| Profitability | 93/100 |
| Growth | 55/100 |
| Momentum | 81/100 |
| Quality | 93/100 |
| Earnings Quality | 44/100 |
| Balance Sheet | 91/100 |
| Value | 63/100 |
| Risk (safety) | 100/100 |
| Overall | 81.9/100 |
| Symbol | IS Score |
|---|---|
| MDLN | 43 |
| WST | 72 |
| BDX | 43 |
| HOLX | 56 |
| SOLV | 37 |
| BAX | 32 |
| RMD | 82 |
Both readings sit above the midpoint — business quality at 82 and price structure at 80 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.
| Trigger | Where it stands now | What it would mean |
|---|---|---|
| IS Score reaches 75 and holds two consecutive quarters | now 81.9 | would move us up one band |
| IS Score stops falling - one quarter higher than the prior | last four: 85 → 83 → 82 → 82 | the direction matters more than the level |
| Technical vote share back above 50% | now 100% | price structure no longer broken |
| Institutional holder count rises two quarters running | peak 950 → now 892 | fewer institutions willing to hold is our clearest warning |
This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.
| Quarter | Holders | 13F shares | Value | Reported own% |
|---|---|---|---|---|
| 2026 Q2 | 892 | 101.2M | $19.4B | 69.9% |
| 2026 Q1 | 943 | 97.7M | $21.6B | 67.5% |
| 2025 Q4 | 948 | 97.0M | $23.0B | 67.1% |
| 2025 Q3 | 950 | 91.9M | $24.8B | 63.5% |
| 2025 Q2 | 923 | 92.8M | $23.8B | 64.1% |
| 2025 Q1 | 887 | 94.4M | $21.0B | 65.2% |
| 2024 Q4 | 872 | 90.6M | $20.6B | 62.6% |
| 2024 Q3 | 804 | 87.3M | $21.1B | 60.4% |
| 2024 Q2 | 775 | 85.9M | $16.3B | 59.4% |
| 2024 Q1 | 721 | 83.4M | $16.4B | 57.6% |
| 2023 Q4 | 691 | 81.2M | $13.9B | 56.1% |
| 2023 Q3 | 660 | 88.1M | $12.9B | 60.9% |
| Insider | Role | Date | Type | Shares | Value | Post-Txn Owned |
|---|---|---|---|---|---|---|
| Farrell Michael J. | director, Chairman and CEO | 2026-10-07 | EXERCISE | 4,991 | $0.73M | 484,794 |
| Farrell Michael J. | director, Chairman and CEO | 2026-10-07 | SELL | 4,991 | $1.13M | 479,803 |
| Farrell Michael J. | director, Chairman and CEO | 2026-10-07 | EXERCISE | 4,991 | $0.73M | 4,993 |
| Farrell Michael J. | director, Chairman and CEO | 2026-09-08 | EXERCISE | 4,991 | $0.73M | 471,247 |
| Farrell Michael J. | director, Chairman and CEO | 2026-09-08 | SELL | 4,991 | $1.11M | 466,256 |
| Farrell Michael J. | director, Chairman and CEO | 2026-09-08 | EXERCISE | 4,991 | $0.73M | 9,984 |
| Farrell Peter C | director | 2026-09-02 | SELL | 970 | $0.23M | 51,803 |
| Bloomer Aaron | Chief Financial Officer | 2026-08-14 | A-Award | 9,072 | — | 9,072 |
| 6-mo decomposition (Form 4) | Txns | Shares | Value | Signal weight |
|---|---|---|---|---|
| S — Open-market sales | 14 | 54,898 | $12.2M | Counted |
| M — Exercises (paired A/D) | 8 | 39,928 | $5.8M | None — mechanics |
| P — Open-market purchases | 0 | 0 | $0 | Counted — none occurred |
| Member | Chamber | Trade | Size band | Traded | Disclosed |
|---|---|---|---|---|---|
| Ro Khanna | House | BUY | $1,001 - $15,000 | 2026-09-11 | 2026-10-09 |
