Bottomline Technologies Inc /de/ (EPAY) Files Form 4 Insider Selling : Norman J Deluca Sells 2,500 Shares

Bottomline Technologies Inc /de/ (EPAY): Norman J Deluca , MD, Digital Banking of Bottomline Technologies Inc /de/ sold 2,500 shares on Apr 15, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $30.27 per share for a total value of $75,675.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 8, 2016, John Francis Kelly (GM, Legal Solutions) sold 1,867 shares at $30.83 per share price.On Mar 21, 2016, Nigel K Savory (Managing Director, Europe) sold 8,229 shares at $29.01 per share price.Also, On Mar 17, 2016, Norman J Deluca (MD, Digital Banking) sold 2,500 shares at $28.73 per share price.On Mar 14, 2016, Daniel M Mcgurl (director) sold 15,000 shares at $28.48 per share price.

Bottomline Technologies: On Monday, Apr 18, 2016 heightened volatility was witnessed in Bottomline Technologies which led to swings in the share price. The shares opened for trading at $30.18 and hit $30.84 on the upside , eventually ending the session at $30.84, with a gain of 1.68% or 0.51 points. The heightened volatility saw the trading volume jump to 1,54,644 shares. The 52-week high of the share price is $31.58 and the company has a market cap of $1,258 M . The 52-week low of the share price is at $21.64.

Bottomline Technologies Money Flow Index Chart

Currently the company Insiders own 3% of Bottomline Technologies shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -10.87%.Institutional Investors own 96.71% of Bottomline Technologies shares.During last six month period, the net percent change held by insiders has seen a change of -12.84%.

Bottomline Technologies (de) Inc. is a provider of cloud-based digital banking fraud prevention payment financial document insurance and healthcare solutions. The Company’s segments include Payments and Transactional Documents Hosted Solutions and Digital Banking. The Company offers hosted or Software as a Service (SaaS) solutions as well as software designed to run on-site at the customer’s location. The Payments and Transactional Documents segment is a supplier of software products that provide financial business process management solutions including making and collecting payments sending and receiving invoices and generating and storing business documents. The Hosted Solutions segment provides customers with SaaS technology offerings that facilitate electronic payment electronic invoicing and spend management. The Digital Banking segment provides solutions to banking and financial institution customers.

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