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

Mercury Systems Inc (NASDAQ:MRCY) CEO William Ballhaus sold 22,010 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $97.67, for a total value of $2,149,716.70. Following the sale, the chief executive officer owned 228,197 shares in the company, valued at approximately $22,288,000.99. This represents a 8.80% 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 Price Performance

Mercury Systems stock opened at $91.36 on Friday. Mercury Systems Inc has a one year low of $65.04 and a one year high of $128.45. The business has a fifty day moving average price of $107.54 and a 200-day moving average price of $94.85. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.96 and a quick ratio of 2.15. The firm has a market capitalization of $5.49 billion, a P/E ratio of -182.72 and a beta of 0.95.

Mercury Systems (NASDAQ:MRCY) last released 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 company had revenue of $289.78 million for the quarter, compared to the consensus estimate of $266.09 million. Mercury Systems had a negative net margin of 3.02% and a positive return on equity of 1.29%. The business’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 firm posted $0.47 earnings per share. As a group, equities research analysts forecast that Mercury Systems Inc will post 0.77 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MRCY. Public Employees Retirement System of Ohio bought a new stake in Mercury Systems in the 2nd quarter worth approximately $43,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Mercury Systems in the 2nd quarter valued at approximately $52,000. Leonteq Securities AG bought a new position in shares of Mercury Systems during the fourth quarter valued at approximately $35,000. Hollencrest Capital Management bought a new position in shares of Mercury Systems during the fourth quarter valued at $37,000. Finally, Osaic Holdings Inc. increased its stake in 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 purchasing an additional 208 shares in the last quarter. 95.99% of the stock is currently owned by hedge funds and other institutional investors.

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

Analyst Ratings Changes

Several brokerages have recently weighed in on MRCY. Royal Bank Of Canada upped their price target on Mercury Systems from $105.00 to $120.00 and gave the company an “outperform” rating in a research report on Wednesday. JPMorgan Chase & Co. raised their price objective on shares of Mercury Systems from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Monday, July 13th. Canaccord Genuity Group boosted their price objective on shares of Mercury Systems from $106.00 to $128.00 and gave the company a “buy” rating in a research note on Thursday. Jefferies Financial Group reaffirmed a “hold” rating and set a $115.00 target price on shares of Mercury Systems in a report on Friday, July 10th. Finally, Robert W. Baird increased their target price on shares of Mercury Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Mercury Systems has a consensus rating of “Hold” and a consensus target price of $110.10.

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.