Merit Medical Systems INC

• CC Conestoga Capital Advisors 3Q26 Quarterly Commentary ↗ Conestoga argues that elevated inflation, higher Treasury yields and shifting Federal Reserve expectations are moving market leadership toward durable, high-quality growth businesses. The firm added Allegro Microsystems, Cavco and VSE while exiting Bright Horizons and Workiva, citing semiconductor content growth, affordable-housing demand, aviation aftermarket demand and changing AI-disruption risks. 3Q26 AAON $5.7BALGM $6.3BBFAM $2.6B +13

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