Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Sells $294,560.00 in Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider David Carter sold 4,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $73.64, for a total value of $294,560.00. Following the completion of the transaction, the insider directly owned 89,809 shares in the company, valued at $6,613,534.76. This represents a 4.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Kratos Defense & Security Solutions Trading Up 7.6%

KTOS stock traded up $5.47 during mid-day trading on Friday, reaching $77.88. 5,141,338 shares of the stock traded hands, compared to its average volume of 3,631,700. Kratos Defense & Security Solutions, Inc. has a 52-week low of $23.90 and a 52-week high of $112.57. The stock’s fifty day moving average is $83.57 and its 200-day moving average is $59.99. The company has a market cap of $13.15 billion, a P/E ratio of 778.88 and a beta of 1.11. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 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 $347.60 million for the quarter, compared to analyst estimates of $323.01 million. During the same quarter in the previous year, the business earned $0.11 earnings per share. The firm’s revenue was up 26.0% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Robert W. Baird raised their target price on Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. Noble Financial restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday. Truist Financial upped their target price on Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. B. Riley lowered shares of Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and increased their price target for the stock from $72.00 to $105.00 in a research report on Wednesday, October 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $82.36.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Kratos Defense & Security Solutions by 11.7% in the first quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock valued at $488,332,000 after purchasing an additional 1,728,179 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Kratos Defense & Security Solutions by 29.6% during the 2nd quarter. Franklin Resources Inc. now owns 5,086,494 shares of the aerospace company’s stock worth $236,268,000 after purchasing an additional 1,162,577 shares during the last quarter. ARK Investment Management LLC boosted its stake in Kratos Defense & Security Solutions by 22.2% during the 2nd quarter. ARK Investment Management LLC now owns 4,507,692 shares of the aerospace company’s stock valued at $209,382,000 after purchasing an additional 818,104 shares during the period. Geode Capital Management LLC boosted its stake in Kratos Defense & Security Solutions by 8.3% during the 2nd quarter. Geode Capital Management LLC now owns 3,949,763 shares of the aerospace company’s stock valued at $183,490,000 after purchasing an additional 301,135 shares during the period. Finally, Invesco Ltd. grew its holdings in Kratos Defense & Security Solutions by 18.1% in the 2nd quarter. Invesco Ltd. now owns 2,837,005 shares of the aerospace company’s stock valued at $131,779,000 after buying an additional 434,561 shares during the last quarter. Institutional investors own 75.92% of the company’s stock.

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.