Stephens Inc. AR Reduces Stake in Kratos Defense & Security Solutions, Inc. $KTOS

Stephens Inc. AR lowered its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 3.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 339,994 shares of the aerospace company’s stock after selling 13,938 shares during the quarter. Stephens Inc. AR owned approximately 0.20% of Kratos Defense & Security Solutions worth $25,809,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of KTOS. Atlantic Union Bankshares Corp lifted its holdings in Kratos Defense & Security Solutions by 7,600.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock worth $29,000 after buying an additional 380 shares during the period. Rakuten Securities Inc. purchased a new stake in Kratos Defense & Security Solutions in the 2nd quarter worth approximately $31,000. Bayforest Capital Ltd purchased a new stake in Kratos Defense & Security Solutions in the 3rd quarter worth approximately $32,000. Caitlin John LLC purchased a new stake in Kratos Defense & Security Solutions in the 3rd quarter worth approximately $32,000. Finally, Accredited Wealth Management LLC lifted its holdings in Kratos Defense & Security Solutions by 193.5% in the 3rd quarter. Accredited Wealth Management LLC now owns 408 shares of the aerospace company’s stock worth $37,000 after buying an additional 269 shares during the period. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Analysts Set New Price Targets

KTOS has been the subject of a number of research analyst reports. Citigroup restated a “market outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 24th. Weiss Ratings restated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, April 21st. KeyCorp raised their target price on Kratos Defense & Security Solutions from $90.00 to $130.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. BTIG Research lowered their target price on Kratos Defense & Security Solutions from $115.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Finally, Noble Financial restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, January 20th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Kratos Defense & Security Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $96.28.

Insider Activity at Kratos Defense & Security Solutions

In related news, VP De Burgreen Maria Cervantes sold 6,270 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $89.29, for a total transaction of $559,848.30. Following the completion of the transaction, the vice president owned 59,369 shares of the company’s stock, valued at $5,301,058.01. This trade represents a 9.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William A. Hoglund sold 30,500 shares of Kratos Defense & Security Solutions stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $71.19, for a total value of $2,171,295.00. Following the completion of the sale, the director directly owned 252,500 shares of the company’s stock, valued at approximately $17,975,475. The trade was a 10.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 168,027 shares of company stock worth $13,312,040 over the last quarter. 1.50% of the stock is currently owned by company insiders.

Kratos Defense & Security Solutions Stock Down 5.0%

KTOS stock opened at $52.09 on Friday. Kratos Defense & Security Solutions, Inc. has a twelve month low of $34.02 and a twelve month high of $134.00. The company has a quick ratio of 5.08, a current ratio of 5.63 and a debt-to-equity ratio of 0.04. The firm has a market cap of $9.77 billion, a PE ratio of 306.41 and a beta of 1.06. The business has a 50 day moving average of $72.39 and a 200 day moving average of $83.05.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings data on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. Kratos Defense & Security Solutions had a return on equity of 2.82% and a net margin of 2.08%.The company had revenue of $371.00 million during the quarter, compared to analyst estimates of $345.00 million. During the same quarter last year, the company earned $0.12 EPS. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis. On average, research analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.58 EPS for the current fiscal year.

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.