Mercury Systems (MRCY)

Mercury Systems is a leading technology company serving the aerospace and defense industry, positioned at the intersection of high-tech and defense. Headquartered in Andover, Mass., the Company delivers solutions that power a broad range of aerospace and defense programs, optimized for mission success in some of the most challenging and demanding environments. The Company envisions, creates and delivers innovative technology solutions purpose-built to meet customers' most-pressing high-tech needs, including those specific to the defense community.

Company profile

Ticker

MRCY

Exchange

NASDAQ

Website

www.mrcy.com

CEO

Mark Aslett

Incorporated

Massachusetts

Location

Massachusetts

Fiscal year end

Jul 01

Sector

Manufacturing > Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing

Industry (SIC)

Electronic Components & Accessories

Vishay Intertechnology • Hubbell • Snap One • Kemet • AVX • Universal Display • Vishay Precision • Video Display • Intricon • Tel Instrument Electronics ...

Former names

MERCURY COMPUTER SYSTEMS INC

SEC CIK

0001049521

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Mercury Mission Systems, LLC • Pentek Systems, Inc. • Lexavia Integrated Systems, LLC • Nihon Mercury Computer Systems K.K. • Mercury Computer Systems Limited • Mercury Mission Systems Canada, Inc. • Mercury Mission Systems International • Mercury Mission Systems International, SA • Mercury Systems SARL ...

IRS number

42741391

MRCY stock data

1M 1Y 5Y

News

From Benzinga Pro

Mercury Systems receives $12M order for advanced packaging of GPS modules

9 Aug 22

Mercury Systems Inc. (NASDAQ:MRCY, , www.mrcy.com)))), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced it received a $12 million order from a leading defense

This Biotechnology Stock Jumped Over 360%; Here Are 106 Biggest Movers From Yesterday

4 Aug 22

Gainers Quoin Pharmaceuticals, Ltd. (NASDAQ: QNRX) shares surged 360.5% to settle at $19.80 on Wednesday on above-average volume.

Expert Ratings for Mercury Systems

3 Aug 22

Mercury Systems (NASDAQ:MRCY) has observed the following analyst ratings within the last quarter:

8 Industrials Stocks Moving In Wednesday's Intraday Session

3 Aug 22

Why Poseida Therapeutics Almost Doubled Today, Here Are 75 Stocks Moving In Wednesday's Mid-Day Session

3 Aug 22

Press releases

From Benzinga Pro

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Mercury To Contact Him Directly To Discuss Their Options

19 Aug 22

NEW YORK, NY / ACCESSWIRE / August 19, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Mercury Systems, Inc. ("Mercury" or the

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Mercury To Contact Him Directly To Discuss Their Options

18 Aug 22

NEW YORK, NY / ACCESSWIRE / August 18, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Mercury Systems, Inc. ("Mercury" or the

Mercury Investor Alert

17 Aug 22

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Mercury To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - August 17,

Bragar Eagel & Squire, P.C. Is Investigating TuSimple, Mercury, Cassava, and U.S. Bancorp and Encourages Investors to Contact the Firm

15 Aug 22

Mercury Investor Alert

15 Aug 22

Analyst ratings and price targets

Last 3 months

Average target

$69.00

Low target

$66.00

High target

$72.00

Calendar

16 Aug 22

20 Aug 22

1 Jul 23

Financial summary

Financial statements Chart MRCY financial data

Quarter (USD)	Jul 22	Apr 22	Dec 21	Oct 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jul 22	Jul 21	Jul 20	Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	65.65M	65.65M	65.65M	65.65M	65.65M	65.65M
Cash burn (monthly)	8.68M	4.02M	(no burn)	(no burn)	6.48M	1.57M
Cash used (since last report)	14.34M	6.63M	n/a	n/a	10.7M	2.6M
Cash remaining	51.31M	59.02M	n/a	n/a	54.95M	63.06M
Runway (months of cash)	5.9	14.7	n/a	n/a	8.5	40.1

