William Ballhaus Sells 24,144 Shares of Mercury Systems (NASDAQ:MRCY) Stock

Mercury Systems Inc (NASDAQ:MRCY) CEO William Ballhaus sold 24,144 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $111.36, for a total value of $2,688,675.84. Following the completion of the sale, the chief executive officer owned 277,009 shares of the company’s stock, valued at approximately $30,847,722.24. This trade represents a 8.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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.

Mercury Systems Trading Down 6.9%

Shares of MRCY stock opened at $94.23 on Friday. Mercury Systems Inc has a 12 month low of $64.05 and a 12 month high of $128.45. The company has a market cap 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. The business’s 50 day moving average is $108.12 and its two-hundred day moving average is $94.88.

Mercury Systems (NASDAQ:MRCY) last issued its quarterly earnings data 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 firm had revenue of $289.78 million during the quarter, compared to analyst estimates of $266.09 million. During the same quarter in the previous year, the firm posted $0.47 earnings per share. Mercury Systems’s quarterly revenue was up 6.1% compared to the same quarter last year. Equities analysts predict that Mercury Systems Inc will post 0.77 EPS for the current year.

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MRCY. Maryland State Retirement & Pension System grew its stake in shares of Mercury Systems by 1.8% in the fourth quarter. Maryland State Retirement & Pension System now owns 7,714 shares of the technology company’s stock worth $563,000 after acquiring an additional 134 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Mercury Systems by 8.5% in the second quarter. GAMMA Investing LLC now owns 1,984 shares of the technology company’s stock valued at $243,000 after acquiring an additional 155 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Mercury Systems by 1.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 12,058 shares of the technology company’s stock valued at $880,000 after purchasing an additional 187 shares during the period. Arizona State Retirement System boosted its holdings in Mercury Systems by 1.3% in the fourth quarter. Arizona State Retirement System now owns 15,211 shares of the technology company’s stock valued at $1,111,000 after purchasing an additional 195 shares during the period. Finally, Focus Partners Wealth grew 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 worth $536,000 after purchasing an additional 199 shares in the last quarter. Institutional investors and hedge funds own 95.99% of the company’s stock.

Wall Street Analyst Weigh In

MRCY has been the topic of a number of recent analyst reports. Royal Bank Of Canada lifted their price objective on Mercury Systems from $105.00 to $120.00 and gave the stock an “outperform” rating in a research note on Wednesday. Truist Financial raised their target price on Mercury Systems from $109.00 to $120.00 and gave the company a “buy” rating in a report on Thursday. Canaccord Genuity Group lifted their price target on Mercury Systems from $106.00 to $128.00 and gave the stock a “buy” rating in a research report on Thursday. Zacks Research downgraded Mercury Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Finally, Robert W. Baird upped their price target on Mercury Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Mercury Systems presently has an average rating of “Hold” and an average target price of $110.10.

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.