Buying a 6.6% stake in Mercury Systems (MRCY), JANA Partners intends to discuss strategic alternatives with the company's management, including a potential sale of the business.
Activist investor Jana Partners on Thursday disclosed an about 6.6% stake in Mercury Systems and said it would push the defense technology firm to consider options for its business, including a potential sale.
Mercury Systems Inc. MRCY, +9.87% shares jumped in Thursday trading after activist investor Jana Partners disclosed a fresh 6.6% stake in the component supplier to the aerospace and defense industry.

Jana Partners Calls For Sale Of Mercury Systems

02:47pm, Thursday, 23'rd Dec 2021
Activist investor firm Jana Partners has taken a ~6.6% stake in Mercury Systems Inc (NASDAQ: MRCY) for a purchase price of ~$181.1 million. Jana Partners believes that Mercury Systems stock is und
Cutter & CO Brokerage Inc. raised its stake in Mercury Systems, Inc. (NASDAQ:MRCY) by 749.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,505 shares of the technology company’s stock after acquiring an additional 39,265 shares during the quarter. Cutter […]
DekaBank Deutsche Girozentrale decreased its holdings in shares of Mercury Systems, Inc. (NASDAQ:MRCY) by 9.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,918 shares of the technology companys stock after selling 393 shares during the quarter. DekaBank Deutsche []
Equities research analysts predict that Mercury Systems, Inc. (NASDAQ:MRCY) will announce sales of $222.96 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Mercury Systems earnings, with estimates ranging from $220.13 million to $227.50 million. Mercury Systems posted sales of $210.68 million during the same quarter last year, []
Fifth Third Bancorp boosted its stake in Mercury Systems, Inc. (NASDAQ:MRCY) by 17.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,615 shares of the technology companys stock after buying an additional 240 shares during the period. Fifth Third Bancorps holdings in Mercury Systems []
Cambiar Investors LLC increased its holdings in shares of Mercury Systems, Inc. (NASDAQ:MRCY) by 2.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 220,956 shares of the technology companys stock after acquiring an additional 4,671 shares during the period. Cambiar Investors LLCs holdings in Mercury Systems were []

Brokerages Set Mercury Systems, Inc. (NASDAQ:MRCY) PT at $67.75

03:44am, Saturday, 04'th Dec 2021 Transcript Daily
Shares of Mercury Systems, Inc. (NASDAQ:MRCY) have earned a consensus recommendation of Hold from the thirteen ratings firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and one has assigned a buy recommendation to the company. The []

Why Is Mercury Systems (MRCY) Down 9% Since Last Earnings Report?

04:31pm, Thursday, 02'nd Dec 2021 Zacks Investment Research
Mercury Systems (MRCY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Mercury Systems (MRCY) Gains 3% on Atlanta Micro Buyout Deal

08:09pm, Tuesday, 30'th Nov 2021 Zacks Investment Research
The buyout of Atlanta Micro will expand Mercury Systems' (MRCY) RF and microwave component portfolio, and grow its presence in the core radar, EW and weapon markets.
The buyout of Atlanta Micro will expand Mercury Systems' (MRCY) RF and microwave component portfolio, and grow its presence in the core radar, EW and weapon markets.
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