Potrero Capital Research sold 794,400 shares of TransAlta (TAC) in Q4 2025, valued at approximately $11.86 million, reducing its stake to 7.34% of fund assets. Despite the trimming, TransAlta shares have surged 29% over the past year, outperforming the S&P 500. The sale appears to be risk management following strong outperformance rather than a bearish signal, as the fund maintains TAC as a top holding alongside other major positions.

Potrero Capital Research established a new position in BlackLine by acquiring 370,557 shares worth $20.49 million, making it the fund's third-largest holding at 6.9% of AUM. Despite shares being down 27.6% over the past year, the investment signals confidence in BlackLine's turnaround potential, supported by strong margin expansion, growing backlog, and positive 2026 guidance.

BlackLine confirmed that activist investor Engaged Capital has nominated three director candidates for election to the board at the 2026 Annual Meeting. The company noted it has maintained an independent strategic committee and has had seven discussions with Engaged Capital over the past 12 months. Board member Tom Unterman will not seek reelection, resulting in the board size reducing from 12 to 11 directors, with three Class I seats up for election.

OneStream Inc (NASDAQ:OS) announced it will be taken private by Hg Capital at $24 per share. Analysts view the deal as fairly valued with limited upside, noting that majority shareholder KKR was seeking an exit. The acquisition is unlikely to receive a higher bid. Competitors BlackLine and Workiva saw stock gains following the announcement.

BlackLine, Inc. has acquired WiseLayer, a New York-based AI company specializing in automating complex finance and accounting processes. The acquisition aims to enhance BlackLine's Verity suite with AI-powered agents to improve workflow automation and strategic financial operations.

Scalar Gauge Management sold its entire $10.6 million stake in Five9 during Q3 2025, signaling a strategic pullback from cloud software investments amid compressed enterprise valuations.

Scalar Gauge Management acquired 27,000 shares of SiTime Corporation, representing an $8.14 million investment in a semiconductor company specializing in silicon timing systems for various electronic devices.

The 2025 BayAreaCIO ORBIE Awards honored technology executives from multiple companies, recognizing their leadership and innovation across seven award categories at a ceremony in San Jose, California.

The article highlights three growth stocks - Garmin, BlackLine, and Dutch Bros - that demonstrate strong financial performance, innovative products, and potential for future expansion in their respective markets.

Goldman Sachs analyst sees better-than-feared Q1 results for small- and mid-cap software stocks, with companies offering essential functionality and AI monetization potential as top performers.

BlackLine, Inc. announced the expansion of its presence in Bengaluru, India, strengthening its ability to provide continuous service, accelerate product development, and support customers worldwide. The new 50,000-square-foot office will serve as a hub for engineering, customer success, and operations teams, fostering innovation and operational excellence.

BlackLine, a financial operations platform, has appointed Philippe Omer Decugis as its new Senior Vice President and General Manager for Europe. Decugis brings over 20 years of experience in technology and financial services, and will lead BlackLine's European operations, focusing on growth, innovation, and customer success.