| Ro Khanna | House | BUY | $1,001 - $15,000 | 2026-05-01 | 2026-06-11 |
| Ro Khanna | House | BUY | $1,001 - $15,000 | 2026-04-13 | 2026-05-13 |
| Alan Armstrong | Senate | BUY | $1,001 - $15,000 | 2026-03-27 | 2026-07-21 |
| Tommy Tuberville | Senate | SELL | $1,001 - $15,000 | 2024-05-03 | 2024-06-14 |
| Tommy Tuberville | Senate | SELL | $1,001 - $15,000 | 2024-05-03 | 2024-06-13 |
| Manager | Shares | Value |
|---|---|---|
| Assenagon Asset Management S.A. | 105,445 | $23M |
| Confluence Investment Management L | 84,518 | $19M |
| Massmutual Private Wealth & Trust, | 63,623 | $14M |
| Northcrest Asset Manangement, Llc | 43,686 | $10M |
| Addenda Capital Inc. | 42,604 | $9M |
| Fund | Weight | Position |
|---|---|---|
| VITSX | 0.0% | $1.0B |
| VTSAX | 0.0% | $1.0B |
| VSMPX | 0.0% | $1.0B |
| VTI | 0.0% | $1.0B |
| VOO | 0.0% | $838M |
| VFIAX | 0.0% | $838M |
| ATS Venue (4-wk) | Shares | Avg trade |
|---|---|---|
| Incr Intelligent Cross Llc | 1.3M | 22 sh |
| Ubsa Ubs Ats | 1.3M | 29 sh |
| Ebxl Level Ats | 0.9M | 15 sh |
| Sgmt Sigma X2 | 0.8M | 23 sh |
| Mstx Ms Trajectory Cross (Ats-1) | 0.8M | 24 sh |
| Mlix Instinct X | 0.6M | 34 sh |
| Region | Revenue | Share |
|---|---|---|
| U [S] | $3.0B | 64% |
| Global | $1.7B | 36% |
Moat score 77/100 — Wide; primary source Efficient Scale.
| Officer | Title |
|---|---|
| Michael J. Farrell | Chief Executive Officer & Chairman |
| Justin Leong | Chief Product Officer |
| Brett A. Sandercock | Advisor |
| Michael Rider | Chief Legal Officer & Secretary |
| Period | EPS est. | EPS actual | EPS surprise | Rev est. ($M) | Rev actual ($M) | Rev surprise |
|---|
| YoY growth | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | +11.9% | +18.0% | +10.9% | +9.8% | +9.9% |
| Gross profit | +10.1% | +16.4% | +12.7% | +15.1% | +13.0% |
| Operating income | +10.7% | +13.2% | +16.6% | +27.7% | +13.2% |
| Net income | +64.3% | +15.2% | +13.7% | +37.2% | +8.8% |
| $B · FY ends | FY22 | FY23 | FY24 | FY25 | FY26 | Trend |
|---|---|---|---|---|---|---|
| Revenue | 3.6 | 4.2 | 4.7 | 5.1 | 5.7 | |
| Cost of revenue | 1.6 | 1.9 | 2.0 | 2.1 | 2.2 | |
| Gross profit | 2.0 | 2.4 | 2.7 | 3.1 | 3.5 | |
| R&D expense | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | |
| SG&A expense | 0.7 | 0.9 | 0.9 | 1.0 | 1.1 | |
| Operating income | 1.0 | 1.1 | 1.3 | 1.7 | 1.9 | |
| EBITDA | 1.2 | 1.4 | 1.5 | 1.9 | 2.2 | |
| D&A | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |
| Pretax income | 1.0 | 1.1 | 1.3 | 1.7 | 1.9 | |
| Income tax | 0.2 | 0.2 | 0.2 | 0.3 | 0.4 | |
| Net income | 0.8 | 0.9 | 1.0 | 1.4 | 1.5 | |
| Diluted EPS ($) | 5.30 | 6.09 | 6.92 | 9.51 | 10.40 | |
| Diluted shares (M) | 147 | 147 | 148 | 147 | 145 |
| $B | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash & equivalents | 0.2 | 0.2 | 1.2 | 1.5 | |
| ST investments | 0.0 | 0.0 | 0.0 | 0.0 | |
| Receivables (net) | 0.7 | 0.8 | 1.0 | 1.0 | |
| Total current assets | 2.4 | 2.4 | 3.5 | 4.3 | |
| PP&E (net) | 0.7 | 0.7 | 0.7 | 0.7 | |
