Steven Ratner, Executive Vice President and Chief Human Resources Officer of Mercury Systems Inc., sold 356 shares of the company's common stock on August 21 at $91.36 per share, totaling $32,524, according to a regulatory filing signed by attorney-in-fact Douglas Munro on August 25.
Ratner retains 23,275 shares directly following the transaction. Mercury Systems' stock has declined 16% over the past week, trading at $87.74 as of the latest session, below Ratner's sale price.
The company reported record fourth-quarter fiscal 2026 revenue of $289.8 million, a 6.1% organic increase year-over-year and above Wall Street estimates. Adjusted earnings per share came in at $0.37, slightly below the consensus of $0.38. Bookings surged 93.1% year-over-year, while the total backlog reached $1.945 billion, up 38.4% from the prior year.
Analysts have maintained positive outlooks. Piper Sandler raised its price target to $131 with an Overweight rating, RBC Capital increased its target to $120 (from $105) with an Outperform rating, and Baird reiterated its Outperform rating with a $130 price target.
