Several brokerages have updated their recommendations and price targets on shares of MeridianLink (NYSE: MLNK) in the last few weeks:
- 3/7/2025 – MeridianLink had its price target lowered by analysts at Barclays PLC from $20.00 to $19.00. They now have an “underweight” rating on the stock.
- 3/7/2025 – MeridianLink had its “outperform” rating reaffirmed by analysts at William Blair.
- 3/7/2025 – MeridianLink had its price target lowered by analysts at Raymond James from $28.00 to $24.00. They now have an “outperform” rating on the stock.
- 3/7/2025 – MeridianLink had its price target lowered by analysts at Citigroup Inc. from $24.00 to $20.00. They now have a “neutral” rating on the stock.
- 3/4/2025 – MeridianLink had its price target lowered by analysts at UBS Group AG from $25.50 to $20.50. They now have a “neutral” rating on the stock.
- 1/30/2025 – MeridianLink was downgraded by analysts at Bank of America Co. from a “buy” rating to an “underperform” rating. They now have a $18.00 price target on the stock, down previously from $28.00.
MeridianLink Price Performance
Shares of NYSE MLNK traded up $0.37 during mid-day trading on Wednesday, reaching $19.53. 323,299 shares of the company were exchanged, compared to its average volume of 264,248. The stock has a market capitalization of $1.47 billion, a PE ratio of -29.14 and a beta of 1.01. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 1.11. MeridianLink, Inc. has a 52 week low of $16.49 and a 52 week high of $25.33. The company’s 50 day moving average price is $19.29 and its 200 day moving average price is $21.15.
Insiders Place Their Bets
In other news, CEO Nicolaas Vlok sold 71,598 shares of the firm’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $21.17, for a total transaction of $1,515,729.66. Following the transaction, the chief executive officer now directly owns 1,043,382 shares of the company’s stock, valued at approximately $22,088,396.94. This trade represents a 6.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 21.30% of the company’s stock.
Institutional Investors Weigh In On MeridianLink
MeridianLink, Inc, a software and services company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States. The company offers MeridianLink One, a multi-product platform that can be tailored to meet the needs of customers as they digitally transform their organizations and adapt to changing business and consumer demands; MeridianLink Portal, a Point of Sale system that allows financial institutions to expand existing lending and deposit account; MeridianLink Opening, a cloud-based online account opening and deposit software solution; MeridianLink Consumer, a full loan solution suite to banks and credit unions; and MeridianLink DecisionLender, a loan origination software (LOS) for finance companies.
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