Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Merit Medical Systems, Inc shares valued at $1,423,219 were sold by Parra Raul Jr. on Jun 13 ’25. At $93.75 per share, Parra Raul Jr. sold 15,181 shares. The insider’s holdings dropped to 24,201 shares worth approximately $2.24 million following the completion of this transaction.
Also, RAUL PARRA purchased 15,181 shares, netting a total of over 1,423,219 in proceeds.
Before that, Lampropoulos Fred P. had sold 400 shares from its account. In a trade valued at $38,244, the President and CEO traded Merit Medical Systems, Inc shares for $95.61 each. Upon closing the transaction, the insider’s holdings decreased to 400 shares, worth approximately $96.88 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
On last trading session,, Merit Medical Systems, Inc [NASDAQ: MMSI] plunged -0.65% to $92.65. The stock’s lowest price that day was $92.62, but it reached a high of $93.64 in the same session. During the last five days, there has been a drop of approximately -0.27%. Over the course of the year, Merit Medical Systems, Inc shares have jumped approximately 12.70%. 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 92.29, which, if violated, would cause prices to drop to 91.94. In the upper region, resistance lies at 93.32. The next price resistance is at 94.00. RSI (Relative Strength Index) is 42.68 on the 14-day chart, showing neutral technical sentiment.
Is Merit Medical Systems, Inc subject to short interest?
Stocks of Merit Medical Systems, Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.13 million shares to 3.41 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 3.28 million shares. A jump of 3.74% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.6 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.6.
Which companies own the most shares of Merit Medical Systems, Inc (MMSI)?
In terms of Merit Medical Systems, Inc share price expectations, FactSet research, analysts set an average price target of 108 in the next 12 months, up nearly 15.81% from the previous closing price of $93.26. Analysts anticipate Merit Medical Systems, Inc stock to reach 112 by 2025, with the lowest price target being 103. In spite of this, 4 analysts ranked Merit Medical Systems, Inc stock as Buy at the end of 2025. On February 07, 2024, BofA Securities assigned a price target of “a Neutral” to the stock and initiated coverage with a $87.