Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS – Get Free Report) insider Phillip Carrai sold 6,500 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $57.74, for a total value of $375,310.00. Following the completion of the sale, the insider owned 215,052 shares of the company’s stock, valued at approximately $12,417,102.48. This trade represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kratos Defense & Security Solutions Price Performance
Shares of KTOS stock opened at $54.21 on Friday. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $39.00 and a fifty-two week high of $134.00. The firm has a market capitalization of $10.17 billion, a price-to-earnings ratio of 318.88 and a beta of 1.04. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.08 and a current ratio of 5.63. The stock’s 50-day simple moving average is $60.82 and its 200-day simple moving average is $79.44.
Kratos Defense & Security Solutions (NASDAQ:KTOS – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The aerospace company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.13 by $0.03. The firm had revenue of $371.00 million during the quarter, compared to analyst estimates of $345.00 million. Kratos Defense & Security Solutions had a net margin of 2.08% and a return on equity of 2.82%. Kratos Defense & Security Solutions’s revenue was up 22.6% on a year-over-year basis. During the same period last year, the firm posted $0.12 EPS. As a group, equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.5 earnings per share for the current fiscal year.
Trending Headlines about Kratos Defense & Security Solutions
- Positive Sentiment: Kratos is being viewed as a possible winner from higher defense spending and urgent U.S. military demand for more munitions, missiles, and propulsion systems. Can Kratos Defense Become a Major Beneficiary of Rising Missile Demand?
- Positive Sentiment: The company’s autonomous trucking milestone added to investor interest by showcasing execution on advanced unmanned and logistics technology. Kratos (KTOS) Stock Trades Up, Here Is Why
- Neutral Sentiment: Analyst sentiment remains mixed-to-positive overall, with several firms maintaining buy-like views, though some recently lowered price targets.
- Negative Sentiment: Recent insider sales by senior executives, including Marie Mendoza and Phillip Carrai, may be creating some caution among investors even though the trades were pre-planned under 10b5-1 programs.
- Negative Sentiment: A separate article flagged KTOS as a “cash-burning” stock to watch, reinforcing concerns about valuation and the company’s ability to justify its premium multiple if growth cools.
Institutional Trading of Kratos Defense & Security Solutions
Several large investors have recently made changes to their positions in KTOS. Greenleaf Trust boosted its holdings in Kratos Defense & Security Solutions by 2.7% during the fourth quarter. Greenleaf Trust now owns 3,830 shares of the aerospace company’s stock worth $291,000 after buying an additional 100 shares in the last quarter. LVW Advisors LLC increased its holdings in Kratos Defense & Security Solutions by 3.0% in the fourth quarter. LVW Advisors LLC now owns 3,665 shares of the aerospace company’s stock valued at $278,000 after buying an additional 107 shares in the last quarter. CENTRAL TRUST Co increased its holdings in Kratos Defense & Security Solutions by 7.3% in the fourth quarter. CENTRAL TRUST Co now owns 1,698 shares of the aerospace company’s stock valued at $129,000 after buying an additional 115 shares in the last quarter. Quadrant Capital Group LLC raised its position in shares of Kratos Defense & Security Solutions by 2.1% in the fourth quarter. Quadrant Capital Group LLC now owns 5,918 shares of the aerospace company’s stock worth $449,000 after acquiring an additional 122 shares during the period. Finally, Parkside Financial Bank & Trust raised its position in shares of Kratos Defense & Security Solutions by 6.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,945 shares of the aerospace company’s stock worth $148,000 after acquiring an additional 125 shares during the period. 75.92% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on KTOS shares. UBS Group reiterated a “neutral” rating and set a $82.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Thursday, May 7th. Canaccord Genuity Group raised their target price on Kratos Defense & Security Solutions from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Citigroup reaffirmed a “market outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 24th. Citizens Jmp dropped their price target on Kratos Defense & Security Solutions from $125.00 to $105.00 and set a “market outperform” rating on the stock in a research note on Friday, May 8th. Finally, Piper Sandler cut their price objective on Kratos Defense & Security Solutions from $99.00 to $75.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $101.35.
Read Our Latest Analysis on KTOS
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.
In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.
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