BLACKLINE INC (NASDAQ:BL) insider Mario Spanicciati sold 10,625 shares of BLACKLINE INC stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $34.14, for a total transaction of $362,737.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Mario Spanicciati also recently made the following trade(s):

  • On Monday, September 25th, Mario Spanicciati sold 10,625 shares of BLACKLINE INC stock. The stock was sold at an average price of $33.01, for a total transaction of $350,731.25.
  • On Monday, September 18th, Mario Spanicciati sold 10,625 shares of BLACKLINE INC stock. The stock was sold at an average price of $32.99, for a total transaction of $350,518.75.
  • On Tuesday, September 12th, Mario Spanicciati sold 12,750 shares of BLACKLINE INC stock. The stock was sold at an average price of $33.32, for a total transaction of $424,830.00.
  • On Tuesday, September 5th, Mario Spanicciati sold 10,625 shares of BLACKLINE INC stock. The stock was sold at an average price of $30.45, for a total transaction of $323,531.25.
  • On Tuesday, August 29th, Mario Spanicciati sold 2,125 shares of BLACKLINE INC stock. The shares were sold at an average price of $30.00, for a total value of $63,750.00.
  • On Monday, August 28th, Mario Spanicciati sold 8,500 shares of BLACKLINE INC stock. The shares were sold at an average price of $29.28, for a total value of $248,880.00.
  • On Monday, August 21st, Mario Spanicciati sold 8,500 shares of BLACKLINE INC stock. The stock was sold at an average price of $29.25, for a total value of $248,625.00.
  • On Monday, August 14th, Mario Spanicciati sold 10,625 shares of BLACKLINE INC stock. The stock was sold at an average price of $29.88, for a total value of $317,475.00.
  • On Monday, August 7th, Mario Spanicciati sold 10,625 shares of BLACKLINE INC stock. The stock was sold at an average price of $30.31, for a total value of $322,043.75.
  • On Monday, July 31st, Mario Spanicciati sold 12,750 shares of BLACKLINE INC stock. The stock was sold at an average price of $38.91, for a total value of $496,102.50.

Shares of BLACKLINE INC (NASDAQ:BL) traded down 0.41% during midday trading on Tuesday, hitting $33.98. The stock had a trading volume of 227,870 shares. The firm’s market capitalization is $1.78 billion. The company’s 50 day moving average price is $33.99 and its 200-day moving average price is $33.99. BLACKLINE INC has a 1-year low of $21.66 and a 1-year high of $36.53.

BLACKLINE INC (NASDAQ:BL) last issued its quarterly earnings data on Thursday, August 3rd. The technology company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.12. BLACKLINE INC had a negative return on equity of 6.54% and a negative net margin of 27.89%. The company had revenue of $42.30 million during the quarter, compared to analysts’ expectations of $41.45 million. The company’s quarterly revenue was up 45.9% on a year-over-year basis. Equities analysts predict that BLACKLINE INC will post ($0.17) earnings per share for the current year.

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A number of research analysts have recently commented on BL shares. JMP Securities started coverage on BLACKLINE INC in a report on Monday, June 26th. They set a “market perform” rating on the stock. SunTrust Banks, Inc. initiated coverage on BLACKLINE INC in a report on Monday, June 26th. They issued a “buy” rating and a $43.00 target price for the company. Zacks Investment Research lowered BLACKLINE INC from a “buy” rating to a “hold” rating in a report on Monday, July 10th. BidaskClub raised BLACKLINE INC from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 14th. Finally, ValuEngine raised BLACKLINE INC from a “sell” rating to a “hold” rating in a research report on Tuesday, June 20th. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $36.67.

BLACKLINE INC Company Profile

BlackLine, Inc is a holding company. The Company provides cloud-based software platform that is designed to automate and streamline accounting and finance operations. Its platform supports accounting processes, such as the financial close, account reconciliation, intercompany accounting and controls assurance.

Insider Buying and Selling by Quarter for BLACKLINE INC (NASDAQ:BL)

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