Capstone Investment Advisors LLC Takes $325,000 Position in MeridianLink, Inc. (NYSE:MLNK)

Capstone Investment Advisors LLC acquired a new position in shares of MeridianLink, Inc. (NYSE:MLNKFree Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 17,400 shares of the company’s stock, valued at approximately $325,000.

A number of other large investors also recently bought and sold shares of the stock. SG Americas Securities LLC boosted its stake in shares of MeridianLink by 26.6% in the fourth quarter. SG Americas Securities LLC now owns 7,983 shares of the company’s stock valued at $198,000 after purchasing an additional 1,679 shares during the period. Jump Financial LLC purchased a new position in MeridianLink in the 4th quarter valued at approximately $230,000. Russell Investments Group Ltd. acquired a new position in shares of MeridianLink in the fourth quarter worth $302,000. Swiss National Bank increased its position in shares of MeridianLink by 8.2% during the fourth quarter. Swiss National Bank now owns 47,300 shares of the company’s stock worth $1,172,000 after acquiring an additional 3,600 shares during the period. Finally, Gibson Capital LLC acquired a new stake in shares of MeridianLink in the fourth quarter valued at $2,008,000. Institutional investors and hedge funds own 82.65% of the company’s stock.

MeridianLink Price Performance

MLNK opened at $21.30 on Wednesday. The business has a fifty day moving average price of $19.46 and a 200 day moving average price of $19.84. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.51 and a quick ratio of 1.51. MeridianLink, Inc. has a 12 month low of $14.89 and a 12 month high of $25.88.

MeridianLink (NYSE:MLNKGet Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The firm had revenue of $77.82 million for the quarter, compared to analyst estimates of $76.79 million. MeridianLink had a negative return on equity of 6.72% and a negative net margin of 13.86%. The company’s revenue was up .9% on a year-over-year basis. During the same quarter last year, the firm earned ($0.04) EPS. As a group, sell-side analysts anticipate that MeridianLink, Inc. will post -0.01 earnings per share for the current fiscal year.

MeridianLink Company Profile

(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.

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Institutional Ownership by Quarter for MeridianLink (NYSE:MLNK)

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