Mercury Systems (NASDAQ:MRCY) CEO William Ballhaus Sells 26,802 Shares

Mercury Systems Inc (NASDAQ:MRCY) CEO William Ballhaus sold 26,802 shares of Mercury Systems stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $100.31, for a total value of $2,688,508.62. Following the sale, the chief executive officer directly owned 250,207 shares of the company’s stock, valued at $25,098,264.17. This represents a 9.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Price Performance

NASDAQ MRCY traded down $2.87 during trading on Friday, reaching $91.36. The company’s stock had a trading volume of 1,117,619 shares, compared to its average volume of 675,344. The stock has a market capitalization of $5.49 billion, a PE ratio of -182.72 and a beta of 0.95. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.96 and a quick ratio of 2.15. The firm has a fifty day moving average of $108.12 and a 200 day moving average of $94.88. Mercury Systems Inc has a one year low of $65.04 and a one year high of $128.45.

Mercury Systems (NASDAQ:MRCY) last released its quarterly earnings results on Tuesday, August 18th. The technology company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). The business had revenue of $289.78 million during the quarter, compared to analysts’ expectations of $266.09 million. Mercury Systems had a negative net margin of 3.02% and a positive return on equity of 1.29%. The business’s revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.47 EPS. Analysts expect that Mercury Systems Inc will post 0.77 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wall Street Zen cut shares of Mercury Systems from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. JPMorgan Chase & Co. raised their price objective 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. Canaccord Genuity Group lifted their price objective on shares of Mercury Systems from $106.00 to $128.00 and gave the stock a “buy” rating in a report on Thursday. Royal Bank Of Canada upped their target price on shares of Mercury Systems from $105.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Zacks Research cut Mercury Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $110.10.

Mercury Systems News Roundup

Here are the key news stories impacting Mercury Systems this week:

• Positive Sentiment: Mercury reported record fourth-quarter bookings of approximately $660 million, up 93% year over year, with a 2.28 book-to-bill ratio. Backlog surpassed $1.9 billion, rising 38.4% and improving longer-term revenue visibility. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Revenue increased 6.1% year over year to approximately $289.8 million, well above the roughly $266.1 million analyst estimate. RBC raised its price target to $120, while Piper Sandler lifted its target to $131 and reaffirmed an “Overweight” rating; Baird also forecast substantial appreciation. Royal Bank of Canada Mercury Systems Forecast
• Positive Sentiment: A strategic alliance with Palantir Technologies is intended to automate material planning and factory operations for U.S. military programs. Investors may view the partnership as a potential catalyst for higher production throughput and shorter delivery times. Mercury Systems and Palantir Partnership
• Neutral Sentiment: Multiple executives sold shares in transactions totaling roughly $4.7 million. The filings say the sales covered tax withholding on vested equity awards, limiting their value as a bearish signal, although no insider purchases were reported. Mercury Systems Insider Trading Filing
• Negative Sentiment: Adjusted EPS was $0.37, narrowly missing the $0.38 consensus and falling from $0.47 a year earlier. GAAP EPS was $0.01, adjusted EBITDA declined to $49 million, and free cash flow fell to $29 million, overshadowing the strong bookings and revenue figures. Why Mercury Systems Is Down
• Negative Sentiment: Mercury’s fixed-price contracts expose margins to volatility in advanced semiconductor costs. Rising component expenses could pressure profitability before the company can adjust pricing or supply arrangements. Mercury Systems Fixed-Price Contract Risk

Institutional Trading of Mercury Systems

Hedge funds and other institutional investors have recently bought and sold shares of the company. Maryland State Retirement & Pension System raised its holdings in shares of Mercury Systems by 1.8% during the fourth quarter. Maryland State Retirement & Pension System now owns 7,714 shares of the technology company’s stock valued at $563,000 after purchasing an additional 134 shares during the last quarter. GAMMA Investing LLC grew its position in Mercury Systems by 8.5% in the 2nd quarter. GAMMA Investing LLC now owns 1,984 shares of the technology company’s stock worth $243,000 after purchasing an additional 155 shares during the period. Oregon Public Employees Retirement Fund grew its position in Mercury Systems by 1.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 12,058 shares of the technology company’s stock worth $880,000 after purchasing an additional 187 shares during the period. Arizona State Retirement System raised its stake in Mercury Systems by 1.3% during the 4th quarter. Arizona State Retirement System now owns 15,211 shares of the technology company’s stock valued at $1,111,000 after buying an additional 195 shares during the last quarter. Finally, Focus Partners Wealth raised its stake in Mercury Systems by 3.0% during the 3rd quarter. Focus Partners Wealth now owns 6,929 shares of the technology company’s stock valued at $536,000 after buying an additional 199 shares during the last quarter. Hedge funds and other institutional investors own 95.99% of the company’s stock.

About Mercury Systems

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.