MeridianLink Inc (NYSE: MLNK) is -19.78% lower on its value in year-to-date trading and has touched a low of $15.49 and a high of $25.33 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 $16.84 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $17.12, the stock is 3.05% and 2.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 1.66% at the moment leaves the stock -12.40% off its SMA200. MLNK registered -17.09% loss for a year compared to 6-month loss of -17.29%. The firm has a 50-day simple moving average (SMA 50) of $16.6948 and a 200-day simple moving average (SMA200) of $19.5443.
The stock witnessed a 3.13% gain in the last 1 month and extending the period to 3 months gives it a -6.50%, and is 5.29% up 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 3.51% over the week and 3.58% over the month.
MeridianLink Inc (MLNK) has around 682 employees, a market worth around $1.32B and $319.97M in sales. Fwd P/E is 38.91. Profit margin for the company is -9.11%. Distance from 52-week low is 10.52% and -32.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.25%).
The EPS is expected to grow by 53.62% this year
177.0 institutions hold shares in MeridianLink Inc (MLNK), with institutional investors hold 98.27% of the company’s shares. The shares outstanding are 76.66M, and float is at 30.40M with Short Float at 5.13%. Institutions hold 79.44% 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 Vlok Nicolaas, the company’s Chief Executive Officer. SEC filings show that Vlok Nicolaas sold 71,644 shares of the company’s common stock on Dec 18 ’24 at a price of $21.99 per share for a total of $1.58 million. Following the sale, the insider now owns 1.04 million shares.
MeridianLink Inc disclosed in a document filed with the SEC on Dec 19 ’24 that Vlok Nicolaas (Chief Executive Officer) sold a total of 71,598 shares of the company’s common stock. The trade occurred on Dec 19 ’24 and was made at $21.17 per share for $1.52 million. Following the transaction, the insider now directly holds 1.04 million shares of the MLNK stock.
Still, SEC filings show that on Dec 20 ’24, Vlok Nicolaas (Chief Executive Officer) disposed off 1,233 shares at an average price of $21.09 for $26007.0. The insider now directly holds 1,043,382 shares of MeridianLink Inc (MLNK).
