Mercury Computer Gets a Hold from Noble Financial

By Austin Angelo

Noble Financial analyst Mark Jordan reiterated a Hold rating on Mercury Computer (NASDAQ: MRCY) on April 18. The company’s shares closed yesterday at $39.34.

According to TipRanks.com, Jordan is a 1-star analyst with an average return of -1.8% and a 38.3% success rate. Jordan covers the Technology sector, focusing on stocks such as Comtech Telecommunications, OmniComm Systems Inc, and Innodata Isogen Inc.

Mercury Computer has an analyst consensus of Moderate Buy, with a price target consensus of $42.25.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is neutral on the stock. Most recently, in December 2016, Gerald Haines, the EVP, CFO & Treas of MRCY sold 30,000 shares for a total of $942,000.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Mercury Systems, Inc. is a commercial provider of secure sensor and mission processing subsystems. Its technology includes embedded processing modules and subsystems; radio frequency and microwave multi-function assemblies as well as subsystems; radio frequency and microwave components. The company was founded on July 14, 1981 and is headquartered in Andover, MA.