Lisanti Capital Growth LLC Sells 107,410 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Lisanti Capital Growth LLC cut its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 49.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 110,135 shares of the aerospace company’s stock after selling 107,410 shares during the period. Kratos Defense & Security Solutions makes up approximately 1.4% of Lisanti Capital Growth LLC’s investment portfolio, making the stock its 23rd largest position. Lisanti Capital Growth LLC owned about 0.07% of Kratos Defense & Security Solutions worth $5,116,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Costello Asset Management INC acquired a new position in shares of Kratos Defense & Security Solutions during the 1st quarter worth approximately $29,000. Larson Financial Group LLC acquired a new stake in Kratos Defense & Security Solutions during the first quarter worth approximately $30,000. Twin Tree Management LP bought a new position in Kratos Defense & Security Solutions during the 1st quarter worth $37,000. Banque Cantonale Vaudoise bought a new position in Kratos Defense & Security Solutions during the 1st quarter worth $38,000. Finally, NewEdge Advisors LLC raised its holdings in Kratos Defense & Security Solutions by 64.4% in the 1st quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock valued at $39,000 after acquiring an additional 515 shares in the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on KTOS. Canaccord Genuity Group increased their target price on Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Noble Financial reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a report on Wednesday, October 8th. Robert W. Baird lifted their price objective on shares of Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the company an “outperform” rating in a research note on Friday, September 26th. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 18th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Kratos Defense & Security Solutions presently has an average rating of “Moderate Buy” and an average price target of $82.36.

Kratos Defense & Security Solutions Price Performance

Shares of NASDAQ:KTOS opened at $77.88 on Friday. Kratos Defense & Security Solutions, Inc. has a one year low of $23.90 and a one 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 cap of $13.15 billion, a price-to-earnings ratio of 778.88 and a beta of 1.11. The firm has a 50 day simple moving average of $83.57 and a 200 day simple moving average of $60.18.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its earnings results on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The firm had revenue of $347.60 million for the quarter, compared to analysts’ expectations of $323.01 million. During the same quarter in the previous year, the firm posted $0.11 earnings per share. The company’s revenue was up 26.0% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Marie Mendoza sold 1,440 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $97.10, for a total transaction of $139,824.00. Following the sale, the senior vice president directly owned 60,396 shares in the company, valued at approximately $5,864,451.60. The trade was a 2.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Phillip D. Carrai sold 6,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $96.90, for a total transaction of $581,400.00. Following the sale, the insider owned 252,041 shares in the company, valued at approximately $24,422,772.90. This represents a 2.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 90,716 shares of company stock valued at $7,152,105. 2.37% of the stock is currently owned by company insiders.

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.