Moody Aldrich Partners LLC Grows Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

Moody Aldrich Partners LLC boosted its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 12.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 103,580 shares of the aerospace company’s stock after purchasing an additional 11,540 shares during the period. Kratos Defense & Security Solutions makes up 1.8% of Moody Aldrich Partners LLC’s portfolio, making the stock its 4th largest position. Moody Aldrich Partners LLC owned 0.06% of Kratos Defense & Security Solutions worth $9,464,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new position in shares of Kratos Defense & Security Solutions in the third quarter worth about $51,000. Rakuten Securities Inc. bought a new position in Kratos Defense & Security Solutions during the 2nd quarter worth approximately $31,000. TD Waterhouse Canada Inc. bought a new position in Kratos Defense & Security Solutions during the 2nd quarter worth approximately $30,000. Farther Finance Advisors LLC increased its stake in Kratos Defense & Security Solutions by 129.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 893 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 503 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Kratos Defense & Security Solutions in the second quarter valued at approximately $45,000. 75.92% of the stock is currently owned by hedge funds and other institutional investors.

Kratos Defense & Security Solutions Trading Down 0.1%

Shares of KTOS opened at $75.91 on Thursday. 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 current ratio of 4.30, a quick ratio of 3.68 and a debt-to-equity ratio of 0.04. The firm’s 50-day moving average price is $77.84 and its 200-day moving average price is $70.46. The firm has a market capitalization of $12.82 billion, a price-to-earnings ratio of 583.97 and a beta of 1.14.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.56% and a return on equity of 3.14%. The business had revenue of $347.60 million during the quarter, compared to analyst estimates of $323.01 million. During the same period last year, the business posted $0.11 earnings per share. Kratos Defense & Security Solutions’s quarterly revenue was up 26.0% compared to the same quarter last year. Sell-side analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Insider Buying and Selling

In other news, insider Phillip D. Carrai sold 6,000 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $75.91, for a total value of $455,460.00. Following the sale, the insider directly owned 198,962 shares of the company’s stock, valued at $15,103,205.42. This represents a 2.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Stacey G. Rock sold 8,549 shares of Kratos Defense & Security Solutions stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $71.45, for a total transaction of $610,826.05. Following the transaction, the insider directly owned 30,283 shares of the company’s stock, valued at approximately $2,163,720.35. This trade represents a 22.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 663,865 shares of company stock valued at $50,935,776 over the last 90 days. 2.37% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

KTOS has been the topic of several recent analyst reports. Robert W. Baird raised 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 report on Friday, September 26th. Truist Financial raised their price target on shares of Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Canaccord Genuity Group boosted their price objective on shares of Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. KeyCorp assumed coverage on shares of Kratos Defense & Security Solutions in a report on Thursday, December 18th. They set an “overweight” rating and a $90.00 target price for the company. Finally, BTIG Research raised their target price on Kratos Defense & Security Solutions from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $82.53.

Kratos Defense & Security Solutions Profile

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.