Media stories about Mercury Systems (NASDAQ:MRCY) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mercury Systems earned a news impact score of 0.13 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 45.2822021950089 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Mercury Systems Receives $2.2M Order for Homeland Security Imaging Application (finance.yahoo.com)
- Mercury Systems Inc (MRCY) Shares Sold by Cortina Asset Management LLC (americanbankingnews.com)
- OppenheimerFunds Inc. Sells 13,187 Shares of Mercury Systems Inc (MRCY) (americanbankingnews.com)
- Brown Advisory Inc. Purchases New Position in Mercury Systems Inc (MRCY) (americanbankingnews.com)
- Mercury Systems Receives $3.2M BuiltSECURE Memory Order for Airborne Military Computing Application (finance.yahoo.com)
Mercury Systems (NASDAQ MRCY) opened at $46.78 on Wednesday. The stock has a market capitalization of $2,252.93, a P/E ratio of 50.85, a P/E/G ratio of 3.75 and a beta of 0.33. Mercury Systems has a 12-month low of $36.09 and a 12-month high of $55.00.
Several research firms recently issued reports on MRCY. Citigroup reaffirmed a “buy” rating and issued a $61.00 price objective on shares of Mercury Systems in a research report on Wednesday, January 24th. BidaskClub raised Mercury Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. Zacks Investment Research cut Mercury Systems from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 28th. Noble Financial reaffirmed a “hold” rating on shares of Mercury Systems in a research report on Thursday, January 25th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $61.00 price objective on shares of Mercury Systems in a research report on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $54.71.
In other news, insider Mark Aslett sold 9,600 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $44.44, for a total transaction of $426,624.00. Following the transaction, the insider now directly owns 461,782 shares of the company’s stock, valued at approximately $20,521,592.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Gerald M. Haines II sold 2,500 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $51.62, for a total value of $129,050.00. Following the transaction, the chief financial officer now directly owns 215,760 shares in the company, valued at $11,137,531.20. The disclosure for this sale can be found here. Insiders have sold a total of 67,100 shares of company stock worth $3,330,747 over the last three months. Insiders own 3.50% of the company’s stock.
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About Mercury Systems
Mercury Systems, Inc is a commercial provider of secure processing subsystems designed and made in the United States. The Company’s solutions support a range of defense and intelligence programs. Its technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.
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