BlackLine Lead Independent Director Acquires 384% More Stock

Potential BlackLine, Inc. (NASDAQ:BL) shareholders may wish to note that the Lead Independent Director, David Henshall, recently bought US$486k worth of stock, paying US$48.60 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 384%, potentially signalling some real optimism.

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The Last 12 Months Of Insider Transactions At BlackLine

Notably, that recent purchase by David Henshall is the biggest insider purchase of BlackLine shares that we've seen in the last year. That implies that an insider found the current price of US$49.34 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider bought shares at close to current prices. David Henshall was the only individual insider to buy during the last year.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for BlackLine NasdaqGS:BL Insider Trading Volume August 13th 2025

BlackLine is not the only stock insiders are buying. So take a peek at this freelist of under-the-radar companies with insider buying.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. BlackLine insiders own about US$240m worth of shares (which is 7.9% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About BlackLine Insiders?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest BlackLine insiders are well aligned, and quite possibly think the share price is too low. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing BlackLine. Every company has risks, and we've spotted 1 warning sign for BlackLine you should know about.

Story Continues

But note: BlackLine may not be the best stock to buy. So take a peek at this freelist of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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