Mercury Systems (NASDAQ:MRCY) EVP Sells 8,155 Shares

Mercury Systems Inc (NASDAQ:MRCY) EVP David Farnsworth sold 8,155 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $100.31, for a total transaction of $818,028.05. Following the completion of the sale, the executive vice president directly owned 124,579 shares of the company’s stock, valued at $12,496,519.49. The trade was a 6.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Stock Performance

Shares of Mercury Systems stock traded down $2.87 during mid-day trading on Friday, hitting $91.36. 1,117,619 shares of the stock were exchanged, compared to its average volume of 675,344. Mercury Systems Inc has a 12 month low of $65.04 and a 12 month high of $128.45. The company has a 50-day simple moving average of $108.12 and a 200 day simple moving average of $94.88. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.15 and a current ratio of 2.96. The company has a market capitalization of $5.49 billion, a P/E ratio of -182.72 and a beta of 0.95.

Mercury Systems (NASDAQ:MRCY) last released its earnings results on Tuesday, August 18th. The technology company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.01). The business had revenue of $289.78 million during the quarter, compared to the consensus estimate of $266.09 million. Mercury Systems had a negative net margin of 3.02% and a positive return on equity of 1.29%. The business’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.47 earnings per share. Sell-side analysts anticipate that Mercury Systems Inc will post 0.77 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MRCY. BlackRock Inc. bought a new stake in Mercury Systems in the 2nd quarter valued at about $1,146,342,000. State Street Corp lifted its stake 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 valued at $249,957,000 after buying an additional 368,242 shares in the last quarter. Invesco Ltd. boosted its holdings in Mercury Systems by 25.1% in the 4th quarter. Invesco Ltd. now owns 1,910,742 shares of the technology company’s stock worth $139,503,000 after buying an additional 383,299 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in Mercury Systems by 1.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,542,851 shares of the technology company’s stock worth $112,644,000 after buying an additional 21,182 shares during the period. Finally, Geode Capital Management LLC grew its stake in Mercury Systems by 3.6% in the 4th quarter. Geode Capital Management LLC now owns 1,368,659 shares of the technology company’s stock valued at $99,940,000 after buying an additional 47,174 shares in the last quarter. Hedge funds and other institutional investors own 95.99% of the company’s stock.

Analysts Set New Price Targets

MRCY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft cut Mercury Systems to a “hold” rating in a research note on Wednesday, August 12th. Wall Street Zen downgraded shares of Mercury Systems from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Mercury Systems in a research note on Friday, July 17th. Truist Financial boosted their target price on shares of Mercury Systems from $109.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Canaccord Genuity Group raised their price target on shares of Mercury Systems from $106.00 to $128.00 and gave the stock a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Mercury Systems has a consensus rating of “Hold” and a consensus target price of $110.10.

Mercury Systems News Summary

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

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.