Ananym Capital Management LP Has $23.50 Million Stock Holdings in BlackLine $BL

Ananym Capital Management LP grew its position in BlackLine (NASDAQ:BL) by 37.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 442,511 shares of the technology company’s stock after buying an additional 120,590 shares during the quarter. BlackLine accounts for 9.0% of Ananym Capital Management LP’s holdings, making the stock its 5th largest holding. Ananym Capital Management LP’s holdings in BlackLine were worth $23,497,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in BL. Schonfeld Strategic Advisors LLC raised its holdings in shares of BlackLine by 54.3% in the third quarter. Schonfeld Strategic Advisors LLC now owns 17,719 shares of the technology company’s stock valued at $941,000 after acquiring an additional 6,239 shares in the last quarter. California State Teachers Retirement System grew its holdings in BlackLine by 4.3% during the 3rd quarter. California State Teachers Retirement System now owns 50,958 shares of the technology company’s stock worth $2,706,000 after acquiring an additional 2,083 shares in the last quarter. Balyasny Asset Management L.P. grew its holdings in BlackLine by 720.9% during the 3rd quarter. Balyasny Asset Management L.P. now owns 191,695 shares of the technology company’s stock worth $10,179,000 after acquiring an additional 168,344 shares in the last quarter. Keebeck Wealth Management increased its position in BlackLine by 14.2% during the 3rd quarter. Keebeck Wealth Management now owns 8,387 shares of the technology company’s stock valued at $445,000 after purchasing an additional 1,046 shares during the period. Finally, iSAM Funds UK Ltd purchased a new position in BlackLine during the 3rd quarter valued at about $345,000. Institutional investors own 95.13% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on BL. Citizens Jmp reaffirmed a “market outperform” rating and issued a $70.00 price target on shares of BlackLine in a research report on Wednesday, February 11th. Piper Sandler raised shares of BlackLine to a “hold” rating in a research note on Monday, February 2nd. Wall Street Zen upgraded BlackLine from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Robert W. Baird set a $50.00 target price on BlackLine in a research report on Wednesday, February 11th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $62.00 price target on shares of BlackLine in a report on Wednesday, February 11th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, BlackLine currently has a consensus rating of “Hold” and an average price target of $56.00.

BlackLine Stock Performance

Shares of BlackLine stock opened at $36.88 on Friday. The firm has a market capitalization of $2.20 billion, a P/E ratio of 92.20, a PEG ratio of 2.67 and a beta of 0.90. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 2.00. The company has a 50 day moving average price of $44.26 and a 200 day moving average price of $51.13. BlackLine has a 52 week low of $31.75 and a 52 week high of $59.57.

BlackLine (NASDAQ:BL) last released its earnings results on Tuesday, February 10th. The technology company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.05. BlackLine had a net margin of 3.50% and a return on equity of 18.14%. The company had revenue of $183.18 million during the quarter, compared to analysts’ expectations of $182.98 million. During the same period last year, the business earned $0.47 EPS. BlackLine’s revenue for the quarter was up 8.1% on a year-over-year basis. BlackLine has set its Q1 2026 guidance at 0.440-0.460 EPS and its FY 2026 guidance at 2.370-2.480 EPS. Sell-side analysts expect that BlackLine will post 0.9 EPS for the current year.

BlackLine Company Profile

BlackLine, Inc is a leading provider of cloud-based software solutions designed to automate and modernize the finance and accounting function. The company’s flagship offering, the BlackLine Finance Controls and Automation Platform, enables organizations to streamline critical processes such as account reconciliations, journal entry management, intercompany accounting, and transaction matching. By delivering a centralized, real-time view of financial data, BlackLine helps companies improve operational efficiency, enhance compliance and strengthen internal controls.

Key products and services within the BlackLine platform include Account Reconciliation, Task Management, Transaction Matching, Journal Entry, and Intercompany Hub.