Steven Ratner Sells 4,000 Shares of Mercury Systems (NASDAQ:MRCY) Stock

Mercury Systems Inc (NASDAQ:MRCY) EVP Steven Ratner sold 4,000 shares of the business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $84.51, for a total transaction of $338,040.00. Following the completion of the sale, the executive vice president owned 19,275 shares in the company, valued at approximately $1,628,930.25. This trade represents a 17.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Steven Ratner also recently made the following trade(s):

• On Friday, August 21st, Steven Ratner sold 356 shares of Mercury Systems stock. The stock was sold at an average price of $91.36, for a total transaction of $32,524.16.
• On Thursday, August 20th, Steven Ratner sold 1,026 shares of Mercury Systems stock. The shares were sold at an average price of $97.67, for a total transaction of $100,209.42.
• On Wednesday, August 19th, Steven Ratner sold 2,187 shares of Mercury Systems stock. The stock was sold at an average price of $100.31, for a total transaction of $219,377.97.
• On Tuesday, August 18th, Steven Ratner sold 1,971 shares of Mercury Systems stock. The stock was sold at an average price of $111.36, for a total transaction of $219,490.56.
• On Monday, August 17th, Steven Ratner sold 1,084 shares of Mercury Systems stock. The shares were sold at an average price of $109.95, for a total transaction of $119,185.80.

Mercury Systems Stock Down 0.4%

Shares of NASDAQ MRCY opened at $80.43 on Friday. The company has a quick ratio of 1.85, a current ratio of 2.96 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average is $99.47 and its two-hundred day moving average is $94.95. Mercury Systems Inc has a 52-week low of $65.04 and a 52-week high of $128.45. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of -160.86 and a beta of 0.98.

Mercury Systems (NASDAQ:MRCY) last released its quarterly earnings results on Tuesday, August 18th. The technology company reported $0.37 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $266.09 million. During the same quarter in the prior year, the business earned $0.47 earnings per share. The company’s quarterly revenue was up 6.1% on a year-over-year basis. Research analysts predict that Mercury Systems Inc will post 0.91 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MRCY. Zacks Research downgraded Mercury Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Piper Sandler reissued an “overweight” rating and issued a $131.00 price objective (up from $126.00) on shares of Mercury Systems in a research note on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft downgraded shares of Mercury Systems to a “hold” rating in a research note on Wednesday, August 12th. Truist Financial raised their price target on shares of Mercury Systems from $109.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Finally, Weiss Ratings raised Mercury Systems from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, August 24th. One 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $110.10.

Institutional Investors Weigh In On Mercury Systems

Large investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio purchased a new position in Mercury Systems in the second quarter valued at $43,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Mercury Systems during the 2nd quarter worth about $52,000. IFP Advisors Inc boosted its position in shares of Mercury Systems by 250.8% during the 2nd quarter. IFP Advisors Inc now owns 463 shares of the technology company’s stock worth $57,000 after acquiring an additional 331 shares in the last quarter. Leonteq Securities AG acquired a new position in shares of Mercury Systems during the 4th quarter worth about $35,000. Finally, Hollencrest Capital Management purchased a new position in shares of Mercury Systems in the 4th quarter valued at about $37,000. 95.99% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Mercury Systems

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

• Positive Sentiment: Zacks raised several forward earnings estimates. Forecasts increased for Q1 2027 EPS to $0.12 from $0.09, Q2 2027 EPS to $0.15 from $0.11, Q3 2027 EPS to $0.22 from $0.20 and Q4 2027 EPS to $0.33 from $0.29. FY2027 EPS was raised to $0.83 from $0.67, suggesting improved expectations for the company’s medium-term earnings trajectory. Mercury Systems analyst estimates
• Neutral Sentiment: Other Zacks revisions were mixed. Estimates were trimmed for Q2 2028 EPS to $0.27 from $0.28, Q3 2028 EPS to $0.32 from $0.33, Q4 2028 EPS to $0.40 from $0.42 and FY2028 EPS to $1.23 from $1.25. Zacks maintained a “Hold” rating, while its newly issued FY2029 estimate stands at $1.46 EPS. Zacks Research estimates for Mercury Systems
• Neutral Sentiment: Reported short-interest data showed no measurable short position. The update listed zero shares sold short and a zero-day days-to-cover ratio, but the reported figures appear anomalous and provide little actionable information for investors.
• Negative Sentiment: Executive selling may weigh on sentiment. EVP Steven Ratner sold 4,000 shares for approximately $338,000, reducing his direct holdings by 17.19%. The transaction follows several smaller sales in August, although insider transactions do not necessarily indicate a change in the company’s fundamentals. Steven Ratner sells Mercury Systems shares

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.