Profund Advisors LLC Acquires 819 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Profund Advisors LLC boosted its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 11.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,729 shares of the aerospace company’s stock after purchasing an additional 819 shares during the period. Profund Advisors LLC’s holdings in Kratos Defense & Security Solutions were worth $359,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in KTOS. Costello Asset Management INC bought a new stake in Kratos Defense & Security Solutions in the first quarter worth about $29,000. Larson Financial Group LLC bought a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter worth approximately $30,000. Twin Tree Management LP purchased a new position in Kratos Defense & Security Solutions in the first quarter valued at approximately $37,000. Banque Cantonale Vaudoise bought a new position in Kratos Defense & Security Solutions during the first quarter valued at $38,000. Finally, NewEdge Advisors LLC increased its position in Kratos Defense & Security Solutions by 64.4% in the first quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock worth $39,000 after buying an additional 515 shares during the last quarter. 75.92% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Steven S. Fendley sold 7,000 shares of the company’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $91.25, for a total value of $638,750.00. Following the completion of the sale, the insider owned 332,421 shares of the company’s stock, valued at $30,333,416.25. This represents a 2.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David M. Carter sold 4,000 shares of the stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $73.64, for a total value of $294,560.00. Following the completion of the transaction, the insider directly owned 89,809 shares of the company’s stock, valued at approximately $6,613,534.76. The trade was a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 82,716 shares of company stock worth $6,608,725. 2.37% of the stock is currently owned by insiders.

Kratos Defense & Security Solutions Stock Down 6.5%

Shares of KTOS stock opened at $71.69 on Friday. The company’s fifty day moving average price is $84.45 and its 200-day moving average price is $61.18. 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 company has a market capitalization of $12.10 billion, a price-to-earnings ratio of 716.97 and a beta of 1.11. Kratos Defense & Security Solutions, Inc. has a one year low of $23.90 and a one year high of $112.57.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its earnings results on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. The business had revenue of $347.60 million during the quarter, compared to analysts’ expectations of $323.01 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.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 business earned $0.11 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on KTOS shares. BTIG Research boosted their price objective on Kratos Defense & Security Solutions from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Cantor Fitzgerald reissued an “overweight” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 18th. B. Riley downgraded shares of Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $72.00 to $105.00 in a report on Wednesday, October 8th. Canaccord Genuity Group boosted their target price on shares of Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Finally, Noble Financial reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Kratos Defense & Security Solutions presently has an average 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.