Kratos Defense & Security Solutions (NASDAQ:KTOS) CFO Sells $460,150.00 in Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOSGet Free Report) CFO Deanna Lund sold 5,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $92.03, for a total transaction of $460,150.00. Following the transaction, the chief financial officer directly owned 308,069 shares of the company’s stock, valued at $28,351,590.07. The trade was a 1.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Kratos Defense & Security Solutions Stock Performance

Shares of Kratos Defense & Security Solutions stock opened at $96.19 on Friday. The stock has a market cap of $16.24 billion, a price-to-earnings ratio of 962.00 and a beta of 1.12. Kratos Defense & Security Solutions, Inc. has a twelve month low of $22.69 and a twelve month high of $98.12. The company’s fifty day moving average is $70.35 and its 200 day moving average is $49.73. 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:KTOSGet Free Report) last announced its earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02. The business had revenue of $351.50 million during the quarter, compared to analyst estimates of $305.67 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.Kratos Defense & Security Solutions’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period last year, the company earned $0.14 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Costello Asset Management INC purchased a new position in shares of Kratos Defense & Security Solutions in the 1st quarter worth approximately $29,000. Aspect Partners LLC lifted its holdings in Kratos Defense & Security Solutions by 1,900.0% during the first quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 950 shares during the period. Smallwood Wealth Investment Management LLC bought a new stake in Kratos Defense & Security Solutions during the first quarter worth $30,000. Larson Financial Group LLC purchased a new position in Kratos Defense & Security Solutions in the first quarter worth $30,000. Finally, TD Waterhouse Canada Inc. bought a new position in Kratos Defense & Security Solutions in the 2nd quarter valued at $30,000. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on KTOS. Stifel Nicolaus raised their price target on shares of Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Citigroup reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday. JPMorgan Chase & Co. boosted their target price on shares of Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Monday, June 30th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Kratos Defense & Security Solutions in a report on Friday, July 18th. Finally, BTIG Research raised Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $80.00 price objective for the company in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Kratos Defense & Security Solutions presently has an average rating of “Moderate Buy” and an average target price of $63.50.

View Our Latest Stock Report on Kratos Defense & Security Solutions

Kratos Defense & Security Solutions Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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