Mercury Systems (NASDAQ:MRCY) EVP Steven Ratner Sells 2,187 Shares of Stock

Mercury Systems Inc (NASDAQ:MRCY) EVP Steven Ratner sold 2,187 shares of Mercury Systems stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $100.31, for a total value of $219,377.97. Following the completion of the transaction, the executive vice president directly owned 24,301 shares of the company’s stock, valued at approximately $2,437,633.31. This trade represents a 8.26% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 Thursday, August 20th, Steven Ratner sold 1,026 shares of Mercury Systems stock. The shares were sold at an average price of $97.67, for a total value of $100,209.42.
• 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 transaction of $119,185.80.

Mercury Systems Stock Down 3.0%

Shares of NASDAQ MRCY opened at $91.36 on Friday. The company has a quick ratio of 2.15, a current ratio of 2.96 and a debt-to-equity ratio of 0.29. The firm has a market cap of $5.49 billion, a PE ratio of -182.72 and a beta of 0.95. The company’s fifty day simple moving average is $107.54 and its 200 day simple moving average is $94.85. Mercury Systems Inc has a 12-month low of $65.04 and a 12-month high of $128.45.

Mercury Systems (NASDAQ:MRCY) last posted its quarterly earnings results on Tuesday, August 18th. The technology company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $289.78 million during 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 company’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period last year, the firm posted $0.47 earnings per share. As a group, sell-side analysts forecast that Mercury Systems Inc will post 0.77 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on MRCY. Piper Sandler restated an “overweight” rating and set a $131.00 price target (up from $126.00) on shares of Mercury Systems in a research note on Wednesday. Royal Bank Of Canada lifted their price target on Mercury Systems from $105.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Mercury Systems in a report on Friday, July 17th. Jefferies Financial Group reiterated a “hold” rating and set a $115.00 price target on shares of Mercury Systems in a report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Mercury Systems to a “hold” rating in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $110.10.

Key Headlines Impacting Mercury Systems

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

Institutional Trading of Mercury Systems

A number of large investors have recently bought and sold shares of MRCY. BlackRock Inc. bought a new stake in Mercury Systems in the 2nd quarter valued at about $1,146,342,000. Invesco Ltd. raised its holdings in Mercury Systems by 161.7% during the 3rd quarter. Invesco Ltd. now owns 1,527,443 shares of the technology company’s stock valued at $118,224,000 after acquiring an additional 943,736 shares during the period. Bamco Inc. NY purchased a new stake in shares of Mercury Systems during the second quarter worth $74,244,000. American Capital Management Inc. purchased a new position in shares of Mercury Systems in the second quarter valued at $59,460,000. Finally, William Blair Investment Management LLC bought a new stake in shares of Mercury Systems during the 2nd quarter valued at $46,453,000. 95.99% of the stock is owned by hedge funds and other institutional investors.

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.