Exempt A Common Stock 2,883 0.00 3,142 D
2024-12-05 Wagner Scott Director M-Exempt A Common Stock 2,883 0.00 14,714 D
2024-12-05 Reich Tina Director M-Exempt D Restricted Stock Units 2,883 0.00 0 D
2024-12-05 Mnookin Allison Director M-Exempt A Common Stock 2,883 0.00 6,442 D
2024-12-05 Kline Katherine M. A. Director M-Exempt D Restricted Stock Units 2,883 0.00 0 D
2024-12-05 KIGHT PETER J Director M-Exempt D Restricted Stock Units 2,883 0.00 0 D
2024-12-05 JACOBS BRIAN Director M-Exempt D Restricted Stock Units 2,883 0.00 0 D
2024-12-05 Hornik David Director M-Exempt D Restricted Stock Units 2,883 0.00 0 D
2024-12-05 FISHER STEPHEN Director M-Exempt D Restricted Stock Units 2,883 0.00 0 D
2024-12-05 CAKEBREAD STEVEN Director M-Exempt D Restricted Stock Units 2,883 0.00 0 D
2024-12-05 ALVAREZ AIDA Director M-Exempt D Restricted Stock Units 2,883 0.00 0 D
2024-12-02 Cota Germaine Officer S-Sale D Common Stock 803 89.99 72.3K 6,839 D
2024-12-02 Aji Rajesh A. Officer S-Sale D Common Stock 1,905 89.99 171.4K 7,812 D
2024-11-29 Rettig John R. Officer F-InKind D Common Stock 9,744 90.22 879.1K 70,337 D
2024-11-29 Moss Kenneth A Officer F-InKind D Common Stock 77 90.22 6.9K 2,925 I
2024-11-29 Lacerte Rene A. Director / Officer F-InKind D Common Stock 11,395 90.22 1.03M 18,209 D
2024-11-29 Cota Germaine Officer F-InKind D Common Stock 1,280 90.22 115.5K 7,642 D
2024-11-29 Aji Rajesh A. Officer F-InKind D Common Stock 1,963 90.22 177.1K 9,717 D
2024-11-28 Rettig John R. Officer M-Exempt D Restricted Stock Unit 1,114 0.00 3,343 D
2024-11-28 Moss Kenneth A Officer M-Exempt D Restricted Stock Units 60 0.00 665 I
2024-11-28 Lacerte Rene A. Director / Officer M-Exempt D Restricted Stock Unit 8,309 0.00 124,644 D
2024-11-28 Cota Germaine Officer M-Exempt A Common Stock 3,574 0.00 8,922 D
2024-11-28 Aji Rajesh A. Officer M-Exempt D Restricted Stock Unit 1,786 0.00 12,504 D
2024-11-12 Wagonfeld Alison Director S-Sale D Common Stock 779 90.00 70.1K 259 D
2024-11-08 Cota Germaine Officer S-Sale D Common Stock 1,525 77.99 118.9K 5,348 D
2024-10-21 Wagonfeld Alison Director S-Sale D Common Stock 519 57.50 29.8K 1,038 D
2024-10-11 Moss Kenneth A Officer Performance Stock Units 14,245 0.00 0 D
2024-10-11 Bowman Mary Kay Officer Performance Stock Units 29,803 0.00 0 D
2024-09-29 Wagner Scott Director M-Exempt A Common Stock 449 0.00 11,831 D
2024-09-16 Rettig John R. Officer A-Award A Performance Stock Units 68,376 0.00 68,376
2024-09-16 Lacerte Rene A. Director / Officer A-Award A Performance Stock Units 53,181 0.00 53,181
2024-09-16 Cota Germaine Officer A-Award A Restricted Stock Units 17,189 0.00 17,189
2024-09-16 Aji Rajesh A. Officer A-Award A Performance Stock Units 9,259 0.00 9,259
2024-08-30 Cota Germaine Officer S-Sale D Common Stock 763 54.71 41.7K 6,901
2024-08-30 Aji Rajesh A. Officer S-Sale D Common Stock 2,386 54.70 130.5K 7,912
2024-08-28 Rettig John R. Officer M-Exempt A Common Stock 1,894 0.00 66,995
