Steven Ratner Sells 2,187 Shares of Mercury Systems (NASDAQ:MRCY) Stock

Mercury Systems Inc (NASDAQ:MRCY) EVP Steven Ratner sold 2,187 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $100.31, for a total value of $219,377.97. Following the sale, the executive vice president directly owned 24,301 shares in the company, valued at $2,437,633.31. This trade represents a 8.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Steven Ratner also recently made the following trade(s):

• On Thursday, August 20th, Steven Ratner sold 1,026 shares of Mercury Systems stock. The stock was sold at an average price of $97.67, for a total value of $100,209.42.
• On Tuesday, August 18th, Steven Ratner sold 1,971 shares of Mercury Systems stock. The stock was sold at an average price of $111.36, for a total value of $219,490.56.
• On Monday, August 17th, Steven Ratner sold 1,084 shares of Mercury Systems stock. The shares were sold at an average price of $109.95, for a total transaction of $119,185.80.

Mercury Systems Stock Performance

Shares of NASDAQ MRCY opened at $91.36 on Friday. The firm’s 50-day moving average price is $107.54 and its 200-day moving average price is $94.85. The company has a quick ratio of 2.15, a current ratio of 2.96 and a debt-to-equity ratio of 0.29. The company has a market cap of $5.49 billion, a PE ratio of -182.72 and a beta of 0.95. Mercury Systems Inc has a 52-week low of $65.04 and a 52-week high of $128.45.

Mercury Systems (NASDAQ:MRCY) last released 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 company had revenue of $289.78 million for the quarter, compared to analysts’ expectations of $266.09 million. Mercury Systems had a negative net margin of 3.02% and a positive return on equity of 1.29%. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.47 earnings per share. As a group, analysts anticipate that Mercury Systems Inc will post 0.77 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MRCY. Royal Bank Of Canada upped their price objective on Mercury Systems from $105.00 to $120.00 and gave the company an “outperform” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Mercury Systems in a research report on Friday, July 17th. Truist Financial increased their price objective on shares of Mercury Systems from $109.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday. Jefferies Financial Group restated a “hold” rating and set a $115.00 target price on shares of Mercury Systems in a research report on Friday, July 10th. Finally, Canaccord Genuity Group upped their target price on shares of Mercury Systems from $106.00 to $128.00 and gave the company a “buy” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $110.10.

Institutional Trading of Mercury Systems

Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. bought a new stake in Mercury Systems during the second quarter valued at about $1,146,342,000. Rice Hall James & Associates LLC purchased a new position in shares of Mercury Systems in the second quarter valued at about $4,866,000. Louisiana State Employees Retirement System bought a new position in shares of Mercury Systems in the first quarter worth about $1,706,000. One Capital Management LLC boosted its stake in shares of Mercury Systems by 43.6% in the fourth quarter. One Capital Management LLC now owns 29,300 shares of the technology company’s stock worth $2,139,000 after acquiring an additional 8,893 shares during the period. Finally, Bessemer Group Inc. grew its position in shares of Mercury Systems by 45.6% during the fourth quarter. Bessemer Group Inc. now owns 399,496 shares of the technology company’s stock worth $29,168,000 after purchasing an additional 125,194 shares in the last quarter. 95.99% of the stock is currently owned by institutional investors.

Key Stories Impacting Mercury Systems

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

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.