MMSI

MERIT MEDICAL SYSTEMS INC

Nasdaq · Surgical & Medical Instruments & Apparatus · Inc. UT · CIK 0000856982
$63.92 -0.88% $3.8B
Insider Buying Cluster (6 insiders)High Impact Filing (7/10)
Vol
Market Cap$3.8B
Cap SizeMid Cap
Analyst ConsensusStrong Buy (83%)
Inst. Holders9 funds
Inst. Value$1.1B
Inst. Activity2 buys / 0 sells
Insider Activity5B / 1S
Insider Net $$260.3K
Reddit Sentiment60° Warm
SEC Reports6
Exchange Nasdaq·Sector Surgical & Medical Instruments & Apparatus·Inc. UT·CIK 0000856982·Prev Close $64.49

Recent Activity

May 20, 2026 Insider
Gunderson Thomas J. sold 13,750 shares
Director @ $0.00 ($0.00)
May 20, 2026 Insider
Gunderson Thomas J. sold 13,750 shares
Director @ $52.17 ($717.3K)
May 19, 2026 routine
Merit Medical Shareholders Elect Scott R. Ward to Board of Directors
<p>SOUTH JORDAN, Utah, May 19, 2026 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI)
May 18, 2026 Insider
Millner F. Ann Ed.D. sold 3,457 shares
Director @ $0.00 ($0.00)
May 13, 2026 SEC
Six MMSI insiders traded in a cluster from May 4-11, 2026, with five executives (including the CEO, CFO, and Chief Legal
CLUSTER — Impact 3/10
May 11, 2026 SEC
Four top executives at Merit Medical Systems, including the CEO, CFO, and Chief Legal Officer, collectively purchased $4
CLUSTER — Impact 6/10
Apr 30, 2026 SEC
Merit Medical reported Q1 2026 EPS of $0.94 (non-GAAP, the Street convention), beating the $0.83 consensus by 13.3%, and
PRESS-RELEASE — Impact 7/10
Inst.
NORGES BANK — NEW
861,781 shares ($76.0M)

Price Targets

$90.64 +41.8% upside Strong Buy
Current $63.93 Low $74.00 Median $85.00 High $122.00 11 analysts
$74.00 $122.00

Analyst Ratings

Strong Buy83% buy · 18 analysts
7Strong Buy
8Buy
3Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 1, 2026 Canaccord Genuity MAINTAIN Buy → Buy
May 1, 2026 JP Morgan MAINTAIN Overweight → Overweight
May 1, 2026 Wells Fargo MAINTAIN Equal-Weight → Equal-Weight
May 1, 2026 Needham MAINTAIN Buy → Buy
Apr 20, 2026 Barrington Research MAINTAIN Outperform → Outperform

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.96 ▼ -8.7% $0.94 — $0.98 -5% YoY 10
Next Q $1.02 ▼ -0.8% $0.98 — $1.05 11% YoY 10
Current FY $4.07 ▲ +1.6% $4.03 — $4.13 6% YoY 8
Next FY $4.40 $4.25 — $4.58 8% YoY 9

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$580.1M
FMR LLC$156.1MTRIM
MORGAN STANLEY$100.5M
NORGES BANK$76.0MNEW
BANK OF AMERICA CORP$64.6M

Recent Insider Trades

DateInsiderTypeValue
May 20, 2026Gunderson ThomasM$0.00
May 20, 2026Gunderson ThomasM$717.3K
May 18, 2026Millner F.A$0.00
May 18, 2026McDonnell MichaelA$0.00
May 18, 2026Carpenter LonnyA$0.00

