1 week Ago By Defense World Staff
Corebridge Financial Inc. raised its position in MeridianLink, Inc. ( NYSE:MLNK – Free Report ) by 12.
8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,260 shares of the company’s stock after acquiring an additional 1,839 shares during the period. Corebridge Financial Inc.
’s holdings in MeridianLink were worth $336,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors and hedge funds have also bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in shares of MeridianLink during the 4th quarter valued at $65,000.
KLP Kapitalforvaltning AS acquired a new position in MeridianLink during the 4th quarter valued at about $124,000. Proficio Capital Partners LLC purchased a new stake in MeridianLink in the fourth quarter valued at about $234,000. Counterpoint Mutual Funds LLC acquired a new stake in MeridianLink in the fourth quarter worth about $384,000.
Finally, AlphaQuest LLC purchased a new stake in shares of MeridianLink during the fourth quarter worth about $421,000. 82.65% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades Several equities analysts recently commented on the stock. Citigroup decreased their price objective on shares of MeridianLink from $24.00 to $20.
00 and set a “neutral” rating for the company in a research report on Friday, March 7th. William Blair reiterated an “outperform” rating on shares of MeridianLink in a research note on Friday, March 7th. Bank of America lowered shares of MeridianLink from a “buy” rating to an “underperform” rating and dropped their price objective for the company from $28.
00 to $18.00 in a report on Thursday, January 30th. Barclays reduced their target price on MeridianLink from $20.
00 to $19.00 and set an “underweight” rating for the company in a research note on Friday, March 7th. Finally, UBS Group dropped their price target on MeridianLink from $25.
50 to $20.50 and set a “neutral” rating on the stock in a research note on Tuesday, March 4th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock.
According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $20.58. MeridianLink Trading Down 2.
4 % Shares of MeridianLink stock opened at $16.60 on Friday. The stock has a market cap of $1.
27 billion, a PE ratio of -24.77 and a beta of 0.96.
The firm has a fifty day moving average price of $18.66 and a 200 day moving average price of $20.48.
MeridianLink, Inc. has a 1 year low of $15.57 and a 1 year high of $25.
33. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.
86 and a quick ratio of 1.86. About MeridianLink ( Free Report ) 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. Featured Articles Five stocks we like better than MeridianLink Golden Cross Stocks: Pattern, Examples and Charts Joby Aviation: Operational Momentum vs. Market Sentiment Expert Stock Trading Psychology Tips Broadcom’s Big Outperformance Shows Strength Amid Tariff Decline Dividend Screener: How to Evaluate Dividend Stocks Before Buying Carvana: Can Turnaround Strength Outdrive Market Headwinds? Receive News & Ratings for MeridianLink Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MeridianLink and related companies with MarketBeat.
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