Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Steven Fendley Sells 7,000 Shares

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Steven Fendley sold 7,000 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $69.62, for a total value of $487,340.00. Following the completion of the sale, the insider owned 325,438 shares of the company’s stock, valued at $22,656,993.56. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Kratos Defense & Security Solutions Trading Up 1.0%

KTOS traded up $0.72 during midday trading on Wednesday, hitting $75.77. 1,756,293 shares of the company were exchanged, compared to its average volume of 3,566,362. The firm’s 50 day moving average price is $84.98 and its 200-day moving average price is $63.68. Kratos Defense & Security Solutions, Inc. has a 1-year low of $23.90 and a 1-year high of $112.57. The firm has a market capitalization of $12.79 billion, a P/E ratio of 757.78 and a beta of 1.11. The company has a quick ratio of 3.88, a current ratio of 4.43 and a debt-to-equity ratio of 0.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. The company had revenue of $347.60 million during the quarter, compared to analysts’ expectations of $323.01 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The business’s quarterly revenue was up 26.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.11 earnings per share. 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 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on KTOS shares. JMP Securities raised 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 report on Thursday, October 2nd. Raymond James Financial reissued a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a research note on Friday, August 8th. BNP Paribas Exane assumed coverage on shares of Kratos Defense & Security Solutions in a research report on Tuesday, November 18th. They set a “neutral” rating and a $80.00 price target on the stock. B. Riley lowered Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $72.00 to $105.00 in a research report on Wednesday, October 8th. Finally, Noble Financial restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $82.06.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KTOS. Vanguard Group Inc. increased its holdings in shares of Kratos Defense & Security Solutions by 11.7% during the first quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock valued at $488,332,000 after acquiring an additional 1,728,179 shares in the last quarter. Franklin Resources Inc. grew its position in Kratos Defense & Security Solutions by 29.6% in the 2nd quarter. Franklin Resources Inc. now owns 5,086,494 shares of the aerospace company’s stock valued at $236,268,000 after purchasing an additional 1,162,577 shares during the period. ARK Investment Management LLC increased its stake in Kratos Defense & Security Solutions by 22.2% during the 2nd quarter. ARK Investment Management LLC now owns 4,507,692 shares of the aerospace company’s stock valued at $209,382,000 after purchasing an additional 818,104 shares in the last quarter. Geode Capital Management LLC raised its holdings in Kratos Defense & Security Solutions by 8.3% during the second quarter. Geode Capital Management LLC now owns 3,949,763 shares of the aerospace company’s stock worth $183,490,000 after buying an additional 301,135 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Kratos Defense & Security Solutions by 29.5% in the third quarter. First Trust Advisors LP now owns 3,068,863 shares of the aerospace company’s stock valued at $280,402,000 after buying an additional 698,778 shares in the last quarter. Institutional investors own 75.92% 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.