| Goodwill + intangibles | 3.3 | 3.3 | 3.5 | 3.4 | |
| Total assets | 6.8 | 6.9 | 8.2 | 9.0 | |
| Accounts payable | 0.2 | 0.2 | 0.3 | 0.3 | |
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.3 | |
| Deferred revenue | 0.1 | 0.2 | 0.2 | 0.2 | |
| Total current liabilities | 0.8 | 0.9 | 1.0 | 1.4 | |
| Long-term debt | 1.4 | 0.7 | 0.7 | 0.4 | |
| Total liabilities | 2.6 | 2.0 | 2.2 | 2.4 | |
| Shareholders' equity | 4.1 | 4.9 | 6.0 | 6.6 |
| $B | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Net income | 0.9 | 1.0 | 1.4 | 1.5 | |
| D&A | 0.2 | 0.2 | 0.2 | 0.2 | |
| Stock-based compensation | 0.1 | 0.1 | 0.1 | 0.1 | |
| Working capital change | (0.5) | 0.0 | 0.0 | (0.1) | |
| Operating cash flow | 0.7 | 1.4 | 1.8 | 1.8 | |
| Capital expenditures | (0.1) | (0.1) | (0.1) | (0.2) | |
| Investing cash flow | (1.2) | (0.3) | (0.2) | (0.5) | |
| Buybacks | 0.0 | (0.2) | (0.3) | (0.7) | |
| Dividends paid | (0.3) | (0.3) | (0.3) | (0.3) | |
| Debt issuance / (repay) | 0.7 | (0.7) | (0.0) | (0.0) | |
| Financing cash flow | 0.4 | (1.1) | (0.6) | (1.0) | |
| Free cash flow | 0.6 | 1.3 | 1.7 | 1.6 |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| PROFITABILITY | |||||||
| ROE | 25.0% | 24.0% | 22.7% | 25.9% | 24.3% | 24% | |
| ROA | 15.9% | 15.2% | 15.0% | 18.6% | 17.8% | 17.0% | |
| ROIC | 20.3% | 16.8% | 19.4% | 25.1% | 25.3% | 19.1% | |
| Gross margin | 56.6% | 55.8% | 56.7% | 59.4% | 61.1% | 61.2% | |
| Operating margin | 28.0% | 26.8% | 28.2% | 32.7% | 33.8% | 33.5% | |
| Net margin | 21.8% | 21.3% | 21.8% | 27.2% | 26.9% | 26.9% | |
| EBITDA margin | 32.9% | 32.2% | 32.7% | 37.2% | 38.1% | 38.3% | |
| FCF margin | 5.5% | 13.2% | 27.5% | 32.2% | 51.1% | — | |
| VALUATION | |||||||
| P/E | 38.30 | 35.07 | 27.29 | 26.96 | 18.55 | 22.9 | |
| P/B | 8.88 | 7.62 | 5.73 | 6.33 | 4.29 | 5.3 | |
| P/S | 8.34 | 7.45 | 5.95 | 7.34 | 5.00 | 5.94 | |
| P/FCF | 153.00 | 56.28 | 21.66 | 22.77 | 9.78 | 11.6 | |
| EV/EBITDA | 25.54 | 24.34 | 18.67 | 19.45 | 12.80 | 15.2 | |
| EV/Revenue | 8.52 | 7.77 | 6.08 | 7.27 | 4.88 | 5.8 | |
| Earnings yield | 2.6% | 2.9% | 3.7% | 3.7% | 5.4% | 4.41% | |
| FCF yield | 0.7% | 1.8% | 4.6% | 4.4% | 10.2% | 8.60% | |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| LEVERAGE & SOLVENCY | |||||||
| Current ratio | 2.80 | 3.12 | 2.59 | 3.44 | 3.10 | 3.10 | |
| Quick ratio | 1.72 | 1.81 | 1.69 | 2.53 | 2.42 | 2.42 | |
| Debt / equity | 0.27 | 0.38 | 0.18 | 0.14 | 0.13 | 0.13 | |
| Debt / assets | 18.0% | 23.4% | 12.7% | 10.4% | 9.2% | 9.2% | |
| Net debt / EBITDA | 0.54 | 1.00 | 0.42 | -0.19 | -0.30 | -0.30 | |
| Interest coverage | 44.83 | 24.30 | 24.87 | 125.28 | 66.24 | — | |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 | TTM | Trend |
|---|---|---|---|---|---|---|---|
| EFFICIENCY | |||||||
| Asset turnover | 0.73 | 0.71 | 0.69 | 0.68 | 0.66 | 0.63 | |
| Receivables turnover | 6.01 | 6.59 | 6.08 | 5.79 | 5.72 | 5.5 | |
| DSO (days) | 61 | 55 | 60 | 63 | 64 | 67 | |
| DPO (days) | 35 | 30 | 35 | 45 | 49 | 51 | |