2024-08-28 Lacerte Rene A. Director / Officer M-Exempt D Restricted Stock Unit 3,658 0.00 43,893
2024-08-28 JACOBS BRIAN Director P-Purchase A Common Stock 20,000 53.63 1.07M 29,559
2024-08-28 Cota Germaine Officer M-Exempt D Restricted Stock Unit 578 0.00 2,312
2024-08-28 Aji Rajesh A. Officer M-Exempt D Performance Stock Units 789 0.00 3,157
2024-08-27 JACOBS BRIAN Director P-Purchase A Common Stock 5,000 53.16 265.8K 199,965 I
2024-08-26 Rettig John R. Officer P-Purchase A Common Stock 15,200 49.53 752.9K 78,750
2024-08-26 Lacerte Rene A. Director / Officer P-Purchase A Common Stock 6,622 49.18 325.7K 169,747
2024-06-30 Reich Tina Director M-Exempt A Common Stock 1,212 0.00 3,291
2024-06-17 Aji Rajesh A. Officer S-Sale D Common Stock 1,314 48.01 63.1K 7,812
2024-05-30 Cota Germaine Officer S-Sale D Common Stock 642 51.59 33.1K 6,057
2024-05-30 Aji Rajesh A. Officer S-Sale D Common Stock 2,616 51.60 135.0K 9,126
2024-05-28 Rettig John R. Officer M-Exempt D Restricted Stock Unit 1,114 0.00 5,571
2024-05-28 Lacerte Rene A. Director / Officer M-Exempt D Restricted Stock Unit 5,359 0.00 48,230
2024-05-28 Cota Germaine Officer M-Exempt D Restricted Stock Unit 1,207 0.00 8,456
2024-05-28 Aji Rajesh A. Officer M-Exempt D Restricted Stock Unit 1,786 0.00 16,077
2024-05-02 ALVAREZ AIDA Director M-Exempt A Common Stock 1,166 0.00 4,064
2024-03-07 Cota Germaine Officer S-Sale D Common Stock 920 65.34 60.1K 5,093
2024-03-01 Aji Rajesh A. Officer S-Sale D Common Stock 2,529 64.17 162.3K 8,652
2024-02-28 Rettig John R. Officer M-Exempt D Performance Stock Units 1,893 0.00 11,363
2024-02-28 Padelford Loren Officer M-Exempt D Performance Stock Units 1,255 0.00 7,535
2024-02-28 Lacerte Rene A. Director / Officer F-InKind D Common Stock 9,966 63.76 635.4K 102,863
2024-02-28 Cota Germaine Officer A-Award A Restricted Stock Unit 13,331 0.00 13,331
2024-02-28 Aji Rajesh A. Officer M-Exempt D Restricted Stock Unit 1,786 0.00 17,863
2024-02-16 FISHER STEPHEN Director M-Exempt D Restricted Stock Units 636 0.00 0
2024-02-07 Aji Rajesh A. Officer S-Sale D Common Stock 248 76.14 18.9K 8,178
2023-12-07 Wagonfeld Alison Director A-Award A Restricted Stock Units 2,883 0.00 2,883
2023-12-07 Wagner Scott Director M-Exempt A Common Stock 1,733 0.00 11,382
2023-12-07 Reich Tina Director M-Exempt D Restricted Stock Units 866 0.00 0
2023-12-07 Mnookin Allison Director M-Exempt A Common Stock 1,733 0.00 3,559
2023-12-07 Kline Katherine M. A. Director M-Exempt A Common Stock 1,733 0.00 6,049
2023-12-07 KIGHT PETER J Director M-Exempt D Restricted Stock Units 1,733 0.00 0
2023-12-07 JACOBS BRIAN Director M-Exempt D Restricted Stock Units 1,733 0.00 0
2023-12-07 Hornik David Director M-Exempt D Restricted Stock Units 1,733 0.00 0
2023-12-07 FISHER STEPHEN Director M-Exempt D Restricted Stock Units 1,733 0.00 0
2023-12-07 CAKEBREAD STEVEN Director M-Exempt D Restricted Stock Units 1,733 0.00 0
2023-12-07 ALVAREZ AIDA Director M-Exempt D Restricted Stock Units 1,733 0.00 0
2023-11-30 Aji Rajesh A. Officer S-Sale D Common Stock 2,024 67.92 137.5K 8,178
2023-11-29 Rettig John R. Officer S-Sale D Common Stock 293 68.40 20.0K 36,751
2023-11-29 Padelford Loren Officer S-Sale D Common Stock 222 68.40 15.2K 10,573
2023-11-29 Lacerte Rene A. Director / Officer S-Sale D Common Stock 5,583 66.98 374.0K 95,071
2023-11-29 Cota Germaine Officer S-Sale D Common Stock 633 67.73 42.9K 4,261
2023-11-29 Aji Rajesh A. Officer S-Sale D Common Stock 1,112 66.98 74.5K 11,507
2023-11-28 Rettig John R. Officer M-Exempt D Restricted Stock Units 3,750 0.00 7,500
2023-11-28 Padelford Loren Officer M-Exempt D Restricted Stock Units 11,372 0.00 34,117
2023-11-28 Lacerte Rene A. Director / Officer M-Exempt D Restricted Stock Units 2,785 0.00 19,497
2023-11-28 Kline Katherine M. A. Director M-Exempt D Restricted Stock Units 1,148 0.00 0
2023-11-28 Cota Germaine Officer M-Exempt A Common Stock 261 0.00 5,473
2023-11-28 Aji Rajesh A. Officer M-Exempt D Restricted Stock Units 736 0.00 11,052
2023-11-17 Aji Rajesh A. Officer M-Exempt A Common Stock 7,812 11.20 87.5K 7,812
2023-11-14 Wagner Scott Director P-Purchase A Common Stock 8,750 58.00 507.5K 9,649
2023-11-13 Hornik David Director P-Purchase A Common Stock 17,710 56.49 1.00M 17,710
2023-10-23 Wagonfeld Alison Director S-Sale D Common Stock 520 99.40 51.7K 519
2023-10-21 Wagonfeld Alison Director M-Exempt A Common Stock 1,039 0.00 1,039
2023-09-29 Wagner Scott Director M-Exempt D Restricted Stock Units 450 0.00 449
2023-09-01 Lacerte Rene A. Director / Officer M-Exempt D Employee Stock Option (Right to Buy) 15,000 5.26 78.9K 176,456
2023-08-30 Rettig John R. Officer S-Sale D Common Stock 900 113.78 102.4K 28,866
2023-08-30 Cota Germaine Officer S-Sale D Common Stock 675 110.62 74.7K 2,972
2023-08-30 Aji Rajesh A. Officer S-Sale D Common Stock 729 113.46 82.7K 0
2023-08-29 Rettig John R. Officer S-Sale D Common Stock 1,770 106.05 187.7K 46,010
2023-08-29 Padelford Loren Officer S-Sale D Common Stock 409 106.05 43.4K 4,614
2023-08-29 Lacerte Rene A. Director / Officer S-Sale D Common Stock 3,809 110.81 422.1K 100,649
2023-08-29 Cota Germaine Officer S-Sale D Common Stock 244 110.81 27.0K 3,647
2023-08-29 Aji Rajesh A. Officer S-Sale D Common Stock 584 106.05 61.9K 5,852
2023-08-28 Rettig John R. Officer M-Exempt D Restricted Stock Units 2,188 0.00 19,687
2023-08-28 Padelford Loren Officer M-Exempt D Performance Stock Units 5,023 0.00 10,046
2023-08-28 Lacerte Rene A. Director / Officer M-Exempt D Performance Stock Units 9,468 0.00 18,937
2023-08-28 Cota Germaine Officer M-Exempt A Common Stock 1,208 0.00 3,505
2023-08-28 Aji Rajesh A. Officer M-Exempt A Common Stock 557 0.00 1,494
2023-08-23 Rettig John R. Officer A-Award A Performance Stock Units 22,723 0.00 22,723
2023-08-23 Padelford Loren Officer A-Award A Performance Stock Units 15,069 0.00 15,069