Reddit Sentiment

60°
Warm
Bearish Neutral Bullish
1 mentions 1 bullish 0 bearish
9 institutional holders with $1.1B total value (12,796,509 shares) as of 2025-Q4. Top holders: VANGUARD, FMR, MORGAN. Net buying activity: 2 institutions added/increased vs 0 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC6,582,018$580.1M51.4%
2FMR LLC1,771,579$156.1M13.8%TRIM -36.2%
3MORGAN STANLEY1,140,390$100.5M8.9%
4NORGES BANK861,781$76.0M6.7%NEW
5BANK OF AMERICA CORP /DE/733,166$64.6M5.7%
6CHARLES SCHWAB INVESTMENT MANAGEMENT INC672,222$59.2M5.3%NEW
7WELLS FARGO & COMPANY/MN529,401$46.7M4.1%
8TWO SIGMA INVESTMENTS, LP379,740$33.5M3.0%TRIM -49.2%
9RENAISSANCE TECHNOLOGIES LLC126,212$11.1M1.0%ADD +68.5%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
NORGES BANKNEW861,781$76.0M2025-Q4
RENAISSANCE TECHNOLOGIES LLCADD74,912126,212+68.5%$11.1M2025-Q4
FMR LLCTRIM2,541,2181,620,839-36.2%$134.9M2025-Q3
TWO SIGMA INVESTMENTS, LPTRIM673,214341,779-49.2%$28.4M2025-Q3
RENAISSANCE TECHNOLOGIES LLCTRIM170,91274,912-56.2%$6.2M2025-Q3
NORGES BANKEXIT574,4220-100.0%$0.002025-Q3
NORGES BANKNEW574,422$53.7M2025-Q2
CITADEL ADVISORS LLCADD711,386956,147+34.4%$101.1M2025-Q1
TWO SIGMA INVESTMENTS, LPADD278,841546,570+96.0%$57.8M2025-Q1
RENAISSANCE TECHNOLOGIES LLCADD108,712166,612+53.3%$17.6M2025-Q1
NORGES BANKEXIT688,9830-100.0%$0.002025-Q1
UBS Group AGADD1,033,0441,417,352+37.2%$137.1M2024-Q4
CITADEL ADVISORS LLCDOUBLED72,712711,386+878.4%$68.8M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW727,340$71.9M2024-Q3
15 unique insiders with 6 transactions. Net insider value: $260.3K ($573.3K bought, $313.0K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 20, 2026Gunderson Thomas J.DirectorM13,750$0.00$0.00
May 20, 2026Gunderson Thomas J.DirectorM13,750$52.17$717.3K
May 18, 2026Millner F. Ann Ed.D.DirectorA3,457$0.00$0.00
May 18, 2026McDonnell Michael R.DirectorA3,457$0.00$0.00
May 18, 2026Carpenter Lonny J.DirectorA3,457$0.00$0.00
May 18, 2026Perez Silvia M.DirectorA3,457$0.00$0.00
May 18, 2026Kaiser Laura S.DirectorA3,457$0.00$0.00
May 18, 2026Evans Stephen C.DirectorA3,457$0.00$0.00
May 18, 2026Gunderson Thomas J.DirectorA3,457$0.00$0.00
May 18, 2026Ward Scott R.DirectorA3,457$0.00$0.00
May 18, 2026Ward Lynne N.DirectorA3,457$0.00$0.00
May 11, 2026Smith Christian AdamChief Commercial OfficerBUY1,626$61.00$99.2K
May 7, 2026Ward Lynne N.DirectorSELL5,000$62.61$313.0K
May 7, 2026Lloyd Brian G.CHIEF LEGAL OFFICER, SECRETARYBUY2,000$62.63$125.3K
May 6, 2026Parra Raul Jr.CFO AND TREASURERBUY1,500$61.01$91.5K
May 6, 2026Aronson Martha GoldbergPresident and CEOBUY2,000$60.44$120.9K
May 5, 2026Voigt Michel J.CHIEF HUMAN RESOURCES OFFICERBUY2,250$60.65$136.5K
Feb 26, 2026Smith Christian AdamChief Commercial OfficerA8,203$0.00$0.00
Feb 26, 2026Lloyd Brian G.CHIEF LEGAL OFFICER, SECRETARYA10,254$0.00$0.00
Feb 26, 2026Peterson Neil W.CHIEF OPERATING OFFICERA7,690$0.00$0.00
Feb 26, 2026Voigt Michel J.CHIEF HUMAN RESOURCES OFFICERA7,690$0.00$0.00
Feb 26, 2026Aronson Martha GoldbergPresident and CEOA28,198$0.00$0.00
Feb 26, 2026Parra Raul Jr.CFO AND TREASURERA12,305$0.00$0.00

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Buy (83% buy). Based on 18 analysts: 7 strong buy, 8 buy, 3 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$90.64 mean target +41.8% upside Strong Buy (1.82)
$74.00 Low $122.00 High
MetricValue
Current Price$63.93
Target Low$74.00
Target Mean$90.64
Target Median$85.00
Target High$122.00
# Analysts11
RecommendationStrong Buy (1.82)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.96 $0.94 $0.98 -4.9% -8.7% 0↑ 1↓ $0.4B 6.0% 10
Next Q
2026-09-30
$1.02 $0.98 $1.05 11.3% -0.8% 0↑ 1↓ $0.4B 6.4% 10
Current FY
2026-12-31
$4.07 $4.03 $4.13 6.3% +1.6% 1↑ 0↓ $1.6B 6.9% 8
Next FY
2027-12-31
$4.40 $4.25 $4.58 8.2% +0.3% 1↑ 0↓ $1.7B 6.0% 9

