Mercury Systems Inc’s recent filing unveils that its EVP, CLO & Corp Sec KUPINSKY STUART unloaded Company’s shares for reported $0.1 million on Feb 18 ’25. In the deal valued at $44.12 per share,2,377 shares were sold. As a result of this transaction, KUPINSKY STUART now holds 62,834 shares worth roughly $2.73 million.
Then, Munro Douglas sold 595 shares, generating $26,254 in total proceeds. Upon selling the shares at $44.12, the VP, CAO now owns 14,572 shares.
Before that, Wells Charles Roger IV sold 2,342 shares. Mercury Systems Inc shares valued at $103,338 were divested by the EVP, COO at a price of $44.12 per share. As a result of the transaction, Wells Charles Roger IV now holds 95,928 shares, worth roughly $4.17 million.
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 jump 2.57% to $43.48. Over the last five days, the stock has lost -2.60%. Mercury Systems Inc shares have risen nearly 3.52% since the year began. Nevertheless, the stocks have risen 54.90% 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 $42.41, while 200 days put it at $36.61.
Levels Of Support And Resistance For MRCY Stock
The 24-hour chart illustrates a support level at 42.31, which if violated will result in even more drops to 41.13. On the upside, there is a resistance level at 44.27. A further resistance level may holdings at 45.06. The Relative Strength Index (RSI) on the 14-day chart is 49.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.92%. Stochastics %K at 16.04% indicates the stock is a buying.
