Mercury Systems Inc’s filing revealed 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 $5.31 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.
Robert W. Baird upgraded its Mercury Systems Inc [MRCY] rating to an Outperform from a a Neutral in a research note published on February 05, 2025; the price target was increased to $58 from $37. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid November from “an Underperform” to “a Hold”. Alembic Global Advisors also remained covering MRCY and has increased its forecast on August 19, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Truist revised its rating on February 07, 2024. It rated MRCY as “a Hold” which previously was an “a Buy”.
Price Performance Review of MRCY
On Tuesday, Mercury Systems Inc [NASDAQ:MRCY] saw its stock fall -0.49% to $46.76. Over the last five days, the stock has gained 11.10%. Mercury Systems Inc shares have risen nearly 11.33% since the year began. Nevertheless, the stocks have risen 78.27% over the past one year. While a 52-week high of $52.25 was reached on 02/05/25, a 52-week low of $26.48 was recorded on 01/29/25. SMA at 50 days reached $41.57, while 200 days put it at $35.93.
Levels Of Support And Resistance For MRCY Stock
The 24-hour chart illustrates a support level at 46.04, which if violated will result in even more drops to 45.32. On the upside, there is a resistance level at 47.16. A further resistance level may holdings at 47.56. The Relative Strength Index (RSI) on the 14-day chart is 60.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.81, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 42.79%. Stochastics %K at 54.14% 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.
