MMSINasdaqSurgical & Medical Instruments & ApparatusFiscal year ends December 31
MERIT MEDICAL SYSTEMS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$89.96+0.76 (+0.85%)
Close on Oct 19, 2026
- Market cap
- $5.40B
- P/E (TTM)
- 37.2
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
63M of 60M shares
Institutional holders
404
66 new, 56 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
5 buys · 8 sales
Net sold $7.88M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 8,370,301 | 14.10% | 13G (passive) amendment | Sep 30, 2025 |
| Vanguard Portfolio Management | 3,571,916 | 6.01% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 3,109,720 | 5.23% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MMSI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 9,464,542 | 15.85% | $656.27M | +630,227 | 0.01% |
| Vanguard Portfolio Management LLC | 3,473,833 | 5.82% | $240.88M | −49,255 | 0.01% |
| Vanguard Capital Management LLC | 2,590,454 | 4.34% | $179.62M | −65,709 | 0.00% |
| State Street Corp | 2,474,512 | 4.14% | $171.60M | +113,530 | 0.01% |
| Conestoga Capital Advisors, LLC | 1,979,790 | 3.32% | $137.28M | −187,723 | 2.99% |
| Geode Capital Management, LLC | 1,625,950 | 2.72% | $112.76M | +117,576 | 0.01% |
| Fuller & Thaler Asset Management, Inc. | 1,613,002 | 2.70% | $111.85M | −502,524 | 0.30% |
| Dimensional Fund Advisors LP | 1,458,823 | 2.44% | $101.16M | +221,525 | 0.02% |
| Nomura Asset Management International Inc. | 1,279,152 | 2.14% | $88.70M | +80,883 | 0.13% |
| Congress Asset Management Co /Ma | 1,184,337 | 1.98% | $82.12M | +155,088 | 0.51% |
| William Blair Investment Management, LLC | 1,137,790 | 1.91% | $78.89M | +360,296 | 0.24% |
| Greenhouse Funds LLLP | 1,072,098 | 1.80% | $74.34M | −50,349 | 3.80% |
| Citigroup Inc | 1,022,497 | 1.71% | $70.90M | −40,218 | 0.02% |
| FMR LLC | 1,012,810 | 1.70% | $70.23M | +7,872 | 0.00% |
| Westwood Holdings Group Inc | 1,011,377 | 1.69% | $70.13M | +64,901 | 0.53% |
| Morgan Stanley | 1,006,891 | 1.69% | $69.82M | −254,068 | 0.00% |
| Neuberger Berman Group LLC | 1,002,168 | 1.68% | $69.49M | +996,617 | 0.05% |
| Maverick Capital Ltd | 978,617 | 1.64% | $67.86M | +264,536 | 0.60% |
| Price T Rowe Associates Inc /Md/ | 958,736 | 1.61% | $66.48K | +303,766 | 0.01% |
| Citadel Advisors LLC | 909,863 | 1.52% | $63.09M | −52,921 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 404 | 63M | 100.0% | 66 / 184 | 123 / 56 | 9M | 6M |
| Q1 2026 | 400 | 59M | 99.6% | 70 / 161 | 127 / 53 | 13M | 11M |
| Q4 2025 | 390 | 64M | 100.0% | 65 / 174 | 114 / 46 | 10M | 7M |
| Q3 2025 | 379 | 61M | 100.0% | 51 / 146 | 138 / 44 | 6M | 8M |
| Q2 2025 | 379 | 64M | 100.0% | 53 / 141 | 135 / 50 | 5M | 5M |
| Q1 2025 | 379 | 64M | 100.0% | 50 / 145 | 135 / 49 | 7M | 4M |
| Q4 2024 | 385 | 61M | 100.0% | 65 / 155 | 113 / 51 | 6M | 4M |
| Q3 2024 | 378 | 60M | 100.0% | 84 / 130 | 114 / 21 | 15M | 6M |
| Q2 2024 | 320 | 61M | 100.0% | 50 / 127 | 100 / 31 | 5M | 5M |
| Q1 2024 | 305 | 62M | 100.0% | 52 / 114 | 105 / 35 | 6M | 4M |
| Q4 2023 | 289 | 59M | 99.1% | 47 / 108 | 94 / 23 | 5M | 2M |
| Q3 2023 | 272 | 56M | 93.2% | 26 / 101 | 117 / 64 | 5M | 3M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MMSI | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 3,594,079 | 6.02% | $249.21M | 0.22% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,802,360 | 3.02% | $124.98M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,555,862 | 2.61% | $107.88M | 0.13% | Jun 30, 2026 |
