Mercury Systems Inc (NASDAQ:MRCY) COO Didier M. C. Thibaud sold 3,500 shares of the stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $49.52, for a total value of $173,320.00. Following the completion of the transaction, the chief operating officer now directly owns 379,940 shares in the company, valued at approximately $18,814,628.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Mercury Systems Inc (NASDAQ:MRCY) traded down $0.55 during mid-day trading on Friday, reaching $50.68. The company’s stock had a trading volume of 277,865 shares, compared to its average volume of 310,541. Mercury Systems Inc has a 52 week low of $29.11 and a 52 week high of $54.49. The company has a market capitalization of $2,440.00, a P/E ratio of 53.49, a price-to-earnings-growth ratio of 3.91 and a beta of 0.22.

Mercury Systems (NASDAQ:MRCY) last posted its quarterly earnings data on Tuesday, October 24th. The technology company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.26 by $0.11. Mercury Systems had a return on equity of 6.51% and a net margin of 9.14%. The firm had revenue of $106.10 million for the quarter, compared to the consensus estimate of $105.18 million. During the same quarter last year, the company earned $0.22 earnings per share. The business’s revenue for the quarter was up 21.1% compared to the same quarter last year. equities analysts predict that Mercury Systems Inc will post 1.08 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently bought and sold shares of MRCY. Bank of Montreal Can raised its stake in shares of Mercury Systems by 29.2% in the second quarter. Bank of Montreal Can now owns 2,459 shares of the technology company’s stock worth $104,000 after buying an additional 556 shares during the period. Advisor Group Inc. raised its stake in shares of Mercury Systems by 97.8% in the third quarter. Advisor Group Inc. now owns 2,556 shares of the technology company’s stock worth $132,000 after buying an additional 1,264 shares during the period. Ameritas Investment Partners Inc. raised its stake in shares of Mercury Systems by 5.0% in the second quarter. Ameritas Investment Partners Inc. now owns 4,114 shares of the technology company’s stock worth $173,000 after buying an additional 195 shares during the period. Shelton Capital Management bought a new position in shares of Mercury Systems in the second quarter worth about $200,000. Finally, Flinton Capital Management LLC raised its stake in shares of Mercury Systems by 72.3% in the second quarter. Flinton Capital Management LLC now owns 4,862 shares of the technology company’s stock worth $205,000 after buying an additional 2,040 shares during the period. 95.62% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have weighed in on the company. Zacks Investment Research raised Mercury Systems from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th. SunTrust Banks, Inc. reissued a “buy” rating and issued a $51.00 target price on shares of Mercury Systems in a report on Monday, October 2nd. Jefferies Group LLC reissued a “hold” rating and issued a $45.00 target price on shares of Mercury Systems in a report on Wednesday, August 2nd. Noble Financial reissued a “hold” rating on shares of Mercury Systems in a report on Thursday, August 3rd. Finally, Robert W. Baird reissued a “buy” rating and issued a $48.00 target price on shares of Mercury Systems in a report on Tuesday, October 24th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $51.17.

About Mercury Systems

Mercury Systems, Inc is a commercial provider of secure processing subsystems designed and made in the United States. The Company’s solutions support a range of defense and intelligence programs. Its technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.

Insider Buying and Selling by Quarter for Mercury Systems (NASDAQ:MRCY)

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