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SRDX

Surmodics, Inc.

Investor Moves

NameValueActionChangePriceCurrent Price
Ken GriffinCitadel Advisors
$-10.9M
ExitQ4 2025
$11M
--
$42.98
Chuck RoyceRoyce & Associates
$-1.3M
ExitQ4 2025
$1M
--
$42.98
Mario GabelliGAMCO Investors
$-3.4M
ExitQ4 2025
$3M
--
$42.98
Ken GriffinCitadel Advisors
$9.1M
AddQ3 2025
$9M
--
$42.98
Trade SRDX

About Surmodics, Inc.

Surmodics, Inc., together with its affiliates, specializes in providing advanced surface modification solutions tailored for intravascular medical devices. Additionally, the company supplies specialized chemical components essential for in vitro diagnostic immunoassay tests and microarrays. Its operations span both the United States and international markets. The company is structured into two primary divisions: Medical Device and In Vitro Diagnostics (IVD). Within the Medical Device segment, Surmodics offers innovative coating technologies that are engineered to improve the accessibility, maneuverability, and reliable deployment of medical devices. This segment also develops drug-delivery coating systems, enabling precise, localized therapeutic release directly from a device's surface for applications in various areas, including coronary, peripheral, neuro-vascular, and structural heart procedures. Moreover, this division is involved in the design, development, and manufacturing of interventional medical instruments, notably balloons and catheters, including drug-coated balloons utilized in the treatment of peripheral arterial disease and other conditions. The IVD segment focuses on creating and producing foundational component products and technologies for diagnostic immunoassay, molecular testing, and biomedical research. Its portfolio in this area includes protein stabilization reagents, specialized substrates, surface coatings, and antigens. Surmodics was established in 1979 and maintains its corporate headquarters in Eden Prairie, Minnesota.

CEO
Gary R. Maharaj
IPO Date
Mar 4, 1998

Market Data

OpenThe first traded price for the current trading session.
$42.98
HighThe highest traded price in the current trading session.
$42.98
LowThe lowest traded price in the current trading session.
$42.98
VolumeTotal shares traded during the current trading session.
5.3M
Avg VolumeAverage number of shares traded per session, as reported by FMP.
436K
52W HighThe highest traded price over the past 52 weeks.
$43.00
52W LowThe lowest traded price over the past 52 weeks.
$25.87

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$614.5M
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$620.8M
Dividend YieldAnnualized dividend yield relative to the current share price.
0.00%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
-$3.2M
RevenueTotal sales from the latest annual income statement.
$126.1M
Net IncomeProfit after expenses and taxes from the latest annual income statement.
-$11.5M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$36.1M
DebtTotal debt from the latest balance sheet.
$33.2M

Events

EarningsApr 28

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