Stuart Kupinsky Sells 1,178 Shares of Mercury Systems (NASDAQ:MRCY) Stock

Mercury Systems Inc (NASDAQ:MRCY) EVP Stuart Kupinsky sold 1,178 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $111.36, for a total value of $131,182.08. Following the completion of the transaction, the executive vice president directly owned 58,660 shares of the company’s stock, valued at approximately $6,532,377.60. This trade represents a 1.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Stuart Kupinsky also recently made the following trade(s):

• On Monday, August 17th, Stuart Kupinsky sold 1,195 shares of Mercury Systems stock. The shares were sold at an average price of $109.95, for a total value of $131,390.25.

Mercury Systems Price Performance

NASDAQ MRCY traded down $3.75 during trading hours on Wednesday, reaching $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 1 year low of $62.78 and a 1 year high of $128.45. The company has a quick ratio of 2.15, a current ratio of 3.19 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $6.08 billion, a price-to-earnings ratio of -421.88 and a beta of 0.95. The firm’s 50-day moving average price is $108.73 and its 200-day moving average price is $94.85.

Mercury Systems (NASDAQ:MRCY) last announced its quarterly earnings data 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 1.46% and a positive return on equity of 2.22%. The company had revenue of $289.78 million for the quarter, compared to analysts’ expectations of $266.09 million. During the same period last year, the business earned $0.47 earnings per share. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. On average, equities research analysts predict that Mercury Systems Inc will post 0.33 EPS for the current fiscal year.

Mercury Systems News Summary

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.

Hedge Funds Weigh In On Mercury Systems

Institutional investors and hedge funds have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Mercury Systems by 5.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 122,585 shares of the technology company’s stock worth $14,996,000 after buying an additional 6,413 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Mercury Systems by 2.6% in the 2nd quarter. Wellington Management Group LLP now owns 775,502 shares of the technology company’s stock valued at $94,867,000 after acquiring an additional 19,977 shares during the last quarter. Beacon Pointe Advisors LLC bought a new position in shares of Mercury Systems in the 2nd quarter valued at about $372,000. Empowered Funds LLC purchased a new position in Mercury Systems in the second quarter worth about $233,000. Finally, Centaurus Financial Inc. bought a new stake in Mercury Systems during the second quarter worth approximately $415,000. 95.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the stock. Wall Street Zen cut shares of 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 report on Tuesday, August 4th. Canaccord Genuity Group boosted their target price on Mercury Systems from $102.00 to $106.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Truist Financial upgraded Mercury Systems to a “strong-buy” rating in a report on Friday, May 1st. Finally, Piper Sandler reaffirmed 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. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Mercury Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.80.

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.