Mercury Systems Inc (NASDAQ:MRCY – Get Free Report) EVP Steven Ratner sold 1,084 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $109.95, for a total transaction of $119,185.80. Following the transaction, the executive vice president directly owned 28,459 shares in the company, valued at approximately $3,129,067.05. This represents a 3.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Steven Ratner also recently made the following trade(s):
- On Tuesday, August 18th, Steven Ratner sold 1,971 shares of Mercury Systems stock. The shares were sold at an average price of $111.36, for a total transaction of $219,490.56.
Mercury Systems Stock Down 6.9%
Shares of NASDAQ MRCY opened at $94.23 on Friday. Mercury Systems Inc has a 52-week low of $64.05 and a 52-week high of $128.45. The firm has a fifty day moving average of $108.12 and a 200-day moving average of $94.88. The stock has a market capitalization of $5.67 billion, a PE ratio of -188.46 and a beta of 0.95. The company has a quick ratio of 2.15, a current ratio of 2.96 and a debt-to-equity ratio of 0.29.
Key Mercury Systems News
Here are the key news stories impacting Mercury Systems this week:
- Positive Sentiment: Mercury reported record fiscal fourth-quarter bookings of approximately $660 million, up 93.1% year over year, with a 2.28 book-to-bill ratio. Backlog surpassed $1.9 billion, improving revenue visibility as defense production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
- Positive Sentiment: Fourth-quarter revenue increased 6.1% to roughly $290 million, exceeding the approximately $266 million consensus estimate. RBC, Baird and Piper Sandler raised price targets while retaining positive ratings, citing expected low-double-digit growth. Mercury Systems Q4 Earnings
- Positive Sentiment: A strategic alliance with Palantir Technologies (NASDAQ: PLTR) will apply software to automate material planning and factory operations for U.S. military programs, potentially improving Mercury’s manufacturing throughput and delivery timelines. Mercury Systems and Palantir Partnership
- Neutral Sentiment: Multiple executives, including CEO William Ballhaus, sold shares totaling approximately $4.7 million. The filings indicate the transactions covered tax withholding on vested equity awards, limiting their significance as a bearish signal; no insider purchases were reported. Mercury Systems Insider Trading Filing
- Negative Sentiment: Adjusted EPS of $0.37 missed the $0.38 consensus and declined from $0.47 a year earlier. GAAP EPS was $0.01, while adjusted EBITDA and free cash flow also fell, overshadowing the bookings and revenue performance. Mercury Systems Earnings Reaction
- Negative Sentiment: Mercury’s fixed-price contracts expose margins to volatility in semiconductor and other component costs, raising concerns that higher input expenses could delay the expected earnings recovery. Mercury Systems Contract Risk
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. Robert W. Baird lifted their price objective on Mercury Systems from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Wednesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Mercury Systems in a research report on Friday, July 17th. Jefferies Financial Group restated a “hold” rating and issued a $115.00 price target on shares of Mercury Systems in a report on Friday, July 10th. JPMorgan Chase & Co. lifted their price target on shares of Mercury Systems from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Monday, July 13th. Finally, Royal Bank Of Canada boosted their price objective on shares of Mercury Systems from $105.00 to $120.00 and gave the stock an “outperform” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $110.10.
Get Our Latest Stock Report on MRCY
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC purchased a new position in shares of Mercury Systems in the first quarter valued at $755,000. Goldman Sachs Group Inc. increased its stake in Mercury Systems by 51.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 855,441 shares of the technology company’s stock worth $36,861,000 after buying an additional 290,989 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Mercury Systems by 13.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 159,617 shares of the technology company’s stock worth $6,878,000 after buying an additional 18,916 shares during the period. Jane Street Group LLC lifted its holdings in Mercury Systems by 161.3% in the 1st quarter. Jane Street Group LLC now owns 50,769 shares of the technology company’s stock worth $2,188,000 after buying an additional 31,337 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Mercury Systems by 30.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 124,973 shares of the technology company’s stock worth $6,731,000 after buying an additional 29,057 shares in the last quarter. 95.99% of the stock is owned by institutional investors and hedge funds.
Mercury Systems Company Profile
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.
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