Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) CFO Deanna H. Lund bought 6,666 shares of the firm’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was purchased at an average price of $6.00 per share, for a total transaction of $39,996.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) opened at 7.16 on Wednesday. The stock’s 50 day moving average price is $6.32 and its 200-day moving average price is $5.56. Kratos Defense & Security Solutions Inc. has a 1-year low of $2.80 and a 1-year high of $7.58. The company’s market cap is $433.29 million.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its earnings results on Wednesday, November 2nd. The company reported $0.03 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.08. Kratos Defense & Security Solutions had a negative return on equity of 3.73% and a negative net margin of 9.06%. The firm had revenue of $165.40 million for the quarter, compared to analysts’ expectations of $162.10 million. During the same period last year, the firm earned $0.07 EPS. The company’s quarterly revenue was up 2.3% on a year-over-year basis. On average, analysts forecast that Kratos Defense & Security Solutions Inc. will post ($0.13) earnings per share for the current year.

Insider Buying and Selling by Quarter for Kratos Defense & Security Solutions (NASDAQ:KTOS)

TRADEMARK VIOLATION NOTICE: “Deanna H. Lund Acquires 6,666 Shares of Kratos Defense & Security Solutions Inc. (KTOS) Stock” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another domain, it was illegally copied and reposted in violation of United States & international copyright laws. The legal version of this article can be accessed at https://www.thecerbatgem.com/2016/11/30/deanna-h-lund-acquires-6666-shares-of-kratos-defense-security-solutions-inc-ktos-stock.html.

Several large investors have recently bought and sold shares of the stock. S Squared Technology LLC boosted its stake in Kratos Defense & Security Solutions by 89.9% in the second quarter. S Squared Technology LLC now owns 1,362,238 shares of the company’s stock worth $5,585,000 after buying an additional 645,000 shares during the period. Cornerstone Capital Management Holdings LLC. boosted its stake in Kratos Defense & Security Solutions by 182.9% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 474,100 shares of the company’s stock worth $3,266,000 after buying an additional 306,500 shares during the period. Dimensional Fund Advisors LP boosted its stake in Kratos Defense & Security Solutions by 6.6% in the second quarter. Dimensional Fund Advisors LP now owns 4,666,914 shares of the company’s stock worth $19,134,000 after buying an additional 288,109 shares during the period. D. E. Shaw & Co. Inc. boosted its stake in Kratos Defense & Security Solutions by 197.9% in the third quarter. D. E. Shaw & Co. Inc. now owns 417,301 shares of the company’s stock worth $2,875,000 after buying an additional 277,226 shares during the period. Finally, Spark Investment Management LLC boosted its stake in Kratos Defense & Security Solutions by 93.3% in the second quarter. Spark Investment Management LLC now owns 402,147 shares of the company’s stock worth $1,648,000 after buying an additional 194,147 shares during the period. Hedge funds and other institutional investors own 68.24% of the company’s stock.

KTOS has been the topic of a number of research analyst reports. B. Riley reiterated a “buy” rating and issued a $9.00 target price on shares of Kratos Defense & Security Solutions in a research report on Friday, October 28th. Zacks Investment Research upgraded Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating and set a $7.25 price objective on the stock in a research report on Monday, October 17th.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc offers various technologies, products and solutions focused on the United States and its allies’ national security. The Company’s segments include Kratos Government Solutions (KGS), Unmanned Systems (US) and Public Safety & Security (PSS). The KGS segment includes the operations of Defense Rocket Support Services (DRSS), Microwave Electronics Division (ME), Technical and Training Solutions (TTS), and Modular Systems (MS), which provide technology-based defense solutions, involving products and services, primarily for the United States National Security priorities.

5 Day Chart for NASDAQ:KTOS

Receive News & Stock Ratings for Kratos Defense & Security Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kratos Defense & Security Solutions Inc. and related stocks with our FREE daily email newsletter.