D L Carlson Investment Group Inc. Sells 2,247 Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

D L Carlson Investment Group Inc. cut its position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 1.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 153,463 shares of the aerospace company’s stock after selling 2,247 shares during the period. D L Carlson Investment Group Inc. owned approximately 0.10% of Kratos Defense & Security Solutions worth $4,048,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in shares of Kratos Defense & Security Solutions by 90.5% during the 4th quarter. Jones Financial Companies Lllp now owns 1,284 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 610 shares during the period. Hemington Wealth Management increased its holdings in Kratos Defense & Security Solutions by 86.6% in the 4th quarter. Hemington Wealth Management now owns 1,360 shares of the aerospace company’s stock valued at $35,000 after acquiring an additional 631 shares during the last quarter. Capital Advisors Ltd. LLC bought a new position in Kratos Defense & Security Solutions during the fourth quarter valued at approximately $53,000. SBI Securities Co. Ltd. purchased a new position in shares of Kratos Defense & Security Solutions in the fourth quarter valued at $55,000. Finally, MRP Capital Investments LLC increased its holdings in shares of Kratos Defense & Security Solutions by 28.6% in the 4th quarter. MRP Capital Investments LLC now owns 2,250 shares of the aerospace company’s stock worth $59,000 after buying an additional 500 shares during the last quarter. 75.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on KTOS. Robert W. Baird boosted their target price on Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Tuesday, January 14th. JMP Securities restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 4th. StockNews.com lowered Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research note on Saturday, March 8th. Jefferies Financial Group boosted their price target on Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the company a “hold” rating in a research note on Friday, December 13th. Finally, Truist Financial raised their target price on shares of Kratos Defense & Security Solutions from $27.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Kratos Defense & Security Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $32.67.

Insider Activity at Kratos Defense & Security Solutions

In related news, insider Phillip D. Carrai sold 6,000 shares of the firm’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $31.38, for a total transaction of $188,280.00. Following the completion of the sale, the insider now directly owns 293,897 shares of the company’s stock, valued at approximately $9,222,487.86. This trade represents a 2.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Marie Mendoza sold 2,031 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $31.36, for a total value of $63,692.16. Following the completion of the transaction, the senior vice president now directly owns 69,288 shares in the company, valued at approximately $2,172,871.68. The trade was a 2.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 103,196 shares of company stock worth $2,962,300. 2.27% of the stock is owned by company insiders.

Kratos Defense & Security Solutions Stock Down 2.5 %

Shares of NASDAQ KTOS opened at $30.68 on Monday. The firm’s 50-day moving average is $30.34 and its two-hundred day moving average is $27.45. The company has a market capitalization of $4.69 billion, a PE ratio of 306.83 and a beta of 1.12. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.22 and a quick ratio of 2.61. Kratos Defense & Security Solutions, Inc. has a 12-month low of $17.05 and a 12-month high of $35.66.

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.