Insider Selling: Mercury Systems (NASDAQ:MRCY) CEO Sells $2,149,716.70 in Stock

Mercury Systems Inc (NASDAQ:MRCY) CEO William Ballhaus sold 22,010 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $97.67, for a total value of $2,149,716.70. Following the completion of the sale, the chief executive officer directly owned 228,197 shares in the company, valued at approximately $22,288,000.99. The trade was a 8.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 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 hours on Friday, reaching $91.36. 1,117,619 shares of the company traded hands, compared to its average volume of 675,344. 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’s 50-day moving average is $108.12 and its 200-day moving average is $94.88. The stock has a market cap of $5.49 billion, a P/E ratio of -182.72 and a beta of 0.95. Mercury Systems Inc has a 1-year low of $65.04 and a 1-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 analysts’ consensus estimates of $0.38 by ($0.01). Mercury Systems had a positive return on equity of 1.29% and a negative net margin of 3.02%.The company had revenue of $289.78 million during the quarter, compared to analyst estimates of $266.09 million. During the same period last year, the firm earned $0.47 earnings per share. The business’s revenue was up 6.1% compared to the same quarter last year. Equities research analysts expect that Mercury Systems Inc will post 0.77 earnings per share for the current fiscal year.

Institutional Trading of Mercury Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Mercury Systems during the 2nd quarter valued at about $1,146,342,000. State Street Corp lifted its holdings in shares of Mercury Systems by 12.1% during the 4th quarter. State Street Corp now owns 3,423,600 shares of the technology company’s stock worth $249,957,000 after acquiring an additional 368,242 shares during the period. Invesco Ltd. boosted its position in shares of Mercury Systems by 25.1% in the fourth quarter. Invesco Ltd. now owns 1,910,742 shares of the technology company’s stock worth $139,503,000 after acquiring an additional 383,299 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of Mercury Systems by 1.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,542,851 shares of the technology company’s stock worth $112,644,000 after acquiring an additional 21,182 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Mercury Systems by 3.6% in the fourth quarter. Geode Capital Management LLC now owns 1,368,659 shares of the technology company’s stock valued at $99,940,000 after purchasing an additional 47,174 shares during the period. Hedge funds and other institutional investors own 95.99% of the company’s stock.

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on MRCY. Deutsche Bank Aktiengesellschaft cut shares of Mercury Systems to a “hold” rating in a research note on Wednesday, August 12th. Jefferies Financial Group reissued a “hold” rating and set a $115.00 price objective on shares of Mercury Systems in a research note on Friday, July 10th. The Goldman Sachs Group raised their target price on shares of Mercury Systems from $60.00 to $68.00 and gave the stock a “sell” rating in a research report on Monday, May 11th. Canaccord Genuity Group lifted their target price on shares of Mercury Systems from $106.00 to $128.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Truist Financial boosted their price target on Mercury Systems from $109.00 to $120.00 and gave the company a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Mercury Systems currently has a consensus rating of “Hold” and a consensus target price of $110.10.

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.