Mercury Systems (NASDAQ:MRCY) CEO Sells $388,783.20 in Stock

Mercury Systems Inc (NASDAQ:MRCY) CEO William Ballhaus sold 3,536 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $109.95, for a total value of $388,783.20. Following the transaction, the chief executive officer owned 301,153 shares of the company’s stock, valued at approximately $33,111,772.35. This represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Stock Performance

MRCY traded down $3.75 during trading hours on Wednesday, hitting $101.25. The company’s stock had a trading volume of 1,723,371 shares, compared to its average volume of 669,717. Mercury Systems Inc has a fifty-two week low of $62.78 and a fifty-two week high of $128.45. 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 firm has a market capitalization of $6.08 billion, a PE ratio of -421.88 and a beta of 0.95. The company has a 50-day simple moving average of $108.73 and a 200 day simple moving average of $94.85.

Mercury Systems (NASDAQ:MRCY) last announced its quarterly earnings results on Tuesday, August 18th. The technology company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). The business had revenue of $289.78 million for the quarter, compared to analyst estimates of $266.09 million. Mercury Systems had a positive return on equity of 2.22% and a negative net margin of 1.46%.The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.47 EPS. As a group, sell-side analysts expect that Mercury Systems Inc will post 0.33 EPS for the current year.

Key Stories Impacting Mercury Systems

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

• Positive Sentiment: Record fourth-quarter bookings rose 93.1% year over year to approximately $660 million, producing a 2.28 book-to-bill ratio. Backlog exceeded $1.9 billion, up 38.4% year over year, improving visibility as production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Fourth-quarter revenue increased 6.1% to roughly $290 million, exceeding analyst expectations near $266 million. Management’s fiscal 2027 targets point to low-double-digit revenue growth and potentially stronger performance ahead. Mercury Systems Q4 Earnings in Line, Revenues Top on Bookings
• Positive Sentiment: Several analysts raised their outlooks after the results. RBC increased its price target to $120 with an “outperform” rating, while Baird raised its target to $130 and Piper Sandler lifted its “overweight” target to $131. These Analysts Raise Their Forecasts on Mercury Systems After Q4 Results
• Neutral Sentiment: The broader market backdrop was mixed, with investors also monitoring geopolitical developments and technology stocks, potentially adding volatility to MRCY’s post-earnings reaction. Stock Market Futures Mixed
• Negative Sentiment: Adjusted EPS was $0.37, slightly below the $0.38 consensus and down from $0.47 a year earlier. GAAP EPS fell to approximately $0.01 from $0.27, while adjusted EBITDA declined to $49 million from $51 million. Lower profitability overshadowed the demand signals. Mercury Systems Drops as Q4 EPS Miss Overshadows Record Bookings
• Negative Sentiment: Fourth-quarter free cash flow eased to $29 million from $34 million, and full-year operating and free cash flow were below fiscal 2025 levels. Reported insider activity also showed sales and no open-market purchases in the past six months, adding a cautious signal.

Wall Street Analyst Weigh In

A number of analysts have commented on MRCY shares. Deutsche Bank Aktiengesellschaft downgraded shares of Mercury Systems to a “hold” rating in a research report on Wednesday, August 12th. Canaccord Genuity Group raised their price objective on shares of Mercury Systems from $102.00 to $106.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Wall Street Zen cut Mercury Systems from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Robert W. Baird upped their target price on Mercury Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Truist Financial raised Mercury Systems to a “strong-buy” rating in a research note on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $106.80.

Institutional Investors Weigh In On Mercury Systems

Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in Mercury Systems during the second quarter worth approximately $1,146,342,000. Invesco Ltd. lifted its position in shares of Mercury Systems by 161.7% during the 3rd quarter. Invesco Ltd. now owns 1,527,443 shares of the technology company’s stock valued at $118,224,000 after acquiring an additional 943,736 shares during the last quarter. Bamco Inc. NY bought a new stake in shares of Mercury Systems during the 2nd quarter worth $74,244,000. American Capital Management Inc. bought a new stake in shares of Mercury Systems during the 2nd quarter worth $59,460,000. Finally, William Blair Investment Management LLC acquired a new position in shares of Mercury Systems in the 2nd quarter worth $46,453,000. 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.