Merit Medical Systems (MMSI)

• Market cap: $6.3B
• 1 day: -0.20%
• 5 days: -1.25%
• 1 month: 8.26%
• 3 months: 6.86%
• 6 months: 19.68%
• Year to date: 12.56%
• 1 year: 36.25%
• 5 years: 164.34%
• 10 years: 521.14%
• Sector: Healthcare
• Industry: Surgical & Medical Instruments & Apparatus

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

12,410% more call options, than puts

Call options by funds: $89.1M | Put options by funds: $712K

257% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 23

17% more funds holding

Funds holding: 319 [Q2] → 372 (+53) [Q3]

12% more repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 114

10% more capital invested

Capital invested by funds: $5.34B [Q2] → $5.88B (+$539M) [Q3]

4.35% less ownership

Funds ownership: 106.89% [Q2] → 102.54% (-4.35%) [Q3]

67% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 1 (-2) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $110 2% upside
• Avg. target: $119 10% upside
• High target: $128 18% upside

6 analyst ratings

• positive: 6 100%
• neutral: 0 0%
• negative: 0 0%

Piper Sandler Jason Bednar 44% 1-year accuracy 17 / 39 met price target	7% upside $116	Overweight Reiterated	29 Jan 2025
Barrington Research Michael Petusky 52% 1-year accuracy 37 / 71 met price target	6% upside $115	Outperform Maintained	29 Jan 2025
Canaccord Genuity Jon Young 71% 1-year accuracy 5 / 7 met price target	18% upside $128	Buy Maintained	29 Jan 2025
Needham Mike Matson 54% 1-year accuracy 66 / 123 met price target	13% upside $122	Buy Maintained	29 Jan 2025
Raymond James Jayson Bedford 75% 1-year accuracy 18 / 24 met price target	2% upside $110	Outperform Maintained	31 Dec 2024