Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Steven Fendley Sells 7,000 Shares of Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Steven Fendley sold 7,000 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $47.13, for a total transaction of $329,910.00. Following the completion of the sale, the insider owned 295,120 shares in the company, valued at $13,909,005.60. This represents a 2.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kratos Defense & Security Solutions Stock Down 9.8%

KTOS opened at $43.88 on Thursday. The company has a fifty day moving average price of $53.14 and a 200-day moving average price of $73.61. The firm has a market capitalization of $8.23 billion, a P/E ratio of 258.12 and a beta of 1.07. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.63 and a quick ratio of 5.08. Kratos Defense & Security Solutions, Inc. has a one year low of $43.75 and a one year high of $134.00.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.03. The firm had revenue of $371.00 million for the quarter, compared to analysts’ expectations of $345.00 million. Kratos Defense & Security Solutions had a net margin of 2.08% and a return on equity of 2.82%. The business’s quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.12 earnings per share. Equities research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and set a $80.00 price target on shares of Kratos Defense & Security Solutions in a research report on Wednesday, July 8th. BTIG Research decreased their price objective on shares of Kratos Defense & Security Solutions from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Canaccord Genuity Group raised their target price on shares of Kratos Defense & Security Solutions from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 17th. Finally, Clear Str raised shares of Kratos Defense & Security Solutions to a “strong-buy” rating in a research note on Wednesday, April 29th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Kratos Defense & Security Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.29.

Trending Headlines about Kratos Defense & Security Solutions

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Kratos completed its $50 million, 68,000-square-foot Indiana Payload Integration Facility ahead of schedule. The site will support advanced manufacturing, integration and testing of experimental hypersonic payloads, handle up to six payloads simultaneously and create more than 100 high-tech jobs. The investment could strengthen Kratos’ long-term position in the hypersonics market, although the release did not quantify near-term revenue or profit contribution. Kratos Completes Construction of $50 Million Hypersonic Facility
• Positive Sentiment: The company delivered turbomachinery for Lockheed Martin’s ramjet propulsion system, providing evidence of execution on an important advanced-propulsion program and supporting Kratos’ role as a defense-technology supplier. Kratos Delivers Turbomachinery for Lockheed Martin
• Neutral Sentiment: One analyst report described Kratos as offering attractive relative value compared with Anduril and suggested substantial upside, while the reported median analyst price target is $83.50. However, these targets remain expectations rather than new financial results and may have limited immediate impact. Analyst Says Kratos Offers Relative Value
• Negative Sentiment: Investors are approaching next week’s earnings release cautiously. Zacks said KTOS lacks the combination of earnings and revenue-estimate trends that typically supports a likely earnings beat, raising the risk of disappointment after a strong prior quarter. Kratos Earnings Preview
• Negative Sentiment: President Steven S. Fendley sold 7,000 shares worth approximately $329,910 under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the transaction reduces its significance, but it adds to a broader pattern of insider selling: 147 reported insider transactions over six months were sales, with no purchases. SEC Insider Sale Filing

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Several institutional investors have recently modified their holdings of the company. Geode Capital Management LLC lifted its position in Kratos Defense & Security Solutions by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 4,446,230 shares of the aerospace company’s stock worth $337,565,000 after buying an additional 148,622 shares during the last quarter. Morgan Stanley grew its position in Kratos Defense & Security Solutions by 3.9% during the fourth quarter. Morgan Stanley now owns 3,311,095 shares of the aerospace company’s stock valued at $251,345,000 after acquiring an additional 124,607 shares during the last quarter. Invesco Ltd. grew its position in Kratos Defense & Security Solutions by 7.4% during the third quarter. Invesco Ltd. now owns 3,046,194 shares of the aerospace company’s stock valued at $278,331,000 after acquiring an additional 209,189 shares during the last quarter. Northern Trust Corp raised its stake in shares of Kratos Defense & Security Solutions by 13.6% during the third quarter. Northern Trust Corp now owns 2,072,700 shares of the aerospace company’s stock worth $189,383,000 after acquiring an additional 247,652 shares in the last quarter. Finally, Corient Private Wealth LLC raised its stake in shares of Kratos Defense & Security Solutions by 7,701.6% during the fourth quarter. Corient Private Wealth LLC now owns 1,593,549 shares of the aerospace company’s stock worth $120,966,000 after acquiring an additional 1,573,123 shares in the last quarter. 75.92% of the stock is currently owned by institutional investors.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.