David Farnsworth Sells 7,347 Shares of Mercury Systems (NASDAQ:MRCY) Stock

Mercury Systems Inc (NASDAQ:MRCY) EVP David Farnsworth sold 7,347 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $111.36, for a total value of $818,161.92. Following the completion of the transaction, the executive vice president directly owned 132,734 shares in the company, valued at $14,781,258.24. The trade was a 5.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Price Performance

Shares of MRCY opened at $94.23 on Friday. 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 Inc has a 1 year low of $64.05 and a 1 year high of $128.45. The stock has a market cap of $5.67 billion, a P/E ratio of -188.46 and a beta of 0.95. The stock’s 50-day moving average price is $108.12 and its two-hundred day moving average price is $94.88.

Mercury Systems (NASDAQ:MRCY) last announced its quarterly earnings results on Tuesday, August 18th. The technology company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). The company 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% compared to the same quarter last year. During the same period last year, the company earned $0.47 earnings per share. On average, equities analysts predict that Mercury Systems Inc will post 0.77 earnings per share for the current year.

Hedge Funds Weigh In On Mercury Systems

Several hedge funds have recently modified their holdings of MRCY. BlackRock Inc. bought a new position in Mercury Systems in the second quarter valued at approximately $1,146,342,000. Invesco Ltd. increased its position in shares of Mercury Systems by 161.7% during the 3rd quarter. Invesco Ltd. now owns 1,527,443 shares of the technology company’s stock worth $118,224,000 after purchasing an additional 943,736 shares during the last quarter. Bamco Inc. NY bought a new stake in shares of Mercury Systems during the 2nd quarter worth approximately $74,244,000. American Capital Management Inc. bought a new stake in shares of Mercury Systems during the 2nd quarter worth approximately $59,460,000. Finally, William Blair Investment Management LLC acquired a new stake in shares of Mercury Systems in the 2nd quarter valued at approximately $46,453,000. Institutional investors own 95.99% of the company’s stock.

Key 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

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MRCY. Robert W. Baird lifted 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. Deutsche Bank Aktiengesellschaft cut shares of Mercury Systems to a “hold” rating in a research report on Wednesday, August 12th. Jefferies Financial Group reaffirmed a “hold” rating and set a $115.00 price objective on shares of Mercury Systems in a research note on Friday, July 10th. Wall Street Zen lowered Mercury Systems from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, JPMorgan Chase & Co. boosted their target price on Mercury Systems from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target 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.