Steven Ratner, Executive Vice President and Chief Human Resources Officer of Mercury Systems Inc., sold 356 common shares on August 21 at $91.36 per share, totaling $32,524, according to a regulatory filing. Ratner retained 23,275 shares directly following the transaction.
The disposal occurred as Mercury Systems’ stock, listed on the NASDAQ under ticker MRCY, declined 16% over the prior week. At the time of the article’s reference, shares were trading at $87.74, below the sale price.
Mercury Systems reported record quarterly revenue of $289.8 million for the fourth fiscal quarter of 2026, representing 6.1% organic growth year-over-year. Adjusted earnings per share stood at $0.37, slightly below the consensus estimate of $0.38. Order bookings surged 93.1% year-over-year, lifting the total backlog to $1.945 billion, a 38.4% increase from the prior period.
Analysts have maintained positive outlooks on the stock. Piper Sandler raised its price target to $131 with an overweight rating, while RBC Capital increased its target from $105 to $120, maintaining an Outperform rating. Baird reiterated an Outperform rating with a $130 price target.
