Eisler Capital Management Ltd. Buys Shares of 31,500 Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

Eisler Capital Management Ltd. purchased a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 31,500 shares of the aerospace company’s stock, valued at approximately $831,000.

A number of other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp lifted its stake in Kratos Defense & Security Solutions by 90.5% in the fourth quarter. Jones Financial Companies Lllp now owns 1,284 shares of the aerospace company’s stock valued at $34,000 after buying an additional 610 shares during the period. Hemington Wealth Management lifted its position in shares of Kratos Defense & Security Solutions by 86.6% during the 4th quarter. Hemington Wealth Management now owns 1,360 shares of the aerospace company’s stock valued at $35,000 after acquiring an additional 631 shares during the period. Capital Advisors Ltd. LLC bought a new position in Kratos Defense & Security Solutions during the fourth quarter worth $53,000. SBI Securities Co. Ltd. acquired a new stake in Kratos Defense & Security Solutions in the fourth quarter worth $55,000. Finally, MRP Capital Investments LLC increased its stake in Kratos Defense & Security Solutions by 28.6% in the fourth quarter. MRP Capital Investments LLC now owns 2,250 shares of the aerospace company’s stock valued at $59,000 after purchasing an additional 500 shares in the last quarter. 75.92% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Deanna H. Lund sold 6,000 shares of the stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $29.28, for a total transaction of $175,680.00. Following the completion of the transaction, the chief financial officer now owns 331,271 shares in the company, valued at approximately $9,699,614.88. This represents a 1.78 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Thomas E. Iv Mills sold 8,637 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $27.14, for a total value of $234,408.18. Following the completion of the sale, the insider now owns 12,215 shares in the company, valued at $331,515.10. This represents a 41.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 87,168 shares of company stock valued at $2,537,940 in the last ninety days. 2.37% of the stock is currently owned by insiders.

Kratos Defense & Security Solutions Stock Down 1.8 %

KTOS opened at $33.61 on Friday. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $17.91 and a fifty-two week high of $36.85. The firm has a market capitalization of $5.15 billion, a P/E ratio of 336.13 and a beta of 1.03. The company’s 50-day moving average is $31.77 and its 200 day moving average is $29.26. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.22 and a quick ratio of 2.61.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Wednesday, May 7th. The aerospace company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. The firm had revenue of $302.60 million for the quarter, compared to the consensus estimate of $292.25 million. Kratos Defense & Security Solutions had a return on equity of 3.68% and a net margin of 1.31%. The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 EPS. Research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on KTOS shares. StockNews.com downgraded Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research note on Saturday. Benchmark raised their price objective on Kratos Defense & Security Solutions from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday. JMP Securities reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 4th. Truist Financial lifted their price target on shares of Kratos Defense & Security Solutions from $32.00 to $38.00 and gave the company a “buy” rating in a research report on Thursday, April 17th. Finally, 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 report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $36.75.

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.