| Fullerthaler Behavioral Small Cap Equity | 1,543,773 | 2.59% | $107.05M | 0.85% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,299,239 | 2.18% | $90.09M | 0.05% | Jun 30, 2026 |
| Conestoga Small Cap Fund | 958,075 | 1.60% | $66.43M | 3.25% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 750,481 | 1.26% | $52.04M | 0.11% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 684,873 | 1.15% | $47.49M | 0.05% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 653,003 | 1.09% | $55.51M | 0.16% | Jul 31, 2026 |
| Congress Small Cap Growth Fund | 605,000 | 1.01% | $51.43M | 2.56% | Jul 31, 2026 |
| Nomura Small Cap Core Fund | 579,560 | 0.97% | $36.55M | 0.66% | May 29, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 545,703 | 0.91% | $37.84M | 0.22% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 500,684 | 0.84% | $34.72M | 0.24% | Jun 30, 2026 |
| T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund | 462,282 | 0.77% | $32.05M | 0.33% | Jun 30, 2026 |
| MFS New Discovery Fund | 444,414 | 0.74% | $28.02M | 1.31% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Martha Goldberg Aronson | President and CEO, Director | 49,792 | 0.08% | May 7, 2026 |
| Sheri Lewis | EVP of Global Operations | 8,371 | 0.01% | Sep 9, 2026 |
| Neil W. Peterson | CHIEF OPERATING OFFICER | 18,051 | 0.03% | Aug 25, 2026 |
| Michel J. Voigt | CHIEF HUMAN RESOURCES OFFICER | 47,677 | 0.08% | Aug 25, 2026 |
| Brian G. Lloyd | CHIEF LEGAL OFFICER, SECRETARY | 62,132 | 0.10% | Jun 8, 2026 |
| Christian Adam Smith | Chief Commercial Officer | 32,554 | 0.05% | May 13, 2026 |
| Raul Parra Jr. | CFO AND TREASURER | 61,542 | 0.10% | May 7, 2026 |
| Thomas J. Gunderson | Director | 60,741 | 0.10% | May 21, 2026 |
| F. Ann Ed.D. Millner | Director | 38,000 | 0.06% | May 19, 2026 |
| Michael R. McDonnell | Director | 9,852 | 0.02% | May 19, 2026 |
| Lonny J. Carpenter | Director | 20,824 | 0.03% | May 19, 2026 |
| Lynne N. Ward | Director | 11,266 | 0.02% | May 19, 2026 |
| Stephen C. Evans | Director | 10,266 | 0.02% | May 19, 2026 |
| Laura S. Kaiser | Director | 13,352 | 0.02% | May 19, 2026 |
| Scott R. Ward | Director | 3,457 | 0.01% | May 19, 2026 |
| Silvia M. Perez | Director | 8,040 | 0.01% | May 19, 2026 |
| Fred P. Lampropoulos | Director | 1,126,457 | 1.89% | Apr 2, 2026 |
| David Floyd | Director | 15,066 | 0.03% | Jun 3, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Sheri Lewis EVP of Global Operations | Sep 4, 2026 | Award | +8,371 | – | – | 8,371 |
| Neil W. Peterson CHIEF OPERATING OFFICER | Aug 24, 2026 | Sale | −7,500 | $90.45 | $678.38K | 18,051 |
| Michel J. Voigt CHIEF HUMAN RESOURCES OFFICER | Aug 24, 2026 | Gift | −650 | – | – | 45,412 |
| Neil W. Peterson CHIEF OPERATING OFFICER | Aug 4, 2026 | Sale | −21,449 | $85.00 | $1.82M | 25,551 |
| Michel J. Voigt CHIEF HUMAN RESOURCES OFFICER | Jun 15, 2026 | Gift | −65 | – | – | 46,062 |
| Brian G. Lloyd CHIEF LEGAL OFFICER, SECRETARY | Jun 5, 2026 | Gift | −2,000 | – | – | 60,132 |
| Thomas J. Gunderson Director | May 20, 2026 | Option exercise | +7,500 | $52.17 | $391.28K | 60,741 |
| Thomas J. Gunderson Director | May 20, 2026 | Option exercise | +13,750 | $52.17 | $717.34K | 53,241 |
| Lynne N. Ward Director | May 18, 2026 | Award | +3,457 | – | – | 11,266 |