| Cash conversion cycle | 167 | 195 | 187 | 171 | 171 | 173 | |
| GROWTH (YoY) | |||||||
| Revenue growth | 11.9% | 18.0% | 10.9% | 9.8% | 9.9% | — | |
| Net income growth | 64.3% | 15.2% | 13.7% | 37.2% | 8.8% | — | |
| EPS growth | 63.8% | 14.7% | 13.8% | 37.7% | 10.3% | — | |
| FCF growth | -68.5% | 186.7% | 130.0% | 28.9% | 74.2% | — | |
| PER SHARE ($) | |||||||
| EPS (diluted, TTM) | 5.30 | 6.08 | 6.92 | 9.53 | 10.51 | 10.53 | |
| Book value / share | 22.86 | 27.99 | 32.97 | 40.59 | 45.42 | 45.51 | |
| Revenue / share | 24.34 | 28.62 | 31.76 | 35.00 | 39.00 | 39.07 | |
| FCF / share | 1.33 | 3.79 | 8.72 | 11.28 | 19.93 | 19.97 | |
| Cash / share | 1.86 | 1.54 | 1.62 | 8.23 | 10.13 | 10.15 | |
| SHAREHOLDER RETURN & SCORES | |||||||
| Buyback yield | 0.0% | 0.0% | 0.5% | 0.8% | 4.2% | 4.25% | |
| Altman Z-Score | 12.96 | 9.56 | 10.91 | 12.99 | 9.98 | 11.3 | |
| Piotroski F-Score | 6 | 4 | 8 | 9 | 7 | 6/9 | |
| Beneish M-Score | -2.17 | -2.00 | -2.58 | -2.55 | -3.29 | -3.29 | |
| Model | Score | Zone | Note |
|---|---|---|---|
| Piotroski F-Score | 6 / 9 | Middling | |
| Altman Z-Score | 11.3 | Safe (>2.99) | Safe |
| Income quality | 1.19 | Cash-backed | OCF ÷ net income |
| Beneish M-Score | -3.29 | Non-manipulator | vs −2.22 threshold |
| DuPont Decomposition (TTM) | Value |
|---|---|
| Tax burden | 0.79 |
| Interest burden | 1.00 |
| Operating margin | 34.0% |
| Asset turnover | 0.66× |
| Financial leverage | 1.37× |
| = ROE | 24% |
| Growth Quality (live) | Value |
|---|---|
| Revenue stability | 1.00 |
| Earnings stability | 0.97 |
| Earnings persistence | 0.96 |
| Revenue CAGR 3y | 10.2% |
| EPS CAGR 3y | 20.0% |
| FCF CAGR 3y | 72.9% |
| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | Piotroski | 1-yr ret |
|---|---|---|---|---|---|---|---|
| MDLN | $31.5B | 41.8 | 3% | 0.8% | — | 4/9 | -12.3% |
| WST | $27.0B | 48.8 | 19% | 17.7% | +12.4% | 9/9 | +43.8% |
| BDX | $52.2B | 57.8 | 4% | 7.6% | -2.6% | 6/9 | +4.0% |
| HOLX | $17.0B | 30.3 | 11% | 17.1% | +2.2% | 6/9 | +13.2% |
| SOLV | $14.6B | 10.4 | 34% | 4.2% | -0.9% | 7/9 | — |
| BAX | $13.1B | -12.4 | -16% | 4.3% | +5.4% | 3/9 | — |
| RGEN | $11.1B | 237.1 | 2% | 2.5% | +16.5% | 8/9 | — |
| AVTR | $11.1B | -19.6 | -10% | 2.3% | -1.6% | 6/9 | — |
| Consensus estimates | Revenue mean | High / Low | EPS mean | High / Low | # EPS est. |
|---|---|---|---|---|---|
| FY2026 | $5.65B | $5.66B / $5.64B | $11.13 | $11.23 / $11.08 | 8 |
| FY2027 | $5.81B | $6.04B / $5.76B | $12.10 | $12.26 / $11.76 | 14 |
| FY2028 | $6.19B | $6.54B / $6.02B | $13.30 | $13.65 / $13.11 | 14 |
| Window | Avg Target | vs. Price | # Targets |
|---|---|---|---|
| Last Month | $240.00 | +0.4% | 1 |
| Last Quarter | $252.43 | +5.6% | 7 |
| Last Year | $266.83 | +11.7% | 29 |
| All Time | $256.71 | +7.4% | 48 |
| Moving Average | Value | Distance | % Distance | Signal |
|---|---|---|---|---|
| SMA 20 | $226.51 | +12.46 | +5.50% | Above |
| SMA 50 | $226.86 | +12.11 | +5.34% | Above |
