Mercury Systems (NASDAQ:MRCY) CEO William Ballhaus Sells 24,144 Shares

Mercury Systems Inc (NASDAQ:MRCY) CEO William Ballhaus sold 24,144 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $111.36, for a total transaction of $2,688,675.84. Following the completion of the sale, the chief executive officer directly owned 277,009 shares of the company’s stock, valued at $30,847,722.24. This trade represents a 8.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Price Performance

Shares of NASDAQ MRCY opened at $101.25 on Thursday. The firm has a market cap of $6.08 billion, a PE ratio of -202.50 and a beta of 0.95. The company has a quick ratio of 2.15, a current ratio of 3.19 and a debt-to-equity ratio of 0.40. The business has a 50 day moving average price of $108.62 and a two-hundred day moving average price of $94.87. Mercury Systems Inc has a fifty-two week low of $62.78 and a fifty-two week 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 (EPS) 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 analyst estimates 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 was up 6.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.47 earnings per share. Sell-side analysts expect that Mercury Systems Inc will post 0.77 earnings per share for the current fiscal year.

Key Mercury Systems News

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

• Positive Sentiment: Mercury reported record fourth-quarter bookings of approximately $660 million, up 93.1% year over year, producing a 2.28 book-to-bill ratio. Backlog exceeded $1.9 billion, up 38.4%, improving revenue visibility as production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Fourth-quarter revenue rose 6.1% to about $290 million, beating analysts’ roughly $266 million estimate. Analysts at RBC, Baird and Piper Sandler raised price targets and maintained positive ratings, citing expected low-double-digit growth and the company’s sizable backlog. Mercury Systems Q4 Earnings in Line, Revenues Top on Bookings
• Neutral Sentiment: Several executives, including CEO William Ballhaus and multiple EVPs, sold shares totaling roughly $4.7 million in transactions dated August 17–18. The filings state the sales were used to cover tax withholding obligations tied to vested equity awards, reducing their signaling value, although there were no reported insider purchases. Mercury Systems 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 EPS was only $0.01 versus $0.27. Adjusted EBITDA fell to $49 million from $51 million, while free cash flow declined to $29 million from $34 million, overshadowing the bookings and revenue performance. Mercury Systems Drops as EPS Miss Overshadows Record Bookings
• Negative Sentiment: A newly highlighted risk is exposure to semiconductor cost volatility: Mercury relies on advanced components while many contracts are fixed-price, potentially allowing input-cost increases to compress margins until pricing or supply-chain adjustments take effect. Mercury Systems Fixed-Price Contract Risk

Wall Street Analysts Forecast Growth

MRCY has been the topic of several research analyst reports. Zacks Research cut Mercury Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Mercury Systems in a report on Friday, July 17th. Piper Sandler restated an “overweight” rating and issued a $131.00 price target (up from $126.00) on shares of Mercury Systems in a research report on Wednesday. Wall Street Zen lowered shares of Mercury Systems from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $115.00 price objective on shares of Mercury Systems in a research report on Friday, July 10th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $106.80.

Institutional Trading of Mercury Systems

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of Mercury Systems in the second quarter valued at approximately $1,146,342,000. Invesco Ltd. raised its holdings in Mercury Systems by 161.7% during the third quarter. Invesco Ltd. now owns 1,527,443 shares of the technology company’s stock worth $118,224,000 after purchasing an additional 943,736 shares in the last quarter. Bamco Inc. NY acquired a new stake in Mercury Systems in the second quarter worth approximately $74,244,000. American Capital Management Inc. acquired a new stake in Mercury Systems in the second quarter worth approximately $59,460,000. Finally, William Blair Investment Management LLC bought a new position in Mercury Systems during the 2nd quarter valued at $46,453,000. 95.99% of the stock is currently owned by institutional investors.

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.