Steven Ratner Sells 1,971 Shares of Mercury Systems (NASDAQ:MRCY) Stock

Mercury Systems Inc (NASDAQ:MRCY) EVP Steven Ratner sold 1,971 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $111.36, for a total transaction of $219,490.56. Following the transaction, the executive vice president owned 26,488 shares in the company, valued at approximately $2,949,703.68. This trade represents a 6.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 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 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

NASDAQ:MRCY traded down $3.75 during trading hours on Wednesday, reaching $101.25. 1,723,371 shares of the company’s stock were exchanged, compared to its average volume of 669,717. Mercury Systems Inc has a 1-year low of $62.78 and a 1-year high of $128.45. 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 firm has a market capitalization of $6.08 billion, a price-to-earnings ratio of -421.88 and a beta of 0.95. The company has a 50-day moving average of $108.73 and a 200 day moving average of $94.85.

Mercury Systems (NASDAQ:MRCY) last posted its quarterly earnings data on Tuesday, August 18th. The technology company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). Mercury Systems had a negative net margin of 1.46% and a positive return on equity of 2.22%. The business had revenue of $289.78 million during the quarter, compared to analyst estimates of $266.09 million. During the same quarter in the prior year, the firm posted $0.47 earnings per share. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. Research analysts anticipate that Mercury Systems Inc will post 0.33 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on the company. Wall Street Zen downgraded Mercury Systems from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Deutsche Bank Aktiengesellschaft downgraded Mercury Systems to a “hold” rating in a research note on Wednesday, August 12th. Royal Bank Of Canada boosted their target price on Mercury Systems from $105.00 to $120.00 and gave the company an “outperform” rating in a report on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Mercury Systems in a report on Friday, July 17th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $131.00 price objective (up from $126.00) on shares of Mercury Systems in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $106.80.

Key Mercury Systems News

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

• Positive Sentiment: Record fourth-quarter bookings rose 93.1% year over year to approximately $660 million, producing a 2.28 book-to-bill ratio. Backlog exceeded $1.9 billion, up 38.4% year over year, improving visibility as production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Fourth-quarter revenue increased 6.1% to roughly $290 million, exceeding analyst expectations near $266 million. Management’s fiscal 2027 targets point to low-double-digit revenue growth and potentially stronger performance ahead. Mercury Systems Q4 Earnings in Line, Revenues Top on Bookings
• Positive Sentiment: Several analysts raised their outlooks after the results. RBC increased its price target to $120 with an “outperform” rating, while Baird raised its target to $130 and Piper Sandler lifted its “overweight” target to $131. These Analysts Raise Their Forecasts on Mercury Systems After Q4 Results
• Neutral Sentiment: The broader market backdrop was mixed, with investors also monitoring geopolitical developments and technology stocks, potentially adding volatility to MRCY’s post-earnings reaction. Stock Market Futures Mixed
• Negative Sentiment: Adjusted EPS was $0.37, slightly below the $0.38 consensus and down from $0.47 a year earlier. GAAP EPS fell to approximately $0.01 from $0.27, while adjusted EBITDA declined to $49 million from $51 million. Lower profitability overshadowed the demand signals. Mercury Systems Drops as Q4 EPS Miss Overshadows Record Bookings
• Negative Sentiment: Fourth-quarter free cash flow eased to $29 million from $34 million, and full-year operating and free cash flow were below fiscal 2025 levels. Reported insider activity also showed sales and no open-market purchases in the past six months, adding a cautious signal.

Hedge Funds Weigh In On Mercury Systems

Several hedge funds have recently bought and sold shares of the company. Osaic Holdings Inc. raised its holdings in Mercury Systems by 53.2% during 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 acquired a new stake in Mercury Systems in the fourth quarter valued at $35,000. Hollencrest Capital Management purchased a new position in shares of Mercury Systems in the fourth quarter valued at $37,000. Public Employees Retirement System of Ohio purchased a new position in shares of Mercury Systems in the second quarter valued at $43,000. Finally, Federated Hermes Inc. acquired a new position in shares of Mercury Systems during the 2nd quarter worth $43,000. 95.99% of the stock is owned by hedge funds and other institutional investors.

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.