FMR LLC Reduces Stake in BlackLine Inc Amid Portfolio Adjustment

Thursday, Aug 14, 2025 6:39 pm ET1min read

FMR LLC has reduced its stake in BlackLine Inc by 25.61%, decreasing its holdings by 925,693 shares to 2,688,553 shares. Despite the reduction, BlackLine continues to make up 0.01% of FMR LLC's portfolio. BlackLine provides financial accounting solutions and has a market capitalization of $3.16 billion. The company has demonstrated impressive earnings growth of 55.50% over the past three years and is well-positioned for future growth with a Growth Rank of 8/10 and a GF Value Rank of 8/10.

FMR LLC, a prominent investment management firm, has reduced its stake in BlackLine Inc. by 25.61%, decreasing its holdings by 925,693 shares to 2,688,553 shares [1]. Despite the reduction, BlackLine continues to make up 0.01% of FMR LLC's portfolio. BlackLine, a financial accounting solutions provider, has a market capitalization of $3.16 billion.

Over the past three years, BlackLine has demonstrated impressive earnings growth of 55.50%. The company is well-positioned for future growth, as indicated by its Growth Rank of 8/10 and GF Value Rank of 8/10 [2]. These rankings suggest that BlackLine's growth prospects are strong, and its financial health is robust.

The reduction in FMR LLC's stake in BlackLine Inc. is part of the broader trend of institutional investors adjusting their portfolios based on market conditions and strategic considerations. While the reduction in holdings may suggest a cautious approach, it does not diminish the overall potential of BlackLine as a growth-oriented investment.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-wealthplan-investment-management-llc-has-4-million-stock-holdings-in-blackstone-inc-nysebx-2025-08-07/
[2] https://www.benzinga.com/trading-ideas/movers/25/08/47133221/netflix-rides-global-growth-wave-as-squid-game-3-stranger-things-5-boost-subscribers

FMR LLC Reduces Stake in BlackLine Inc Amid Portfolio Adjustment

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