Marc Huffman, Chief Executive Officer at BLACKLINE, INC. (BL), sold 48,661 shares at $70.69 ($3.5M) on 2023-02-21, disclosed to the SEC on 2023-02-22.
Seasonal sale ($3.5M) by Chief Executive Officer — this insider has traded BL in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $71.72 | 9,361 | $671K | 19.4% |
| 2 | $70.05 | 2,417 | $169K | 4.9% |
| 3 | $70.05 | 2,417 | $169K | 4.9% |
| 4 | $70.69 | 11,221 | $793K | 23.0% |
| 5 | $70.69 | 11,221 | $793K | 23.0% |
| 6 | $71.48 | 6,012 |
| $430K |
| 12.4% |
| 7 | $71.48 | 6,012 | $430K | 12.4% |
| Total | $71.02 avg | 48,661 | $3.5M | 100% |
| Filing → |
| BL | SELL | 2021-08-24 | $298K | — | Filing → |
| BL | SELL | 2021-05-21 | $750K | — | Filing → |
| BL | SELL | 2021-03-15 | $4.2M | — | Filing → |