Stephens Inc. AR Sells 35,635 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Stephens Inc. AR cut its holdings in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 10.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 304,359 shares of the aerospace company’s stock after selling 35,635 shares during the quarter. Stephens Inc. AR’s holdings in Kratos Defense & Security Solutions were worth $21,460,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KTOS. Mcguire Capital Advisors Inc. bought a new stake in shares of Kratos Defense & Security Solutions in the fourth quarter valued at approximately $25,000. Atlantic Union Bankshares Corp boosted its holdings in Kratos Defense & Security Solutions by 7,600.0% in the 4th 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. Rakuten Securities Inc. purchased a new position in Kratos Defense & Security Solutions in the 2nd quarter valued at approximately $31,000. Murphy & Mullick Capital Management Corp grew its stake in Kratos Defense & Security Solutions by 115.4% in the 4th quarter. Murphy & Mullick Capital Management Corp now owns 420 shares of the aerospace company’s stock valued at $32,000 after buying an additional 225 shares in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new stake in Kratos Defense & Security Solutions during the 4th quarter valued at $37,000. Institutional investors own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Price Performance

Shares of NASDAQ:KTOS opened at $55.35 on Monday. The firm has a fifty day moving average price of $56.64 and a two-hundred day moving average price of $77.69. The company has a market cap of $10.38 billion, a price-to-earnings ratio of 325.59 and a beta of 1.07. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.63 and a quick ratio of 5.08. Kratos Defense & Security Solutions, Inc. has a one year low of $42.81 and a one year high of $134.00.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.03. Kratos Defense & Security Solutions had a net margin of 2.08% and a return on equity of 2.82%. The firm had revenue of $371.00 million for the quarter, compared to analysts’ expectations of $345.00 million. During the same quarter in the prior year, the firm posted $0.12 earnings per share. The business’s quarterly revenue was up 22.6% on a year-over-year basis. Analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.48 EPS for the current fiscal year.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other news, insider Phillip D. Carrai sold 6,500 shares of Kratos Defense & Security Solutions stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $52.13, for a total transaction of $338,845.00. Following the completion of the sale, the insider owned 221,550 shares in the company, valued at approximately $11,549,401.50. This trade represents a 2.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven S. Fendley sold 35,000 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $58.23, for a total value of $2,038,050.00. Following the transaction, the insider directly owned 309,087 shares of the company’s stock, valued at $17,998,136.01. The trade was a 10.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 161,453 shares of company stock valued at $9,561,063 over the last 90 days. Insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

KTOS has been the topic of several recent research reports. Wedbush initiated coverage on Kratos Defense & Security Solutions in a research report on Tuesday, June 30th. They set an “outperform” rating and a $85.00 target price on the stock. Citizens Jmp decreased their price objective on Kratos Defense & Security Solutions from $125.00 to $105.00 and set a “market outperform” rating on the stock in a research note on Friday, May 8th. UBS Group reissued a “neutral” rating and set a $82.00 price objective on shares of Kratos Defense & Security Solutions in a report on Thursday, May 7th. Jefferies Financial Group set a $80.00 target price on Kratos Defense & Security Solutions in a research note on Sunday, May 10th. Finally, Royal Bank Of Canada decreased their price target on Kratos Defense & Security Solutions from $100.00 to $80.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Four analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Kratos Defense & Security Solutions presently has an average rating of “Buy” and an average target price of $100.44.

Kratos Defense & Security Solutions News Roundup

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Kratos won an approximately $36 million sole-source contract for a new air defense missile system, adding a near-term revenue catalyst and reinforcing its position in defense modernization. Article Title
• Positive Sentiment: Wedbush upgraded Kratos Defense & Security Solutions (KTOS) to Strong Buy, which boosted investor confidence in the stock’s longer-term outlook. Article Title
• Positive Sentiment: Broader defense-sector enthusiasm, including renewed attention on drone and missile-defense names, has helped support sentiment in KTOS. Article Title
• Neutral Sentiment: Insiders Steven Fendley, Deanna H. Lund, and Stacey Rock disclosed stock sales, but each transaction was made under pre-arranged 10b5-1 plans, making them less informative about operational prospects. Article Title

Kratos Defense & Security Solutions 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.