Stacey G. Rock Sells 4,000 Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Stacey G. Rock sold 4,000 shares of the firm’s stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $33.91, for a total transaction of $135,640.00. Following the completion of the transaction, the insider now directly owns 53,812 shares in the company, valued at $1,824,764.92. This trade represents a 6.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Kratos Defense & Security Solutions Trading Up 3.9 %

NASDAQ:KTOS opened at $36.29 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.22 and a quick ratio of 2.61. The business’s 50-day simple moving average is $30.85 and its 200-day simple moving average is $28.92. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $17.91 and a fifty-two week high of $36.85. The stock has a market capitalization of $5.56 billion, a PE ratio of 362.94 and a beta of 1.01.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Kratos Defense & Security Solutions from $27.00 to $33.00 and gave the company a “neutral” rating in a research note on Friday, March 21st. Royal Bank of Canada decreased their price objective on Kratos Defense & Security Solutions from $37.00 to $32.00 and set an “outperform” rating for the company in a research note on Thursday, February 27th. StockNews.com raised Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research note on Friday. Robert W. Baird boosted their target price on Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 14th. Finally, B. Riley upgraded shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and increased their price target for the company from $26.00 to $35.00 in a research report on Monday, January 13th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $34.13.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of KTOS. Larson Financial Group LLC acquired a new stake in shares of Kratos Defense & Security Solutions during the first quarter worth $30,000. Aspect Partners LLC increased its holdings in Kratos Defense & Security Solutions by 1,900.0% during the 1st quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 950 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter valued at about $30,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Kratos Defense & Security Solutions by 202.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,046 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 700 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of Kratos Defense & Security Solutions by 90.5% during the fourth quarter. Jones Financial Companies Lllp now owns 1,284 shares of the aerospace company’s stock worth $34,000 after buying an additional 610 shares during the period. Institutional investors own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Company Profile

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.