10% Owner Nguyen sells 48,104 shares over 2 days for $1.1M at $23.33 avg; stock now $22.87 (-11.2% from high)
Nguyen Timothy, a 10% owner, executed 2 separate sales totaling 48,104 shares for $1,122,293.91 on 2024-12-03 and 2024-12-04, representing a -0.5% reduction of his pre-transaction holdings. The blended average sale price was $23.33, slightly above the current price of $22.87, though the stock remains -11.2% from its 52-week high of $25.75. At the company level, MeridianLink reported $80,369,000 in latest-quarter revenue with a net loss of $7,051,000 and remains unprofitable on a full-year basis. His cross-ticker track record shows a 90-day well-timed sell rate of 100.00%, though at MLNK specifically, only 1 of 1 prior measurable sells (from 2024-02-09) was well-timed at the 90-day mark. The most recent prior MLNK sells from November have outcome data not yet available. This transaction maintains his substantial holdings at 10.64M shares while occurring in a period of recent elevated selling activity on the same ticker.