The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Mercury Systems Inc shares valued at $104,883 were sold by KUPINSKY STUART on Feb 18 ’25. At $44.12 per share, KUPINSKY STUART sold 2,377 shares. The insider’s holdings dropped to 62,834 shares worth approximately $2.76 million following the completion of this transaction.
Also, Munro Douglas sold 595 shares, netting a total of over 26,254 in proceeds. Following the sale of shares at $44.12 each, the insider now holds 14,572 shares.
Before that, Wells Charles Roger IV had sold 2,342 shares from its account. In a trade valued at $103,338, the EVP, COO traded Mercury Systems Inc shares for $44.12 each. Upon closing the transaction, the insider’s holdings decreased to 2,342 shares, worth approximately $4.22 million.
As published in a research note from Robert W. Baird on February 05, 2025, Mercury Systems Inc [MRCY] has been rated up from a Neutral to an Outperform and the price target has been revised to $58 from $37. Analysts at Jefferies upgraded the stock from ‘”an Underperform”‘ to ‘”a Hold”‘ outlook in a report released in mid November. As of August 19, 2024, Alembic Global Advisors has increased its “Neutral” rating to a “an Overweight” for MRCY. Earlier on February 07, 2024, Truist downgraded its rating. Their new recommendation was “a Hold” for MRCY stock which previously was a “a Buy”.
Analyzing MRCY Stock Performance
During the last five days, there has been a drop of approximately -5.90%. Over the course of the year, Mercury Systems Inc shares have jumped approximately 4.76%. Shares of the company reached a 52-week high of $52.25 on 02/05/25 and a 52-week low of $39.42 on 01/29/25. A 50-day SMA is recorded $42.04, while a 200-day SMA reached $36.34. Nevertheless, trading volume fell to 0.51 million shares from 0.48 million shares the previous day.
Support And Resistance Levels for Mercury Systems Inc (MRCY)
According to the 24-hour chart, there is a support level at 43.46, which, if violated, would cause prices to drop to 42.91. In the upper region, resistance lies at 44.44. The next price resistance is at 44.88. RSI (Relative Strength Index) is 50.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.44, which suggests the price will decrease in the coming days. Percent R is at 67.13%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
