Moody Aldrich Partners LLC Purchases Shares of 92,040 Kratos Defense & Security Solutions, Inc. $KTOS

Moody Aldrich Partners LLC acquired a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 92,040 shares of the aerospace company’s stock, valued at approximately $4,275,000. Moody Aldrich Partners LLC owned 0.06% of Kratos Defense & Security Solutions at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC acquired a new position in Kratos Defense & Security Solutions during the first quarter valued at approximately $594,000. Corebridge Financial Inc. raised its stake in shares of Kratos Defense & Security Solutions by 5.2% in the 1st quarter. Corebridge Financial Inc. now owns 77,422 shares of the aerospace company’s stock valued at $2,299,000 after acquiring an additional 3,860 shares during the period. ARK Investment Management LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 22.2% during the 2nd quarter. ARK Investment Management LLC now owns 4,507,692 shares of the aerospace company’s stock valued at $209,382,000 after acquiring an additional 818,104 shares in the last quarter. State of Alaska Department of Revenue boosted its position in Kratos Defense & Security Solutions by 15.8% during the 2nd quarter. State of Alaska Department of Revenue now owns 98,033 shares of the aerospace company’s stock worth $4,552,000 after purchasing an additional 13,345 shares during the period. Finally, Trivium Point Advisory LLC boosted its position in Kratos Defense & Security Solutions by 25.0% during the 2nd quarter. Trivium Point Advisory LLC now owns 22,406 shares of the aerospace company’s stock worth $1,041,000 after purchasing an additional 4,483 shares during the period. 75.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on KTOS shares. Canaccord Genuity Group boosted their price objective on 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. Cantor Fitzgerald restated an “overweight” rating on shares of Kratos Defense & Security Solutions in a report on Friday, July 18th. Royal Bank Of Canada increased their price objective on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Robert W. Baird boosted their target price on shares of Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. Finally, Stifel Nicolaus raised their price target on shares of Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Kratos Defense & Security Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.36.

Insiders Place Their Bets

In other news, insider Steven S. Fendley sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $88.88, for a total value of $622,160.00. Following the completion of the sale, the insider directly owned 339,419 shares in the company, valued at approximately $30,167,560.72. The trade was a 2.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Thomas E. Iv Mills sold 5,758 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $65.54, for a total value of $377,379.32. Following the sale, the insider directly owned 9,692 shares in the company, valued at approximately $635,213.68. This represents a 37.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 81,716 shares of company stock valued at $6,406,245. 2.37% of the stock is owned by company insiders.

Kratos Defense & Security Solutions Stock Down 3.2%

Shares of NASDAQ:KTOS opened at $88.30 on Friday. The firm has a market cap of $14.90 billion, a PE ratio of 883.09 and a beta of 1.12. The company has a fifty day simple moving average of $81.66 and a 200 day simple moving average of $57.89. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12. Kratos Defense & Security Solutions, Inc. has a 12-month low of $22.69 and a 12-month high of $112.57.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings data 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 firm had revenue of $351.50 million for the quarter, compared to the consensus estimate of $305.67 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The firm’s revenue was up 17.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current fiscal year.

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.