One Plus One Wealth Management LLC Makes New Investment in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

One Plus One Wealth Management LLC purchased a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,061 shares of the aerospace company’s stock, valued at approximately $371,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in KTOS. Cornell Pochily Investment Advisors Inc. bought a new position in Kratos Defense & Security Solutions in the fourth quarter valued at $207,000. Lord Abbett & CO. LLC boosted its holdings in shares of Kratos Defense & Security Solutions by 15.0% in the 3rd 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 in the last quarter. MRA Advisory Group bought a new position in shares of Kratos Defense & Security Solutions during the 4th quarter valued at about $448,000. Robertson Stephens Wealth Management LLC raised its holdings in shares of Kratos Defense & Security Solutions by 121.3% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 30,371 shares of the aerospace company’s stock valued at $801,000 after buying an additional 16,650 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Kratos Defense & Security Solutions by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 3,556,544 shares of the aerospace company’s stock valued at $82,883,000 after buying an additional 29,278 shares in the last quarter. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, VP De Burgreen Maria Cervantes sold 19,528 shares of the firm’s 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 transaction, the vice president now owns 51,121 shares of the company’s stock, valued at approximately $1,533,630. This trade represents a 27.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Deanna H. Lund sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $26.73, for a total value of $160,380.00. Following the completion of the sale, the chief financial officer now directly owns 267,708 shares in the company, valued at approximately $7,155,834.84. This represents a 2.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 93,428 shares of company stock valued at $2,686,406. 2.27% of the stock is currently owned by corporate insiders.

Kratos Defense & Security Solutions Trading Down 3.3 %

Shares of KTOS opened at $31.01 on Thursday. 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 current ratio of 3.22, a quick ratio of 2.61 and a debt-to-equity ratio of 0.13. The firm’s 50-day moving average price is $29.97 and its 200-day moving average price is $25.77. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 310.13 and a beta of 1.10.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Jefferies Financial Group increased their price target on shares of Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, December 13th. B. Riley raised shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and increased their target price for the company from $26.00 to $35.00 in a report on Monday, January 13th. StockNews.com upgraded shares of Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. JMP Securities upped their price target on shares of Kratos Defense & Security Solutions from $30.00 to $40.00 and gave the company a “market outperform” rating in a research report on Tuesday, February 4th. Finally, Robert W. Baird raised their price target on 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. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $29.30.

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.