Catalyst Capital Advisors LLC Sells 15,544 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Catalyst Capital Advisors LLC decreased its position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 47.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,456 shares of the aerospace company’s stock after selling 15,544 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Kratos Defense & Security Solutions were worth $811,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its stake in Kratos Defense & Security Solutions by 129.0% during the second quarter. Farther Finance Advisors LLC now owns 893 shares of the aerospace company’s stock worth $41,000 after buying an additional 503 shares in the last quarter. Costello Asset Management INC bought a new position in Kratos Defense & Security Solutions in the first quarter valued at approximately $29,000. Larson Financial Group LLC bought a new position in Kratos Defense & Security Solutions in the first quarter valued at approximately $30,000. Smallwood Wealth Investment Management LLC bought a new position in Kratos Defense & Security Solutions in the first quarter valued at approximately $30,000. Finally, Aspect Partners LLC increased its stake in Kratos Defense & Security Solutions by 1,900.0% in 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 last quarter. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

KTOS has been the topic of several research analyst reports. The Goldman Sachs Group raised Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Monday, June 30th. Noble Financial reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Kratos Defense & Security Solutions in a research note on Friday, July 18th. JMP Securities raised their price objective on Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the company a “market outperform” rating in a research note on Thursday, October 2nd. Finally, JPMorgan Chase & Co. raised their price objective on Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a “neutral” rating in a research note on Monday, June 30th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Kratos Defense & Security Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $77.36.

Kratos Defense & Security Solutions Price Performance

Shares of KTOS opened at $89.32 on Friday. Kratos Defense & Security Solutions, Inc. has a 1 year low of $22.69 and a 1 year high of $112.57. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. The company has a market capitalization of $15.08 billion, a price-to-earnings ratio of 893.29 and a beta of 1.12. The business has a 50-day moving average of $79.24 and a 200-day moving average of $55.66.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $305.67 million. During the same period last year, the company earned $0.14 earnings per share. The firm’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. As a group, equities research analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Insider Activity at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $65.10, for a total value of $325,500.00. Following the completion of the sale, the chief financial officer directly owned 313,327 shares in the company, valued at approximately $20,397,587.70. The trade was a 1.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Steven S. Fendley sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $67.58, for a total value of $473,060.00. Following the completion of the sale, the insider owned 346,441 shares of the company’s stock, valued at approximately $23,412,482.78. The trade was a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 85,716 shares of company stock valued at $6,399,245 over the last ninety days. Insiders own 2.37% of the company’s stock.

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.