129,364 Kratos Defense & Security Solutions, Inc. $KTOS Shares Acquired by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS raised its position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 146.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 217,813 shares of the aerospace company’s stock after purchasing an additional 129,364 shares during the quarter. Kornitzer Capital Management Inc. KS owned approximately 0.12% of Kratos Defense & Security Solutions worth $9,298,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in shares of Kratos Defense & Security Solutions by 12.2% in the 1st quarter. Bank of New York Mellon Corp now owns 1,515,997 shares of the aerospace company’s stock valued at $106,893,000 after purchasing an additional 164,607 shares during the last quarter. B&D White Capital Company LLC increased its position in shares of Kratos Defense & Security Solutions by 21,357.3% during the third quarter. B&D White Capital Company LLC now owns 1,823,870 shares of the aerospace company’s stock worth $77,861,000 after buying an additional 1,815,370 shares during the period. Principal Financial Group Inc. raised its stake in Kratos Defense & Security Solutions by 48.0% during the first quarter. Principal Financial Group Inc. now owns 1,056,872 shares of the aerospace company’s stock worth $74,520,000 after buying an additional 342,789 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in Kratos Defense & Security Solutions by 16.7% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,664,120 shares of the aerospace company’s stock worth $71,041,000 after buying an additional 238,611 shares during the last quarter. Finally, Bamco Inc. NY acquired a new position in Kratos Defense & Security Solutions in the second quarter valued at $53,746,000. Institutional investors own 75.92% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Deanna H. Lund sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $40.00, for a total transaction of $280,000.00. Following the transaction, the chief financial officer directly owned 266,740 shares of the company’s stock, valued at approximately $10,669,600. This represents a 2.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven S. Fendley sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $56.16, for a total value of $393,120.00. Following the transaction, the insider directly owned 288,111 shares in the company, valued at approximately $16,180,313.76. This trade represents a 2.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 373,013 shares of company stock worth $23,340,582 over the last three months. Insiders own 1.50% of the company’s stock.

Kratos Defense & Security Solutions News Roundup

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

• Positive Sentiment: Third-quarter adjusted EPS was $0.24, above the $0.21 consensus, while revenue rose 35.7% year over year to $471.8 million. Government Solutions growth was a key contributor. Kratos Defense Q3 Earnings Outpace Estimates, Revenues Increase Y/Y
• Positive Sentiment: Orders exceeded sales, with a 2.2-to-1 book-to-bill ratio and backlog reported at $2.65 billion—supportive of future revenue. Fourth-quarter revenue guidance has a $495 million midpoint, slightly above analyst expectations, and the company maintained a roughly $1.8 billion full-year revenue outlook. Kratos Sales Up 36%, Free Cash Flow Negative: Rapid Earnings Reaction
• Neutral Sentiment: Call-option trading activity was unusually high, up 44% versus its average volume. This may reflect increased investor interest but does not establish the direction of future performance.
• Negative Sentiment: Despite adjusted earnings growth, Kratos reported a small GAAP net loss, negative free cash flow, and a GAAP operating loss. These issues raise questions about near-term profitability and cash conversion. Kratos Q3 2026 Earnings Call Transcript
• Negative Sentiment: BTIG cut its price target to $65 from $104, although it retained a Buy rating. The reduction signals a more cautious valuation view even as the firm sees upside potential. BTIG Research ratings

Kratos Defense & Security Solutions Trading Up 5.1%

NASDAQ:KTOS opened at $35.10 on Friday. Kratos Defense & Security Solutions, Inc. has a 12 month low of $31.57 and a 12 month high of $134.00. The company has a current ratio of 5.54, a quick ratio of 4.99 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $6.59 billion, a price-to-earnings ratio of 292.50 and a beta of 1.18. The firm has a fifty day simple moving average of $43.48 and a two-hundred day simple moving average of $62.56.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data on Thursday, November 5th. The aerospace company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.03. The firm had revenue of $471.80 million for the quarter, compared to analyst estimates of $471.40 million. Kratos Defense & Security Solutions had a net margin of 1.34% and a return on equity of 3.32%. The business’s quarterly revenue was up 35.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 earnings per share. Analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on KTOS. Oppenheimer began coverage on shares of Kratos Defense & Security Solutions in a research report on Thursday, October 22nd. They set an “outperform” rating and a $50.00 price target on the stock. BNP Paribas Exane raised Kratos Defense & Security Solutions from a “neutral” rating to an “outperform” rating in a research report on Thursday, October 8th. BTIG Research dropped their price objective on Kratos Defense & Security Solutions from $104.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday. Canaccord Genuity Group boosted their price objective on Kratos Defense & Security Solutions from $130.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, Guggenheim began coverage on Kratos Defense & Security Solutions in a research report on Monday, September 14th. They set a “buy” rating and a $74.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Kratos Defense & Security Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.70.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions is a defense technology company that develops products and services for U.S. government agencies, national security organizations, and allied governments. Its work spans unmanned systems, satellite communications, microwave electronics, command-and-control systems, and training and simulation.

The company’s offerings include unmanned aerial vehicles and target drones, as well as systems and components used in space and satellite communications and other defense applications.