Mercury Systems Inc (NASDAQ:MRCY – Get Free Report) CAO Douglas Munro sold 494 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $111.36, for a total transaction of $55,011.84. Following the transaction, the chief accounting officer directly owned 13,639 shares of the company’s stock, valued at approximately $1,518,839.04. This trade represents a 3.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Douglas Munro also recently made the following trade(s):
- On Monday, August 17th, Douglas Munro sold 404 shares of Mercury Systems stock. The stock was sold at an average price of $109.95, for a total transaction of $44,419.80.
Mercury Systems Trading Down 6.9%
Shares of NASDAQ:MRCY opened at $94.23 on Friday. The company has a market cap of $5.67 billion, a PE ratio of -188.46 and a beta of 0.95. The company’s 50-day moving average price is $108.12 and its 200 day moving average price is $94.88. Mercury Systems Inc has a fifty-two week low of $64.05 and a fifty-two week high of $128.45. The company has a quick ratio of 2.15, a current ratio of 2.96 and a debt-to-equity ratio of 0.29.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on Mercury Systems from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Canaccord Genuity Group lifted their target price on Mercury Systems from $106.00 to $128.00 and gave the company a “buy” rating in a research note on Thursday. Zacks Research lowered Mercury Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada increased their price target on Mercury Systems from $105.00 to $120.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, The Goldman Sachs Group raised their price target on Mercury Systems from $60.00 to $68.00 and gave the company a “sell” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $110.10.
View Our Latest Report on MRCY
Institutional Investors Weigh In On Mercury Systems
Institutional investors and hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio acquired a new position in shares of Mercury Systems in the 2nd quarter worth $43,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Mercury Systems during the second quarter valued at $52,000. Leonteq Securities AG purchased a new stake in shares of Mercury Systems during the fourth quarter valued at $35,000. Hollencrest Capital Management acquired a new position in shares of Mercury Systems in the 4th quarter valued at $37,000. Finally, Osaic Holdings Inc. increased its stake in Mercury Systems by 53.2% in 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. Institutional investors and hedge funds own 95.99% of the company’s stock.
More 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
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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