Analyst Downgrades – BlackLine (NASDAQ:BL) Stock Gets Downgraded By SunTrust Banks from Buy to Hold

Analyst Ratings For BlackLine (NASDAQ:BL)

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Today, BlackLine (NASDAQ:BL) stock was downgraded by SunTrust Banks from Buy to Hold with a price target of $43.00.

Some recent analyst ratings include

  • 3/19/2018-SunTrust Banks was Downgraded by analysts at SunTrust Banks from a “Buy ” rating to a ” Hold” rating. They now have a $43.00 price target on the stock.
  • 2/16/2018-Robert W. Baird Reiterated Rating of Buy.
  • 1/25/2018-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Neutral ” rating to a ” Underweight” rating. They now have a $27.00 price target on the stock.
  • 11/16/2017-JMP Securities Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 5/8/2017-William Blair Reiterated Rating of Outperform.
  • 11/30/2016-Pacific Crest Reiterated Rating of Overweight.

Recent Insider Trading Activity For BlackLine (NASDAQ:BL)
BlackLine (NASDAQ:BL) has insider ownership of 22.35% and institutional ownership of 79.54%.

  • On 3/14/2018 Chris Murphy, CRO, sold 50,000 with an average share price of $39.60 per share and the total transaction amounting to $1,980,000.00.
  • On 12/7/2017 Mario Spanicciati, Insider, sold 434,783 with an average share price of $34.07 per share and the total transaction amounting to $14,813,056.81.
  • On 12/7/2017 Sumeru (Gp) L.L.C. Slta, Major Shareholder, sold 2,649,698 with an average share price of $34.07 per share and the total transaction amounting to $90,275,210.86.
  • On 12/7/2017 William J.G. Griffith, Director, sold 1,415,519 with an average share price of $34.07 per share and the total transaction amounting to $48,226,732.33.
  • On 12/4/2017 Mario Spanicciati, Insider, sold 12,750 with an average share price of $35.87 per share and the total transaction amounting to $457,342.50.
  • On 11/27/2017 Mario Spanicciati, CMO, sold 12,750 with an average share price of $38.17 per share and the total transaction amounting to $486,667.50.
  • On 11/20/2017 Mario Spanicciati, Insider, sold 12,750 with an average share price of $36.79 per share and the total transaction amounting to $469,072.50.

Recent Trading Activity for BlackLine (NASDAQ:BL)
Shares of BlackLine closed the previous trading session at with 39.290000915527344 shares trading hands.

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