UBS Group Begins Coverage on Kratos Defense & Security Solutions (NASDAQ:KTOS)

Equities researchers at UBS Group began coverage on shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) in a research note issued on Wednesday, MarketBeat reports. The brokerage set a “neutral” rating and a $79.00 price target on the aerospace company’s stock. UBS Group’s price target would indicate a potential downside of 25.24% from the stock’s current price.

KTOS has been the subject of several other research reports. Citigroup restated a “market outperform” rating on shares of Kratos Defense & Security Solutions in a report on Monday, January 12th. BNP Paribas Exane set a $80.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Tuesday, November 18th. Weiss Ratings restated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a report on Thursday, January 22nd. JonesTrading assumed coverage on Kratos Defense & Security Solutions in a report on Monday, January 5th. They issued a “buy” rating on the stock. Finally, Noble Financial reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Kratos Defense & Security Solutions has an average rating of “Moderate Buy” and an average price target of $93.83.

Kratos Defense & Security Solutions Stock Performance

KTOS stock opened at $105.67 on Wednesday. Kratos Defense & Security Solutions has a 1-year low of $23.90 and a 1-year high of $134.00. The business has a 50-day moving average price of $95.97 and a 200 day moving average price of $83.80. The company has a market capitalization of $18.00 billion, a P/E ratio of 812.91 and a beta of 1.09. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.30 and a quick ratio of 3.68.

Insider Transactions at Kratos Defense & Security Solutions

In related news, SVP Marie Mendoza sold 1,500 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $88.08, for a total transaction of $132,120.00. Following the transaction, the senior vice president directly owned 62,121 shares in the company, valued at $5,471,617.68. The trade was a 2.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Phillip D. Carrai sold 6,500 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $90.91, for a total value of $590,915.00. Following the transaction, the insider directly owned 213,325 shares in the company, valued at $19,393,375.75. This represents a 2.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 922,407 shares of company stock worth $75,653,893. 2.37% of the stock is currently owned by corporate insiders.

Institutional Trading of Kratos Defense & Security Solutions

A number of institutional investors have recently bought and sold shares of the stock. Mcguire Capital Advisors Inc. purchased a new stake in Kratos Defense & Security Solutions during the 4th quarter worth approximately $25,000. Atlantic Union Bankshares Corp lifted its stake in shares of Kratos Defense & Security Solutions by 7,600.0% during the fourth quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock worth $29,000 after buying an additional 380 shares during the period. TD Waterhouse Canada Inc. acquired a new stake in shares of Kratos Defense & Security Solutions during the second quarter worth $30,000. Rakuten Securities Inc. purchased a new stake in shares of Kratos Defense & Security Solutions during the second quarter valued at $31,000. Finally, Bayforest Capital Ltd acquired a new position in shares of Kratos Defense & Security Solutions in the 3rd quarter valued at $32,000. 75.92% of the stock is currently owned by institutional investors and hedge funds.

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.