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

Mercury Systems Inc (NASDAQ:MRCY) EVP David Farnsworth sold 8,155 shares of the stock in a transaction on 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 position. The transaction was disclosed in a filing 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.

Mercury Systems Stock Performance

Shares of MRCY stock opened at $91.36 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. The company has a market cap of $5.49 billion, a PE ratio of -182.72 and a beta of 0.95. The company’s fifty day simple moving average is $107.54 and its 200-day simple moving average is $94.85. Mercury Systems Inc has a 52 week low of $65.04 and a 52 week high of $128.45.

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

Wall Street Analyst Weigh In

MRCY has been the subject of several analyst reports. Piper Sandler reaffirmed an “overweight” rating and issued a $131.00 target price (up from $126.00) on shares of Mercury Systems in a research report on Wednesday. Truist Financial raised their target price on Mercury Systems from $109.00 to $120.00 and gave the company a “buy” rating in a report on Thursday. Jefferies Financial Group reissued a “hold” rating and set a $115.00 price target on shares of Mercury Systems in a research report on Friday, July 10th. Zacks Research cut Mercury Systems from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, Canaccord Genuity Group increased their price objective on shares of Mercury Systems from $106.00 to $128.00 and gave the company a “buy” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Mercury Systems presently has an average rating of “Hold” and an average target price of $110.10.

Key Mercury Systems News

Here are the key news stories impacting Mercury Systems this week:

• Positive Sentiment: Mercury Systems reported record 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, a 38.4% increase, providing stronger revenue visibility as production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Revenue increased 6.1% year over year to approximately $290 million, exceeding the roughly $266 million analyst estimate. RBC raised its target to $120, Piper Sandler lifted its target to $131 while maintaining an Overweight rating, and Baird also forecast substantial upside. Robert W. Baird Forecasts Strong Price Appreciation
• Neutral Sentiment: CEO William Ballhaus and several executives sold shares in transactions from August 17–20. The sales totaled several million dollars, but SEC filings said they were intended to cover tax withholding on vested equity awards. That reduces their value as a bearish signal, although no insider purchases were reported. Mercury Systems SEC 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, while adjusted EBITDA declined to $49 million from $51 million and free cash flow fell to $29 million from $34 million. The earnings shortfall appears to have outweighed the strong bookings and revenue figures. Mercury Systems Drops as EPS Miss Overshadows Record Bookings
• Negative Sentiment: Investors are also evaluating Mercury’s exposure to semiconductor-price volatility. Because many contracts are fixed-price, higher component costs could pressure margins before the company can adjust pricing or supply arrangements. Mercury Systems Fixed-Price Contract Risk

Institutional Investors Weigh In On Mercury Systems

Several hedge funds and other institutional investors have recently bought and sold shares of MRCY. Osaic Holdings Inc. boosted its stake in shares of Mercury Systems by 53.2% during the 2nd quarter. Osaic Holdings Inc. now owns 599 shares of the technology company’s stock valued at $32,000 after buying an additional 208 shares during the last quarter. Leonteq Securities AG acquired a new stake in shares of Mercury Systems during the fourth quarter worth approximately $35,000. Hollencrest Capital Management bought a new stake in shares of Mercury Systems in the fourth quarter worth $37,000. Public Employees Retirement System of Ohio bought a new stake in shares of Mercury Systems in the second quarter worth $43,000. Finally, Federated Hermes Inc. acquired a new stake in Mercury Systems in the second quarter valued at $43,000. 95.99% of the stock is currently owned by hedge funds and other institutional investors.

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.