Fintel reports that on April 23, 2025, Piper Sandler upgraded their outlook for BlackLine (BIT:1BL) from Underweight to Neutral.
What is the Fund Sentiment?
There are 628 funds or institutions reporting positions in BlackLine. This is an increase of 25 owner(s) or 4.15% in the last quarter. Average portfolio weight of all funds dedicated to 1BL is 0.28%, an increase of 25.84%. Total shares owned by institutions increased in the last three months by 4.42% to 78,353K shares.
What are Other Shareholders Doing?
Clearlake Capital Group holds 5,712K shares representing 8.67% ownership of the company. No change in the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 3,347K shares representing 5.08% ownership of the company. In its prior filing, the firm reported owning 3,279K shares , representing an increase of 2.02%. The firm increased its portfolio allocation in 1BL by 10.66% over the last quarter.
FSCSX - Software and IT Services Portfolio holds 2,274K shares representing 3.45% ownership of the company. No change in the last quarter.
Conestoga Capital Advisors holds 2,111K shares representing 3.20% ownership of the company. In its prior filing, the firm reported owning 2,114K shares , representing a decrease of 0.15%. The firm decreased its portfolio allocation in 1BL by 9.44% over the last quarter.
ICONIQ Capital holds 2,087K shares representing 3.17% ownership of the company. No change in the last quarter.
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