Kratos Defense & Security Solutions (NASDAQ:KTOS) CFO Sells $325,500.00 in Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) CFO Deanna Lund sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $65.10, for a total transaction of $325,500.00. Following the completion of the transaction, the chief financial officer directly owned 313,327 shares in the company, valued at $20,397,587.70. The trade was a 1.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Kratos Defense & Security Solutions Stock Performance

Shares of Kratos Defense & Security Solutions stock opened at $66.71 on Friday. The firm’s fifty day simple moving average is $54.16 and its 200-day simple moving average is $39.95. The stock has a market capitalization of $11.26 billion, a price-to-earnings ratio of 667.17 and a beta of 1.04. Kratos Defense & Security Solutions, Inc. has a 12 month low of $20.83 and a 12 month high of $72.70. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. The business had revenue of $351.50 million for the quarter, compared to analysts’ expectations of $305.67 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The company’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

Several institutional investors and hedge funds have recently made changes to their positions in the business. MRP Capital Investments LLC boosted its position in shares of Kratos Defense & Security Solutions by 11.1% in the 2nd quarter. MRP Capital Investments LLC now owns 2,500 shares of the aerospace company’s stock worth $116,000 after buying an additional 250 shares in the last quarter. State of Wyoming purchased a new stake in shares of Kratos Defense & Security Solutions in the 2nd quarter worth about $132,000. Caxton Associates LLP boosted its position in shares of Kratos Defense & Security Solutions by 30.4% in the 2nd quarter. Caxton Associates LLP now owns 16,030 shares of the aerospace company’s stock worth $745,000 after buying an additional 3,736 shares in the last quarter. Castleark Management LLC boosted its position in shares of Kratos Defense & Security Solutions by 34.8% in the 2nd quarter. Castleark Management LLC now owns 174,166 shares of the aerospace company’s stock worth $8,090,000 after buying an additional 44,996 shares in the last quarter. Finally, Nikko Asset Management Americas Inc. raised its stake in Kratos Defense & Security Solutions by 16.9% in the 2nd quarter. Nikko Asset Management Americas Inc. now owns 2,081,077 shares of the aerospace company’s stock valued at $96,583,000 after purchasing an additional 300,326 shares during the last quarter. 75.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

KTOS has been the topic of a number of analyst reports. Noble Financial reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. BTIG Research upgraded shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $80.00 price objective on the stock in a research report on Thursday, August 14th. JPMorgan Chase & Co. lifted their price objective on shares of Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a “neutral” rating in a research report on Monday, June 30th. Stifel Nicolaus lifted their price objective on shares of Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, July 21st. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Kratos Defense & Security Solutions has a consensus rating of “Moderate Buy” and an average price target of $57.64.

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.