| Michael R. McDonnell Director | May 18, 2026 | Award | +3,457 | – | – | 9,852 |
| Silvia M. Perez Director | May 18, 2026 | Award | +3,457 | – | – | 8,040 |
| F. Ann Ed.D. Millner Director | May 18, 2026 | Award | +3,457 | – | – | 38,000 |
| Thomas J. Gunderson Director | May 18, 2026 | Award | +3,457 | – | – | 39,491 |
| Stephen C. Evans Director | May 18, 2026 | Award | +3,457 | – | – | 10,266 |
| Lonny J. Carpenter Director | May 18, 2026 | Award | +3,457 | – | – | 20,824 |
| Scott R. Ward Director | May 18, 2026 | Award | +3,457 | – | – | 3,457 |
| Laura S. Kaiser Director | May 18, 2026 | Award | +3,457 | – | – | 13,352 |
| Christian Adam Smith Chief Commercial Officer | May 11, 2026 | Buy | +1,626 | $61.00 | $99.19K | 2,220 |
| Brian G. Lloyd CHIEF LEGAL OFFICER, SECRETARY | May 7, 2026 | Buy | +2,000 | $62.63 | $125.26K | 2,000 |
| Lynne N. Ward Director | May 7, 2026 | Sale | −5,000 | $62.61 | $313.05K | 7,809 |
| Martha Goldberg Aronson President and CEO, Director | May 6, 2026 | Buy | +2,000 | $60.44 | $120.88K | 49,792 |
| Raul Parra Jr. CFO AND TREASURER | May 6, 2026 | Buy | +1,500 | $61.01 | $91.52K | 58,843 |
| Michel J. Voigt CHIEF HUMAN RESOURCES OFFICER | May 5, 2026 | Buy | +2,250 | $60.65 | $136.46K | 2,265 |
| Michel J. Voigt CHIEF HUMAN RESOURCES OFFICER | Feb 26, 2026 | Award | +7,690 | – | – | 29,414 |
| Michel J. Voigt CHIEF HUMAN RESOURCES OFFICER | Feb 26, 2026 | Tax withholding | −6,698 | $78.02 | $522.58K | 46,127 |
| Michel J. Voigt CHIEF HUMAN RESOURCES OFFICER | Feb 26, 2026 | Award | +17,002 | – | – | 52,825 |
| Michel J. Voigt CHIEF HUMAN RESOURCES OFFICER | Feb 26, 2026 | Award | +6,409 | – | – | 35,823 |
| Raul Parra Jr. CFO AND TREASURER | Feb 26, 2026 | Tax withholding | −5,778 | $78.02 | $450.80K | 57,343 |
| Raul Parra Jr. CFO AND TREASURER | Feb 26, 2026 | Award | +12,305 | – | – | 36,506 |
| Raul Parra Jr. CFO AND TREASURER | Feb 26, 2026 | Award | +9,613 | – | – | 46,119 |
| Raul Parra Jr. CFO AND TREASURER | Feb 26, 2026 | Award | +17,002 | – | – | 63,121 |
| Brian G. Lloyd CHIEF LEGAL OFFICER, SECRETARY | Feb 26, 2026 | Award | +17,002 | – | – | 67,910 |
| Brian G. Lloyd CHIEF LEGAL OFFICER, SECRETARY | Feb 26, 2026 | Tax withholding | −5,778 | $78.02 | $450.80K | 62,132 |
| Brian G. Lloyd CHIEF LEGAL OFFICER, SECRETARY | Feb 26, 2026 | Award | +10,254 | – | – | 44,499 |
| Brian G. Lloyd CHIEF LEGAL OFFICER, SECRETARY | Feb 26, 2026 | Award | +6,409 | – | – | 50,908 |
| Neil W. Peterson CHIEF OPERATING OFFICER | Feb 26, 2026 | Award | +7,690 | – | – | 36,059 |
| Neil W. Peterson CHIEF OPERATING OFFICER | Feb 26, 2026 | Award | +17,002 | – | – | 53,061 |
| Neil W. Peterson CHIEF OPERATING OFFICER | Feb 26, 2026 | Tax withholding | −6,061 | $78.02 | $472.88K | 47,000 |
| Martha Goldberg Aronson President and CEO, Director | Feb 26, 2026 | Award | +28,198 | – | – | 47,792 |
| Christian Adam Smith Chief Commercial Officer | Feb 26, 2026 | Award | +8,203 | – | – | 19,181 |
| Christian Adam Smith Chief Commercial Officer | Feb 26, 2026 | Award | +6,409 | – | – | 25,590 |
| Christian Adam Smith Chief Commercial Officer | Feb 26, 2026 | Award | +6,762 | – | – | 32,352 |
| Christian Adam Smith Chief Commercial Officer | Feb 26, 2026 | Tax withholding | −2,018 | $78.02 | $157.44K | 30,334 |
| Neil W. Peterson CHIEF OPERATING OFFICER | Jan 6, 2026 | Option exercise | +5,000 | $54.40 | $272.00K | 33,369 |
