Insider Selling: Mercury Systems (NASDAQ:MRCY) CAO Sells $44,419.80 in Stock

Mercury Systems Inc (NASDAQ:MRCY) CAO Douglas Munro sold 404 shares of Mercury Systems stock in a transaction on Monday, August 17th. The shares were sold at an average price of $109.95, for a total value of $44,419.80. Following the completion of the sale, the chief accounting officer directly owned 14,133 shares of the company’s stock, valued at $1,553,923.35. This trade represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Douglas Munro also recently made the following trade(s):

• On Tuesday, August 18th, Douglas Munro sold 494 shares of Mercury Systems stock. The shares were sold at an average price of $111.36, for a total value of $55,011.84.

Mercury Systems Trading Down 3.6%

Mercury Systems stock traded down $3.75 during mid-day trading on Wednesday, hitting $101.25. The stock had a trading volume of 1,723,371 shares, compared to its average volume of 669,717. The stock has a 50-day simple moving average of $108.62 and a two-hundred day simple moving average of $94.87. The stock has a market capitalization of $6.08 billion, a PE ratio of -421.88 and a beta of 0.95. Mercury Systems Inc has a 12 month low of $62.78 and a 12 month high of $128.45. The company has a current ratio of 3.19, a quick ratio of 2.15 and a debt-to-equity ratio of 0.40.

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. As a group, sell-side analysts forecast that Mercury Systems Inc will post 0.33 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on MRCY shares. Wall Street Zen cut shares of Mercury Systems from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Piper Sandler restated an “overweight” rating and issued a $131.00 price target (up from $126.00) on shares of Mercury Systems in a research report on Wednesday. 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. Zacks Research lowered Mercury Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Finally, Truist Financial upgraded Mercury Systems to a “strong-buy” rating in a research report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.80.

Mercury Systems News Roundup

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.

Hedge Funds Weigh In On Mercury Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in MRCY. BlackRock Inc. acquired a new stake in Mercury Systems during the 2nd quarter worth $1,146,342,000. Invesco Ltd. lifted its holdings in Mercury Systems by 161.7% during the third quarter. Invesco Ltd. now owns 1,527,443 shares of the technology company’s stock worth $118,224,000 after acquiring an additional 943,736 shares in the last quarter. Bamco Inc. NY acquired a new position in Mercury Systems in the second quarter valued at about $74,244,000. American Capital Management Inc. bought a new stake in shares of Mercury Systems in the second quarter worth about $59,460,000. Finally, William Blair Investment Management LLC bought a new stake in shares of Mercury Systems in the second quarter worth about $46,453,000. 95.99% of the stock is owned by institutional investors.

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.