William Ballhaus Sells 3,536 Shares of Mercury Systems (NASDAQ:MRCY) Stock

Mercury Systems Inc (NASDAQ:MRCY) CEO William Ballhaus sold 3,536 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $109.95, for a total value of $388,783.20. Following the transaction, the chief executive officer owned 301,153 shares of the company’s stock, valued at approximately $33,111,772.35. This trade represents a 1.16% decrease in their ownership of the stock. 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.

Mercury Systems Trading Down 6.9%

Mercury Systems stock opened at $94.23 on Friday. Mercury Systems Inc has a 12-month low of $64.05 and a 12-month high of $128.45. The firm has a market capitalization of $5.67 billion, a price-to-earnings ratio of -188.46 and a beta of 0.95. The firm has a 50 day moving average of $108.12 and a 200 day moving average of $94.88. The company has a current ratio of 2.96, a quick ratio of 2.15 and a debt-to-equity ratio of 0.29.

Mercury Systems (NASDAQ:MRCY) last posted 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 during 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%.The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.47 earnings per share. As a group, research analysts predict that Mercury Systems Inc will post 0.77 earnings per share for the current year.

Key Mercury Systems News

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

• Positive Sentiment: Mercury reported record fiscal 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, improving revenue visibility as defense production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Fourth-quarter revenue increased 6.1% to roughly $290 million, exceeding the approximately $266 million consensus estimate. RBC, Baird and Piper Sandler raised price targets while retaining positive ratings, citing expected low-double-digit growth. Mercury Systems Q4 Earnings
• Positive Sentiment: A strategic alliance with Palantir Technologies (NASDAQ: PLTR) will apply software to automate material planning and factory operations for U.S. military programs, potentially improving Mercury’s manufacturing throughput and delivery timelines. Mercury Systems and Palantir Partnership
• Neutral Sentiment: Multiple executives, including CEO William Ballhaus, sold shares totaling approximately $4.7 million. The filings indicate the transactions covered tax withholding on vested equity awards, limiting their significance as a bearish signal; no insider purchases were reported. Mercury Systems Insider Trading Filing
• Negative Sentiment: Adjusted EPS of $0.37 missed the $0.38 consensus and declined from $0.47 a year earlier. GAAP EPS was $0.01, while adjusted EBITDA and free cash flow also fell, overshadowing the bookings and revenue performance. Mercury Systems Earnings Reaction
• Negative Sentiment: Mercury’s fixed-price contracts expose margins to volatility in semiconductor and other component costs, raising concerns that higher input expenses could delay the expected earnings recovery. Mercury Systems Contract Risk

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MRCY. Osaic Holdings Inc. increased its holdings 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 worth $32,000 after purchasing an additional 208 shares during the last quarter. Leonteq Securities AG bought a new position in Mercury Systems during the fourth quarter valued at approximately $35,000. Hollencrest Capital Management purchased a new position in Mercury Systems during the 4th quarter valued at approximately $37,000. Public Employees Retirement System of Ohio purchased a new position in Mercury Systems during the 2nd quarter valued at approximately $43,000. Finally, Federated Hermes Inc. bought a new stake in Mercury Systems in the 2nd quarter worth approximately $43,000. Institutional investors own 95.99% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on MRCY shares. Deutsche Bank Aktiengesellschaft lowered Mercury Systems to a “hold” rating in a research note on Wednesday, August 12th. Canaccord Genuity Group upped their price objective on Mercury Systems from $106.00 to $128.00 and gave the stock a “buy” rating in a research note on Thursday. Royal Bank Of Canada increased their target price on Mercury Systems from $105.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday. The Goldman Sachs Group lifted their target price on Mercury Systems from $60.00 to $68.00 and gave the company a “sell” rating in a research note on Monday, May 11th. Finally, Piper Sandler reissued an “overweight” rating and issued a $131.00 price target (up from $126.00) on shares of Mercury Systems in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mercury Systems has an average rating of “Hold” and a consensus price target of $110.10.

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.