Mercury Systems Inc (NASDAQ:MRCY) COO Didier M. C. Thibaud sold 3,500 shares of Mercury Systems stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $49.52, for a total transaction of $173,320.00. Following the completion of the sale, the chief operating officer now directly owns 379,940 shares of the company’s stock, valued at approximately $18,814,628.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Mercury Systems Inc (MRCY) opened at $51.79 on Monday. The firm has a market cap of $2,500.00, a price-to-earnings ratio of 55.69, a price-to-earnings-growth ratio of 4.30 and a beta of 0.23. Mercury Systems Inc has a 52-week low of $29.11 and a 52-week high of $54.49.
Mercury Systems (NASDAQ:MRCY) last announced its quarterly earnings data 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 business had revenue of $106.10 million during the quarter, compared to analyst estimates of $105.18 million. Mercury Systems had a net margin of 9.14% and a return on equity of 6.51%. The firm’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.22 earnings per share. equities research analysts anticipate that Mercury Systems Inc will post 1.08 earnings per share for the current year.
Institutional investors and hedge funds have recently made changes to their positions in the company. Bank of Montreal Can raised 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 buying an additional 556 shares during the last quarter. Advisor Group Inc. raised 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 buying an additional 1,264 shares during the last quarter. Ameritas Investment Partners Inc. raised 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 buying an additional 195 shares during the last quarter. Shelton Capital Management acquired a new position in shares of Mercury Systems during the second quarter valued at about $200,000. Finally, Flinton Capital Management LLC raised its position in shares of Mercury Systems by 72.3% during the second quarter. Flinton Capital Management LLC now owns 4,862 shares of the technology company’s stock valued at $205,000 after buying an additional 2,040 shares during the last quarter. 96.47% of the stock is owned by institutional investors and hedge funds.
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.
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