David Farnsworth Sells 8,155 Shares of Mercury Systems (NASDAQ:MRCY) Stock

Mercury Systems Inc (NASDAQ:MRCY) EVP David Farnsworth sold 8,155 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $100.31, for a total transaction of $818,028.05. Following the sale, the executive vice president owned 124,579 shares in the company, valued at $12,496,519.49. This represents a 6.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Stock Down 3.0%

Shares of NASDAQ:MRCY opened at $91.36 on Friday. The company has a market cap of $5.49 billion, a price-to-earnings ratio of -182.72 and a beta of 0.95. Mercury Systems Inc has a 12 month low of $65.04 and a 12 month high of $128.45. 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 company has a 50-day moving average price of $107.54 and a 200 day moving average price of $94.85.

Mercury Systems (NASDAQ:MRCY) last issued its quarterly earnings data 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). 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 the consensus estimate of $266.09 million. During the same period in the previous year, the firm earned $0.47 earnings per share. The company’s revenue was up 6.1% compared to the same quarter last year. As a group, equities research analysts predict that Mercury Systems Inc will post 0.77 earnings per share for the current year.

Trending Headlines about 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 Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Maryland State Retirement & Pension System lifted its stake in shares of Mercury Systems by 1.8% during the 4th quarter. Maryland State Retirement & Pension System now owns 7,714 shares of the technology company’s stock worth $563,000 after acquiring an additional 134 shares during the last quarter. GAMMA Investing LLC grew its position in Mercury Systems by 8.5% in the 2nd quarter. GAMMA Investing LLC now owns 1,984 shares of the technology company’s stock valued at $243,000 after acquiring an additional 155 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in Mercury Systems by 1.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 12,058 shares of the technology company’s stock valued at $880,000 after acquiring an additional 187 shares during the last quarter. Arizona State Retirement System grew its position in Mercury Systems by 1.3% in the 4th quarter. Arizona State Retirement System now owns 15,211 shares of the technology company’s stock valued at $1,111,000 after acquiring an additional 195 shares during the last quarter. Finally, Focus Partners Wealth increased its stake in Mercury Systems by 3.0% in the third quarter. Focus Partners Wealth now owns 6,929 shares of the technology company’s stock worth $536,000 after purchasing an additional 199 shares during the period. Institutional investors own 95.99% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on MRCY. Royal Bank Of Canada increased their price target on Mercury Systems from $105.00 to $120.00 and gave the company an “outperform” rating in a report on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of Mercury Systems from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Monday, July 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Mercury Systems in a research report on Friday, July 17th. Jefferies Financial Group reiterated a “hold” rating and set a $115.00 price objective on shares of Mercury Systems in a research report on Friday, July 10th. Finally, Zacks Research downgraded shares of Mercury Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $110.10.

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.