Were Hedge Funds Right About Merit Medical Systems, Inc. (MMSI)?
Is Merit Medical Systems, Inc. (NASDAQ:MMSI) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. The top picks of these firms have historically outperformed the market when we account for known risk factors, making them very valuable investment ideas.
Merit Medical Systems, Inc. (NASDAQ:MMSI) was in 18 hedge funds’ portfolios at the end of the first quarter of 2021. The all time high for this statistic is 20. MMSI investors should be aware of a decrease in hedge fund sentiment in recent months. There were 20 hedge funds in our database with MMSI positions at the end of the fourth quarter. Our calculations also showed that MMSI isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings).