Deepwater Asset Management LLC Makes New Investment in Mercury Systems Inc $MRCY

Posted by Geri Gentry on Jun 8th, 2026

Deepwater Asset Management LLC bought a new position in shares of Mercury Systems Inc (NASDAQ:MRCY – Free Report) during the fourth quarter, HoldingsChannel.com reports. The firm bought 67,461 shares of the technology company’s stock, valued at approximately $4,925,000. Mercury Systems accounts for approximately 1.4% of Deepwater Asset Management LLC’s portfolio, making the stock its 27th biggest position.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MRCY. Osaic Holdings Inc. grew its position in shares of Mercury Systems by 53.2% during the 2nd quarter. Osaic Holdings Inc. now owns 599 shares of the technology company’s stock worth $32,000 after purchasing an additional 208 shares in the last quarter. Leonteq Securities AG acquired a new position in shares of Mercury Systems during the 4th quarter worth approximately $35,000. Federated Hermes Inc. acquired a new position in shares of Mercury Systems during the 2nd quarter worth approximately $43,000. AlphaQuest LLC grew its position in shares of Mercury Systems by 41.9% during the 3rd quarter. AlphaQuest LLC now owns 569 shares of the technology company’s stock worth $44,000 after purchasing an additional 168 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Mercury Systems by 33.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 929 shares of the technology company’s stock worth $50,000 after acquiring an additional 234 shares during the period. Institutional investors and hedge funds own 95.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Truist Financial raised shares of Mercury Systems to a “strong-buy” rating in a report on Friday, May 1st. Jefferies Financial Group reaffirmed a “hold” rating and set a $105.00 price target on shares of Mercury Systems in a report on Monday, June 1st. Canaccord Genuity Group upped their price target on shares of Mercury Systems from $102.00 to $106.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Mercury Systems in a report on Tuesday, April 21st. Finally, The Goldman Sachs Group upped their price target on shares of Mercury Systems from $60.00 to $68.00 and gave the stock a “sell” rating in a report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $91.00.

Read Our Latest Report on MRCY

Mercury Systems Stock Performance

Shares of Mercury Systems stock opened at $111.27 on Monday. The company has a 50 day moving average of $88.28 and a 200-day moving average of $84.31. Mercury Systems Inc has a 1-year low of $48.75 and a 1-year high of $118.57. The company has a current ratio of 3.19, a quick ratio of 2.15 and a debt-to-equity ratio of 0.40. The company has a market cap of $6.68 billion, a PE ratio of -463.63 and a beta of 0.94.

Mercury Systems (NASDAQ:MRCY – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.06 by $0.21. The business had revenue of $235.76 million during the quarter, compared to the consensus estimate of $208.56 million. Mercury Systems had a negative net margin of 1.46% and a positive return on equity of 2.22%. The firm’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.06 EPS. As a group, equities research analysts forecast that Mercury Systems Inc will post 0.18 earnings per share for the current fiscal year.

Insider Activity at Mercury Systems

In related news, Director Orlando D. Carvalho sold 7,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $89.36, for a total value of $625,520.00. Following the completion of the transaction, the director owned 52,448 shares of the company’s stock, valued at $4,686,753.28. This represents a 11.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP David E. Farnsworth sold 3,625 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $84.87, for a total transaction of $307,653.75. Following the completion of the transaction, the executive vice president directly owned 157,701 shares of the company’s stock, valued at approximately $13,384,083.87. The trade was a 2.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 21,875 shares of company stock worth $2,040,874 in the last 90 days. 1.40% of the stock is currently owned by company insiders.

Mercury Systems Profile

(Free Report)

Mercury Systems, Inc (NASDAQ: MRCY) is a technology company that designs, manufactures and markets secure processing subsystems for aerospace and defense applications. The company’s products are built to address the stringent security, safety and reliability requirements of mission-critical programs, with a focus on radar, electronic warfare, intelligence and other sensor and processing functions. Mercury’s offerings encompass rugged embedded computing modules, high-performance radio frequency (RF) and microwave components, digital signal processing subsystems and secure networking solutions.

Since its origins in advanced signal processing, Mercury Systems has expanded its capabilities through a combination of internal development and targeted acquisitions.