Insider Selling: Kratos Defense & Security Solutions (NASDAQ:KTOS) Director Sells 3,500 Shares of Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Director Scott Anderson sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $73.82, for a total transaction of $258,370.00. Following the transaction, the director owned 10,833 shares in the company, valued at approximately $799,692.06. This trade represents a 24.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Kratos Defense & Security Solutions Stock Performance

KTOS stock traded up $0.72 on Wednesday, hitting $75.77. The company’s stock had a trading volume of 1,756,293 shares, compared to its average volume of 3,566,362. The stock has a market cap of $12.79 billion, a price-to-earnings ratio of 757.78 and a beta of 1.11. The firm has a 50 day moving average of $84.98 and a two-hundred day moving average of $63.68. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12. Kratos Defense & Security Solutions, Inc. has a 1 year low of $23.90 and a 1 year high of $112.57.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 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 $347.60 million for the quarter, compared to the consensus estimate of $323.01 million. During the same period last year, the firm posted $0.11 EPS. Kratos Defense & Security Solutions’s revenue for the quarter was up 26.0% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on KTOS shares. B. Riley cut Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $72.00 to $105.00 in a research report on Wednesday, October 8th. Noble Financial reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, November 6th. Citigroup reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Thursday, October 2nd. Stifel Nicolaus raised their target price on shares of Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, BNP Paribas set a $80.00 price target on shares of Kratos Defense & Security Solutions in a research note on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $82.06.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Institutional investors and hedge funds have recently made changes to their positions in the stock. Costello Asset Management INC acquired a new stake in shares of Kratos Defense & Security Solutions in the first quarter valued at about $29,000. TD Waterhouse Canada Inc. purchased a new position in Kratos Defense & Security Solutions in the second quarter valued at about $30,000. Rakuten Securities Inc. acquired a new stake in shares of Kratos Defense & Security Solutions during the 2nd quarter valued at approximately $31,000. Bayforest Capital Ltd purchased a new stake in shares of Kratos Defense & Security Solutions during the 3rd quarter worth approximately $32,000. Finally, Caitlin John LLC acquired a new stake in shares of Kratos Defense & Security Solutions in the 3rd quarter worth approximately $32,000. 75.92% of the stock is owned by institutional investors and hedge funds.

About Kratos Defense & Security Solutions

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.