Mercury Systems Inc’s recent filing unveils that its EVP, COO Wells Charles Roger IV unloaded Company’s shares for reported $59241.0 on Nov 18 ’24. In the deal valued at $38.80 per share,1,527 shares were sold. As a result of this transaction, Wells Charles Roger IV now holds 113,488 shares worth roughly $4.78 million.
Then, Wells Charles Roger IV bought 1,527 shares, generating $59,242 in total proceeds.
Before that, Georges Stephanie bought 2,013 shares. Mercury Systems Inc shares valued at $73,867 were divested by the Former Officer at a price of $36.70 per share.
Jefferies upgraded its Mercury Systems Inc [MRCY] rating to a Hold from a an Underperform in a research note published on November 11, 2024; the price target was increased to $42 from $30. A number of analysts have revised their coverage, including Alembic Global Advisors’s analysts, who increased its forecast for the stock in mid August from “a Neutral” to “an Overweight”. Truist also remained covering MRCY and has decreased its forecast on February 07, 2024 with a “Hold” recommendation from previously “Buy” rating. Goldman revised its rating on January 10, 2024. It rated MRCY as “a Sell” which previously was an “a Neutral”.
Price Performance Review of MRCY
On Tuesday, Mercury Systems Inc [NASDAQ:MRCY] saw its stock jump 0.24% to $42.09. Over the last five days, the stock has gained 2.11%. Mercury Systems Inc shares have risen nearly 0.21% since the year began. Nevertheless, the stocks have risen 37.10% over the past one year. While a 52-week high of $44.62 was reached on 01/21/25, a 52-week low of $25.31 was recorded on 01/29/25. SMA at 50 days reached $40.89, while 200 days put it at $35.45.
Levels Of Support And Resistance For MRCY Stock
The 24-hour chart illustrates a support level at 41.14, which if violated will result in even more drops to 40.20. On the upside, there is a resistance level at 42.79. A further resistance level may holdings at 43.50. The Relative Strength Index (RSI) on the 14-day chart is 52.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.46%. Stochastics %K at 48.33% indicates the stock is a holding.
How much short interest is there in Mercury Systems Inc?
A steep rise in short interest was recorded in Mercury Systems Inc stocks on 2025-01-15, dropping by -0.16 million shares to a total of 4.36 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.52 million shares. There was a decline of -3.76%, which implies that there is a negative sentiment for the stock.
