As Mercury Sys (MRCY) Share Value Declined, Shareholder G2 Investment Partners Management Has Decreased by $1.61 Million Its Stake; As Alibaba Group Hldg LTD (Put) (BABA) Share Price Rose, Indus Capital Partners Has Raised Position

April 14, 2018 - By Maria Brooks

Mercury Systems, Inc. (NASDAQ:MRCY) Logo

David Kowitz increased its stake in Alibaba Group Hldg Ltd (Put) (BABA) by 62% based on its latest 2017Q4 regulatory filing with the SEC. Indus Capital Partners Llc bought 31,000 shares as the company’s stock rose 3.18% while stock markets declined. The hedge fund run by David Kowitz held 81,000 shares of the business services company at the end of 2017Q4, valued at $13.97M, up from 50,000 at the end of the previous reported quarter. Indus Capital Partners Llc who had been investing in Alibaba Group Hldg Ltd (Put) for a number of months, seems to be bullish on the $442.05 billion market cap company. The stock decreased 2.21% or $3.88 during the last trading session, reaching $172.04. About 13.53 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 14, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Josh Goldberg decreased its stake in Mercury Sys Inc (MRCY) by 79.08% based on its latest 2017Q4 regulatory filing with the SEC. G2 Investment Partners Management Llc sold 31,633 shares as the company’s stock declined 9.36% with the market. The hedge fund run by Josh Goldberg held 8,367 shares of the electrical products company at the end of 2017Q4, valued at $430,000, down from 40,000 at the end of the previous reported quarter. G2 Investment Partners Management Llc who had been investing in Mercury Sys Inc for a number of months, seems to be less bullish one the $2.23 billion market cap company. The stock decreased 1.53% or $0.72 during the last trading session, reaching $46.3. About 233,749 shares traded. Mercury Systems, Inc. (NASDAQ:MRCY) has risen 24.07% since April 14, 2017 and is uptrending. It has outperformed by 12.52% the S&P500.

Indus Capital Partners Llc, which manages about $7.51B and $1.02B US Long portfolio, decreased its stake in Petroleo Brasileiro Sa Petro (NYSE:PBR) by 257,000 shares to 572,048 shares, valued at $5.89M in 2017Q4, according to the filing. It also reduced its holding in Bright Scholar Ed Hldgs Ltd by 73,320 shares in the quarter, leaving it with 1.59M shares, and cut its stake in World Accep Corp Del (NASDAQ:WRLD).

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 171 analyst reports since August 12, 2015 according to SRatingsIntel. Macquarie Research upgraded it to “Outperform” rating and $110 target in Friday, August 12 report. As per Friday, August 18, the company rating was maintained by UBS. The rating was upgraded by Standpoint Research on Thursday, January 21 to “Buy”. The rating was maintained by RBC Capital Markets on Wednesday, October 28 with “Outperform”. On Monday, January 9 the stock rating was upgraded by Standpoint Research to “Accumulate”. The firm has “Buy” rating given on Thursday, March 24 by Deutsche Bank. The company was maintained on Friday, August 18 by Macquarie Research. The firm has “Overweight” rating given on Tuesday, August 22 by Atlantic Securities. As per Monday, June 12, the company rating was maintained by Jefferies. Jefferies maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Monday, August 14. Jefferies has “Buy” rating and $160.0 target.

G2 Investment Partners Management Llc, which manages about $585.42M and $259.11 million US Long portfolio, upped its stake in Mix Telematics Ltd (NYSE:MIXT) by 130,378 shares to 524,614 shares, valued at $6.69M in 2017Q4, according to the filing. It also increased its holding in Ringcentral Inc (NYSE:RNG) by 206,111 shares in the quarter, for a total of 230,111 shares, and has risen its stake in National Beverage Corp (Call) (NASDAQ:FIZZ).

Since December 11, 2017, it had 0 buys, and 15 sales for $3.90 million activity. 2,500 shares were sold by HAINES GERALD M II, worth $119,225. ASLETT MARK sold $461,774 worth of Mercury Systems, Inc. (NASDAQ:MRCY) on Tuesday, January 30.

Among 9 analysts covering Mercury (NASDAQ:MRCY), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Mercury had 23 analyst reports since August 25, 2015 according to SRatingsIntel. On Wednesday, January 24 the stock rating was maintained by Robert W. Baird with “Buy”. Jefferies maintained Mercury Systems, Inc. (NASDAQ:MRCY) on Friday, October 6 with “Hold” rating. On Wednesday, August 2 the stock rating was maintained by Noble Financial with “Hold”. Bank of America upgraded the shares of MRCY in report on Tuesday, January 24 to “Buy” rating. SunTrust maintained Mercury Systems, Inc. (NASDAQ:MRCY) on Wednesday, October 18 with “Buy” rating. The firm earned “Buy” rating on Thursday, January 19 by Suntrust Robinson. The rating was initiated by Robert W. Baird with “Outperform” on Thursday, October 6. The firm has “Buy” rating given on Monday, January 8 by SunTrust. Jefferies maintained the stock with “Hold” rating in Monday, January 8 report. The stock of Mercury Systems, Inc. (NASDAQ:MRCY) has “Buy” rating given on Monday, October 23 by Robert W. Baird.

Analysts await Mercury Systems, Inc. (NASDAQ:MRCY) to report earnings on April, 24. They expect $0.27 EPS, up 68.75% or $0.11 from last year’s $0.16 per share. MRCY’s profit will be $13.03 million for 42.87 P/E if the $0.27 EPS becomes a reality. After $0.17 actual EPS reported by Mercury Systems, Inc. for the previous quarter, Wall Street now forecasts 58.82% EPS growth.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.17, from 1.13 in 2017Q3. It turned negative, as 17 investors sold MRCY shares while 75 reduced holdings. 28 funds opened positions while 60 raised stakes. 43.46 million shares or 3.62% less from 45.09 million shares in 2017Q3 were reported. Westfield Mgmt LP owns 482,915 shares. Gilder Gagnon Howe And Ltd Liability holds 801,507 shares or 0.55% of its portfolio. G2 Prns Mgmt Ltd Llc reported 8,367 shares or 0.17% of all its holdings. Ubs Asset Mgmt Americas owns 28,509 shares for 0% of their portfolio. Barclays Public Ltd Liability Company accumulated 8,051 shares or 0% of the stock. 175,961 were reported by Millennium Management. Cortina Asset Mgmt Llc has 427,911 shares. Tiaa Cref Invest Management Limited holds 115,755 shares or 0% of its portfolio. Moreover, Comerica National Bank has 0.02% invested in Mercury Systems, Inc. (NASDAQ:MRCY) for 50,465 shares. Moreover, Dimensional Fund Advsr Limited Partnership has 0.04% invested in Mercury Systems, Inc. (NASDAQ:MRCY). Neuberger Berman Gru Ltd Liability Com holds 0.04% or 621,670 shares. Pacad Inv reported 1,300 shares stake. Ironwood Management Limited Liability Company reported 2.22% of its portfolio in Mercury Systems, Inc. (NASDAQ:MRCY). Invesco Ltd reported 231,953 shares. Parametric Portfolio Llc holds 172,761 shares or 0.01% of its portfolio.

Mercury Systems, Inc. (NASDAQ:MRCY) Institutional Positions Chart

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