Insider Selling: Kratos Defense & Security Solutions (NASDAQ:KTOS) CFO Sells $451,300.00 in Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) CFO Deanna Lund sold 5,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $90.26, for a total value of $451,300.00. Following the completion of the transaction, the chief financial officer directly owned 303,114 shares of the company’s stock, valued at $27,359,069.64. This trade represents a 1.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Kratos Defense & Security Solutions Stock Up 7.6%

Shares of Kratos Defense & Security Solutions stock opened at $77.88 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. Kratos Defense & Security Solutions, Inc. has a 1-year low of $23.90 and a 1-year high of $112.57. The business’s fifty day moving average price is $83.57 and its two-hundred day moving average price is $59.99. The company has a market capitalization of $13.15 billion, a P/E ratio of 778.88 and a beta of 1.11.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company had revenue of $347.60 million for the quarter, compared to analyst estimates of $323.01 million. During the same period last year, the company earned $0.11 earnings per share. The company’s quarterly revenue was up 26.0% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research 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 modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Kratos Defense & Security Solutions by 11.7% in the 1st quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock worth $488,332,000 after acquiring an additional 1,728,179 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of 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% in the 2nd quarter. ARK Investment Management LLC now owns 4,507,692 shares of the aerospace company’s stock worth $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 2nd 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 period. Finally, Invesco Ltd. lifted its stake in Kratos Defense & Security Solutions by 18.1% during the second quarter. Invesco Ltd. now owns 2,837,005 shares of the aerospace company’s stock valued at $131,779,000 after buying an additional 434,561 shares in the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on KTOS. Stifel Nicolaus boosted their price target on shares of Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Kratos Defense & Security Solutions in a research note on Friday, July 18th. B. Riley downgraded Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and upped their target price for the stock from $72.00 to $105.00 in a research report on Wednesday, October 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research note on Wednesday, October 8th. Finally, BTIG Research boosted their price objective on Kratos Defense & Security Solutions from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $82.36.

Kratos Defense & Security Solutions Company Profile

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.