Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS – Get Free Report) insider David Carter sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $50.45, for a total value of $201,800.00. Following the transaction, the insider directly owned 66,238 shares in the company, valued at approximately $3,341,707.10. The trade was a 5.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kratos Defense & Security Solutions Price Performance
KTOS opened at $48.19 on Monday. Kratos Defense & Security Solutions, Inc. has a one year low of $46.01 and a one year high of $134.00. 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 has a market capitalization of $9.04 billion, a P/E ratio of 283.47 and a beta of 1.07. The business’s 50-day simple moving average is $55.44 and its 200-day simple moving average is $76.85.
Kratos Defense & Security Solutions (NASDAQ:KTOS – Get Free Report) last announced its earnings results on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. The firm had revenue of $371.00 million during the quarter, compared to analysts’ expectations of $345.00 million. Kratos Defense & Security Solutions had a return on equity of 2.82% and a net margin of 2.08%.The business’s revenue was up 22.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 EPS. Analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.48 EPS for the current year.
Analyst Ratings Changes
Check Out Our Latest Analysis on Kratos Defense & Security Solutions
Institutional Trading of Kratos Defense & Security Solutions
Several hedge funds have recently made changes to their positions in KTOS. Royal Bank of Canada raised its holdings in Kratos Defense & Security Solutions by 22.6% during the first quarter. Royal Bank of Canada now owns 190,481 shares of the aerospace company’s stock worth $5,655,000 after purchasing an additional 35,098 shares in the last quarter. Amundi purchased a new stake in Kratos Defense & Security Solutions in the 1st quarter valued at approximately $791,000. NewEdge Advisors LLC boosted 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 purchasing an additional 515 shares in the last quarter. Jones Financial Companies Lllp increased its position in Kratos Defense & Security Solutions by 178.0% during the 1st quarter. Jones Financial Companies Lllp now owns 3,570 shares of the aerospace company’s stock worth $108,000 after purchasing an additional 2,286 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Kratos Defense & Security Solutions by 11.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 393,614 shares of the aerospace company’s stock worth $11,686,000 after purchasing an additional 41,265 shares during the period. Institutional investors and hedge funds own 75.92% of the company’s stock.
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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