Merit Medical Systems, Inc’s filing revealed that its Director F ANN MILLNER acquired Company’s shares for reported $2.05 million on May 15 ’25. In the deal valued at $96.47 per share,21,250 shares were bought.
Then, Peterson Neil sold 5,000 shares, generating $522,650 in total proceeds. Upon selling the shares at $104.53, the CHIEF OPERATING OFFICER now owns 28,369 shares.
Before that, NEIL W PETERSON bought 5,000 shares. Merit Medical Systems, Inc shares valued at $522,668 were divested by the Officer at a price of $104.53 per share.
JP Morgan initiated its Merit Medical Systems, Inc [MMSI] rating to an Overweight in a research note published on March 28, 2025; the price target was $120. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid December from “an Equal weight” to “an Overweight”. Robert W. Baird began covering MMSI with “an Outperform” recommendation on June 28, 2024. CL King started covering the stock on April 11, 2024. It rated MMSI as “a Buy”.
Price Performance Review of MMSI
On Friday, Merit Medical Systems, Inc [NASDAQ:MMSI] saw its stock jump 1.29% to $98.83. Over the last five days, the stock has gained 3.13%. Merit Medical Systems, Inc shares have risen nearly 2.18% since the year began. Nevertheless, the stocks have risen 19.94% over the past one year. While a 52-week high of $111.45 was reached on 01/31/25, a 52-week low of $80.02 was recorded on 04/09/25. SMA at 50 days reached $97.16, while 200 days put it at $98.78.
Levels Of Support And Resistance For MMSI Stock
The 24-hour chart illustrates a support level at 97.82, which if violated will result in even more drops to 96.80. On the upside, there is a resistance level at 99.39. A further resistance level may holdings at 99.94. The Relative Strength Index (RSI) on the 14-day chart is 57.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.61%. Stochastics %K at 72.27% indicates the stock is a holding.
The most recent change occurred on February 07, 2024 when BofA Securities began covering the stock and recommended ‘”a Neutral”‘ rating along with a $87 price target.
