Belpointe Asset Management LLC Acquires 480 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Belpointe Asset Management LLC boosted its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 2.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,908 shares of the aerospace company’s stock after purchasing an additional 480 shares during the period. Belpointe Asset Management LLC’s holdings in Kratos Defense & Security Solutions were worth $832,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in KTOS. Costello Asset Management INC bought a new stake in Kratos Defense & Security Solutions in the first quarter worth $29,000. Aspect Partners LLC lifted its stake in Kratos Defense & Security Solutions by 1,900.0% in the first quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 950 shares during the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in Kratos Defense & Security Solutions in the first quarter worth $30,000. Larson Financial Group LLC bought a new position in shares of Kratos Defense & Security Solutions during the first quarter valued at about $30,000. Finally, Twin Tree Management LP bought a new position in shares of Kratos Defense & Security Solutions during the first quarter valued at about $37,000. 75.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on KTOS. Canaccord Genuity Group reaffirmed a “buy” rating and set a $74.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Tuesday, September 9th. Stifel Nicolaus upped their price objective on shares of Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research note on Wednesday. Royal Bank Of Canada upped their price objective on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Finally, The Goldman Sachs Group raised shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $52.00 price objective for the company in a research note on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $65.86.

Kratos Defense & Security Solutions Price Performance

KTOS stock opened at $105.67 on Thursday. Kratos Defense & Security Solutions, Inc. has a 1 year low of $22.69 and a 1 year high of $106.31. The company has a market cap of $17.84 billion, a P/E ratio of 1,056.81 and a beta of 1.12. The firm has a 50-day moving average of $73.05 and a 200 day moving average of $51.09. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The company had revenue of $351.50 million during the quarter, compared to the consensus estimate of $305.67 million. During the same period in the prior year, the firm earned $0.14 earnings per share. Kratos Defense & Security Solutions’s revenue was up 17.1% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Insiders Place Their Bets

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 5,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $92.03, for a total value of $460,150.00. Following the sale, the chief financial officer owned 308,069 shares in the company, valued at approximately $28,351,590.07. This represents a 1.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP De Burgreen Maria Cervantes sold 6,264 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $69.80, for a total transaction of $437,227.20. Following the completion of the sale, the vice president owned 53,609 shares in the company, valued at approximately $3,741,908.20. This trade represents a 10.46% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 82,276 shares of company stock valued at $5,677,241. Insiders own 2.37% of the company’s stock.

Kratos Defense & Security Solutions 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.