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

MRCY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 Aug 22	McCarthy Michelle M	Common Stock	Sell	Dispose S	No	No	51.506	90	4.64K	15,027
17 Aug 22	McCarthy Michelle M	Common Stock	Sell	Dispose S	No	No	51.2086	321	16.44K	15,117
17 Aug 22	Ruppert Michael	Common Stock	Sell	Dispose S	No	No	51.1678	1,162	59.46K	204,879
17 Aug 22	Christopher C Cambria	Common Stock	Sell	Dispose S	No	No	51.2389	461	23.62K	116,551
17 Aug 22	Brian E Perry	Common Stock	Sell	Dispose S	No	No	51.1209	499	25.51K	89,517
17 Aug 22	Aslett Mark	Common Stock	Sell	Dispose S	No	No	51.2325	3,725	190.84K	525,910
16 Aug 22	McCarthy Michelle M	Common Stock	Sell	Dispose S	No	No	51.13	186	9.51K	15,438
16 Aug 22	McCarthy Michelle M	Common Stock	Sell	Dispose S	No	No	51.2286	418	21.41K	15,624
16 Aug 22	Ruppert Michael	Common Stock	Sell	Dispose S	No	No	51.2888	1,883	96.58K	206,041
16 Aug 22	Christopher C Cambria	Common Stock	Sell	Dispose S	No	No	51.4001	686	35.26K	117,012

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q2 2022

MRCY institutional ownership history Ownership history

97.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	243	254	-4.3%
Opened positions	24	41	-41.5%
Closed positions	35	36	-2.8%
Increased positions	93	89	+4.5%
Reduced positions	88	87	+1.1%

13F shares	Current	Prev Q	Change
Total value	3.6B	3.74B	-3.7%
Total shares	56.04M	58.04M	-3.5%
Total puts	62.9K	213.2K	-70.5%
Total calls	64.3K	67.1K	-4.2%
Total put/call ratio	1.0	3.2	-69.2%

Largest owners	Shares	Value	Change
BLK Blackrock	5.46M	$351.22M	+2.6%
Vanguard	5.05M	$324.99M	+2.2%
William Blair Investment Management	4.47M	$287.77M	-2.9%
Starboard Value	3.94M	$253.66M	+10.0%
Jana Partners	3.24M	$208.16M	0.0%
Conestoga Capital Advisors	2.68M	$172.13M	-0.3%
Bamco	2.42M	$155.52M	+15.6%
Wellington Management	2.38M	$153.35M	-14.5%
STT State Street	2.38M	$153.31M	-2.9%
BK Bank Of New York Mellon	2.13M	$137.02M	-9.7%

Largest transactions	Shares	Bought/sold	Change
GS Goldman Sachs	301.66K	-1.89M	-86.2%
Victory Capital Management	1.06M	+1.05M	+8120.9%
BNS Bank Of Nova Scotia	62.42K	-700.75K	-91.8%
BAC Bank Of America	161.66K	-635.31K	-79.7%
IVZ Invesco	1.18M	+461.3K	+64.0%
Wellington Management	2.38M	-405.9K	-14.5%
NMR Nomura	0	-386.84K	EXIT
Starboard Value	3.94M	+359.31K	+10.0%
Bamco	2.42M	+326.2K	+15.6%
BK Bank Of New York Mellon	2.13M	-229.02K	-9.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Frequency Electronics • Kratos Defense & Security Solutions • TTM • SMART Global

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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Removed: arise, assigning, backplane, bringing, capitalization, certifiable, clarify, combatant, commonly, deterioration, Didier, DMEA, drew, element, estimation, Ethernet, exceeded, exercised, FAA, fact, family, fighting, forma, Gorgon, housing, Imaging, implemented, innovator, intrinsic, IO, JAA, jamming, module, moving, occurred, participated, physically, privately, pro, qualitative, Raptor, read, receiver, reconcile, recurring, reimburseable, repaid, resident, retrospective, rounding, ruggedization, run, separation, spare, Stare, stealth, subassembly, sum, supplying, syndicate, targeting, thereto, Thibaud, Transport, unaudited, uniform, Visualization

From filing 10-K 2022 FY

Financial reports

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