Mercury Systems Inc (MRCY) Files Form 4 Insider Selling : Didier M C Thibaud Sells 77,000 Shares

Mercury Systems Inc (MRCY): Didier M C Thibaud , EVP, COO of Mercury Systems Inc sold 77,000 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $20.52 per share for a total value of $1,581,345.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 9, 2015, Mark Aslett (President and CEO) sold 15,000 shares at $18.09 per share price.On Nov 4, 2015, Vincent Vitto (director) sold 16,000 shares at $16.92 per share price.Also, On Sep 8, 2015, Gerald M Ii Haines (EVP, CFO & Treasurer) sold 572 shares at $15.80 per share price.On Aug 18, 2015, Didier M C Thibaud (President, MCE) sold 6,513 shares at $15.59 per share price.

Shares of Mercury Systems Inc (MRCY) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.29 points or -1.39% at $20.64 with 3,26,073 shares getting traded. Post opening the session at $20.76, the shares hit an intraday low of $20.39 and an intraday high of $20.77 and the price vacillated in this range throughout the day. The company has a market cap of $719 M and the number of outstanding shares has been calculated to be 3,48,29,997 shares. The 52-week high of Mercury Systems Inc is $22 and the 52-week low is $13.37.

Mercury Systems Inc Money Flow Index Chart

Mercury Systems Inc. is a commercial provider of secure and sensor processing subsystems. The Company has two segments: Mercury Commercial Electronics (MCE) and Mercury Defense Systems (MDS). The Company’s MCE segment offers technologies which include embedded processing modules and subsystems radio frequency (RF) and microwave multi-function assemblies as well as subsystems and RF and microwave components. MDS provides capabilities relating to pre-integrated electronic attack (EA) and electronic counter measure subsystems signals intelligence and electro-optical/infrared processing technologies and radar environment test and simulation systems. The Company’s products and solutions are deployed in more than 300 programs with over 25 different defense prime contractors. Its programs include Aegis Patriot Surface Electronic Warfare Improvement Program (SEWIP) Gorgon Stare Predator F-35 and Reaper.

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