Mercury Systems Inc (NASDAQ:MRCY) insider Mark Aslett sold 9,600 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $52.17, for a total value of $500,832.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Mark Aslett also recently made the following trade(s):

  • On Thursday, November 16th, Mark Aslett sold 9,600 shares of Mercury Systems stock. The stock was sold at an average price of $50.11, for a total value of $481,056.00.
  • On Monday, October 30th, Mark Aslett sold 4,800 shares of Mercury Systems stock. The stock was sold at an average price of $49.92, for a total value of $239,616.00.
  • On Monday, September 11th, Mark Aslett sold 4,800 shares of Mercury Systems stock. The stock was sold at an average price of $47.42, for a total value of $227,616.00.
  • On Tuesday, September 12th, Mark Aslett sold 9,600 shares of Mercury Systems stock. The stock was sold at an average price of $47.32, for a total value of $454,272.00.

Shares of Mercury Systems Inc (MRCY) traded down $0.40 on Friday, hitting $51.79. The company had a trading volume of 214,847 shares, compared to its average volume of 412,246. The stock has a market capitalization of $2,500.00, a P/E ratio of 56.57, a price-to-earnings-growth ratio of 4.37 and a beta of 0.22. Mercury Systems Inc has a one year low of $29.11 and a one year high of $54.49.

Mercury Systems (NASDAQ:MRCY) last issued its quarterly earnings results on Tuesday, October 24th. The technology company reported $0.37 EPS for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.11. The company had revenue of $106.10 million during the quarter, compared to the consensus estimate of $105.18 million. Mercury Systems had a return on equity of 6.51% and a net margin of 9.14%. Mercury Systems’s revenue was up 21.1% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share. equities analysts forecast that Mercury Systems Inc will post 1.08 EPS for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of Montreal Can increased its position in shares of Mercury Systems by 29.2% during the second quarter. Bank of Montreal Can now owns 2,459 shares of the technology company’s stock valued at $104,000 after acquiring an additional 556 shares during the last quarter. Advisor Group Inc. increased its position in shares of Mercury Systems by 97.8% during the third quarter. Advisor Group Inc. now owns 2,556 shares of the technology company’s stock valued at $132,000 after acquiring an additional 1,264 shares during the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of Mercury Systems during the third quarter valued at approximately $206,000. Ameritas Investment Partners Inc. increased its position in shares of Mercury Systems by 5.0% during the second quarter. Ameritas Investment Partners Inc. now owns 4,114 shares of the technology company’s stock valued at $173,000 after acquiring an additional 195 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC purchased a new stake in shares of Mercury Systems during the third quarter valued at approximately $215,000. 96.47% of the stock is owned by institutional investors.

MRCY has been the topic of a number of research reports. SunTrust Banks reaffirmed a “buy” rating and set a $51.00 price target on shares of Mercury Systems in a research note on Monday, October 2nd. Noble Financial reissued a “hold” rating on shares of Mercury Systems in a research note on Thursday, October 26th. Robert W. Baird reissued a “buy” rating and issued a $48.00 price objective on shares of Mercury Systems in a research note on Tuesday, October 24th. Finally, Zacks Investment Research downgraded Mercury Systems from a “hold” rating to a “sell” rating in a research note on Thursday, September 14th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Mercury Systems presently has an average rating of “Buy” and a consensus price target of $51.17.

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Mercury Systems Company Profile

Mercury Systems, Inc is a commercial provider of secure processing subsystems designed and made in the United States. The Company’s solutions support a range of defense and intelligence programs. Its technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.

Insider Buying and Selling by Quarter for Mercury Systems (NASDAQ:MRCY)

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