Marie Mendoza Sells 1,408 Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) SVP Marie Mendoza sold 1,408 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $72.09, for a total value of $101,502.72. Following the transaction, the senior vice president owned 59,123 shares in the company, valued at $4,262,177.07. This trade represents a 2.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Marie Mendoza also recently made the following trade(s):

• On Wednesday, October 15th, Marie Mendoza sold 1,440 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $97.10, for a total value of $139,824.00.
• On Monday, September 15th, Marie Mendoza sold 1,408 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $69.45, for a total value of $97,785.60.

Kratos Defense & Security Solutions Trading Up 0.4%

KTOS traded up $0.31 during mid-day trading on Wednesday, hitting $70.67. 2,073,977 shares of the stock were exchanged, compared to its average volume of 3,592,417. The firm’s fifty day moving average is $84.95 and its two-hundred day moving average is $62.38. 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 market cap of $11.93 billion, a PE ratio of 706.77 and a beta of 1.11. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $347.60 million for the quarter, compared to analyst estimates of $323.01 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The business’s revenue for the quarter was up 26.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.11 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. BNP Paribas set a $80.00 target price on shares of Kratos Defense & Security Solutions in a report on Tuesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Wednesday, October 8th. Canaccord Genuity Group increased their price objective on Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Truist Financial boosted their target price on Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, BTIG Research increased their price target on Kratos Defense & Security Solutions from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kratos Defense & Security Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $82.06.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Kratos Defense & Security Solutions by 11.7% in the first quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock valued at $488,332,000 after buying an additional 1,728,179 shares in the last quarter. Franklin Resources Inc. increased its holdings 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 acquiring an additional 1,162,577 shares during the last quarter. ARK Investment Management LLC raised its position in shares of Kratos Defense & Security Solutions by 22.2% during the 2nd quarter. ARK Investment Management LLC now owns 4,507,692 shares of the aerospace company’s stock worth $209,382,000 after acquiring an additional 818,104 shares in the last quarter. Geode Capital Management LLC lifted its stake in Kratos Defense & Security Solutions by 8.3% during the second quarter. Geode Capital Management LLC now owns 3,949,763 shares of the aerospace company’s stock worth $183,490,000 after purchasing an additional 301,135 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in Kratos Defense & Security Solutions by 29.5% in the third quarter. First Trust Advisors LP now owns 3,068,863 shares of the aerospace company’s stock valued at $280,402,000 after purchasing an additional 698,778 shares in the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

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.