SBI Securities Co. Ltd. Purchases 2,715 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

SBI Securities Co. Ltd. grew its position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 89.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,767 shares of the aerospace company’s stock after acquiring an additional 2,715 shares during the period. SBI Securities Co. Ltd.’s holdings in Kratos Defense & Security Solutions were worth $268,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in Kratos Defense & Security Solutions by 11.7% in the 1st quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock valued at $488,332,000 after purchasing an additional 1,728,179 shares during the last quarter. Nuveen LLC bought a new stake in Kratos Defense & Security Solutions in the first quarter valued at approximately $41,118,000. Voya Investment Management LLC lifted its position in shares of Kratos Defense & Security Solutions by 129.2% in the first quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company’s stock valued at $64,226,000 after buying an additional 1,219,585 shares during the last quarter. Invesco Ltd. lifted its position in shares of Kratos Defense & Security Solutions by 75.2% in the first quarter. Invesco Ltd. now owns 2,402,444 shares of the aerospace company’s stock valued at $71,329,000 after buying an additional 1,031,223 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Kratos Defense & Security Solutions during the 2nd quarter worth approximately $37,475,000. 75.92% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Kratos Defense & Security Solutions news, SVP Marie Mendoza sold 1,440 shares of Kratos Defense & Security Solutions stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $97.10, for a total value of $139,824.00. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Deanna H. Lund sold 5,000 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $90.26, for a total value of $451,300.00. Following the sale, the chief financial officer directly owned 303,114 shares in the company, valued at approximately $27,359,069.64. This trade represents a 1.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 82,716 shares of company stock valued at $6,608,725 in the last quarter. Company insiders own 2.37% of the company’s stock.

Kratos Defense & Security Solutions Trading Up 1.1%

KTOS stock opened at $72.45 on Friday. Kratos Defense & Security Solutions, Inc. has a 52 week low of $23.90 and a 52 week high of $112.57. The company has a market capitalization of $12.23 billion, a PE ratio of 724.57 and a beta of 1.11. The company’s 50-day simple moving average is $84.61 and its 200 day simple moving average is $61.64. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43.

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on KTOS. B. Riley cut Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and increased their price target for the company from $72.00 to $105.00 in a research note on Wednesday, October 8th. Citigroup reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, October 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research note on Wednesday, October 8th. Canaccord Genuity Group upped their price target on shares of Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Finally, Truist Financial increased their price target on shares of Kratos Defense & Security Solutions from $78.00 to $125.00 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 assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Kratos Defense & Security Solutions presently has a consensus rating of “Moderate Buy” and an average target price 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.