2023-08-23 Lacerte Rene A. Director / Officer A-Award A Performance Stock Units 28,405 0.00 28,405
2023-08-23 Aji Rajesh A. Officer A-Award A Performance Stock Units 9,468 0.00 9,468
2023-08-15 Rettig John R. Officer A-Award A Performance Stock Units 25,081 0.00 25,081
2023-08-15 Padelford Loren Officer A-Award A Performance Stock Units 4,514 0.00 4,514
2023-08-15 Lacerte Rene A. Director / Officer A-Award A Restricted Stock Units 58,524 0.00 58,524
2023-08-15 Cota Germaine Officer A-Award A Restricted Stock Units 4,180 0.00 4,180
2023-08-15 Aji Rajesh A. Officer A-Award A Performance Stock Units 4,911 0.00 4,911
2023-06-30 Reich Tina Director M-Exempt D Restricted Stock Units 1,213 0.00 2,425
2023-06-15 Lacerte Rene A. Director / Officer S-Sale D Common Stock 1,700 113.34 192.7K 115,530
2023-06-07 Rettig John R. Officer S-Sale D Common Stock 400 116.20 46.5K 30,007
2023-06-07 Aji Rajesh A. Officer S-Sale D Common Stock 800 112.75 90.2K 2,300
2023-05-31 Cota Germaine Officer S-Sale D Common Stock 727 97.25 70.7K 2,297
2023-05-30 Rettig John R. Officer S-Sale D Common Stock 2,148 99.27 213.2K 35,431
2023-05-30 Lacerte Rene A. Director / Officer S-Sale D Common Stock 4,201 98.41 413.4K 109,452
2023-05-30 Cota Germaine Officer S-Sale D Common Stock 362 98.41 35.6K 3,447
2023-05-30 Aji Rajesh A. Officer S-Sale D Common Stock 140 100.25 14.0K 4,194
2023-05-28 Rettig John R. Officer M-Exempt A Common Stock 4,287 0.00 40,204
2023-05-28 Lacerte Rene A. Director / Officer M-Exempt A Common Stock 2,785 0.00 108,294

Executive team

Top executives
EBIT / Employee
22.4K
Shares Outstanding
98.96M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 René Lacerte Chief Executive Officer and Chair 550.0K 14.86M 688.1K 40.3K 16.14M 92.08%
2 2025 John Rettig President and Chief Operating Officer 500.0K 12.74M 625.5K 39.0K 13.90M 91.62%
3 2025 Mary Kay Bowman Executive Vice President, General Manager of Payments and Financial Services 337.3K 10.85M 284.1K 25.3K 11.54M 94.05%
4 2025 Mike Cieri Executive Vice President, General Manager of Software Solutions 126.3K 500.0K 8.71M 96.2K 4.0K 9.44M 92.30%
5 2025 Ken Moss Chief Technology Officer 443.3K 7.11M 337.8K 39.7K 7.93M 89.66%
6 2024 René Lacerte Chief Executive Officer 613.5K 13.18M 552.2K 31.7K 14.38M 91.67%
7 2024 René Lacerte Chief Executive Officer and Chair 613.5K 13.18M 552.2K 31.7K 14.38M 91.67%
8 2024 John Rettig President and Chief Financial Officer 547.5K 9.41M 551.9K 41.8K 10.56M 89.19%
9 2024 John Rettig President and Chief Operating Officer 547.5K 9.41M 551.9K 41.8K 10.56M 89.19%
10 2024 Loren Padelford Former Chief Commercial Officer 302.0K 3.31M 22.2K 3.63M 91.08%
11 2024 Raj Aji Chief Legal Officer, Chief Compliance Officer and Secretary 446.2K 2.16M 241.0K 31.7K 2.88M 75.04%
12 2023 René Lacerte Chief Executive Officer and Chair 550.0K 16.55M 625.4K 17.72M 93.37%
