Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS – Get Free Report) SVP Marie Mendoza sold 1,513 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $64.37, for a total transaction of $97,391.81. Following the completion of the transaction, the senior vice president directly owned 61,976 shares in the company, valued at $3,989,395.12. The trade was a 2.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Marie Mendoza also recently made the following trade(s):
- On Monday, June 15th, Marie Mendoza sold 1,500 shares of Kratos Defense & Security Solutions stock. The stock was sold at an average price of $57.93, for a total value of $86,895.00.
Kratos Defense & Security Solutions Stock Performance
KTOS opened at $60.56 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.54 and a quick ratio of 4.99. The business has a fifty day simple moving average of $52.82 and a 200 day simple moving average of $67.18. Kratos Defense & Security Solutions, Inc. has a 1 year low of $43.09 and a 1 year high of $134.00. The company has a market capitalization of $11.37 billion, a PE ratio of 356.24 and a beta of 1.08.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on KTOS shares. Canaccord Genuity Group increased their target price on shares of Kratos Defense & Security Solutions from $130.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Weiss Ratings lowered shares of Kratos Defense & Security Solutions from a “hold (c)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Clear Str upgraded shares of Kratos Defense & Security Solutions to a “strong-buy” rating in a research report on Wednesday, April 29th. Citizens Jmp lowered their target price on shares of Kratos Defense & Security Solutions from $125.00 to $105.00 and set a “market outperform” rating for the company in a research note on Friday, May 8th. Finally, BTIG Research boosted their target price on shares of Kratos Defense & Security Solutions from $100.00 to $104.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $99.47.
Get Our Latest Stock Analysis on KTOS
Institutional Investors Weigh In On Kratos Defense & Security Solutions
Hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Investment Advisory LLC purchased a new position in Kratos Defense & Security Solutions during the second quarter worth about $25,000. Mcguire Capital Advisors Inc. bought a new position in shares of Kratos Defense & Security Solutions in the fourth quarter valued at approximately $25,000. Atlantic Union Bankshares Corp grew its holdings in shares of Kratos Defense & Security Solutions by 7,600.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 380 shares in the last quarter. Vision Retirement LLC increased its position in shares of Kratos Defense & Security Solutions by 288.2% during the first quarter. Vision Retirement LLC now owns 427 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 317 shares during the last quarter. Finally, Rakuten Securities Inc. purchased a new stake in shares of Kratos Defense & Security Solutions during the second quarter valued at approximately $31,000. 75.92% of the stock is owned by institutional investors.
More Kratos Defense & Security Solutions News
Here are the key news stories impacting Kratos Defense & Security Solutions this week:
- Positive Sentiment: Kratos received multi-million-dollar orders through its newly acquired Orbit business for GAIA 100 5.5-meter and 6.1-meter tri-band satellite ground-station systems. The orders signal demand for Orbit’s S-, X- and Ka-band communications and tracking technology. Kratos Receives Multi-Million-Dollar Orders for GAIA 100 Tri-Band Ground Station Systems Through Newly Acquired Orbit
- Positive Sentiment: A U.S. Marine Corps Valkyrie Collaborative Combat Aircraft demonstrated electronic-warfare capabilities and beyond-line-of-sight command and control in flight testing. The milestone supports Kratos’ unmanned and autonomous-defense growth prospects, although no contract award was announced. USMC Valkyrie Demonstrates Beyond-Line-Of-Sight Command and Control in Flight at U.S. Navy Test Range
- Positive Sentiment: Recent coverage emphasized strong second-quarter results: revenue increased 30.5% year over year to $458.8 million and earnings exceeded consensus expectations. Organic growth was led by Kratos Government Solutions and key businesses including defense rocket support, turbine technology and microwave products. Kratos: A Production Powerhouse That No Longer Feels Speculative
- Neutral Sentiment: Analysts point to Kratos’ $2.08 billion backlog, capacity expansion and exposure to unmanned systems and hypersonics as long-term positives. However, the investment case depends on margin improvement, while the stock’s very high valuation already reflects substantial future growth. Kratos: A Cautious Buy At The Inflection Point
- Negative Sentiment: Insider Phillip Carrai sold 26,500 shares worth approximately $1.68 million, reducing his position by 12.7%. SVP Marie Mendoza also sold 1,513 shares for about $97,000. Both trades were conducted under pre-arranged Rule 10b5-1 plans, limiting their significance as discretionary bearish signals, but the transactions nevertheless pressured sentiment. Kratos Defense & Security Solutions Insider Selling
Kratos Defense & Security Solutions Company Profile
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.
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