102,200 Shares in Kratos Defense & Security Solutions, Inc. $KTOS Bought by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. bought a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 102,200 shares of the aerospace company’s stock, valued at approximately $4,747,000.

Other large investors have also recently bought and sold shares of the company. SBI Securities Co. Ltd. grew its holdings in shares of Kratos Defense & Security Solutions by 89.0% during the second quarter. SBI Securities Co. Ltd. now owns 5,767 shares of the aerospace company’s stock worth $268,000 after purchasing an additional 2,715 shares during the last quarter. Hodges Capital Management Inc. boosted its position in Kratos Defense & Security Solutions by 3.6% during the 2nd quarter. Hodges Capital Management Inc. now owns 71,883 shares of the aerospace company’s stock worth $3,339,000 after buying an additional 2,499 shares during the period. Americana Partners LLC bought a new stake in Kratos Defense & Security Solutions during the 2nd quarter worth approximately $461,000. Illinois Municipal Retirement Fund acquired a new position in Kratos Defense & Security Solutions in the 2nd quarter valued at approximately $3,494,000. Finally, Profund Advisors LLC increased its position in Kratos Defense & Security Solutions by 11.9% in the 2nd quarter. Profund Advisors LLC now owns 7,729 shares of the aerospace company’s stock valued at $359,000 after acquiring an additional 819 shares during the period. 75.92% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $90.26, for a total value of $451,300.00. Following the completion of the sale, the chief financial officer directly owned 303,114 shares of the company’s stock, valued at approximately $27,359,069.64. The trade was a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Steven S. Fendley sold 7,000 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $91.25, for a total transaction of $638,750.00. Following the transaction, the insider owned 332,421 shares in the company, valued at $30,333,416.25. This represents a 2.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 82,716 shares of company stock worth $6,608,725 over the last ninety days. 2.37% of the stock is owned by company insiders.

Kratos Defense & Security Solutions Stock Performance

Shares of Kratos Defense & Security Solutions stock opened at $71.69 on Friday. The business has a 50-day moving average price of $84.45 and a two-hundred day moving average price of $61.18. Kratos Defense & Security Solutions, Inc. has a 1-year low of $23.90 and a 1-year high of $112.57. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12. The company has a market cap of $12.10 billion, a P/E ratio of 716.97 and a beta of 1.11.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its earnings results on Tuesday, November 4th. The aerospace company reported $0.14 EPS for the quarter, topping the consensus estimate 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 business had revenue of $347.60 million during the quarter, compared to analysts’ expectations of $323.01 million. During the same quarter last year, the firm posted $0.11 earnings per share. The firm’s revenue was up 26.0% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on KTOS. Stifel Nicolaus lifted 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 report on Wednesday, October 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a report on Wednesday, October 8th. Robert W. Baird upped their price target on Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the company an “outperform” rating in a research report on Friday, September 26th. Noble Financial restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, November 6th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Thursday, October 2nd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Kratos Defense & Security Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $82.36.

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.