Kratos Defense & Security Solutions, Inc. $KTOS Stake Decreased by S Squared Technology LLC

S Squared Technology LLC decreased its stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 30.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 259,475 shares of the aerospace company’s stock after selling 115,000 shares during the period. Kratos Defense & Security Solutions accounts for 5.1% of S Squared Technology LLC’s portfolio, making the stock its 9th largest position. S Squared Technology LLC’s holdings in Kratos Defense & Security Solutions were worth $12,053,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Americana Partners LLC purchased a new stake in Kratos Defense & Security Solutions during the second quarter valued at about $461,000. Illinois Municipal Retirement Fund acquired a new position in shares of Kratos Defense & Security Solutions in the 2nd quarter valued at about $3,494,000. Profund Advisors LLC lifted its stake in shares of Kratos Defense & Security Solutions by 11.9% in the 2nd quarter. Profund Advisors LLC now owns 7,729 shares of the aerospace company’s stock valued at $359,000 after purchasing an additional 819 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC purchased a new stake in shares of Kratos Defense & Security Solutions during the 2nd quarter worth about $200,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Kratos Defense & Security Solutions during the 2nd quarter worth approximately $370,000. 75.92% of the stock is owned by hedge funds and other institutional investors.

Kratos Defense & Security Solutions Price Performance

KTOS opened at $77.88 on Monday. Kratos Defense & Security Solutions, Inc. has a twelve month low of $23.90 and a twelve month high of $112.57. The firm has a market cap of $13.15 billion, a price-to-earnings ratio of 778.88 and a beta of 1.11. 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 fifty day simple moving average of $83.57 and a 200 day simple moving average of $60.37.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $347.60 million during the quarter, compared to analysts’ expectations of $323.01 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The firm’s revenue for the quarter was up 26.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.11 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current fiscal year.

Insider Activity

In other Kratos Defense & Security Solutions news, insider David M. Carter sold 4,000 shares of the stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $73.64, for a total transaction of $294,560.00. Following the transaction, the insider directly owned 89,809 shares in the company, valued at $6,613,534.76. This represents a 4.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Marie Mendoza sold 1,440 shares of the firm’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 transaction, the senior vice president directly owned 60,396 shares of the company’s stock, valued at approximately $5,864,451.60. This represents a 2.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 90,716 shares of company stock worth $7,152,105 over the last quarter. Corporate insiders own 2.37% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on KTOS. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Wednesday, October 8th. Stifel Nicolaus lifted their target price 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. Royal Bank Of Canada upped their price target on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Robert W. Baird raised their price objective on Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the company an “outperform” rating in a research report on Friday, September 26th. Finally, BTIG Research upped their target price on Kratos Defense & Security Solutions from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday. One equities 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. According to data from MarketBeat, Kratos Defense & Security Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $82.36.

Kratos Defense & Security Solutions 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.