BLACKLINE INC (BL) Insider Mario Spanicciati Sells 10,625 Shares of Stock

BLACKLINE INC (NASDAQ:BL) insider Mario Spanicciati sold 10,625 shares of the stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $33.49, for a total value of $355,831.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Monday, October 2nd, Mario Spanicciati sold 10,625 shares of BLACKLINE INC stock. The shares were sold at an average price of $34.14, for a total value of $362,737.50.
  • On Monday, September 25th, Mario Spanicciati sold 10,625 shares of BLACKLINE INC stock. The shares were sold at an average price of $33.01, for a total value of $350,731.25.
  • On Monday, September 18th, Mario Spanicciati sold 10,625 shares of BLACKLINE INC stock. The shares were sold at an average price of $32.99, for a total value of $350,518.75.
  • On Tuesday, September 12th, Mario Spanicciati sold 12,750 shares of BLACKLINE INC stock. The shares were 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 shares were 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 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 shares were 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 shares were 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 shares were sold at an average price of $30.31, for a total value of $322,043.75.

BLACKLINE INC (BL) opened at 33.11 on Wednesday. The company has a 50 day moving average price of $32.57 and a 200-day moving average price of $33.33. BLACKLINE INC has a 52 week low of $21.66 and a 52 week high of $40.28. The firm’s market capitalization is $1.74 billion.

BLACKLINE INC (NASDAQ:BL) last released its quarterly earnings results on Thursday, August 3rd. The technology company reported ($0.03) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.15) by $0.12. The business had revenue of $42.30 million during 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 firm’s revenue for the quarter was up 45.9% compared to the same quarter last year. Equities analysts predict that BLACKLINE INC will post ($0.17) earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: “BLACKLINE INC (BL) Insider Mario Spanicciati Sells 10,625 Shares of Stock” was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this story can be read at https://www.com-unik.info/2017/10/11/blackline-inc-bl-insider-mario-spanicciati-sells-10625-shares-of-stock.html.

Several research firms have recently weighed in on BL. Robert W. Baird set a $42.00 price objective on BLACKLINE INC and gave the company a “buy” rating in a research report on Sunday, October 1st. KeyCorp reissued a “buy” rating and issued a $39.00 price objective on shares of BLACKLINE INC in a research report on Friday, September 22nd. 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 price objective for the company in a research report on Wednesday, August 9th. Finally, SunTrust Banks, Inc. assumed coverage on BLACKLINE INC in a research note on Monday, June 26th. They issued a “buy” rating and a $43.00 target price for the company. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $36.67.

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)

What are top analysts saying about BLACKLINE INC? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for BLACKLINE INC and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit