Zweig DiMenna Associates LLC Purchases Shares of 156,000 Kratos Defense & Security Solutions, Inc. $KTOS

Zweig DiMenna Associates LLC purchased a new stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 156,000 shares of the aerospace company’s stock, valued at approximately $7,246,000.

Several other institutional investors have also added to or reduced their stakes in KTOS. Costello Asset Management INC purchased a new stake in Kratos Defense & Security Solutions during the 1st quarter valued at $29,000. Larson Financial Group LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter worth about $30,000. Twin Tree Management LP purchased a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter worth about $37,000. Banque Cantonale Vaudoise purchased a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter worth about $38,000. Finally, NewEdge Advisors LLC lifted its position in shares of Kratos Defense & Security Solutions by 64.4% in the 1st quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 515 shares during the period. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Insiders Place Their Bets

In other Kratos Defense & Security Solutions news, VP De Burgreen Maria Cervantes sold 6,264 shares of Kratos Defense & Security Solutions stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $69.80, for a total value of $437,227.20. Following the completion of the transaction, the vice president directly owned 53,609 shares of the company’s stock, valued at approximately $3,741,908.20. The trade was a 10.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Deanna H. Lund sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $65.10, for a total transaction of $325,500.00. Following the completion of the transaction, the chief financial officer directly owned 313,327 shares of the company’s stock, valued at $20,397,587.70. This trade represents a 1.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 81,716 shares of company stock valued at $6,406,245. 2.37% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on KTOS shares. Citigroup reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, October 2nd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, August 8th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 18th. Stifel Nicolaus lifted their price target on shares of Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Finally, Canaccord Genuity Group lifted their price target on shares of Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. One equities research 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $77.36.

Kratos Defense & Security Solutions Stock Up 2.6%

Shares of Kratos Defense & Security Solutions stock opened at $90.60 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43. The stock has a market capitalization of $15.29 billion, a PE ratio of 906.09 and a beta of 1.12. Kratos Defense & Security Solutions, Inc. has a 52-week low of $22.69 and a 52-week high of $112.57. The company has a 50-day simple moving average of $82.14 and a two-hundred day simple moving average of $58.46.

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

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.