BLACKLINE INC (NASDAQ:BL) insider Mario Spanicciati sold 10,625 shares of the business’s stock in a transaction on Monday, September 18th. The stock was sold at an average price of $32.99, for a total value of $350,518.75. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

  • 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 value 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 value of $323,531.25.
  • On Tuesday, August 29th, Mario Spanicciati sold 2,125 shares of BLACKLINE INC stock. The stock was 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 stock was 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.
  • On Friday, July 28th, Mario Spanicciati sold 4,250 shares of BLACKLINE INC stock. The stock was sold at an average price of $40.00, for a total value of $170,000.00.
  • On Monday, July 24th, Mario Spanicciati sold 12,750 shares of BLACKLINE INC stock. The stock was sold at an average price of $37.57, for a total value of $479,017.50.

BLACKLINE INC (BL) opened at 33.44 on Wednesday. The stock’s 50 day moving average price is $34.52 and its 200-day moving average price is $34.52. The stock’s market cap is $1.75 billion. BLACKLINE INC has a one year low of $21.66 and a one year high of $36.53.

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

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A number of equities research analysts have recently issued reports on the company. BidaskClub raised BLACKLINE INC from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 14th. Zacks Investment Research raised BLACKLINE INC from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a research report on Wednesday, August 9th. SunTrust Banks, Inc. assumed coverage on BLACKLINE INC in a research report on Monday, June 26th. They set a “buy” rating and a $43.00 target price on the stock. JMP Securities assumed coverage on BLACKLINE INC in a research report on Monday, June 26th. They set a “market perform” rating on the stock. Finally, ValuEngine raised BLACKLINE INC from a “sell” rating to a “hold” rating in a research report on Tuesday, June 20th. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. BLACKLINE INC has an average rating of “Buy” and an average target price of $34.78.

About BLACKLINE INC

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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