Top 5 Stock Picks of Wen Han Li’s Andar Capital

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1. Bill.com Holdings, Inc. (NYSE:BILL)

Andar Capital’s Stake Value: $16,551,000

Percentage of Andar Capital’s 13F Portfolio: 13.20%

Number of Hedge Fund Holders: 53

Bill.com Holdings, Inc. (NYSE:BILL) is a software company offering on-demand solutions that automate financial processes for small and mid-cap businesses. Bill.com Holdings, Inc. (NYSE:BILL) is the largest holding in Andar Capital’s Q3 portfolio, with the investment firm owning 62,000 shares in Bill.com Holdings, Inc. (NYSE:BILL), worth $16.5 million, representing 13.2% of the stock portfolio. 

Bill.com Holdings, Inc. (NYSE:BILL) posted its Q3 results on November 4. EPS in the quarter totaled -$0.15, exceeding estimates by $0.06. The revenue equaled $116.4 million, up 151.91% year-over-year, beating estimates by $11.32 million. 

On November 5, Canaccord analyst Joseph Vafi raised the price target on Bill.com Holdings, Inc. (NYSE:BILL) to $366 from $284 and kept a Buy rating on the stock, stating that the company is benefiting from significant organic growth.

One of the leading stakeholders in the company is Gabriel Plotkin’s Melvin Capital Management, with 2.6 million shares worth $694 million. As of Q2 2021, 53 hedge funds in the database of Insider Monkey held stakes valued at $2.76 billion in Bill.com Holdings, Inc. (NYSE:BILL). This is compared to 51 funds in the preceding quarter, with a total stake value of $2.41 billion. 

You can also take a look at 10 Growth Stocks to Buy According to Jay Chen’s Himension Capital and Billionaire Stephen Mandel’s Top 10 Stock Picks

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