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

Key Points

• Mercury Systems EVP Steven Ratner sold 2,187 shares at an average price of $100.31, generating $219,377.97. The sale was made to cover tax withholding on vested equity awards, leaving him with 24,301 shares.
• Ratner also sold shares in three other recent transactions, while other executives reportedly sold approximately $4.7 million in stock for similar tax-related reasons; no insider purchases were reported.
• Mercury’s quarterly revenue rose 6.1% year over year to $289.8 million and exceeded estimates, but adjusted EPS of $0.37 narrowly missed consensus and declined from $0.47 a year earlier. Analysts’ consensus rating remains Hold, with an average price target of $110.10.

Mercury Systems Inc (NASDAQ:MRCY - Get Free Report) EVP Steven Ratner sold 2,187 shares of Mercury Systems stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $100.31, for a total transaction of $219,377.97. Following the completion of the transaction, the executive vice president directly owned 24,301 shares of the company's stock, 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 document filed with the SEC, which is available at this link. 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 transaction 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 transaction 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 value of $119,185.80.

Mercury Systems Stock Performance

Shares of NASDAQ:MRCY traded down $2.87 during trading on Friday, hitting $91.36. 1,117,619 shares of the company traded hands, compared to its average volume of 675,344. 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 business's fifty day moving average is $108.12 and its 200-day moving average is $94.88. The stock has a market capitalization of $5.49 billion, a price-to-earnings ratio of -182.72 and a beta of 0.95. Mercury Systems Inc has a one year low of $65.04 and a one year high of $128.45.

Mercury Systems (NASDAQ:MRCY - Get Free Report) last announced its quarterly 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). Mercury Systems had a positive return on equity of 1.29% and a negative net margin of 3.02%.The company had revenue of $289.78 million during the quarter, compared to the consensus estimate of $266.09 million. During the same period last year, the business posted $0.47 EPS. The company's revenue for the quarter was up 6.1% on a year-over-year basis. As a group, equities analysts predict that Mercury Systems Inc will post 0.77 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MRCY has been the subject of several analyst reports. Canaccord Genuity Group boosted their price target on shares of Mercury Systems from $106.00 to $128.00 and gave the company a "buy" rating in a report on Thursday. Jefferies Financial Group reaffirmed a "hold" rating and issued a $115.00 price objective on shares of Mercury Systems in a report on Friday, July 10th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Mercury Systems in a research report on Friday, July 17th. Piper Sandler reissued an "overweight" rating and set a $131.00 target price (up from $126.00) on shares of Mercury Systems in a research note on Wednesday. Finally, Wall Street Zen cut shares of Mercury Systems from a "buy" rating to a "hold" rating in a research report on Saturday, July 18th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $110.10.

Trending Headlines about Mercury Systems

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

• Positive Sentiment: Mercury reported record fourth-quarter bookings of approximately $660 million, up 93% year over year, with a 2.28 book-to-bill ratio. Backlog surpassed $1.9 billion, rising 38.4% and improving longer-term revenue visibility. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Revenue increased 6.1% year over year to approximately $289.8 million, well above the roughly $266.1 million analyst estimate. RBC raised its price target to $120, while Piper Sandler lifted its target to $131 and reaffirmed an “Overweight” rating; Baird also forecast substantial appreciation. Royal Bank of Canada Mercury Systems Forecast
• Positive Sentiment: A strategic alliance with Palantir Technologies is intended to automate material planning and factory operations for U.S. military programs. Investors may view the partnership as a potential catalyst for higher production throughput and shorter delivery times. Mercury Systems and Palantir Partnership
• Neutral Sentiment: Multiple executives sold shares in transactions totaling roughly $4.7 million. The filings say the sales covered tax withholding on vested equity awards, limiting their value as a bearish signal, although no insider purchases were reported. Mercury Systems 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, adjusted EBITDA declined to $49 million, and free cash flow fell to $29 million, overshadowing the strong bookings and revenue figures. Why Mercury Systems Is Down
• Negative Sentiment: Mercury’s fixed-price contracts expose margins to volatility in advanced semiconductor costs. Rising component expenses could pressure profitability before the company can adjust pricing or supply arrangements. Mercury Systems Fixed-Price Contract Risk

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC bought a new position in shares of Mercury Systems in the first quarter worth $755,000. Goldman Sachs Group Inc. raised its stake in shares of Mercury Systems by 51.6% during the first quarter. Goldman Sachs Group Inc. now owns 855,441 shares of the technology company's stock valued at $36,861,000 after purchasing an additional 290,989 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Mercury Systems by 13.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 159,617 shares of the technology company's stock valued at $6,878,000 after purchasing an additional 18,916 shares in the last quarter. Jane Street Group LLC lifted its holdings in Mercury Systems by 161.3% in the first quarter. Jane Street Group LLC now owns 50,769 shares of the technology company's stock worth $2,188,000 after purchasing an additional 31,337 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in Mercury Systems by 30.3% in the second quarter. JPMorgan Chase & Co. now owns 124,973 shares of the technology company's stock worth $6,731,000 after purchasing an additional 29,057 shares during the period. Institutional investors and hedge funds own 95.99% of the company's stock.

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.

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