| SMA 200 | $224.89 | +14.08 | +6.26% | Above |
| EMA 9 | $233.59 | +5.38 | +2.30% | Above |
| EMA 21 | $229.21 | +9.76 | +4.26% | Above |
| EMA 50 | $224.70 | +14.27 | +6.35% | Above |
| EMA 200 | $225.24 | +13.73 | +6.10% | Above |
| Level | Value | Level | Value |
|---|---|---|---|
| Pivot / R1 / R2 | $240.92 / $243.94 / $245.65 | S1 / S2 | $239.21 / $236.19 |
| Bollinger (20,2) | $212.98 – $240.04 | Squeeze | Off |
| 52-wk range | $180.27 – $277.03 | Off 52-wk high | -13.7% |
| ATR (14) | $5.35 (2.2%) | Historical vol | 19.1% |
| Computed from live weekly prices | RMD | S&P 500 |
|---|---|---|
| Weekly volatility (σ, 1y) | 3.76% | 1.83% |
| Best / worst week (1y) | +11.1% / -10.4% | — |
| Max drawdown (5y, monthly) | -51.3% | — |
| 1-week VaR (95%) | -7.8% | — |
| Beta (5y) | 0.77 | 1.00 |
| Reading | RMD | Medical - Instruments & Supplies n=284 | Healthcare n=5,272 | All US symbols n=70,435 |
|---|---|---|---|---|
| Overall | +26.6 | -10.3 | -24.0 | -20.5 |
| Trend | +46.1 | +0.7 | -25.6 | -21.3 |
| Momentum | +65.6 | -1.1 | -28.5 | -15.8 |
| Volume | +42.1 | +17.1 | -25.0 | -3.8 |
| Executive | Total comp | Structure |
|---|---|---|
| Michael Farrell Chief executive officer | $7.5M | 88% equity+incentive |
| Rob Douglas President and chief operating of | $5.2M | 48% equity+incentive |
| Brett Sandercock Chief financial officer | $2.5M | 82% equity+incentive |
| Jim Hollingshead President – Americas | $2.4M | 62% equity+incentive |
| David Pendarvis Chief administrative officer | $2.4M | 61% equity+incentive |
| Pillar (live disclosure scores) | Score |
|---|---|
| Environmental | 65 |
| Social | 68 |
| Governance | 63 |
| Composite ESG | 65 |
Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.
| Data domain | Source | Coverage for this report |
|---|---|---|
| Price & volume | market_db.historical_prices | 52 rows |
| Fundamentals | income_statements_annual | 6 rows · 2021 to 2026 |
| Reported vs consensus | fact/earnings_calendar | 24 rows · 2020-10-29 to 2026-08-06 |
| Analyst estimates | dim/forward_estimates | 3 rows · 2026-06-30 to 2028-06-30 |
| Institutional ownership (13F) | holdings_db.institutional_ownership_summary | 113 rows · 1998 to 2026 |
| Insider transactions (Form 4) | edgar/form4 | 12 rows · 2026-08-07 to 2026-10-07 |
| Proposed sales (Form 144) | edgar/form144 | not present for this symbol |
| Beneficial ownership (13D/G) | edgar/13dg | not present for this symbol |
| Short-sale volume (FINRA) | edgar/short_volume_daily | 60 rows · 2026-07-23 to 2026-10-15 |
| Dark pool (ATS, tier 1) | edgar/darkpool_weekly | 12 rows · 2026-06-15 to 2026-08-31 |
| ETF & fund holding | etf_holdings_changelog (30d) | 1 record |
| Peer set | stock_peers_dynamic | 8 rows |
| Industry medians | industry_medians | 1 record |
| Congressional trades | congress_db (House + Senate) | 1 record |
| ESG | fact/esg_disclosures | 1 record |
Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.
Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.