BlackLine Stock Down Nearly 30% as One Fund Cuts Stake by $10 Million

BlackLine (NASDAQ:BL) saw Ananym Capital Management report a sale of 189,029 shares in its latest SEC filing dated February 17, 2026, an estimated $10.41 million trade based on quarterly average pricing. What happened According to an SEC filing dated February 17, 2026, Ananym Capital Management reduced its position in BlackLine by 189,029 shares in the fourth quarter of 2025. The estimated transaction value was $10.41 million, based on the average closing price over the quarter. At quarter end, the positi ...