Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Stacey Rock Sells 4,000 Shares

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Stacey Rock sold 4,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $64.19, for a total transaction of $256,760.00. Following the sale, the insider owned 38,128 shares of the company’s stock, valued at approximately $2,447,436.32. The trade was a 9.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Kratos Defense & Security Solutions Stock Performance

KTOS opened at $64.81 on Friday. Kratos Defense & Security Solutions, Inc. has a 1-year low of $20.83 and a 1-year high of $72.70. The stock has a market cap of $10.94 billion, a P/E ratio of 648.16 and a beta of 1.05. The stock’s 50 day simple moving average is $58.88 and its 200 day simple moving average is $42.52. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. The company had revenue of $351.50 million for the quarter, compared to the consensus estimate of $305.67 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.Kratos Defense & Security Solutions’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on KTOS. B. Riley reissued a “buy” rating and issued a $72.00 price objective (up from $55.00) on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Royal Bank Of Canada increased their price target 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. Cantor Fitzgerald reissued an “overweight” rating on shares of Kratos Defense & Security Solutions in a research note on Friday, July 18th. Citigroup reaffirmed a “market outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, July 22nd. Finally, Wall Street Zen cut Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a report on Thursday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $57.64.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Institutional investors and hedge funds have recently modified their holdings of the company. Rakuten Securities Inc. purchased a new stake in Kratos Defense & Security Solutions in the 2nd quarter worth approximately $31,000. TD Waterhouse Canada Inc. purchased a new position in shares of Kratos Defense & Security Solutions during the 2nd quarter worth $30,000. Farther Finance Advisors LLC boosted its holdings in shares of Kratos Defense & Security Solutions by 129.0% during the second quarter. Farther Finance Advisors LLC now owns 893 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 503 shares during the last quarter. Costello Asset Management INC purchased a new stake in shares of Kratos Defense & Security Solutions in the first quarter valued at $29,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the second quarter valued at $45,000. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Company 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.