Merit Medical Systems, Inc’s recent filing unveils that its CHIEF LEGAL OFFICER, SECRETARY Lloyd Brian G. unloaded Company’s shares for reported $2.49 million on Feb 28 ’25. In the deal valued at $99.50 per share,25,000 shares were sold. As a result of this transaction, Lloyd Brian G. now holds 38,993 shares worth roughly $4.02 million.
Then, Voigt Michel James sold 13,809 shares, generating $1,376,481 in total proceeds. Upon selling the shares at $99.68, the CHIEF HUMAN RESOURCES OFFICER now owns 22,399 shares.
Before that, Parra Raul Jr. sold 12,451 shares. Merit Medical Systems, Inc shares valued at $1,230,283 were divested by the CFO AND TREASURER at a price of $98.81 per share. As a result of the transaction, Parra Raul Jr. now holds 24,201 shares, worth roughly $2.49 million.
Wells Fargo upgraded its Merit Medical Systems, Inc [MMSI] rating to an Overweight from a an Equal weight in a research note published on December 11, 2024; the price target was increased to $120 from $103. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in late June with a ‘”an Outperform”‘ rating. CL King began covering MMSI with “Buy” recommendation on April 11, 2024. BofA Securities started covering the stock on February 07, 2024. It rated MMSI as “a Neutral”.
Price Performance Review of MMSI
On Monday, Merit Medical Systems, Inc [NASDAQ:MMSI] saw its stock jump 0.97% to $103.03. Over the last five days, the stock has lost -0.46%. Merit Medical Systems, Inc shares have risen nearly 6.52% since the year began. Nevertheless, the stocks have risen 28.58% over the past one year. While a 52-week high of $111.45 was reached on 01/31/25, a 52-week low of $70.70 was recorded on 01/13/25. SMA at 50 days reached $102.70, while 200 days put it at $95.15.
Levels Of Support And Resistance For MMSI Stock
The 24-hour chart illustrates a support level at 101.41, which if violated will result in even more drops to 99.80. On the upside, there is a resistance level at 105.18. A further resistance level may holdings at 107.34. The Relative Strength Index (RSI) on the 14-day chart is 46.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.62%. Stochastics %K at 24.97% indicates the stock is a holding.
