Stephens Inc. AR Purchases 3,975 Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

Stephens Inc. AR increased its position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 16.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,451 shares of the aerospace company’s stock after purchasing an additional 3,975 shares during the quarter. Stephens Inc. AR’s holdings in Kratos Defense & Security Solutions were worth $724,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cornell Pochily Investment Advisors Inc. bought a new stake in Kratos Defense & Security Solutions during the fourth quarter worth about $207,000. Lord Abbett & CO. LLC lifted its position in Kratos Defense & Security Solutions by 15.0% during the third quarter. Lord Abbett & CO. LLC now owns 665,285 shares of the aerospace company’s stock worth $15,501,000 after purchasing an additional 86,567 shares during the period. MRA Advisory Group bought a new stake in Kratos Defense & Security Solutions during the fourth quarter worth about $448,000. Robertson Stephens Wealth Management LLC lifted its position in Kratos Defense & Security Solutions by 121.3% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 30,371 shares of the aerospace company’s stock worth $801,000 after purchasing an additional 16,650 shares during the period. Finally, Geode Capital Management LLC lifted its position in Kratos Defense & Security Solutions by 0.8% during the third quarter. Geode Capital Management LLC now owns 3,556,544 shares of the aerospace company’s stock worth $82,883,000 after purchasing an additional 29,278 shares during the period. Institutional investors own 75.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on KTOS shares. Robert W. Baird upped their price objective on shares of Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 14th. StockNews.com raised Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. JMP Securities boosted their target price on Kratos Defense & Security Solutions from $30.00 to $40.00 and gave the stock a “market outperform” rating in a research note on Tuesday, February 4th. Truist Financial boosted their target price on Kratos Defense & Security Solutions from $27.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Finally, Jefferies Financial Group boosted their target price on Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the stock a “hold” rating in a research note on Friday, December 13th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $29.30.

Kratos Defense & Security Solutions Stock Performance

Kratos Defense & Security Solutions stock opened at $28.56 on Friday. The business has a 50 day moving average of $30.03 and a 200-day moving average of $25.80. Kratos Defense & Security Solutions, Inc. has a 1 year low of $16.78 and a 1 year high of $35.66. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.22 and a quick ratio of 2.61. The company has a market capitalization of $4.33 billion, a P/E ratio of 285.63 and a beta of 1.10.

Insider Activity

In other Kratos Defense & Security Solutions news, VP De Burgreen Maria Cervantes sold 19,528 shares of the stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $30.00, for a total transaction of $585,840.00. Following the completion of the sale, the vice president now owns 51,121 shares of the company’s stock, valued at approximately $1,533,630. This represents a 27.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider David M. Carter sold 4,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $26.49, for a total transaction of $105,960.00. Following the sale, the insider now directly owns 103,430 shares of the company’s stock, valued at $2,739,860.70. This represents a 3.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 89,044 shares of company stock valued at $2,576,338 over the last quarter. 2.27% of the stock is owned by company insiders.

Kratos Defense & Security Solutions Company 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.