13 2023 René Lacerte Chief Executive Officer 550.0K 16.55M 625.4K 17.72M 93.37%
14 2023 John Rettig President and Chief Financial Officer 475.0K 12.97M 518.5K 13.97M 92.89%
15 2023 John Rettig Chief Financial Officer and EVP, Finance and Operations 475.0K 12.97M 518.5K 13.97M 92.89%
16 2023 John Rettig President and Chief Operating Officer 475.0K 12.97M 518.5K 13.97M 92.89%
17 2023 Loren Padelford Chief Commercial Officer 351.5K 145.2K 8.69M 398.0K 31.1K 9.61M 90.37%
18 2023 Loren Padelford Former Chief Commercial Officer 351.5K 145.2K 8.69M 398.0K 31.1K 9.61M 90.37%
19 2023 Raj Aji Chief Legal and Compliance Officer 400.0K 5.41M 272.9K 6.08M 88.93%
20 2023 Raj Aji Chief Legal Officer, Chief Compliance Officer and Secretary 400.0K 5.41M 272.9K 6.08M 88.93%
21 2023 Bora Chung Former Chief Experience Officer 119.0K 1.08M 2.7K 1.20M 89.89%
22 2022 Blake Murray Advisor to CEO and former Chief Revenue Officer 360.0K 36.0K 123.62M 125.1K 124.14M 99.58%
23 2022 John Rettig President and Chief Financial Officer 409.7K 21.35M 1.44M 570.3K 23.77M 95.88%
24 2022 John Rettig Chief Financial Officer and EVP, Finance and Operations 409.7K 21.35M 1.44M 570.3K 23.77M 95.88%
25 2022 Mark Lenhard Former Chief Operating Officer 291.7K 225.0K 19.97M 20.49M 97.48%
26 2022 René Lacerte Chief Executive Officer 500.0K 8.93M 3.70M 797.5K 13.93M 90.68%
27 2022 Thomas Clayton Former Chief Revenue Officer 249.2K 227.2K 2.60M 1.08M 1.04M 5.19M 70.81%
28 2022 Bora Chung Chief Experience Officer 370.0K 1.95M 807.5K 370.2K 3.50M 78.83%
29 2022 Bora Chung Former Chief Experience Officer 370.0K 1.95M 807.5K 370.2K 3.50M 78.83%
30 2022 Raj Aji Chief Legal and Compliance Officer 350.0K 1.73M 717.6K 266.4K 3.07M 79.90%
31 2022 Raj Aji Chief Legal Officer, Chief Compliance Officer and Secretary 350.0K 1.73M 717.6K 266.4K 3.07M 79.90%
32 2021 Thomas Clayton Chief Revenue Officer 307.4K 5.02M 2.25M 317.4K 7.90M 92.09%
33 2021 Thomas Clayton Former Chief Revenue Officer 307.4K 5.02M 2.25M 317.4K 7.90M 92.09%
34 2021 René Lacerte Chief Executive Officer 444.5K 759.0K 1.20M 0.00%
35 2021 John Rettig Chief Financial Officer and EVP, Finance and Operations 372.0K 526.5K 898.5K 0.00%
36 2021 Bora Chung Former Chief Experience Officer 339.5K 276.4K 615.9K 0.00%
37 2021 Bora Chung Chief Experience Officer 339.5K 276.4K 615.9K 0.00%
38 2021 Raj Aji Chief Legal and Compliance Officer 299.5K 216.2K 515.7K 0.00%
39 2021 Rajesh Aji General Counsel and Compliance Officer 299.5K 216.2K 515.7K 0.00%
40 2020 René Lacerte Chief Executive Officer 402.1K 11.10M 5.18M 534.1K 17.22M 94.56%
41 2020 John Rettig Chief Financial Officer and EVP, Finance and Operations 338.5K 4.16M 1.91M 342.8K 6.75M 89.91%
42 2020 John Rettig Chief Financial Officer and Executive Vice President, Finance and Operations 338.5K 4.16M 1.91M 342.8K 6.75M 89.91%
43 2020 Bora Chung Chief Experience Officer 300.0K 1.73M 818.0K 125.7K 2.98M 85.71%
