Analyst Ratings For Blackline Inc (NASDAQ:BL)
Today, KeyCorp reiterated its Overweight rating on Blackline Inc (NASDAQ:BL) with a price target of $65.00.
There are 3 Buy Ratings, 1 Sell Ratings, 1 Hold Ratings, no Strong Buy Ratings on the stock.
The current consensus rating on Blackline Inc (NASDAQ:BL) is Hold with a consensus target price of $44.25 per share, a potential 19.15% downside.
Some recent analyst ratings include
- 9/18/2018-Blackline Inc (NASDAQ:BL) had its Overweight rating reiterated by KeyCorp with a $65.00 price target
- 3/19/2018-Blackline Inc (NASDAQ:BL) gets downgraded to Hold by SunTrust Banks with a price target of $43.00
- 2/16/2018-Blackline Inc (NASDAQ:BL) had its Buy rating reiterated by Robert W. Baird
- 1/25/2018-Blackline Inc (NASDAQ:BL) gets downgraded to Underweight by JPMorgan Chase & Co. with a price target of $27.00
- 11/16/2017-Blackline Inc (NASDAQ:BL) gets upgraded to Outperform by JMP Securities
- 5/8/2017-Blackline Inc (NASDAQ:BL) had its Outperform rating reiterated by William Blair
- 11/30/2016-Blackline Inc (NASDAQ:BL) had its Overweight rating reiterated by Pacific Crest with a $31.00 price target
Recent Insider Trading Activity For Blackline Inc (NASDAQ:BL)
Blackline Inc (NASDAQ:BL) has insider ownership of 18.60% and institutional ownership of 82.88%.
- On 8/20/2018 Therese Tucker, CEO, sold 24,308 with an average share price of $47.17 per share and the total transaction amounting to $1,146,608.36.
- On 8/16/2018 Therese Tucker, CEO, sold 15,636 with an average share price of $47.04 per share and the total transaction amounting to $735,517.44.
- On 8/13/2018 Therese Tucker, CEO, sold 17,010 with an average share price of $47.59 per share and the total transaction amounting to $809,505.90.
- On 8/10/2018 Mark Partin, CFO, sold 43,547 with an average share price of $47.68 per share and the total transaction amounting to $2,076,320.96.
- On 8/10/2018 Morgan Karole Prager, Insider, sold 35,628 with an average share price of $47.68 per share and the total transaction amounting to $1,698,743.04.
- On 8/10/2018 Therese Tucker, CEO, sold 100,000 with an average share price of $47.72 per share and the total transaction amounting to $4,772,000.00.
- On 8/8/2018 Mark Partin, CFO, sold 25,135 with an average share price of $48.91 per share and the total transaction amounting to $1,229,352.85.
About Blackline Inc (NASDAQ:BL)
BlackLine, Inc. provides financial accounting close solutions delivered as a Software as a Service in the United States and internationally. Its solutions enables its customers to address various aspects of their financial closing process, including account reconciliations, variance analysis of account balances, and journal entry capabilities, as well as a range of data matching capabilities. The company's solutions comprise reconciliation management solution that consists of account reconciliations, transaction matching, consolidation integrity manager, and daily reconciliations; and a framework for the reconciliation process, which allows users to build integrity checks and automation into the entire end-to-end work flow. Its solutions also comprise financial close management solution that includes task management, journal entry, and variance analysis; and allows customers to manage the key steps within the close, applying automation where possible, and ensure that tasks are properly completed and reviewed. In addition, the company provides intercompany hub solution comprising intercompany workflow and processing, and netting and settlement, as well as manages the intercompany transaction lifecycle within its platform. Further, it offers a range of key performance indicators that enable clients to compare metrics across their own operating entities, set goals, and gauge their performance over time; and services, such as implementation, support, customer success, and training services. The company sells its platform, primarily through direct sales force to enterprises, mid-market companies, and multinational corporations. BlackLine, Inc. has a strategic alliance with Ernst & Young LLP to expand process automation capabilities and finance transformation services. The company was founded in 2001 and is headquartered in Los Angeles, California.
Recent Trading Activity for Blackline Inc (NASDAQ:BL)
Shares of Blackline Inc closed the previous trading session at 54.73 −1.86 3.29% with 54.45 shares trading hands.