Steven Fendley Sells 7,000 Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Steven Fendley sold 7,000 shares of the company’s stock in a transaction on Monday, September 29th. The stock was sold at an average price of $88.88, for a total transaction of $622,160.00. Following the transaction, the insider directly owned 339,419 shares in the company, valued at approximately $30,167,560.72. This trade represents a 2.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Kratos Defense & Security Solutions Stock Performance

NASDAQ:KTOS opened at $95.03 on Friday. 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, Inc. has a fifty-two week low of $22.69 and a fifty-two week high of $96.40. The stock has a market cap of $16.04 billion, a PE ratio of 950.40 and a beta of 1.12. The firm’s fifty day simple moving average is $69.62 and its 200-day simple moving average is $49.17.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The business had revenue of $351.50 million for the quarter, compared to analysts’ expectations of $305.67 million. During the same period in the prior year, the company posted $0.14 EPS. The business’s revenue for the quarter was up 17.1% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on KTOS shares. Citigroup reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Thursday. Royal Bank Of Canada increased their price objective on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. B. Riley reissued a “buy” rating and issued a $72.00 price objective (up from $55.00) on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Noble Financial reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Kratos Defense & Security Solutions in a research note on Friday, July 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $63.50.

Institutional Inflows and Outflows

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 Kratos Defense & Security Solutions in the 1st quarter valued at about $29,000. Aspect Partners LLC lifted its holdings in Kratos Defense & Security Solutions by 1,900.0% in the 1st quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 950 shares in the last quarter. Smallwood Wealth Investment Management LLC purchased a new position in Kratos Defense & Security Solutions in the 1st quarter valued at about $30,000. Larson Financial Group LLC purchased a new position in Kratos Defense & Security Solutions in the 1st quarter valued at about $30,000. Finally, TD Waterhouse Canada Inc. purchased a new position in Kratos Defense & Security Solutions in the 2nd quarter valued at about $30,000. 75.92% of the stock is currently owned by hedge funds and other institutional investors.

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.