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.961
7d ago$0.961
30d ago$1.052-0.092
60d ago$1.069-0.109
90d ago$1.061-0.101
7 analyst firms have rated this stock: 0 upgrades, 1 downgrades, 1 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 1, 2026 Canaccord Genuity MAINTAIN Buy Buy
May 1, 2026 JP Morgan MAINTAIN Overweight Overweight
May 1, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
May 1, 2026 Needham MAINTAIN Buy Buy
Apr 20, 2026 Barrington Research MAINTAIN Outperform Outperform
Apr 17, 2026 Piper Sandler MAINTAIN Overweight Overweight
Apr 7, 2026 Canaccord Genuity MAINTAIN Buy Buy
Apr 1, 2026 Needham REITERATE Buy Buy
Feb 26, 2026 Wells Fargo DOWNGRADE Overweight Equal-Weight
Feb 25, 2026 Barrington Research MAINTAIN Outperform Outperform
Feb 25, 2026 Needham MAINTAIN Buy Buy
Feb 18, 2026 Piper Sandler MAINTAIN Overweight Overweight
Feb 6, 2026 BTIG INITIATE Buy
Jan 9, 2026 Needham REITERATE Buy Buy
Dec 17, 2025 Canaccord Genuity MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
May 1, 20267830083%
Apr 1, 20267830083%
Mar 1, 20267830083%
Feb 1, 20266920088%
Jan 1, 20266920088%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

60°
Warm
Bearish Neutral Bullish
1 mentions 1 bullish 0 bearish 1 time period

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
May 15, 2026160° Warm101

Recent Reddit Threads

r/pennystocks Bullish 6d 8h ago
MMSI is trading ~4% above its 52-week low despite four consecutive earnings beats.
▲ 1 💬 0 ⚡ 0.5
May 19, 2026
routine
Merit Medical Shareholders Elect Scott R. Ward to Board of Directors
<p>SOUTH JORDAN, Utah, May 19, 2026 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of he
May 8, 2026
other
Merit Medical to Participate in the Bank of America Healthcare Conference
<p align="justify">SOUTH JORDAN, Utah, May 08, 2026 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer an
May 6, 2026
short_volume
Short Volume: MMSI — 58.8% short (0.4M / 0.6M)
Short: 359,619 | Exempt: 0 | TRF Vol: 611,968 | Short Ratio: 58.8% | Off-exchange volume (dark pool + OTC)
Apr 30, 2026
earnings
Merit Medical Reports First Quarter 2026 Results and Updates Full-Year Guidance
<p><strong>Financial Highlights†</strong></p>
Apr 30, 2026
earnings_calendar
MMSI Q1 2026 Earnings After Market Close — 2026-04-30
Apr 16, 2026
Enforcement
Khan v. Merit Medical Systems, Inc.
Court ruling from Court of Appeals for the Federal Circuit. Docket: 26-1334
Apr 2, 2026
earnings
Merit Medical Systems to Announce First Quarter 2026 Results on April 30, 2026
<p align="justify">SOUTH JORDAN, Utah, April 02, 2026 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare
Apr 1, 2026
m_and_a
Merit Medical Acquires View Point Medical, Inc., expanding the Merit Therapeutic Oncology Portfolio
<p>SOUTH JORDAN, Utah, April 01, 2026 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, toda
Mar 16, 2026
other
Merit Medical Launches the Resilience Through-the-Scope Esophageal Stent
New Resilience™ deployment system, anti-migration stent design, and unique stent sizes offer physicians control while enhancing treatment for patients
Mar 13, 2026
short_interest
FTD: MMSI — 31,330 shares ($2.1M) failed to deliver
Settlement: 20260313, Price: $68.17, FTD Value: $2,135,766.1, MERIT MEDICAL SYSTEMS INC
Feb 24, 2026
earnings_calendar
MMSI Q4 2025 Earnings After Market Close — 2026-02-24
Feb 19, 2026
short_interest
FTD: MMSI — 28,327 shares ($2.4M) failed to deliver
Settlement: 20260219, Price: $82.98, FTD Value: $2,350,574.46, MERIT MEDICAL SYSTEMS INC