Stacey Rock Sells 3,846 Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Stacey Rock sold 3,846 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $92.02, for a total value of $353,908.92. Following the sale, the insider owned 34,202 shares of the company’s stock, valued at $3,147,268.04. This represents a 10.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kratos Defense & Security Solutions Trading Up 1.2%

NASDAQ:KTOS opened at $96.19 on Friday. The stock has a market cap of $16.24 billion, a price-to-earnings ratio of 962.00 and a beta of 1.12. Kratos Defense & Security Solutions, Inc. has a one year low of $22.69 and a one year high of $98.12. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43. The business’s 50-day simple moving average is $70.35 and its 200 day simple moving average is $49.73.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company had revenue of $351.50 million for the quarter, compared to the consensus estimate of $305.67 million. During the same period in the previous year, the business earned $0.14 EPS. Kratos Defense & Security Solutions’s revenue for the quarter was up 17.1% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Several large investors have recently bought and sold shares of the stock. Costello Asset Management INC bought a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter worth about $29,000. Aspect Partners LLC increased its stake in shares of Kratos Defense & Security Solutions by 1,900.0% during the first quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 950 shares during the period. Smallwood Wealth Investment Management LLC bought a new stake in Kratos Defense & Security Solutions during the first quarter worth approximately $30,000. Larson Financial Group LLC acquired a new stake in Kratos Defense & Security Solutions in the first quarter worth approximately $30,000. Finally, TD Waterhouse Canada Inc. bought a new position in Kratos Defense & Security Solutions during the 2nd quarter valued at $30,000. Institutional investors and hedge funds own 75.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research note on Saturday, September 27th. JMP Securities increased their price target on shares of Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the stock a “market outperform” rating in a research report on Thursday. Stifel Nicolaus lifted their price target on Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Noble Financial restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Finally, Robert W. Baird lifted their target price on Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Kratos Defense & Security Solutions has an average rating of “Moderate Buy” and an average price target of $63.50.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.