Insider Selling: Mercury Systems (NASDAQ:MRCY) EVP Sells $131,390.25 in Stock

Mercury Systems Inc (NASDAQ:MRCY) EVP Stuart Kupinsky sold 1,195 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $109.95, for a total value of $131,390.25. Following the completion of the sale, the executive vice president owned 59,838 shares of the company’s stock, valued at approximately $6,579,188.10. This trade represents a 1.96% 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.

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

• On Tuesday, August 18th, Stuart Kupinsky sold 1,178 shares of Mercury Systems stock. The stock was sold at an average price of $111.36, for a total transaction of $131,182.08.

Mercury Systems Trading Down 3.6%

NASDAQ:MRCY traded down $3.75 during trading hours on Wednesday, hitting $101.25. 1,723,371 shares of the stock were exchanged, compared to its average volume of 669,717. The company has a quick ratio of 2.15, a current ratio of 3.19 and a debt-to-equity ratio of 0.40. Mercury Systems Inc has a twelve month low of $62.78 and a twelve month high of $128.45. The company has a market capitalization of $6.08 billion, a P/E ratio of -421.88 and a beta of 0.95. The company’s 50 day moving average is $108.73 and its two-hundred day moving average is $94.85.

Mercury Systems (NASDAQ:MRCY) last announced its quarterly earnings data 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 firm had revenue of $289.78 million during the quarter, compared to analyst estimates of $266.09 million. Mercury Systems had a positive return on equity of 2.22% and a negative net margin of 1.46%.Mercury Systems’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.47 earnings per share. On average, sell-side analysts anticipate that Mercury Systems Inc will post 0.33 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Mercury Systems

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

Analysts Set New Price Targets

MRCY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft downgraded shares of Mercury Systems to a “hold” rating in a research note on Wednesday, August 12th. Piper Sandler restated an “overweight” rating and issued a $131.00 price target (up from $126.00) on shares of Mercury Systems in a report on Wednesday. Robert W. Baird upped their price objective on Mercury Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Wednesday. Canaccord Genuity Group lifted their target price on Mercury Systems from $102.00 to $106.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada boosted their target price on Mercury Systems from $105.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Mercury Systems currently has an average rating of “Moderate Buy” and a consensus price target of $106.80.

Key Headlines Impacting Mercury Systems

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.

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.