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MMSI

MERIT MEDICAL SYSTEMS INC

In the published model solve dated 2026-Q2, anchored at $87.19, MERIT MEDICAL SYSTEMS INC (MMSI) is priced for +20.1% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.

Published model solve
+20.1% growth
Priced In
within-range

Key Takeaways

• Merit Medical makes disposable devices for interventional and diagnostic procedures across cardiology, radiology, oncology, and endoscopy, a steady, procedure-driven business that grew first-quarter sales 7.5% to $381.9 million and runs a gross margin near 48%. [Source: Merit Medical Q1 2026 results, 2026] • The single number that defines the bet is growth: the price embeds roughly 15% annual operating growth, while recent organic, constant-currency growth ran about 3.7%, so the gap between pr

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Institutional ownership

388 institutional managers reported holding MMSI in 13F filings for the quarter ended 2026-03-31. 61 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 3.0M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (4 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

MMSI's share count grew 6.2% over the past five years. It pays no dividend.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at MMSI over the trailing three years. Absence is a fact about the company, not a signal. 16 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

MMSI's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-07-29-9.5%-6.2%
2023-10-27+7.8%+10.1%
2024-02-29-5.4%+1.1%
2024-05-01+2.2%+11.9%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

MMSI's latest 8-K filings: 2026-07-30 (items 2.02, 7.01, 9.01); 2026-05-19 (items 5.02, 5.03, 5.07, 7.01, 9.01); 2026-04-30 (items 2.02, 7.01, 9.01); 2026-04-13 (items 7.01, 9.01); 2026-04-01 (items 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.