Kratos Defense & Security Solutions, Inc. $KTOS Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC lessened its stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 4.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 835,929 shares of the aerospace company’s stock after selling 39,134 shares during the period. Kratos Defense & Security Solutions makes up about 1.9% of Emerald Advisers LLC’s portfolio, making the stock its 6th biggest position. Emerald Advisers LLC’s holdings in Kratos Defense & Security Solutions were worth $58,941,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Royal Bank of Canada increased its stake in Kratos Defense & Security Solutions by 22.6% during the 1st quarter. Royal Bank of Canada now owns 190,481 shares of the aerospace company’s stock valued at $5,655,000 after purchasing an additional 35,098 shares in the last quarter. Amundi acquired a new stake in shares of Kratos Defense & Security Solutions during the first quarter worth $791,000. NewEdge Advisors LLC lifted its stake in shares of Kratos Defense & Security Solutions by 64.4% during 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 period. Jones Financial Companies Lllp grew its holdings in shares of Kratos Defense & Security Solutions by 178.0% during the first quarter. Jones Financial Companies Lllp now owns 3,570 shares of the aerospace company’s stock valued at $108,000 after buying an additional 2,286 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Kratos Defense & Security Solutions by 11.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 393,614 shares of the aerospace company’s stock valued at $11,686,000 after buying an additional 41,265 shares during the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

Wall Street Analyst Weigh In

KTOS has been the subject of a number of research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, April 21st. Canaccord Genuity Group boosted their price target on Kratos Defense & Security Solutions from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. upgraded Kratos Defense & Security Solutions from a “neutral” rating to an “overweight” rating and dropped their price target for the company from $99.00 to $82.00 in a research note on Friday, June 12th. Wedbush assumed coverage on Kratos Defense & Security Solutions in a report on Tuesday, June 30th. They issued an “outperform” rating and a $85.00 price objective on the stock. Finally, Jefferies Financial Group restated a “buy” rating and issued a $80.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Wednesday, July 8th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.41.

Insiders Place Their Bets

In other news, Director Scot B. Jarvis sold 5,417 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $75.90, for a total value of $411,150.30. Following the completion of the transaction, the director owned 75,123 shares of the company’s stock, valued at $5,701,835.70. The trade was a 6.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Phillip D. Carrai sold 6,500 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $52.13, for a total value of $338,845.00. Following the completion of the sale, the insider owned 221,550 shares in the company, valued at $11,549,401.50. The trade was a 2.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 161,453 shares of company stock worth $9,466,223. 1.50% of the stock is currently owned by company insiders.

Key Kratos Defense & Security Solutions News

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Kratos announced an approximate $100 million sole-source prime contract to produce a ground-based modular space domain awareness system, reinforcing demand for its national security and space surveillance offerings. Kratos Receives Approximate $100 Million Sole Source Prime Space Domain Awareness System Program Award
• Positive Sentiment: The award is notable because it is sole-source, suggesting Kratos secured the work without direct competition and may be seeing stronger traction in specialized defense programs. Kratos Receives Approximate $100 Million Sole Source Prime Space Domain Awareness System Program Award
• Neutral Sentiment: Kratos was also mentioned in broader articles about defense stocks benefiting from NATO spending and about mid-cap names to watch, but those pieces are sector-level commentary rather than company-specific catalysts. $50 Billion Is About to Flood Into Defense Stocks: Here’s Who Cashes In
• Negative Sentiment: Some recent coverage pointed to insider selling as a possible reason for weakness in KTOS shares, which may be weighing on sentiment even as the contract news offsets it. Kratos Defense & Security Solutions (NASDAQ:KTOS) Trading Down 1.4% After Insider Selling

Kratos Defense & Security Solutions Trading Down 2.6%

Shares of Kratos Defense & Security Solutions stock opened at $46.96 on Tuesday. The stock has a market cap of $8.81 billion, a PE ratio of 276.24 and a beta of 1.07. The firm has a fifty day moving average price of $55.12 and a 200 day moving average price of $76.60. Kratos Defense & Security Solutions, Inc. has a 1 year low of $46.01 and a 1 year high of $134.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.63 and a quick ratio of 5.08.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings results on Wednesday, May 6th. The aerospace company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.13 by $0.03. The company had revenue of $371.00 million for the quarter, compared to analyst estimates of $345.00 million. Kratos Defense & Security Solutions had a net margin of 2.08% and a return on equity of 2.82%. The firm’s revenue was up 22.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.12 earnings per share. Equities research analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.48 earnings per share for the current year.

Kratos Defense & Security Solutions Company 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.