44 2020 Bora Chung Senior Vice President, Product 300.0K 1.73M 818.0K 125.7K 2.98M 85.71%
45 2019 René Lacerte Chief Executive Officer 350.0K 10.0K 4.81M 231.8K 5.41M 89.05%
46 2019 John Rettig Chief Financial Officer and Executive Vice President, Finance and Operations 300.0K 54.0K 2.21M 161.8K 2.73M 80.92%
47 2019 John Rettig Chief Financial Officer and EVP, Finance and Operations 300.0K 54.0K 2.21M 161.8K 2.73M 80.92%
48 2019 Bora Chung Chief Experience Officer 154.2K 25.0K 1.99M 62.7K 2.23M 89.15%
49 2019 Bora Chung Senior Vice President, Product 154.2K 25.0K 1.99M 62.7K 2.23M 89.15%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2025-10-27 DEFA14A
2025-10-27 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-07 8-K
2026-04-29 SC 13G
2026-03-27 SC 13G/A
2026-03-16 8-K
2026-03-03 4
2026-03-03 4
2026-03-03 4
2026-03-03 4
2026-02-06 10-Q
2026-02-05 8-K

Executive team

NameTitleCompensationGender
Rene A. Lacerte Founder, Chief Executive Officer & Chairperson of the Board 1M male
John R. Rettig President & Chief Operating Officer 1M male
Kenneth Moss Chief Technology Officer 820.7K male
Mike Cieri Executive Vice President & GM of Software Solutions 726.6K male
Mary Kay Bowman EVice President and GM of Payments & Financial Services 709.1K female
Bobbie Grafeld Chief People Officer female
Sarah Acton Chief Customer Officer female
Jon Philip Andrews Jr. Vice President of Investor Relations male
Michael Dunn General Counsel & Corporate Secretary male
Rinki Sethi Vice President & Chief Information Security Officer female
Rohini Jain Chief Financial Officer & Principal Accounting Officer female
ESG Rating
B
SOFTWARE - APPLICATION
2026
E (Environmental)
90.4 / 66.0
Company / Sector avg.
S (Social)
57.5 / 69.5
Company / Sector avg.
G (Governance)
64.6 / 67.5
Company / Sector avg.
ESG Total
70.8 / 67.7
Company / Sector avg.
ESG Score History SOFTWARE - APPLICATION
Benchmark vs Sector
Political Trading Activity (25M)
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity
Transaction Date Disclosed Representative District Owner Type Amount Link
2025-08-13 2025-09-15 Lisa McClain MI09 Spouse Sale $1,001 - $15,000
2025-06-17 2025-08-13 Lisa McClain MI09 Spouse Purchase $1,001 - $15,000
2023-04-10 2023-05-19 Daniel Goldman NY10 Purchase $1,001 - $15,000
2023-04-10 2023-05-19 Daniel Goldman NY10 Purchase $15,001 - $50,000
2023-03-06 2023-04-17 Daniel Goldman NY10 Sale (Full) $15,001 - $50,000
2022-12-06 2023-01-03 Ro Khanna CA17 Sale $1,001 - $15,000
2022-11-03 2022-12-06 Ro Khanna CA17 Spouse Purchase $1,001 - $15,000
2022-06-27 2022-07-07 Ro Khanna CA17 Purchase $1,001 - $15,000
2022-05-23 2022-06-10 Ro Khanna CA17 Spouse Sale $1,001 - $15,000
2022-05-05 2022-06-10 Ro Khanna CA17 Spouse Sale $1,001 - $15,000
2022-04-11 2022-05-06 Ro Khanna CA17 Spouse Purchase $1,001 - $15,000
2022-01-21 2022-02-08 Ro Khanna CA17 Spouse Purchase $1,001 - $15,000
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits