Mercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers. The company offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; modules and sub-assemblies, such as embedded processing modules and boards, switched fabric boards, digital receiver boards, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video processing, and Ethernet and input-output boards; and integrated subsystems. It also designs and develops digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was incorporated in 1981 and is headquartered in Andover, Massachusetts.
Company profile
Ticker
MRCY
Exchange
Website
CEO
Dr. William L. Ballhaus
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MERCURY COMPUTER SYSTEMS INC
SEC CIK
Corporate docs
Subsidiaries
Mercury Mission Systems, LLC • 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
Analyst ratings and price targets
Latest filings (excl ownership)
DEF 14A
Definitive proxy
12 Sep 24
ARS
2024 FY
Annual report to shareholders
12 Sep 24
10-K
2024 FY
Annual report
13 Aug 24
8-K
Mercury Systems Reports Fourth Quarter and Fiscal 2024 Results
13 Aug 24
8-K
Cost Associated with Exit or Disposal Activities
18 Jun 24
SD
Conflict minerals disclosure
30 May 24
S-8
Registration of securities for employees
8 May 24
10-Q
2024 Q3
Quarterly report
7 May 24
8-K
Mercury Systems Reports Third Quarter Fiscal 2024 Results
7 May 24
8-K
Departure of Directors or Certain Officers
8 Feb 24
Transcripts
MRCY
Earnings call transcript
2024 Q4
13 Aug 24
MRCY
Earnings call transcript
2024 Q3
7 May 24
MRCY
Earnings call transcript
2024 Q2
6 Feb 24
MRCY
Earnings call transcript
2024 Q1
7 Nov 23
MRCY
Earnings call transcript
2023 Q4
15 Aug 23
MRCY
Earnings call transcript
2023 Q4
15 Aug 23
MRCY
Earnings call transcript
2023 Q3
2 May 23
MRCY
Earnings call transcript
2023 Q2
31 Jan 23
MRCY
Earnings call transcript
2023 Q1
2 Nov 22
MRCY
Earnings call transcript
2022 Q4
3 Aug 22
Latest ownership filings
144
Notice of proposed sale of securities
8 Oct 24
4
Douglas Munro
18 Sep 24
4/A
Douglas Munro
18 Sep 24
4/A
Charles Roger IV Wells
18 Sep 24
4/A
STUART KUPINSKY
18 Sep 24
4/A
Stephanie Georges
18 Sep 24
4/A
David E. Farnsworth
18 Sep 24
4/A
William L Ballhaus
18 Sep 24
144
Notice of proposed sale of securities
16 Sep 24
4
Debora A Plunkett
13 Sep 24
Financial summary
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Diluted EPS |
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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) | 180.52 mm | 180.52 mm | 180.52 mm | 180.52 mm | 180.52 mm | 180.52 mm |
Cash burn (monthly) | (no burn) | (no burn) | 6.20 mm | 15.77 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 23.70 mm | 60.28 mm | n/a | n/a |
Cash remaining | n/a | n/a | 156.83 mm | 120.24 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 25.3 | 7.6 | n/a | n/a |
Institutional ownership, Q2 2024
13F holders | Current |
---|---|
Total holders | 231 |
Opened positions | 40 |
Closed positions | 25 |
Increased positions | 88 |
Reduced positions | 77 |
13F shares | Current |
---|---|
Total value | 1.70 tn |
Total shares | 64.20 mm |
Total puts | 127.10 k |
Total calls | 194.70 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 8.81 mm | $237.75 bn |
JANA Partners Management | 6.92 mm | $186.90 bn |
William Blair Investment Management | 6.42 mm | $173.18 bn |
Vanguard | 5.72 mm | $154.26 bn |
STT State Street | 3.33 mm | $89.80 bn |
Starboard Value | 2.29 mm | $61.92 bn |
Dimensional Fund Advisors | 2.03 mm | $54.71 bn |
Victory Capital Management | 1.81 mm | $48.95 bn |
WHG Westwood | 1.45 mm | $39.09 bn |
Segall Bryant & Hamill | 1.31 mm | $35.37 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Sep 24 | Douglas Munro | Common Stock | Sell | Dispose S | No | No | 37.5975 | 69 | 2.59 k | 15,292 |
30 Aug 24 | Debora A Plunkett | Common Stock | Sell | Dispose S | No | No | 38.067 | 1,843 | 70.16 k | 11,339 |
27 Aug 24 | JANA Partners Management | Common Stock | Buy | Acquire P | Yes | No | 37.25 | 13,600 | 506.60 k | 6,944,633 |
22 Aug 24 | Steven Ratner | Common Stock | Sell | Dispose S | Yes | No | 36.9 | 430 | 15.87 k | 0 |
21 Aug 24 | Steven Ratner | Common Stock | Sell | Dispose S | No | No | 38.4107 | 3,891 | 149.46 k | 60,079 |
News
JP Morgan Maintains Neutral on Mercury Sys, Raises Price Target to $36
5 Sep 24
Around $2M Bet On HighPeak Energy? Check Out These 3 Stocks Executives Are Buying
30 Aug 24
Alembic Global Upgrades Mercury Sys to Overweight, Announces $48 Price Target
19 Aug 24
S&P 500, Dow Jones Gain For 5th Straight Session Following Inflation Report: Greed Index Remains In 'Fear' Zone
15 Aug 24
Crude Oil Down Over 1%; Mercury Systems Shares Spike Higher
14 Aug 24
Press releases
Mercury Selected by NAVAIR To Continue To Provide Advanced Data Transfer Systems for Navy Aircraft
21 Oct 24
Mercury Systems to Report First Quarter Fiscal Year 2025 Financial Results on November 5, 2024
15 Oct 24
Mercury To Provide Upgraded Processing Power for Refueling System on U.S. Air Force's KC-46A Tanker Fleet
30 Sep 24
Mercury Introduces New Small Form Factor Digital Signal Processing Module Powered by Altera Agilex FPGAs
16 Sep 24
Mercury Systems Reports Fourth Quarter and Fiscal 2024 Results
13 Aug 24