Reasons for Didier Thibaud’s Shares Sale of Mercury Systems, Inc. (MRCY)’s Stock; Peapack Gladstone Financial Upped Target (TGT) Position By $22.84 Million

The EVP – COO of Mercury Systems Inc and firm’s insider Didier Thibaud sold 3,500 shares of the ‘s company based on the stock price per share of $48.0 for every share. The sold shares had a market value of about $168,000 US Dollars. Didier is trying to quietly decrease his company’s share, same as he did in the last 30 days. He unloaded another 3,500 shares worth $168,000 USD. A Form 4 available for public review here discloses this insider activity, that was made on 08/03/2018 and was filed with the U.S. Security and Exchange Commission. Right now, Didier Thibaud owns 355,440 shares which make up about 0.74% of the Company’s total market cap.

Peapack Gladstone Financial Corp increased Target Corp (TGT) stake by 4.54% reported in 2017Q3 SEC filing. Peapack Gladstone Financial Corp acquired 387 shares as Target Corp (TGT)’s stock declined 14.90%. The Peapack Gladstone Financial Corp holds 8,918 shares with $526.25 million value, up from 8,531 last quarter. Target Corp now has $37.77 billion valuation. The stock decreased 2.39% or $1.71 during the last trading session, reaching $69.72. About 3.20 million shares traded. Target Corporation (NYSE:TGT) has declined 16.51% since March 8, 2017 and is downtrending. It has underperformed by 33.21% the S&P500.

Since September 11, 2017, it had 0 insider buys, and 13 selling transactions for $3.51 million activity. ASLETT MARK sold 9,600 shares worth $426,624. HAINES GERALD M II also sold $129,850 worth of Mercury Systems, Inc. (NASDAQ:MRCY) shares. THIBAUD DIDIER M C had sold 3,500 shares worth $168,000 on Thursday, February 1.

Among 9 analysts covering Mercury (NASDAQ:MRCY), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Mercury has $61.0 highest and $19.0 lowest target. $50’s average target is 3.73% above currents $48.2 stock price. Mercury had 23 analyst reports since August 25, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, June 10 by Citigroup. Robert W. Baird maintained the shares of MRCY in report on Monday, October 23 with “Buy” rating. As per Thursday, January 19, the company rating was initiated by Suntrust Robinson. SunTrust initiated the stock with “Buy” rating in Thursday, January 19 report. The stock of Mercury Systems, Inc. (NASDAQ:MRCY) earned “Buy” rating by SunTrust on Wednesday, October 18. The stock of Mercury Systems, Inc. (NASDAQ:MRCY) has “Outperform” rating given on Wednesday, October 25 by Robert W. Baird. As per Wednesday, January 24, the company rating was maintained by Robert W. Baird. The rating was initiated by Drexel Hamilton on Tuesday, August 25 with “Buy”. Sidoti initiated the stock with “Neutral” rating in Thursday, March 17 report. The stock of Mercury Systems, Inc. (NASDAQ:MRCY) earned “Buy” rating by Bank of America on Tuesday, January 24.

The stock increased 0.40% or $0.19 during the last trading session, reaching $48.2. About 42,814 shares traded. Mercury Systems, Inc. (NASDAQ:MRCY) has risen 91.74% since March 8, 2017 and is uptrending. It has outperformed by 75.04% the S&P500.

Mercury Systems, Inc. provides sensor and safety critical mission processing subsystems for various critical defense and intelligence programs in the United States. The company has market cap of $2.33 billion. The companyÂ’s products and solutions are deployed in approximately 300 programs with 25 defense prime contractors. It has a 52.68 P/E ratio. The Company’s principal programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program, Gorgon Stare, Predator, F-35, Reaper, F-16 SABR, E2D Hawkeye, and Paveway.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.17, from 1.13 in 2017Q2. It fall, as 13 investors sold Mercury Systems, Inc. shares while 67 reduced holdings. 33 funds opened positions while 57 raised stakes. 45.09 million shares or 0.45% less from 45.29 million shares in 2017Q2 were reported. Aqr Limited Liability Corp accumulated 26,453 shares. Usa Portformulas Corp accumulated 7,497 shares. Gilder Gagnon Howe Limited Company reported 1.04M shares. Gotham Asset Mngmt Limited Co has 4,730 shares for 0% of their portfolio. Teachers Retirement System Of The State Of Kentucky owns 15,000 shares for 0.01% of their portfolio. Howe Rusling accumulated 167 shares. State Of Wisconsin Board accumulated 0.05% or 315,400 shares. Tiaa Cref Invest Mgmt Ltd Llc holds 0% or 123,572 shares in its portfolio. Janney Montgomery Scott Limited Company owns 20,536 shares or 0.01% of their US portfolio. State Of Alaska Department Of Revenue invested 0.03% in Mercury Systems, Inc. (NASDAQ:MRCY). Tower Research Cap Ltd Liability Com (Trc) reported 0.02% of its portfolio in Mercury Systems, Inc. (NASDAQ:MRCY). The New York-based American Group has invested 0.01% in Mercury Systems, Inc. (NASDAQ:MRCY). Alkeon Capital Mgmt Lc accumulated 805,803 shares or 0.31% of the stock. Grp Inc One Trading Lp holds 0% or 7,169 shares. State Of Tennessee Treasury Department holds 0.01% or 41,587 shares.

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 $13.02 million for 44.63 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.

Among 28 analysts covering Target Corporation (NYSE:TGT), 10 have Buy rating, 3 Sell and 15 Hold. Therefore 36% are positive. Target Corporation had 88 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Susquehanna given on Friday, February 10. As per Tuesday, January 2, the company rating was maintained by Robert W. Baird. The stock of Target Corporation (NYSE:TGT) earned “Neutral” rating by JP Morgan on Thursday, May 19. The stock has “Peer Perform” rating by Wolfe Research on Friday, April 29. Susquehanna maintained the stock with “Buy” rating in Friday, February 16 report. As per Tuesday, February 7, the company rating was initiated by Bernstein. Cowen & Co maintained the stock with “Hold” rating in Thursday, September 28 report. The firm has “Neutral” rating by Nomura given on Thursday, May 19. The stock of Target Corporation (NYSE:TGT) earned “Neutral” rating by UBS on Thursday, November 19. The stock of Target Corporation (NYSE:TGT) earned “Outperform” rating by Cowen & Co on Saturday, August 22.