Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Sells $353,908.92 in Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Stacey Rock sold 3,846 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $92.02, for a total transaction of $353,908.92. Following the transaction, the insider owned 34,202 shares of the company’s stock, valued at approximately $3,147,268.04. This trade represents a 10.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Kratos Defense & Security Solutions Stock Up 1.2%

KTOS stock opened at $96.19 on Friday. The firm has a market cap of $16.24 billion, a PE ratio of 962.00 and a beta of 1.12. Kratos Defense & Security Solutions, Inc. has a 12 month low of $22.69 and a 12 month high of $98.12. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. The firm has a 50 day simple moving average of $70.35 and a 200 day simple moving average of $49.73.

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 (EPS) for the quarter, beating the consensus estimate of $0.09 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 $351.50 million for the quarter, compared to analysts’ expectations of $305.67 million. During the same quarter in the prior year, the company earned $0.14 earnings per share. The firm’s revenue 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. Equities research analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KTOS. CWM LLC grew its stake in Kratos Defense & Security Solutions by 3.8% in the 2nd quarter. CWM LLC now owns 4,722 shares of the aerospace company’s stock valued at $219,000 after buying an additional 171 shares during the last quarter. Red Mountain Financial LLC boosted its holdings in Kratos Defense & Security Solutions by 1.9% during the second quarter. Red Mountain Financial LLC now owns 10,500 shares of the aerospace company’s stock valued at $488,000 after acquiring an additional 200 shares during the period. NewEdge Advisors LLC grew its position in shares of Kratos Defense & Security Solutions by 15.2% in the second quarter. NewEdge Advisors LLC now owns 1,515 shares of the aerospace company’s stock valued at $70,000 after purchasing an additional 200 shares during the last quarter. MRP Capital Investments LLC increased its stake in shares of Kratos Defense & Security Solutions by 11.1% in the second quarter. MRP Capital Investments LLC now owns 2,500 shares of the aerospace company’s stock worth $116,000 after purchasing an additional 250 shares during the period. Finally, ORG Partners LLC lifted its position in shares of Kratos Defense & Security Solutions by 12.3% during the 2nd quarter. ORG Partners LLC now owns 2,432 shares of the aerospace company’s stock worth $105,000 after purchasing an additional 267 shares during the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

Analyst Upgrades and Downgrades

KTOS has been the topic of a number of analyst reports. B. Riley reissued a “buy” rating and issued a $72.00 price target (up previously from $55.00) on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Robert W. Baird lifted their price objective on shares of Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. Citigroup restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Thursday. Noble Financial reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.50.

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.