Insider Trading Alert: Bottomline Technologies (EPAY)

 


Bottomline Technologies (NASDAQ:EPAY) insider has recently participated in insider trading activity. MD, Digital Banking, DELUCA NORMAN J sold 2,500 shares for $26.81 via one transaction Feb 16. Another notable insider trading was done by DELUCA NORMAN J on Jan 15, who is the MD, Digital Banking. The insider acquired 2,500 shares at an average price of $28.66. Moreover, an insider selling of 1,136 shares was carried out by Kelly John Francis, GM, Legal Solutions, on Jan 14. Following the transaction, the insider now owns 1,136 shares in total. GM, Legal Solutions Kelly John Francis sold 926 shares for $29.25 through one transaction Dec 15. Following this sale, this insider’s stake in the company comprises 47,000 shares, priced at $1271820 as of Thursday.


The stock has experienced a total of 15 insider trades in the past three months. These trades include 14 sell activities and 1 buy trades. Furthermore, over the past 12 months, the stock was traded 74 times by insiders. In 57 of these trades, the insider was a seller while an employee of the company was the buyer in just 17 instances.


On February 18, 2016 Bottomline Technologies (EPAY) a leading provider of cloud-based payment, invoice, and digital banking solutions, is delighted to have won the award for Best Technology Initiative of the Year, as recognized by The Card and Payment Awards 2016.


This most prestigious award ceremony recognizes excellence and innovation in the UK and Irish card and payments industry. Judged by an independent panel of industry experts, Bottomline was selected from initial submissions and shortlisted against six influential and dominant contenders to achieve this impressive award.


The Best Technology Initiative award recognized Bottomline Technologies Agency Services as a solution that delivers innovation in payments. Specifically, the judges were looking for a winner that could demonstrate and measure the use of technology as an enabler for business and customer advantage.


Using existing bank payment channels, Bottomline’s Agency Services solution enables Agency Banks and card programs to offer a new set of payment rails and improved flexibility in how funds are transferred to and from card accounts. Previously excluded from offering payment types such as Direct Debits and Faster Payments, the global prepaid market now benefits from being able to deliver ‘Banking Lite’ functionality to their customers.


“It is exciting to see such innovation in this space,” comments Michael Harty Managing Director of The Card and Payments Awards. “Bottomline’s submission was impressive and persuasively won across the judging panel as a prop that is truly changing the industry.”


“We are delighted that our technology has been recognized as an enabler to the prepaid market,” said Nigel Savory, Managing Director, Bottomline Technologies Global Business Solutions.  “Agency Services gives program providers the ability to deliver the same functional benefits as traditional bank accounts, presenting significant advantages for both program providers and end-users.”


 

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