| Neil W. Peterson CHIEF OPERATING OFFICER | Jan 6, 2026 | Sale(10b5-1 plan) | −5,000 | $90.00 | $450.00K | 28,369 |
| Fred P. Lampropoulos Executive Chairman, Director | Nov 25, 2025 | Sale | −10,000 | $88.04 | $880.40K | 1,019,955 |
| Fred P. Lampropoulos Executive Chairman, Director | Nov 21, 2025 | Sale | −25,000 | $87.31 | $2.18M | 1,029,955 |
| Fred P. Lampropoulos Executive Chairman, Director | Nov 20, 2025 | Sale | −20,000 | $85.13 | $1.70M | 1,054,955 |
| Fred P. Lampropoulos Executive Chairman, Director | Nov 18, 2025 | Sale | −5,000 | $84.83 | $424.15K | 1,074,955 |
| Martha Goldberg Aronson President and CEO, Director | Oct 3, 2025 | Award | +19,594 | – | – | 19,594 |
| Martha Goldberg Aronson President and CEO | Oct 3, 2025 | Award | +19,594 | – | – | 19,594 |
| Fred P. Lampropoulos President and CEO, Director | Aug 29, 2025 | Tax withholding | −1,454 | $90.54 | $131.65K | 8,280 |
| Fred P. Lampropoulos President and CEO, Director | Aug 29, 2025 | Tax withholding | −124,824 | $90.54 | $11.30M | 1,079,955 |
| Fred P. Lampropoulos President and CEO, Director | Aug 29, 2025 | Option exercise | +2,000 | $55.73 | $111.46K | 9,734 |
| Fred P. Lampropoulos President and CEO, Director | Aug 29, 2025 | Option exercise | +159,151 | $55.73 | $8.87M | 1,204,779 |
| Lynne N. Ward Director | Aug 22, 2025 | Sale | −3,000 | $88.56 | $265.68K | 12,809 |
| Lynne N. Ward Director | Aug 22, 2025 | Option exercise | +3,000 | $34.46 | $103.38K | 15,809 |
| Lynne N. Ward Director | Aug 11, 2025 | Sale | −2,433 | $84.89 | $206.54K | 12,809 |
| Lynne N. Ward Director | Aug 11, 2025 | Option exercise | +2,433 | $34.46 | $83.84K | 15,242 |
| Raul Parra Jr. CFO AND TREASURER | Jun 13, 2025 | Option exercise | +5,500 | $65.03 | $357.67K | 39,382 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| W. Peterson Neil Officer | Aug 24, 2026 | 7,500 | $678.36K | Aug 24, 2026 | Exercised Shares |
| W. Peterson Neil Officer | Aug 4, 2026 | 21,449 | $1.82M | Aug 4, 2026 | Performance Shares |
| Ward Lynne Director | May 7, 2026 | 5,000 | $313.04K | May 7, 2026 | Restricted Stock |
| W. Peterson Neil Officer | Jan 6, 2026 | 5,000 | $450.00K | Jan 6, 2026 | Stock Option Exercise |
| Lampropoulos Fred Director | Nov 25, 2025 | 10,000 | $880.38K | Nov 25, 2025 | Private Acquisition from Issuer/Affiliate |
| Lampropoulos Fred Director | Nov 21, 2025 | 25,000 | $2.18M | Nov 21, 2025 | Private Acquisition from Issuer/Affiliate |
| Lampropoulos Fred Director | Nov 20, 2025 | 20,000 | $1.70M | Nov 20, 2025 | Private Acquisition from Issuer/Affiliate |
| Lampropoulos Fred Director | Nov 18, 2025 | 5,000 | $424.13K | Nov 18, 2025 | Private Acquisition from Issuer/Affiliate |
| Ward Lynne Director | Aug 22, 2025 | 3,000 | $265.68K | Aug 22, 2025 | Stock Option Exercise |
| Ward Lynne Director | Aug 11, 2025 | 2,433 | $206.54K | Aug 11, 2025 | Stock Option Exercise |
| Parra Raul Officer | Jun 13, 2025 | 15,181 | $1.42M | Jun 13, 2025 | Stock Option Exercise |
| Lampropoulos Fred Officer | Jun 10, 2025 | 400 | $38.24K | Jun 10, 2025 | Private Acquisition from Issuer/Affiliate |
| Lampropoulos Fred Officer | Jun 5, 2025 | 10,000 | $951.94K | Jun 5, 2025 | Private Acquisition from Issuer/Affiliate |
| R. McDonnell Michael Director | Jun 2, 2025 | 1,750 | $165.39K | Jun 2, 2025 | Restricted Stock |
| R. McDonnell Michael Director | May 30, 2025 | 1,750 | $165.03K | May 30, 2025 | Restricted Stock |