41,450 Shares in Mercury Systems Inc $MRCY Purchased by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC purchased a new stake in Mercury Systems Inc (NASDAQ:MRCY) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 41,450 shares of the technology company’s stock, valued at approximately $5,071,000. Lisanti Capital Growth LLC owned approximately 0.07% of Mercury Systems as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of MRCY. Osaic Holdings Inc. raised its stake in shares of Mercury Systems by 53.2% in the second quarter. Osaic Holdings Inc. now owns 599 shares of the technology company’s stock valued at $32,000 after purchasing an additional 208 shares in the last quarter. Leonteq Securities AG acquired a new stake in Mercury Systems during the fourth quarter worth $35,000. Hollencrest Capital Management acquired a new stake in Mercury Systems during the fourth quarter worth $37,000. Federated Hermes Inc. bought a new stake in Mercury Systems in the 2nd quarter valued at $43,000. Finally, Rockefeller Capital Management L.P. increased its holdings in Mercury Systems by 53.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 653 shares of the technology company’s stock valued at $48,000 after buying an additional 228 shares during the period. Institutional investors and hedge funds own 95.99% of the company’s stock.

Key Mercury Systems News

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

• Positive Sentiment: Record fourth-quarter bookings surged 93.1% year over year to $660 million, producing a 2.28 book-to-bill ratio. Backlog surpassed $1.9 billion, up 38.4%, improving visibility as production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Fourth-quarter revenue reached a record $289.8 million, up 6.1% year over year and well above the approximately $266.1 million analyst consensus. Fiscal 2026 revenue rose to $984 million from $912 million. Mercury Systems Q4 Earnings in Line, Revenues Top on Bookings
• Positive Sentiment: RBC raised its price target to $120 and Baird lifted its target to $130; both firms now rate MRCY “outperform.” Piper Sandler also reaffirmed its “overweight” rating and increased its target to $131. Analysts Raise Forecasts on Mercury Systems
• Neutral Sentiment: CEO William Ballhaus and several executive officers sold shares to cover tax-withholding obligations tied to equity-award vesting. The transactions reduced their holdings but were not discretionary investment sales, limiting their negative significance. SEC Insider Trading Filing
• Negative Sentiment: Adjusted EPS was $0.37, slightly below the $0.38 consensus and down from $0.47 a year earlier. GAAP earnings fell to approximately $0.01 per share from $0.27, while adjusted EBITDA and free cash flow also declined year over year. Why Mercury Systems Stock Is Sinking Today

Analyst Upgrades and Downgrades

MRCY has been the subject of a number of recent research reports. Jefferies Financial Group restated a “hold” rating and issued a $115.00 price objective on shares of Mercury Systems in a research note on Friday, July 10th. Royal Bank Of Canada upped their target price on shares of Mercury Systems from $105.00 to $120.00 and gave the company an “outperform” rating in a research note on Wednesday. Truist Financial raised shares of Mercury Systems to a “strong-buy” rating in a research report on Friday, May 1st. JPMorgan Chase & Co. raised their price target 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. Finally, Robert W. Baird lifted their price objective on Mercury Systems from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $106.80.

Mercury Systems Trading Down 3.6%

Shares of MRCY stock opened at $101.25 on Thursday. Mercury Systems Inc has a 12-month low of $62.78 and a 12-month high of $128.45. The company has a market capitalization of $6.08 billion, a P/E ratio of -202.50 and a beta of 0.95. The firm has a 50-day moving average price of $108.62 and a 200 day moving average price of $94.87. The company has a quick ratio of 2.15, a current ratio of 3.19 and a debt-to-equity ratio of 0.40.

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). The firm had revenue of $289.78 million for the quarter, compared to the consensus estimate of $266.09 million. Mercury Systems had a positive return on equity of 1.29% and a negative net margin of 3.02%.Mercury Systems’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.47 earnings per share. Research analysts forecast that Mercury Systems Inc will post 0.77 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Mercury Systems news, CEO William L. Ballhaus sold 24,144 shares of Mercury Systems stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $111.36, for a total value of $2,688,675.84. Following the completion of the transaction, the chief executive officer owned 277,009 shares in the company, valued at approximately $30,847,722.24. The trade was a 8.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Howard L. Lance sold 9,250 shares of Mercury Systems stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $99.76, for a total value of $922,780.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 51,948 shares of company stock worth $5,666,964 over the last ninety days. 1.40% of the stock is owned by insiders.

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.