Mercury Systems (NASDAQ:MRCY) EVP Steven Ratner Sells 1,026 Shares

Mercury Systems Inc (NASDAQ:MRCY) EVP Steven Ratner sold 1,026 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $97.67, for a total value of $100,209.42. Following the completion of the sale, the executive vice president directly owned 23,275 shares of the company’s stock, valued at approximately $2,273,269.25. The trade was a 4.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Steven Ratner also recently made the following trade(s):

• On Wednesday, August 19th, Steven Ratner sold 2,187 shares of Mercury Systems stock. The stock was sold at an average price of $100.31, for a total transaction of $219,377.97.
• On Tuesday, August 18th, Steven Ratner sold 1,971 shares of Mercury Systems stock. The stock was sold at an average price of $111.36, for a total value of $219,490.56.
• On Monday, August 17th, Steven Ratner sold 1,084 shares of Mercury Systems stock. The shares were sold at an average price of $109.95, for a total value of $119,185.80.

Mercury Systems Stock Down 3.0%

Shares of NASDAQ MRCY traded down $2.87 during midday trading on Friday, reaching $91.36. 1,117,646 shares of the company’s stock were exchanged, compared to its average volume of 675,344. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.15 and a current ratio of 2.96. The business’s fifty day moving average price is $108.12 and its two-hundred day moving average price is $94.88. Mercury Systems Inc has a 52-week low of $65.04 and a 52-week high of $128.45. The stock has a market capitalization of $5.49 billion, a PE ratio of -182.72 and a beta of 0.95.

Mercury Systems (NASDAQ:MRCY) last released its quarterly earnings results 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 firm had revenue of $289.78 million for the quarter, compared to analyst estimates of $266.09 million. Mercury Systems had a negative net margin of 3.02% and a positive return on equity of 1.29%. The firm’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.47 EPS. Analysts forecast that Mercury Systems Inc will post 0.77 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Royal Bank Of Canada boosted their price objective on shares of Mercury Systems from $105.00 to $120.00 and gave the stock an “outperform” rating in a research note on Wednesday. Piper Sandler reiterated an “overweight” rating and issued a $131.00 target price (up from $126.00) on shares of Mercury Systems in a report on Wednesday. JPMorgan Chase & Co. boosted 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. The Goldman Sachs Group boosted their target price 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. Finally, Canaccord Genuity Group increased their price target on Mercury Systems from $106.00 to $128.00 and gave the stock a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Mercury Systems has an average rating of “Hold” and a consensus price target of $110.10.

Key Stories 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% year over year, with a 2.28 book-to-bill ratio. Backlog surpassed $1.9 billion, rising 38.4% and improving longer-term revenue visibility. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Revenue increased 6.1% year over year to approximately $289.8 million, well above the roughly $266.1 million analyst estimate. RBC raised its price target to $120, while Piper Sandler lifted its target to $131 and reaffirmed an “Overweight” rating; Baird also forecast substantial appreciation. Royal Bank of Canada Mercury Systems Forecast
• Positive Sentiment: A strategic alliance with Palantir Technologies is intended to automate material planning and factory operations for U.S. military programs. Investors may view the partnership as a potential catalyst for higher production throughput and shorter delivery times. Mercury Systems and Palantir Partnership
• Neutral Sentiment: Multiple executives sold shares in transactions totaling roughly $4.7 million. The filings say the sales covered tax withholding on vested equity awards, limiting their value as a bearish signal, although no insider purchases were reported. Mercury Systems 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, adjusted EBITDA declined to $49 million, and free cash flow fell to $29 million, overshadowing the strong bookings and revenue figures. Why Mercury Systems Is Down
• Negative Sentiment: Mercury’s fixed-price contracts expose margins to volatility in advanced semiconductor costs. Rising component expenses could pressure profitability before the company can adjust pricing or supply arrangements. Mercury Systems Fixed-Price Contract Risk

Institutional Trading of Mercury Systems

A number of institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in shares of Mercury Systems in the second quarter valued at $1,146,342,000. State Street Corp increased its holdings in Mercury Systems by 12.1% during the 4th quarter. State Street Corp now owns 3,423,600 shares of the technology company’s stock valued at $249,957,000 after purchasing an additional 368,242 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Mercury Systems by 25.1% in the 4th quarter. Invesco Ltd. now owns 1,910,742 shares of the technology company’s stock valued at $139,503,000 after purchasing an additional 383,299 shares during the period. T. Rowe Price Investment Management Inc. increased its position in Mercury Systems by 1.4% during 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 purchasing an additional 21,182 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Mercury Systems by 3.6% during the fourth 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 during the last quarter. Hedge funds and other institutional investors own 95.99% of the company’s stock.

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.