Mercury Systems Inc (NASDAQ:MRCY) COO Didier M. C. Thibaud sold 3,500 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $48.00, for a total transaction of $168,000.00. Following the completion of the transaction, the chief operating officer now directly owns 362,440 shares in the company, valued at approximately $17,397,120. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Mercury Systems Inc (MRCY) opened at $44.36 on Thursday. Mercury Systems Inc has a 1 year low of $36.09 and a 1 year high of $55.00. The firm has a market cap of $2,142.45, a price-to-earnings ratio of 48.22, a price-to-earnings-growth ratio of 3.56 and a beta of 0.33.
Mercury Systems (NASDAQ:MRCY) last posted its quarterly earnings data on Tuesday, January 23rd. The technology company reported $0.28 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.02). The firm had revenue of $117.90 million for the quarter, compared to the consensus estimate of $114.89 million. Mercury Systems had a net margin of 9.61% and a return on equity of 6.32%. The company’s revenue was up 20.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.30 EPS. equities analysts expect that Mercury Systems Inc will post 1.09 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Castleark Management LLC grew its holdings in shares of Mercury Systems by 5.8% in the fourth quarter. Castleark Management LLC now owns 192,186 shares of the technology company’s stock worth $9,869,000 after purchasing an additional 10,480 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Mercury Systems by 724.9% in the fourth quarter. Millennium Management LLC now owns 175,961 shares of the technology company’s stock worth $9,036,000 after purchasing an additional 154,629 shares during the last quarter. Flinton Capital Management LLC grew its holdings in shares of Mercury Systems by 18.9% in the fourth quarter. Flinton Capital Management LLC now owns 7,684 shares of the technology company’s stock worth $395,000 after purchasing an additional 1,224 shares during the last quarter. Teachers Advisors LLC grew its holdings in shares of Mercury Systems by 1.6% in the fourth quarter. Teachers Advisors LLC now owns 86,321 shares of the technology company’s stock worth $4,433,000 after purchasing an additional 1,332 shares during the last quarter. Finally, Hanseatic Management Services Inc. grew its holdings in shares of Mercury Systems by 14,884.2% in the fourth quarter. Hanseatic Management Services Inc. now owns 5,694 shares of the technology company’s stock worth $292,000 after purchasing an additional 5,656 shares during the last quarter. Hedge funds and other institutional investors own 94.44% of the company’s stock.
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About Mercury Systems
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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