Mercury Systems (NASDAQ:MRCY) EVP Sells $338,040.00 in Stock

Mercury Systems Inc (NASDAQ:MRCY) EVP Steven Ratner sold 4,000 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $84.51, for a total value of $338,040.00. Following the transaction, the executive vice president owned 19,275 shares of the company’s stock, valued at approximately $1,628,930.25. This trade represents a 17.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Friday, August 21st, Steven Ratner sold 356 shares of Mercury Systems stock. The shares were sold at an average price of $91.36, for a total value of $32,524.16.
• 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 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 value 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 Up 0.2%

Shares of Mercury Systems stock opened at $80.61 on Friday. The firm has a market cap of $4.85 billion, a PE ratio of -161.22 and a beta of 0.98. The business’s 50 day simple moving average is $98.56 and its 200 day simple moving average is $94.85. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.85 and a current ratio of 2.96. Mercury Systems Inc has a 52-week low of $65.04 and a 52-week high of $128.45.

Mercury Systems (NASDAQ:MRCY) last released its quarterly earnings results on Tuesday, August 18th. The technology company reported $0.37 earnings per share 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 positive return on equity of 1.29% and a negative net margin of 3.02%.The company’s revenue was up 6.1% compared to the same quarter last year. During the same period last year, the company earned $0.47 EPS. On average, analysts predict that Mercury Systems Inc will post 0.91 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MRCY. Piper Sandler reaffirmed an “overweight” rating and issued a $131.00 target price (up from $126.00) on shares of Mercury Systems in a research report on Wednesday, August 19th. Jefferies Financial Group reissued a “hold” rating and set a $115.00 price target on shares of Mercury Systems in a research report on Friday, July 10th. Robert W. Baird increased their price objective on shares of Mercury Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft cut Mercury Systems to a “hold” rating in a report on Wednesday, August 12th. Finally, Zacks Research downgraded Mercury Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Mercury Systems has a consensus rating of “Hold” and an average price target of $110.10.

Hedge Funds Weigh In On Mercury Systems

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Mercury Systems during the second quarter worth $1,146,342,000. California State Teachers Retirement System lifted its stake in Mercury Systems by 11,902.8% in the second quarter. California State Teachers Retirement System now owns 7,630,211 shares of the technology company’s stock valued at $933,404,000 after acquiring an additional 7,566,641 shares during the last quarter. State Street Corp grew its position in shares of Mercury Systems by 12.1% in the 4th quarter. State Street Corp now owns 3,423,600 shares of the technology company’s stock valued at $249,957,000 after acquiring an additional 368,242 shares during the period. Invesco Ltd. grew its position 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 acquiring an additional 383,299 shares during the period. Finally, T. Rowe Price Investment Management Inc. increased its stake in shares of 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 during the last quarter. 95.99% of the stock is owned by institutional investors.

Mercury Systems News Summary

Here are the key news stories impacting Mercury Systems this week:

• Positive Sentiment: Zacks raises near-term earnings estimates: Zacks Research increased its Q1 2027 EPS forecast from $0.09 to $0.12, Q2 2027 from $0.11 to $0.15, Q3 2027 from $0.20 to $0.22, and Q4 2027 from $0.29 to $0.33. The firm also lifted its FY2027 estimate from $0.67 to $0.83, suggesting improved expectations for Mercury Systems’ near-term earnings trajectory. Mercury Systems Q1 EPS Estimate Raised by Zacks Research
• Neutral Sentiment: Analyst consensus remains “Hold”: Brokerages maintain an average Hold rating on MRCY. Zacks projects earnings growth over the next several years, including $1.23 EPS for FY2028 and $1.46 for FY2029, but also reduced several 2028 estimates, including FY2028 EPS from $1.25 to $1.23. The mixed revisions limit the strength of the bullish signal. Mercury Systems Receives Average Hold Recommendation
• Neutral Sentiment: Short-interest data provides little insight: Reported short interest was zero shares with a zero-day days-to-cover ratio. Because the figures are inconsistent with normal market reporting, they do not provide a reliable signal about bearish positioning.
• Negative Sentiment: Executive share sale may weigh on sentiment: EVP Steven Ratner sold 4,000 shares for approximately $338,000, reducing his direct ownership by 17.19%. The sale follows several additional disposals in August and may reinforce concerns among investors, although insider sales do not necessarily indicate deteriorating business fundamentals.

About Mercury Systems

Mercury Systems, Inc is a technology company that develops and manufactures secure, high-performance computing and sensor-processing solutions for the aerospace and defense industries. Its products are designed for use in mission-critical applications where ruggedness, rapid data processing, cybersecurity and long operational life are essential.

The company’s offerings include embedded computing systems, digital signal processing technologies, radio-frequency and microwave components, avionics systems, sensor-processing solutions, electronic warfare technology and secure communications products.