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

Mercury Systems Inc (NASDAQ:MRCY) CEO William Ballhaus sold 26,802 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $100.31, for a total transaction of $2,688,508.62. Following the sale, the chief executive officer owned 250,207 shares of the company’s stock, valued at $25,098,264.17. This trade represents a 9.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Price Performance

Shares of NASDAQ MRCY opened at $91.36 on Friday. The business’s 50 day moving average is $107.54 and its 200-day moving average is $94.85. The firm 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. The company has a current ratio of 2.96, a quick ratio of 2.15 and a debt-to-equity ratio of 0.29.

Mercury Systems (NASDAQ:MRCY) last announced its 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). Mercury Systems had a negative net margin of 3.02% and a positive return on equity of 1.29%. The business had revenue of $289.78 million during the quarter, compared to the consensus estimate of $266.09 million. During the same period in the previous year, the firm posted $0.47 EPS. The company’s revenue was up 6.1% compared to the same quarter last year. Equities research analysts predict that Mercury Systems Inc will post 0.77 earnings per share for the current year.

Institutional Trading of Mercury Systems

Large investors have recently bought and sold shares of the business. Maryland State Retirement & Pension System lifted its stake in shares of Mercury Systems by 1.8% in the 4th 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 period. GAMMA Investing LLC lifted its stake in Mercury Systems by 8.5% during the 2nd 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 grew its stake in shares of 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 acquiring an additional 187 shares in the last quarter. Arizona State Retirement System lifted its position in shares of Mercury Systems by 1.3% during 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 in the last quarter. Finally, Focus Partners Wealth boosted its holdings in Mercury Systems by 3.0% during the third quarter. Focus Partners Wealth now owns 6,929 shares of the technology company’s stock worth $536,000 after purchasing an additional 199 shares during the last quarter. 95.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on MRCY. Wall Street Zen lowered Mercury Systems from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Zacks Research cut Mercury Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada upped their price objective on shares of Mercury Systems from $105.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday. Canaccord Genuity Group boosted their target price on shares of Mercury Systems from $106.00 to $128.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Robert W. Baird increased their price target on shares of Mercury Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.10.

More Mercury Systems News

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

• Positive Sentiment: Mercury Systems reported record 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, a 38.4% increase, providing stronger revenue visibility as production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Revenue increased 6.1% year over year to approximately $290 million, exceeding the roughly $266 million analyst estimate. RBC raised its target to $120, Piper Sandler lifted its target to $131 while maintaining an Overweight rating, and Baird also forecast substantial upside. Robert W. Baird Forecasts Strong Price Appreciation
• Neutral Sentiment: CEO William Ballhaus and several executives sold shares in transactions from August 17–20. The sales totaled several million dollars, but SEC filings said they were intended to cover tax withholding on vested equity awards. That reduces their value as a bearish signal, although no insider purchases were reported. Mercury Systems SEC 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, while adjusted EBITDA declined to $49 million from $51 million and free cash flow fell to $29 million from $34 million. The earnings shortfall appears to have outweighed the strong bookings and revenue figures. Mercury Systems Drops as EPS Miss Overshadows Record Bookings
• Negative Sentiment: Investors are also evaluating Mercury’s exposure to semiconductor-price volatility. Because many contracts are fixed-price, higher component costs could pressure margins before the company can adjust pricing or supply arrangements. Mercury Systems Fixed-Price 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.