Emerald Mutual Fund Advisers Trust Sells 44,878 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Emerald Mutual Fund Advisers Trust reduced its position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 5.0% during the second quarter, Holdings Channel.com reports. The fund owned 847,938 shares of the aerospace company’s stock after selling 44,878 shares during the quarter. Kratos Defense & Security Solutions accounts for approximately 2.4% of Emerald Mutual Fund Advisers Trust’s investment portfolio, making the stock its 4th largest position. Emerald Mutual Fund Advisers Trust’s holdings in Kratos Defense & Security Solutions were worth $39,387,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. CWM LLC raised its holdings in Kratos Defense & Security Solutions by 3.8% during the 2nd quarter. CWM LLC now owns 4,722 shares of the aerospace company’s stock worth $219,000 after buying an additional 171 shares during the period. Red Mountain Financial LLC raised its holdings in Kratos Defense & Security Solutions by 1.9% during the 2nd quarter. Red Mountain Financial LLC now owns 10,500 shares of the aerospace company’s stock worth $488,000 after buying an additional 200 shares during the period. ORG Partners LLC raised its holdings in Kratos Defense & Security Solutions by 12.3% during the 2nd quarter. ORG Partners LLC now owns 2,432 shares of the aerospace company’s stock worth $105,000 after buying an additional 267 shares during the period. Robertson Stephens Wealth Management LLC raised its holdings in Kratos Defense & Security Solutions by 0.7% during the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 38,965 shares of the aerospace company’s stock worth $1,810,000 after buying an additional 275 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in Kratos Defense & Security Solutions by 11.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,769 shares of the aerospace company’s stock worth $129,000 after buying an additional 289 shares during the period. Institutional investors and hedge funds own 75.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Benchmark boosted their price objective on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. Stifel Nicolaus boosted their price objective on Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Canaccord Genuity Group boosted their price objective on Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. JMP Securities boosted their price objective on Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the stock a “market outperform” rating in a report on Thursday, October 2nd. Finally, Royal Bank Of Canada lifted their target price on Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Kratos Defense & Security Solutions currently has an average rating of “Moderate Buy” and an average price target of $77.36.

Insiders Place Their Bets

In related news, insider Phillip D. Carrai sold 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $96.90, for a total value of $581,400.00. Following the completion of the sale, the insider owned 252,041 shares of the company’s stock, valued at approximately $24,422,772.90. The trade was a 2.33% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider David M. Carter sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $102.81, for a total value of $411,240.00. Following the completion of the sale, the insider directly owned 93,809 shares of the company’s stock, valued at approximately $9,644,503.29. The trade was a 4.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 85,716 shares of company stock worth $6,628,285 in the last quarter. Corporate insiders own 2.37% of the company’s stock.

Kratos Defense & Security Solutions Trading Up 1.6%

NASDAQ:KTOS opened at $91.21 on Thursday. The stock has a market cap of $15.40 billion, a PE ratio of 912.19 and a beta of 1.12. The stock’s 50-day moving average is $81.19 and its two-hundred day moving average is $57.67. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $22.69 and a fifty-two week high of $112.57. 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 announced its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The business had revenue of $351.50 million during the quarter, compared to analysts’ expectations of $305.67 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The firm’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

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.