Mercury Systems (NASDAQ:MRCY) CEO Sells $2,688,675.84 in Stock

Mercury Systems Inc (NASDAQ:MRCY) CEO William Ballhaus sold 24,144 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $111.36, for a total value of $2,688,675.84. Following the completion of the transaction, the chief executive officer directly owned 277,009 shares in the company, valued at approximately $30,847,722.24. This represents a 8.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Stock Performance

Shares of NASDAQ MRCY traded down $3.75 during midday trading on Wednesday, hitting $101.25. 1,723,371 shares of the company’s stock traded hands, compared to its average volume of 669,717. The firm has a fifty day moving average of $108.73 and a 200 day moving average of $94.85. Mercury Systems Inc has a 1 year low of $62.78 and a 1 year high of $128.45. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.15 and a current ratio of 3.19. The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of -421.88 and a beta of 0.95.

Mercury Systems (NASDAQ:MRCY) last posted its quarterly earnings data on Tuesday, August 18th. The technology company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). The business had revenue of $289.78 million during the quarter, compared to analysts’ expectations of $266.09 million. Mercury Systems had a positive return on equity of 2.22% and a negative net margin of 1.46%.The business’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.47 EPS. On average, analysts forecast that Mercury Systems Inc will post 0.33 earnings per share for the current year.

Key Stories 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.

Hedge Funds Weigh In On Mercury Systems

Several institutional investors have recently added to or reduced their stakes in the company. 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 acquiring an additional 208 shares during the last quarter. Leonteq Securities AG purchased a new stake in Mercury Systems during the 4th quarter valued at $35,000. Hollencrest Capital Management bought a new stake in Mercury Systems in the fourth quarter worth $37,000. Public Employees Retirement System of Ohio bought a new stake in Mercury Systems in the second quarter worth $43,000. Finally, Federated Hermes Inc. purchased a new position in Mercury Systems during the second quarter worth $43,000. Hedge funds and other institutional investors own 95.99% of the company’s stock.

Wall Street Analysts Forecast Growth

MRCY has been the subject of a number of analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Mercury Systems in a research report on Friday, July 17th. Robert W. Baird lifted their target price on shares of Mercury Systems from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Wednesday. Canaccord Genuity Group increased their price target on Mercury Systems from $102.00 to $106.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. raised their price target on Mercury Systems from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Monday, July 13th. 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 given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Mercury Systems has an average rating of “Moderate Buy” and an average price target of $106.80.

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.