DEC 26·MarketBeat▲
Merit Medical Systems, Inc. (NASDAQ:MMSI) Given Consensus Recommendation of "Moderate Buy" by Analysts
Merit Medical Systems, Inc. (NASDAQ:MMSI) has received a "Moderate Buy" consensus rating from analysts, with an average 12-month price target of $105.88. The company recently reported strong quarterly earnings and revenue, surpassing analyst estimates, and has set optimistic full-year 2025 guidance. Despite recent insider selling, institutional investors hold a significant portion of the stock.
DEC 24·MarketBeat▲
Assenagon Asset Management S.A. Acquires Shares of 19,750 Merit Medical Systems, Inc. $MMSI
Assenagon Asset Management S.A. has acquired 19,750 shares of Merit Medical Systems, Inc. in the third quarter, valued at approximately $1.64 million, with institutional investors now holding 99.66% of the stock. Insider selling, specifically by Chairman Fred P. Lampropoulos, has amounted to 60,000 shares in the last 90 days. Merit Medical Systems surpassed Q3 earnings expectations, reporting a revenue increase of 13% year-over-year and forecasting FY2025 EPS between $3.66 and $3.79, while analysts maintain a "Moderate Buy" rating with an average price target of $105.88.
