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
Website
CEO
Mark Aslett
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
MERCURY COMPUTER SYSTEMS INC
SEC CIK
Corporate docs
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
News
Mercury Systems receives $12M order for advanced packaging of GPS modules
9 Aug 22
This Biotechnology Stock Jumped Over 360%; Here Are 106 Biggest Movers From Yesterday
4 Aug 22
Expert Ratings for Mercury Systems
3 Aug 22
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
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
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
Mercury Investor Alert
17 Aug 22
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
Current price
Average target
$69.00
Low target
$66.00
High target
$72.00
RBC Capital
Maintains
$66.00
Baird
Upgraded
$72.00
Calendar
16 Aug 22
20 Aug 22
1 Jul 23
Financial summary
Quarter (USD) | Jul 22 | Apr 22 | Dec 21 | Oct 21 | |
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Diluted EPS |
Annual (USD) | Jul 22 | Jul 21 | Jul 20 | Jun 19 | |
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Cost of revenue | |||||
Operating income | |||||
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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 |
Recent insider trades
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 |
Institutional ownership, Q2 2022
97.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 243 |
Opened positions | 24 |
Closed positions | 35 |
Increased positions | 93 |
Reduced positions | 88 |
13F shares | Current |
---|---|
Total value | 3.6B |
Total shares | 56.04M |
Total puts | 62.9K |
Total calls | 64.3K |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.46M | $351.22M |
Vanguard | 5.05M | $324.99M |
William Blair Investment Management | 4.47M | $287.77M |
Starboard Value | 3.94M | $253.66M |
Jana Partners | 3.24M | $208.16M |
Conestoga Capital Advisors | 2.68M | $172.13M |
Bamco | 2.42M | $155.52M |
Wellington Management | 2.38M | $153.35M |
STT State Street | 2.38M | $153.31M |
BK Bank Of New York Mellon | 2.13M | $137.02M |
Financial report summary
?Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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New words:
activist, Acton, adversarial, altitude, anniversary, Army, Atlanta, attrition, Avalex, Badger, Bain, blocked, boot, Breeze, career, carryforward, CERCLA, Chapter, cohesive, Cold, commodity, Conant, conflict, consecutive, contamination, contest, correction, cryptography, decade, disparate, dividend, Dr, Ducommun, earth, emanating, emphasizing, encrypted, energy, exacerbated, FLIR, forty, freedom, freon, futureproofing, groundwater, Gulf, holder, Huber, hybrid, ICX, inconsistency, inflation, inflationary, inseparable, insolvency, interconnect, invasion, investor, IV, JANA, junior, LP, MA, Main, MassDEP, MBSE, Micro, Miltec, movement, NATO, nomination, NTS, onshore, ourself, Overnight, pill, play, Plug, poison, polyfluoroakyl, predecessor, predicated, proceeding, prolonged, realign, realigned, recessionary, recommendation, reconfigurable, recoup, recruiting, recruitment, redeemable, redeemed, reinforce, reinforcing, reiterated, reliant, remediation, resiliency, resilient, resolved, retention, reuse, role, rotorcraft, Russia, Russian, sea, session, shaping, Smart, SOFR, stagflation, stagnant, standstill, Starboard, Stevison, Street, suspended, Teledyne, temporarily, THAAD, thermal, trichloroethene, trillion, Ukraine, Unprecedented, vaccination, vaccine, vast, veteran, view, viewing, violent, vote, voting, water, White, wing, withdrawn, wrote
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
Financial reports
Current reports
8-K
Regulation FD Disclosure
9 Aug 22
8-K
Mercury Systems Reports Fourth Quarter and Fiscal 2022 Results
2 Aug 22
8-K
Entry into a Material Definitive Agreement
24 Jun 22
8-K
Regulation FD Disclosure
7 Jun 22
8-K
Mercury Systems Reports Third Quarter Fiscal 2022 Results
3 May 22
8-K
Entry into a Material Definitive Agreement
28 Feb 22
8-K
Regulation FD Disclosure
8 Feb 22
8-K
Mercury Systems Reports Second Quarter Fiscal 2022 Results
1 Feb 22
8-K
Entry into a Material Definitive Agreement
29 Dec 21
8-K
Regulation FD Disclosure
29 Nov 21
Registration and prospectus
8-A12B/A
Registration of securities on exchange (amended)
24 Jun 22
S-8
Registration of securities for employees
6 Jun 22
8-A12B
Registration of securities on exchange
29 Dec 21
S-8
Registration of securities for employees
9 Nov 21
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Nov 21
S-8
Registration of securities for employees
12 Nov 20
S-8
Registration of securities for employees
12 Nov 20
S-8 POS
Registration of securities for employees (post-effective amendment)
12 Nov 20
S-3ASR
Automatic shelf registration
14 Sep 20
S-8
Registration of securities for employees
6 Nov 19
Other
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
14 May 21
UPLOAD
Letter from SEC
9 Mar 21
CORRESP
Correspondence with SEC
8 Mar 21
UPLOAD
Letter from SEC
24 Feb 21
SD
Conflict minerals disclosure
1 Jun 20
SD
Conflict minerals disclosure
30 May 19
SD
Conflict minerals disclosure
29 May 18
SD
Conflict minerals disclosure
30 May 17
UPLOAD
Letter from SEC
28 Feb 17
Ownership
4
MERCURY SYSTEMS / Michelle M McCarthy ownership change
18 Aug 22
4
MERCURY SYSTEMS / Michael Ruppert ownership change
18 Aug 22
4
MERCURY SYSTEMS / CHRISTOPHER C CAMBRIA ownership change
18 Aug 22
4
MERCURY SYSTEMS / Brian E Perry ownership change
18 Aug 22
4
MERCURY SYSTEMS / MARK ASLETT ownership change
18 Aug 22
4
MERCURY SYSTEMS / Michael Ruppert ownership change
17 Aug 22
4
MERCURY SYSTEMS / Brian E Perry ownership change
17 Aug 22
4
MERCURY SYSTEMS / Michelle M McCarthy ownership change
17 Aug 22
4
MERCURY SYSTEMS / CHRISTOPHER C CAMBRIA ownership change
17 Aug 22
4
MERCURY SYSTEMS / MARK ASLETT ownership change
17 Aug 22
Patents
Utility
Die to Die Physical Layer Translation Switch
5 May 22
A physical translation switch may have two parallel channel interfaces (e.g., BoW interfaces) and two serial channel interfaces (e.g., XSR interfaces).
Utility
Redundant projected capacitive touch panel
16 Nov 21
An electronic display assembly includes a display layer for displaying an image, a projected capacitive touch panel with touch input areas, each of which are independently operable and configured to receive touch input from a user.
Utility
Method and system for intra-pulse frequency estimation against agile emitters
6 Jul 21
A radar detection system that estimates the received pulse frequency of a pulse in a received radar signal using a signal transmit frequency or one that uses frequency agility during a pulse duration.
Utility
Method and System for Intra-pulse Frequency Estimation Against Agile Emitters
3 Jun 21
A radar detection system that estimates the received pulse frequency of a pulse in a received radar signal using a signal transmit frequency or one that uses frequency agility during a pulse duration.
Utility
Challenge/response system
9 Feb 21
A challenge/response system separates a physically unclonable function from the challenge/response.
Transcripts
2022 Q4
Earnings call transcript
3 Aug 22
2022 Q3
Earnings call transcript
3 May 22
2022 Q2
Earnings call transcript
2 Feb 22
2022 Q1
Earnings call transcript
3 Nov 21
2021 Q4
Earnings call transcript
4 Aug 21
2021 Q1
Earnings call transcript
5 May 21
2021 Q2
Earnings call transcript
3 Feb 21
2021 Q1
Earnings call transcript
4 Nov 20
2020 Q4
Earnings call transcript
4 Aug 20
2020 Q3
Earnings call transcript
28 Apr 20
Reddit threads
Daily Discussion Thread - August 2nd, 2022
2 Aug 22
Daily Discussion Thread - August 1st, 2022
1 Aug 22
Q2 2022 Letters & Reports
1 Jul 22
Daily Discussion Thread - June 30, 2022
30 Jun 22
Mercury Systems (MRCY)
7 May 22
Daily Discussion Thread - May 3rd, 2022
3 May 22
Daily Discussion Thread - May 2nd, 2022
2 May 22
Daily Discussion Thread - February 1st, 2022
1 Feb 22
Daily Discussion Thread - January 31st, 2022
31 Jan 22
Daily Discussion Thread - November 2nd, 2021
2 Nov 21