Kratos Defense & Security Solutions (NASDAQ:KTOS) Shares Down 6.5% Following Insider Selling

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) shares traded down 6.5% on Thursday following insider selling activity. The stock traded as low as $70.27 and last traded at $72.41. 6,984,857 shares were traded during trading, an increase of 93% from the average session volume of 3,624,078 shares. The stock had previously closed at $77.41.

Specifically, CFO Deanna H. Lund sold 5,000 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $90.26, for a total value of $451,300.00. Following the transaction, the chief financial officer directly owned 303,114 shares of the company’s stock, valued at $27,359,069.64. This represents a 1.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Truist Financial upped their price objective on Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Citigroup reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Thursday, October 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a report on Wednesday, October 8th. Stifel Nicolaus boosted their price target on Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Kratos Defense & Security Solutions in a report on Friday, July 18th. One 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $82.36.

Kratos Defense & Security Solutions Trading Down 6.5%

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 firm has a 50 day moving average price of $83.25 and a two-hundred day moving average price of $59.58. The company has a market cap of $12.22 billion, a price-to-earnings ratio of 724.17 and a beta of 1.11.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Tuesday, November 4th. The aerospace company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 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 $347.60 million for the quarter, compared to analyst estimates of $323.01 million. During the same quarter in the prior year, the company earned $0.11 EPS. The firm’s revenue for the quarter was up 26.0% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

Institutional investors and hedge funds have recently made changes to their positions in the business. CWM LLC boosted its holdings in Kratos Defense & Security Solutions by 3.8% in the second quarter. CWM LLC now owns 4,722 shares of the aerospace company’s stock worth $219,000 after acquiring an additional 171 shares in the last quarter. Red Mountain Financial LLC boosted its holdings in Kratos Defense & Security Solutions by 1.9% in the second quarter. Red Mountain Financial LLC now owns 10,500 shares of the aerospace company’s stock worth $488,000 after acquiring an additional 200 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Kratos Defense & Security Solutions by 15.2% in the second quarter. NewEdge Advisors LLC now owns 1,515 shares of the aerospace company’s stock worth $70,000 after purchasing an additional 200 shares during the last quarter. USA Financial Formulas raised its stake in shares of Kratos Defense & Security Solutions by 15.7% in the third quarter. USA Financial Formulas now owns 1,660 shares of the aerospace company’s stock worth $152,000 after purchasing an additional 225 shares during the last quarter. Finally, MRP Capital Investments LLC raised its stake in shares of Kratos Defense & Security Solutions by 11.1% in the second quarter. MRP Capital Investments LLC now owns 2,500 shares of the aerospace company’s stock worth $116,000 after purchasing an additional 250 shares during the last quarter. Institutional investors own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Company Profile

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.