Mercury Systems (NASDAQ:MRCY) EVP David Farnsworth Sells 1,345 Shares

Mercury Systems Inc (NASDAQ:MRCY) EVP David Farnsworth sold 1,345 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $109.95, for a total transaction of $147,882.75. Following the transaction, the executive vice president owned 140,081 shares in the company, valued at approximately $15,401,905.95. This trade represents a 0.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Stock Down 3.6%

MRCY stock opened at $101.25 on Thursday. The firm has a 50 day moving average of $108.62 and a 200 day moving average of $94.87. The stock has a market capitalization of $6.08 billion, a PE ratio of -202.50 and a beta of 0.95. 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 52 week low of $62.78 and a 52 week high of $128.45.

Mercury Systems (NASDAQ:MRCY) last released its earnings results on Tuesday, August 18th. The technology company reported $0.37 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $289.78 million for the quarter, compared to analysts’ expectations of $266.09 million. During the same period in the prior year, the firm posted $0.47 EPS. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. Sell-side analysts forecast that Mercury Systems Inc will post 0.77 earnings per share for the current year.

Key Headlines Impacting Mercury Systems

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

• Positive Sentiment: Mercury reported record fourth-quarter bookings of approximately $660 million, up 93.1% year over year, producing a 2.28 book-to-bill ratio. Backlog exceeded $1.9 billion, up 38.4%, improving revenue visibility as production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Fourth-quarter revenue rose 6.1% to about $290 million, beating analysts’ roughly $266 million estimate. Analysts at RBC, Baird and Piper Sandler raised price targets and maintained positive ratings, citing expected low-double-digit growth and the company’s sizable backlog. Mercury Systems Q4 Earnings in Line, Revenues Top on Bookings
• Neutral Sentiment: Several executives, including CEO William Ballhaus and multiple EVPs, sold shares totaling roughly $4.7 million in transactions dated August 17–18. The filings state the sales were used to cover tax withholding obligations tied to vested equity awards, reducing their signaling value, although there were no reported insider purchases. Mercury Systems Insider Trading Filing
• Negative Sentiment: Adjusted EPS was $0.37, slightly below the $0.38 consensus and down from $0.47 a year earlier; GAAP EPS was only $0.01 versus $0.27. Adjusted EBITDA fell to $49 million from $51 million, while free cash flow declined to $29 million from $34 million, overshadowing the bookings and revenue performance. Mercury Systems Drops as EPS Miss Overshadows Record Bookings
• Negative Sentiment: A newly highlighted risk is exposure to semiconductor cost volatility: Mercury relies on advanced components while many contracts are fixed-price, potentially allowing input-cost increases to compress margins until pricing or supply-chain adjustments take effect. Mercury Systems Fixed-Price Contract Risk

Analyst Ratings Changes

MRCY has been the topic of a number of research reports. Zacks Research lowered Mercury Systems from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Canaccord Genuity Group lifted their target price on Mercury Systems from $102.00 to $106.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Jefferies Financial Group reiterated a “hold” rating and issued a $115.00 target price on shares of Mercury Systems in a research report on Friday, July 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Mercury Systems in a research report on Friday, July 17th. Finally, The Goldman Sachs Group increased their price target on shares of Mercury Systems from $60.00 to $68.00 and gave the stock a “sell” rating in a report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $106.80.

Institutional Investors Weigh In On Mercury Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. lifted its holdings in shares of Mercury Systems by 53.2% in 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 period. Leonteq Securities AG purchased a new stake in shares of Mercury Systems in the fourth quarter worth about $35,000. Hollencrest Capital Management acquired a new stake in Mercury Systems during the fourth quarter worth about $37,000. Public Employees Retirement System of Ohio acquired a new stake in Mercury Systems during the second quarter worth about $43,000. Finally, Federated Hermes Inc. purchased a new position in Mercury Systems during the second quarter valued at approximately $43,000. 95.99% of the stock is owned by institutional investors and hedge funds.

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.