BlackLine (NASDAQ:BL) Shares Unloaded Rep. Lisa C. McClain

Representative Lisa C. McClain (R-Michigan) recently sold shares of BlackLine (NASDAQ:BL). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in BlackLine stock on October 31st. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

BlackLine Stock Performance

Shares of NASDAQ BL traded down $0.16 during trading hours on Wednesday, reaching $57.60. 88,379 shares of the stock were exchanged, compared to its average volume of 795,469. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 51.91, a P/E/G ratio of 13.38 and a beta of 1.02. The stock’s fifty day simple moving average is $53.56 and its 200 day simple moving average is $54.33. The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.52 and a current ratio of 1.52. BlackLine has a 52 week low of $40.82 and a 52 week high of $66.25.

BlackLine (NASDAQ:BL) last released its quarterly earnings results on Thursday, November 6th. The technology company reported $0.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.51. The business had revenue of $178.29 million during the quarter, compared to the consensus estimate of $178.11 million. BlackLine had a return on equity of 14.51% and a net margin of 11.07%.The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 EPS. BlackLine has set its FY 2025 guidance at 2.080-2.130 EPS. Q4 2025 guidance at 0.580-0.610 EPS. Sell-side analysts predict that BlackLine will post 0.9 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Robert W. Baird reaffirmed a “neutral” rating and set a $55.00 price target (down from $64.00) on shares of BlackLine in a research report on Friday, November 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of BlackLine in a research note on Monday. Morgan Stanley upped their price target on shares of BlackLine from $68.00 to $73.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. DA Davidson raised shares of BlackLine to a “hold” rating in a research note on Monday, November 10th. Finally, JMP Securities restated a “market outperform” rating and set a $80.00 target price on shares of BlackLine in a research note on Thursday, September 11th. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $60.92.

Insiders Place Their Bets

In other BlackLine news, Director Thomas Unterman sold 910 shares of BlackLine stock in a transaction on Monday, October 27th. The shares were sold at an average price of $55.00, for a total transaction of $50,050.00. Following the transaction, the director directly owned 41,835 shares of the company’s stock, valued at $2,300,925. The trade was a 2.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders sold 2,730 shares of company stock worth $150,150. 8.60% of the stock is currently owned by company insiders.

Institutional Trading of BlackLine

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new position in BlackLine in the 3rd quarter valued at about $25,000. Atlantic Union Bankshares Corp bought a new position in shares of BlackLine in the second quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of BlackLine during the second quarter valued at approximately $33,000. Versant Capital Management Inc grew its holdings in BlackLine by 110.4% during the third quarter. Versant Capital Management Inc now owns 667 shares of the technology company’s stock worth $35,000 after buying an additional 350 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in BlackLine in the 3rd quarter valued at $38,000. Institutional investors and hedge funds own 95.13% of the company’s stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About BlackLine

BlackLine, Inc operates a cloud-based software platform which is designed to transform accounting and finance operations for organizations of all types and sizes. Its scalable platform supports critical accounting processes such as the financial close, account reconciliations, intercompany accounting, and controls assurance.