Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Sells $274,800.00 in Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider David Carter sold 4,000 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $68.70, for a total transaction of $274,800.00. Following the completion of the sale, the insider directly owned 97,809 shares of the company’s stock, valued at $6,719,478.30. The trade was a 3.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Kratos Defense & Security Solutions Trading Up 7.9%

Shares of KTOS stock opened at $76.35 on Wednesday. Kratos Defense & Security Solutions, Inc. has a 52-week low of $22.17 and a 52-week high of $76.62. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43. The company has a 50-day simple moving average of $62.23 and a two-hundred day simple moving average of $44.60. The company has a market capitalization of $12.89 billion, a price-to-earnings ratio of 763.58 and a beta of 1.05.

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

Analyst Ratings Changes

A number of research firms have recently weighed in on KTOS. JPMorgan Chase & Co. increased their target price on shares of Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a “neutral” rating in a research report on Monday, June 30th. Royal Bank Of Canada increased their target price 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. JMP Securities set a $70.00 target price on shares of Kratos Defense & Security Solutions and gave the company a “market outperform” rating in a research report on Tuesday, July 22nd. Cantor Fitzgerald reissued an “overweight” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 18th. Finally, Benchmark increased their target price on shares of Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Kratos Defense & Security Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $57.64.

Institutional Trading of Kratos Defense & Security Solutions

Several institutional investors and hedge funds have recently bought and sold shares of KTOS. Cetera Investment Advisers raised its position in shares of Kratos Defense & Security Solutions by 13.2% during the 4th quarter. Cetera Investment Advisers now owns 15,379 shares of the aerospace company’s stock valued at $406,000 after buying an additional 1,793 shares in the last quarter. Gotham Asset Management LLC raised its position in shares of Kratos Defense & Security Solutions by 32.1% during the 4th quarter. Gotham Asset Management LLC now owns 21,347 shares of the aerospace company’s stock valued at $563,000 after buying an additional 5,186 shares in the last quarter. ProShare Advisors LLC raised its position in shares of Kratos Defense & Security Solutions by 47.2% during the 4th quarter. ProShare Advisors LLC now owns 42,256 shares of the aerospace company’s stock valued at $1,115,000 after buying an additional 13,547 shares in the last quarter. Rafferty Asset Management LLC raised its position in shares of Kratos Defense & Security Solutions by 4.8% during the 4th quarter. Rafferty Asset Management LLC now owns 38,676 shares of the aerospace company’s stock valued at $1,020,000 after buying an additional 1,758 shares in the last quarter. Finally, Vident Advisory LLC raised its position in shares of Kratos Defense & Security Solutions by 40.9% during the 4th quarter. Vident Advisory LLC now owns 99,818 shares of the aerospace company’s stock valued at $2,633,000 after buying an additional 28,961 shares in the last quarter. 75.92% of the stock is currently owned by hedge funds and other institutional investors.

About Kratos Defense & Security Solutions

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.