Mercury Systems (NASDAQ:MRCY) EVP David Farnsworth Sells 6,612 Shares

Mercury Systems Inc (NASDAQ:MRCY) EVP David Farnsworth sold 6,612 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $97.67, for a total value of $645,794.04. Following the completion of the sale, the executive vice president owned 117,967 shares of the company’s stock, valued at approximately $11,521,836.89. The trade was a 5.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Mercury Systems Stock Down 3.0%

MRCY stock opened at $91.36 on Friday. The business’s 50-day moving average price is $107.54 and its 200-day moving average price is $94.85. The stock has a market cap of $5.49 billion, a P/E ratio of -182.72 and a beta of 0.95. The company has a quick ratio of 2.15, a current ratio of 2.96 and a debt-to-equity ratio of 0.29. Mercury Systems Inc has a twelve month low of $65.04 and a twelve month high of $128.45.

Mercury Systems (NASDAQ:MRCY) last released its 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 firm had revenue of $289.78 million during the quarter, compared to analysts’ expectations 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 in the prior year, the company posted $0.47 earnings per share. On average, equities research analysts forecast that Mercury Systems Inc will post 0.77 EPS for the current year.

Institutional Trading of Mercury Systems

Hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. boosted its holdings in shares of Mercury Systems by 53.2% during the 2nd quarter. Osaic Holdings Inc. now owns 599 shares of the technology company’s stock valued at $32,000 after purchasing an additional 208 shares during the last quarter. Leonteq Securities AG bought a new stake in shares of Mercury Systems in the fourth quarter worth about $35,000. Hollencrest Capital Management bought a new stake in shares of Mercury Systems in the fourth quarter worth about $37,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Mercury Systems in the second quarter worth about $43,000. Finally, Federated Hermes Inc. purchased a new stake in shares of Mercury Systems in the second quarter worth about $43,000. Hedge funds and other institutional investors own 95.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MRCY. Robert W. Baird boosted their price objective on Mercury Systems from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Wednesday. Piper Sandler reiterated an “overweight” rating and set a $131.00 target price (up from $126.00) on shares of Mercury Systems in a research report on Wednesday. Truist Financial lifted their target price on Mercury Systems from $109.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft downgraded Mercury Systems to a “hold” rating in a research note on Wednesday, August 12th. Finally, Wall Street Zen lowered shares of Mercury Systems from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. One equities research 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $110.10.

Mercury Systems News Summary

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

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.