William Ballhaus Sells 22,010 Shares of Mercury Systems (NASDAQ:MRCY) Stock

Mercury Systems Inc (NASDAQ:MRCY) CEO William Ballhaus sold 22,010 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $97.67, for a total transaction of $2,149,716.70. Following the completion of the transaction, the chief executive officer directly owned 228,197 shares of the company’s stock, valued at approximately $22,288,000.99. This trade represents a 8.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Stock Down 3.0%

Mercury Systems stock opened at $91.36 on Friday. Mercury Systems Inc has a 1-year low of $65.04 and a 1-year high of $128.45. The firm has a market capitalization of $5.49 billion, a price-to-earnings ratio of -182.72 and a beta of 0.95. 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 firm has a 50 day simple moving average of $107.54 and a 200 day simple moving average of $94.85.

Mercury Systems (NASDAQ:MRCY) last posted its earnings results on Tuesday, August 18th. The technology company reported $0.37 earnings per share (EPS) 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 quarter in the prior year, the company earned $0.47 EPS. The company’s revenue was up 6.1% on a year-over-year basis. On average, analysts predict that Mercury Systems Inc will post 0.77 earnings per share for the current year.

Institutional Investors Weigh In On Mercury Systems

Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Mercury Systems during the second quarter valued at $1,146,342,000. State Street Corp increased its stake in Mercury Systems by 12.1% in the 4th quarter. State Street Corp now owns 3,423,600 shares of the technology company’s stock worth $249,957,000 after acquiring an additional 368,242 shares during the last quarter. Invesco Ltd. increased its stake in Mercury Systems by 25.1% in the 4th quarter. Invesco Ltd. now owns 1,910,742 shares of the technology company’s stock worth $139,503,000 after acquiring an additional 383,299 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Mercury Systems by 1.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,542,851 shares of the technology company’s stock worth $112,644,000 after acquiring an additional 21,182 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Mercury Systems by 3.6% in the 4th quarter. Geode Capital Management LLC now owns 1,368,659 shares of the technology company’s stock valued at $99,940,000 after acquiring an additional 47,174 shares in the last quarter. Hedge funds and other institutional investors own 95.99% of the company’s stock.

Wall Street Analyst Weigh In

MRCY has been the subject of several analyst reports. Robert W. Baird raised their target price on Mercury Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Mercury Systems in a research report on Friday, July 17th. Royal Bank Of Canada increased their price target on shares of Mercury Systems from $105.00 to $120.00 and gave the stock an “outperform” rating in a report on Wednesday. Truist Financial raised their price objective on shares of Mercury Systems from $109.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft cut shares of Mercury Systems to a “hold” rating in a research note on Wednesday, August 12th. One research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $110.10.

Mercury Systems News Roundup

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

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.