undamentalytics Newsletter

Blackline, Inc. insider trading

Every open-market purchase and sale by Blackline, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

No insider has bought shares on the open market in five years.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
Blackline, Inc. insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following Blackline, Inc.’s insiders pay?

From June 2, 2017 to August 28, 2026, 18 insiders reported 5 open-market purchases and 49 sales not made under a pre-set plan in Blackline, Inc. Twelve months after each purchase was reported, the shares were −9.0% against the S&P 500 on average (median 0.0%), over 5 purchases with a full year of prices; 60% beat the index. After sales, the shares moved +14.7% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on February 15, 2022 into $6,491 by November 2, 2026, −8.8% a year. It held shares 65% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $14,341 (+8.0% a year), and held throughout $18,067 (+13.4%).

$0$10.0k$20.0k 20222023202420252026 $18.1k$14.3k$6.5k
Copying Blackline, Inc.'s insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by Blackline, Inc.'s insiders from February 15, 2022, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 65% of the time.
Blackline, Inc.: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Spanicciati Mario Chief Strategy Officer 0 — — 12 +49.5% (12) May 6, 2020
Tucker Therese Chief Executive Officer 0 — — 12 +8.6% (11) August 26, 2026
Stalick Michelle D Chief Accounting Officer 0 — — 6 −70.2% (3) August 28, 2026
Ryan Owen CO-CEO 3 +2.6% (3) 67% 0 — June 12, 2024
Unterman Thomas Director 0 — — 3 +18.0% (3) February 26, 2021
Yamamoto Mika Director 0 — — 3 −24.5% (2) June 8, 2026
Griffith William J.G. Director 0 — — 2 +14.6% (2) March 19, 2018
Shah Ajay 10% owner 0 — — 2 +12.1% (2) December 8, 2017
Silver Lake Technology Associates Sumeru, L.P. Director 0 — — 2 +22.6% (2) March 11, 2019
Duan Jimmy C Chief Customer Officer 1 +6.0% (1) 100% 0 — June 3, 2024
Henshall David J Director 1 −58.8% (1) 0% 0 — August 11, 2025
Hirsch Peter Chief Technology Officer 0 — — 1 +68.6% (1) February 24, 2020
Huffman Marc President and COO 0 — — 1 −13.9% (1) November 13, 2020
Murphy Chris Chief Revenue Officer 0 — — 1 +19.2% (1) March 16, 2018
Silver Lake Technology Investors Sumeru, L.P. Director 0 — — 1 +22.8% (1) May 25, 2018
Thompson Kevin B Director 0 — — 1 +22.6% (1) May 13, 2020
Whye Barbara Director 0 — — 1 −17.0% (1) August 14, 2024
Woodhams Mark Chief Revenue Officer 0 — — 1 −36.4% (1) May 18, 2021

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded Blackline, Inc.

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Blackline, Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 1 buying crowd with six months of prices, it averaged +16.3% against the index. After 3 selling crowds, +15.2%. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
August 31, 20263 sellingnot yetnot yetnot yet
June 28, 20242 buying+3.8%+16.3%+2.1%
February 28, 20203 selling+15.4%+16.8%+70.0%
March 29, 20193 selling+11.3%−4.1%+20.3%
December 29, 20174 selling+19.1%+32.8%+28.9%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Total returns from the month end; past patterns are not a forecast.

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