Arkadios Wealth Advisors Sells 4,999 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Arkadios Wealth Advisors decreased its position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 8.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,641 shares of the aerospace company’s stock after selling 4,999 shares during the quarter. Arkadios Wealth Advisors’ holdings in Kratos Defense & Security Solutions were worth $2,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of KTOS. Vanguard Group Inc. lifted its position in 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 buying an additional 1,728,179 shares during the last quarter. Nuveen LLC bought a new stake in Kratos Defense & Security Solutions in the 1st quarter worth approximately $41,118,000. Voya Investment Management LLC lifted its position in Kratos Defense & Security Solutions by 129.2% in the 1st quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company’s stock worth $64,226,000 after buying an additional 1,219,585 shares during the last quarter. Invesco Ltd. lifted its position in Kratos Defense & Security Solutions by 75.2% in the 1st quarter. Invesco Ltd. now owns 2,402,444 shares of the aerospace company’s stock worth $71,329,000 after buying an additional 1,031,223 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in Kratos Defense & Security Solutions by 9,709.0% in the 1st quarter. Principal Financial Group Inc. now owns 997,578 shares of the aerospace company’s stock worth $29,618,000 after buying an additional 987,408 shares during the last quarter. Institutional investors own 75.92% of the company’s stock.

Insider Activity

In related news, insider Phillip D. Carrai sold 6,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $68.82, for a total transaction of $412,920.00. Following the sale, the insider directly owned 258,073 shares in the company, valued at $17,760,583.86. The trade was a 2.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Steven S. 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 value of $622,160.00. Following the completion of the sale, the insider directly owned 339,419 shares in the company, valued at approximately $30,167,560.72. The trade was a 2.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 81,716 shares of company stock worth $6,406,245. Company insiders own 2.37% of the company’s stock.

Analyst Upgrades and Downgrades

KTOS has been the subject of a number of recent research reports. Stifel Nicolaus boosted their target price on 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. Robert W. Baird lifted their target price on shares of Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an “outperform” rating in a research note on Friday, September 26th. Royal Bank Of Canada upped their price target on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an “outperform” rating in a report on Friday, August 8th. JMP Securities increased their price target on shares of Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the company a “market outperform” rating in a research report on Thursday, October 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Kratos Defense & Security Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.36.

Kratos Defense & Security Solutions Stock Down 3.2%

Shares of NASDAQ KTOS opened at $88.30 on Friday. The firm has a fifty day simple moving average of $81.66 and a two-hundred day simple moving average of $57.89. Kratos Defense & Security Solutions, Inc. has a 12 month low of $22.69 and a 12 month 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 firm has a market capitalization of $14.90 billion, a PE ratio of 883.09 and a beta of 1.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share for the quarter, beating 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 firm had revenue of $351.50 million for the quarter, compared to analyst estimates of $305.67 million. During the same quarter in the previous year, the firm posted $0.14 EPS. The company’s revenue for the quarter was up 17.1% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

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.