MeridianLink Inc (NYSE: MLNK) is -7.83% lower on its value in year-to-date trading and has touched a low of $14.89 and a high of $25.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MLNK stock was last observed hovering at around $22.68 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $22.83, the stock is 3.45% and 2.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.66% at the moment leaves the stock 11.80% off its SMA200. MLNK registered 29.42% gain for a year compared to 6-month gain of 20.60%.
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The stock witnessed a -1.13% loss in the last 1 month and extending the period to 3 months gives it a 22.94%, and is -0.04% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.79% over the week and 2.43% over the month.
MeridianLink Inc (MLNK) has around 676 employees, a market worth around $1.73B and $307.56M in sales. Fwd P/E is 53.09. Profit margin for the company is -15.16%. Distance from 52-week low is 53.32% and -11.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.14%).
The EPS is expected to grow by 243.46% this year.
MeridianLink Inc (MLNK) Top Institutional Holders
153.0 institutions hold shares in MeridianLink Inc (MLNK), with institutional investors hold 100.50% of the company’s shares. The shares outstanding are 78.45M, and float is at 22.06M with Short Float at 5.69%. Institutions hold 78.82% of the Float.
The top institutional shareholder in the company is THOMA BRAVO, L.P. with over 35.58 million shares valued at $760.04 million. The investor’s holdings represent 46.0107% of the MLNK Shares outstanding. As of 2024-06-30, the second largest holder is DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP with 5.27 million shares valued at $$112.51 million to account for 6.8109 of the shares outstanding. The other top investors are KEENAN CAPITAL, LLC which holds 2.73 million shares representing 3.5262% and valued at over $58.25 million, while VANGUARD GROUP INC holds 3.1293 of the shares totaling 2.42 million with a market value of $51.69 million.
MeridianLink Inc (MLNK) Insider Activity
The most recent transaction is an insider sale by Maloof Chris,the company’sPresident, Go To Market. SEC filings show that Maloof Chris sold 87,456 shares of the company’s common stock on Aug 15 ’24 at a price of $21.60 per share for a total of $1.89 million. Following the sale, the insider now owns 0.33 million shares.
Still, SEC filings show that on Aug 13 ’24, Timothy Nguyen (Owner) Proposed Sale 10,000 shares at an average price of $20.98 for $0.21 million. The insider now directly holds shares of MeridianLink Inc (MLNK).
