Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Merit Medical Systems, Inc shares valued at $2,049,988 were sold by Millner F. Ann on May 15 ’25. At $96.47 per share, Millner F. Ann sold 21,250 shares. The insider’s holdings dropped to 34,543 shares worth approximately $3.29 million following the completion of this transaction.
Also, F ANN MILLNER purchased 21,250 shares, netting a total of over 2,050,083 in proceeds.
Before that, Peterson Neil had sold 5,000 shares from its account. In a trade valued at $522,650, the CHIEF OPERATING OFFICER traded Merit Medical Systems, Inc shares for $104.53 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $2.7 million.
As published in their initiating research note from JP Morgan on March 28, 2025, Merit Medical Systems, Inc [MMSI] has been an Overweight and the price target has been revised to $120. Analysts at Wells Fargo upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid December. As of June 28, 2024, Robert W. Baird has initiated its “an Outperform” rating for MMSI. Earlier on April 11, 2024, CL King initiated its rating. Their recommendation was “a Buy” for MMSI stock.
Analyzing MMSI Stock Performance
During the last five days, there has been a drop of approximately -2.52%. Over the course of the year, Merit Medical Systems, Inc shares have dropped approximately -1.66%. Shares of the company reached a 52-week high of $111.45 on 01/31/25 and a 52-week low of $85.46 on 04/09/25.
Support And Resistance Levels for Merit Medical Systems, Inc (MMSI)
According to the 24-hour chart, there is a support level at 94.26, which, if violated, would cause prices to drop to 93.42. In the upper region, resistance lies at 96.00. The next price resistance is at 96.90. RSI (Relative Strength Index) is 46.55 on the 14-day chart, showing neutral technical sentiment.
