Kratos Defense & Security Solutions, Inc. $KTOS Shares Sold by Gables Capital Management Inc.

Gables Capital Management Inc. cut its holdings in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 11.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,750 shares of the aerospace company’s stock after selling 3,300 shares during the period. Gables Capital Management Inc.’s holdings in Kratos Defense & Security Solutions were worth $1,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the company. Stephens Inc. AR raised its position in shares of Kratos Defense & Security Solutions by 933.7% in the second quarter. Stephens Inc. AR now owns 307,838 shares of the aerospace company’s stock worth $14,299,000 after acquiring an additional 278,059 shares during the period. Chicago Partners Investment Group LLC acquired a new position in shares of Kratos Defense & Security Solutions in the second quarter worth about $187,000. Alpha Wealth Funds LLC acquired a new position in shares of Kratos Defense & Security Solutions in the second quarter worth about $227,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Kratos Defense & Security Solutions in the second quarter worth about $618,000. Finally, Allianz Asset Management GmbH acquired a new position in shares of Kratos Defense & Security Solutions in the second quarter worth about $234,000. Institutional investors and hedge funds own 75.92% of the company’s stock.

Insiders Place Their Bets

In other news, insider David M. Carter sold 4,000 shares of the stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $102.81, for a total value of $411,240.00. Following the completion of the sale, the insider owned 93,809 shares of the company’s stock, valued at $9,644,503.29. This represents a 4.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Stacey G. Rock sold 3,846 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $92.02, for a total transaction of $353,908.92. Following the completion of the sale, the insider directly owned 34,202 shares of the company’s stock, valued at approximately $3,147,268.04. This trade represents a 10.11% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 85,716 shares of company stock worth $6,399,245. 2.37% of the stock is currently owned by company insiders.

Kratos Defense & Security Solutions Stock Up 4.6%

KTOS opened at $90.62 on Wednesday. Kratos Defense & Security Solutions, Inc. has a twelve month low of $22.69 and a twelve month high of $112.57. The company has a quick ratio of 3.88, a current ratio of 4.43 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $78.53 and a 200 day moving average price of $55.04. The company has a market cap of $15.30 billion, a PE ratio of 906.29 and a beta of 1.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The company had revenue of $351.50 million during the quarter, compared to analysts’ expectations of $305.67 million. During the same quarter in the prior year, the company earned $0.14 EPS. Kratos Defense & Security Solutions’s revenue 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. Sell-side analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on KTOS. Citigroup reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, October 2nd. The Goldman Sachs Group upgraded shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $52.00 price objective for the company in a research report on Monday, June 30th. Robert W. Baird upped their price objective on shares of 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Wednesday, October 8th. Finally, JMP Securities upped 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, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $77.36.

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.