BlackLine (NASDAQ:BL) Stock Acquired Rep. Lisa C. McClain

Representative Lisa C. McClain (R-Michigan) recently bought shares of BlackLine (NASDAQ:BL). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in BlackLine stock on October 30th. 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 Trading Down 0.6%

Shares of BL stock traded down $0.37 during trading hours on Friday, reaching $56.99. The company’s stock had a trading volume of 253,041 shares, compared to its average volume of 795,552. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 2.03. BlackLine has a one year low of $40.82 and a one year high of $66.25. The stock has a market capitalization of $3.39 billion, a P/E ratio of 51.34, a P/E/G ratio of 13.64 and a beta of 1.02. The firm’s fifty day simple moving average is $53.66 and its 200 day simple moving average is $54.37.

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

Insider Activity at BlackLine

In other news, Director Thomas Unterman sold 910 shares of the business’s stock in a transaction that occurred 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 completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 8.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On BlackLine

A number of hedge funds have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in shares of BlackLine in the 3rd quarter worth $25,000. Atlantic Union Bankshares Corp bought a new stake in BlackLine in the 2nd quarter worth about $27,000. Caitong International Asset Management Co. Ltd purchased a new position in BlackLine in the 2nd quarter worth about $33,000. Versant Capital Management Inc raised its position in BlackLine by 110.4% in the 3rd quarter. Versant Capital Management Inc now owns 667 shares of the technology company’s stock worth $35,000 after buying an additional 350 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in BlackLine during the 3rd quarter valued at about $38,000. 95.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of BlackLine in a report on Monday. Zacks Research raised BlackLine from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. JMP Securities reiterated a “market outperform” rating and issued a $80.00 price objective on shares of BlackLine in a report on Thursday, September 11th. Baird R W cut shares of BlackLine from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Finally, Morgan Stanley increased their price target on shares of BlackLine from $68.00 to $73.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, BlackLine presently has an average rating of “Hold” and a consensus target price of $60.92.

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.

BlackLine Company Profile

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.