Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS – Get Free Report) SVP Marie Mendoza sold 1,440 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $97.10, for a total transaction of $139,824.00. Following the sale, the senior vice president directly owned 60,396 shares of the company’s stock, valued at $5,864,451.60. The trade was a 2.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Marie Mendoza also recently made the following trade(s):
- On Monday, September 15th, Marie Mendoza sold 1,408 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $69.45, for a total value of $97,785.60.
- On Friday, August 15th, Marie Mendoza sold 2,000 shares of Kratos Defense & Security Solutions stock. The shares were sold at an average price of $68.35, for a total value of $136,700.00.
Kratos Defense & Security Solutions Price Performance
Kratos Defense & Security Solutions stock opened at $83.12 on Friday. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $77.67 and a 200 day moving average price of $54.05. Kratos Defense & Security Solutions, Inc. has a 12-month low of $22.69 and a 12-month high of $112.57. The stock has a market cap of $14.03 billion, a P/E ratio of 831.28 and a beta of 1.12.
Institutional Investors Weigh In On Kratos Defense & Security Solutions
A number of hedge funds have recently bought and sold shares of KTOS. Perigon Wealth Management LLC purchased a new position in shares of Kratos Defense & Security Solutions in the 3rd quarter valued at about $425,000. Parisi Gray Wealth Management acquired a new stake in Kratos Defense & Security Solutions in the third quarter valued at approximately $289,000. Sowell Financial Services LLC purchased a new position in Kratos Defense & Security Solutions in the third quarter worth approximately $796,000. Sapient Capital LLC acquired a new position in Kratos Defense & Security Solutions during the 3rd quarter worth approximately $41,401,000. Finally, Apollon Wealth Management LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the 3rd quarter valued at approximately $367,000. Institutional investors and hedge funds own 75.92% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have commented on KTOS shares. Cantor Fitzgerald restated an “overweight” rating on shares of Kratos Defense & Security Solutions in a research note on Friday, July 18th. BTIG Research upgraded Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $80.00 price objective on the stock in a report on Thursday, August 14th. Noble Financial reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Benchmark lifted their target price on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, July 8th. Finally, Canaccord Genuity Group boosted their price target on shares of Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $77.36.
View Our Latest Analysis on Kratos Defense & Security Solutions
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.
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