Universal Beteiligungs und Servicegesellschaft mbH Has $1.20 Million Position in Mercury Systems Inc $MRCY

Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Mercury Systems Inc (NASDAQ:MRCY) by 135.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,532 shares of the technology company’s stock after purchasing an additional 8,935 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Mercury Systems were worth $1,202,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nisa Investment Advisors LLC raised its holdings in Mercury Systems by 10.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,941 shares of the technology company’s stock valued at $150,000 after acquiring an additional 181 shares during the period. Osaic Holdings Inc. grew its position 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 during the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of Mercury Systems by 1.8% during the third quarter. Oregon Public Employees Retirement Fund now owns 11,871 shares of the technology company’s stock worth $919,000 after purchasing an additional 209 shares during the period. Brevan Howard Capital Management LP lifted its holdings in Mercury Systems by 0.9% during the 2nd quarter. Brevan Howard Capital Management LP now owns 22,861 shares of the technology company’s stock worth $1,231,000 after purchasing an additional 211 shares during the last quarter. Finally, Cerity Partners LLC lifted its holdings in Mercury Systems by 0.4% during the 2nd quarter. Cerity Partners LLC now owns 57,552 shares of the technology company’s stock worth $3,100,000 after purchasing an additional 218 shares during the last quarter. Institutional investors own 95.99% of the company’s stock.

Insider Buying and Selling at Mercury Systems

In other news, Director Jana Partners Management, Lp sold 1,000,000 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $75.45, for a total transaction of $75,450,000.00. Following the completion of the transaction, the director owned 4,966,675 shares of the company’s stock, valued at approximately $374,735,628.75. The trade was a 16.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Douglas Munro sold 1,329 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $73.42, for a total value of $97,575.18. Following the completion of the sale, the chief accounting officer directly owned 14,678 shares in the company, valued at $1,077,658.76. This trade represents a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,003,029 shares of company stock valued at $75,673,358. 1.40% of the stock is currently owned by corporate insiders.

Mercury Systems Price Performance

MRCY stock opened at $93.88 on Friday. The company’s 50-day moving average price is $81.65 and its two-hundred day moving average price is $73.52. The firm has a market cap of $5.64 billion, a P/E ratio of -164.70, a P/E/G ratio of 4.36 and a beta of 0.78. The company has a quick ratio of 2.31, a current ratio of 3.37 and a debt-to-equity ratio of 0.40. Mercury Systems Inc has a 12 month low of $39.89 and a 12 month high of $103.84.

Mercury Systems (NASDAQ:MRCY) last posted its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.18. The business had revenue of $225.21 million for the quarter, compared to analyst estimates of $207.28 million. Mercury Systems had a negative net margin of 3.53% and a positive return on equity of 1.14%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter last year, the business posted $0.04 EPS. On average, analysts anticipate that Mercury Systems Inc will post -0.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MRCY has been the topic of several recent research reports. Truist Financial set a $102.00 price objective on Mercury Systems in a research report on Friday, January 9th. The Goldman Sachs Group upped their price target on shares of Mercury Systems from $49.00 to $55.00 and gave the company a “sell” rating in a research note on Tuesday, January 20th. Royal Bank Of Canada set a $95.00 price target on shares of Mercury Systems and gave the stock an “outperform” rating in a research report on Wednesday, November 5th. Wall Street Zen downgraded shares of Mercury Systems from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $100.00 target price on shares of Mercury Systems in a report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Mercury Systems has a consensus rating of “Hold” and a consensus target price of $83.25.

Mercury Systems 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.