Mercury Systems EVP, CLO & Corp Sec Stuart Kupinsky sells $262,570 in stock By Investing.com
Stuart Kupinsky, Executive Vice President, Chief Legal Officer, and Corporate Secretary at Mercury Systems Inc. (), recently sold company common stock totaling $262,570. The transactions occurred over two days in mid-August.
On August 17, 2026, Mr. Kupinsky disposed of 1,195 shares of common stock at a price of $109.9509 per share. The following day, August 18, 2026, an additional 1,178 shares were sold at $111.3577 per share. These sales were executed within a price range of $109.9509 to $111.3577.
These dispositions represent shares sold as part of a sell-to-cover program designed to satisfy tax withholding obligations triggered by the vesting of stock awards. The reported prices reflect the per share price attributed to sales on behalf of all participants under this program on the respective transaction dates.
Following these transactions, Mr. Kupinsky directly holds 58,660 shares of Mercury Systems common stock and indirectly holds an additional 1,233 shares through a 401K Plan.The stock has declined since the transactions, currently trading at $101.17, though shares have delivered a strong 57% return over the past year. According to InvestingPro analysis, which offers comprehensive insights on over 1,400 US equities including detailed Pro Research Reports, Mercury Systems currently appears overvalued relative to its Fair Value. Analysts expect the company to return to profitability this year after recent losses.
In other recent news, Mercury Systems reported its fiscal fourth-quarter 2026 revenue, which rose to a record $289.8 million, surpassing Wall Street’s estimates and marking a 6.1% organic growth from the previous year. Despite this revenue beat, the company’s adjusted earnings per share of $0.37 fell slightly below consensus estimates of $0.38. This earnings miss, along with concerns over margin pressure, was noted by investors. Piper Sandler responded to the company’s performance by raising its price target for Mercury Systems to $131, highlighting the significant 93.1% year-over-year growth in fourth-quarter bookings and a total backlog increase of 38.4%, reaching $1.945 billion. Similarly, RBC Capital increased its price target to $120, maintaining an Outperform rating, citing the strong bookings as a positive sign. These developments indicate a robust demand environment, as reflected in the record bookings and backlog figures. However, the market’s reaction suggests concerns remain regarding profitability margins.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.