顶峰财富规划服务公司收购BTRS控股公司(纳斯达克代码：BTRS)

Pinnacle Wealth Planning Services Inc. acquired a new stake in shares of BTRS Holdings Inc. (NASDAQ:BTRS – Get Rating) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 11,816 shares of the company's stock, valued at approximately $88,000.

A number of other hedge funds also recently bought and sold shares of the stock. Senvest Management LLC increased its holdings in shares of BTRS by 230.3% in the 4th quarter. Senvest Management LLC now owns 8,413,672 shares of the company's stock worth $65,795,000 after purchasing an additional 5,866,172 shares in the last quarter. W Capital Management LLC bought a new stake in shares of BTRS in the 4th quarter worth $57,976,000. TimesSquare Capital Management LLC increased its holdings in shares of BTRS by 15.7% in the 4th quarter. TimesSquare Capital Management LLC now owns 4,738,543 shares of the company's stock worth $37,055,000 after purchasing an additional 641,868 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of BTRS by 778.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,241,421 shares of the company's stock worth $25,348,000 after purchasing an additional 2,872,363 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. increased its holdings in shares of BTRS by 38.8% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 2,326,419 shares of the company's stock worth $18,193,000 after purchasing an additional 649,752 shares in the last quarter. 75.70% of the stock is owned by institutional investors.

Get

BTRS

alerts:

NASDAQ BTRS opened at $5.05 on Tuesday. The company has a market capitalization of $825.24 million, a PE ratio of -12.02 and a beta of 0.46. The business's fifty day moving average is $5.22 and its 200 day moving average is $6.21. BTRS Holdings Inc. has a fifty-two week low of $3.95 and a fifty-two week high of $13.91.

In related news, SVP Andrew J. Herning sold 5,496 shares of the business's stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $4.93, for a total value of $27,095.28. Following the sale, the senior vice president now directly owns 93,105 shares in the company, valued at $459,007.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Steven Pinado sold 13,151 shares of the business's stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $4.74, for a total value of $62,335.74. Following the completion of the sale, the president now owns 508,150 shares in the company, valued at $2,408,631. The disclosure for this sale can be found here. Insiders have sold 19,956 shares of company stock worth $95,636 over the last quarter. 19.40% of the stock is owned by company insiders.

Separately, Citigroup lifted their target price on BTRS from $12.00 to $13.00 and gave the stock a "buy" rating in a report on Friday, March 18th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $11.67.

BTRS Company Profile (Get Rating)

BTRS Holdings Inc provides cloud-based software and integrated payment processing solutions that automates business-to-business (B2B) commerce worldwide. The company operates in two segments, Print, and Software and Payments. The company offers solutions that span credit decisioning and monitoring, online ordering, invoicing, cash application, and collections.

Read More

• Get a free copy of the StockNews.com research report on BTRS (BTRS)
• PetVivo Holdings Is A Growth Stock Worth a Look
• PVH Corp Stock Approaching Key Support Levels
• Two Pet Health Stocks To Watch And One To Avoid
• Three (3) Top-Rated Dividend Payers Worth Your Attention
• 5 Reasons to Climb Aboard Carnival Stock

Want to see what other hedge funds are holding BTRS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BTRS Holdings Inc. (NASDAQ:BTRS – Get Rating).

Receive News & Ratings for BTRS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BTRS and related companies with MarketBeat.com's FREE daily email newsletter.