Mercury Systems, Inc. (NASDAQ:MRCY – Get Rating) EVP Thomas Huber sold 2,584 shares of Mercury Systems stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $46.45, for a total transaction of $120,026.80. Following the transaction, the executive vice president now directly owns 67,455 shares of the company's stock, valued at $3,133,284.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Mercury Systems Stock Down 1.5 %

NASDAQ:MRCY opened at $46.50 on Friday. Mercury Systems, Inc. has a twelve month low of $44.04 and a twelve month high of $72.28. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 244.75, a price-to-earnings-growth ratio of 22.66 and a beta of 0.85. The stock has a fifty day simple moving average of $53.04 and a 200-day simple moving average of $58.49. The company has a current ratio of 4.20, a quick ratio of 2.81 and a debt-to-equity ratio of 0.29.

Wall Street Analyst Weigh In

Several research analysts have commented on MRCY shares. Robert W. Baird dropped their price objective on shares of Mercury Systems from $72.00 to $58.00 in a research note on Wednesday, August 3rd. Royal Bank of Canada decreased their target price on Mercury Systems from $72.00 to $66.00 and set an "outperform" rating for the company in a research report on Wednesday, August 3rd. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $64.00.

Institutional Trading of Mercury Systems

About Mercury Systems

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Mercury Systems, Inc, a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers.

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