Future Fund LLC Acquires New Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

Future Fund LLC acquired a new stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 18,085 shares of the aerospace company’s stock, valued at approximately $1,373,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Greenleaf Trust boosted its position in Kratos Defense & Security Solutions by 2.7% during the fourth quarter. Greenleaf Trust now owns 3,830 shares of the aerospace company’s stock valued at $291,000 after purchasing an additional 100 shares in the last quarter. LVW Advisors LLC boosted its position in Kratos Defense & Security Solutions by 3.0% during the fourth quarter. LVW Advisors LLC now owns 3,665 shares of the aerospace company’s stock valued at $278,000 after purchasing an additional 107 shares in the last quarter. CENTRAL TRUST Co boosted its position in Kratos Defense & Security Solutions by 7.3% during the fourth quarter. CENTRAL TRUST Co now owns 1,698 shares of the aerospace company’s stock valued at $129,000 after purchasing an additional 115 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its position in Kratos Defense & Security Solutions by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 37,776 shares of the aerospace company’s stock valued at $2,868,000 after purchasing an additional 153 shares in the last quarter. Finally, Dupree Financial Group LLC boosted its position in Kratos Defense & Security Solutions by 0.7% during the fourth quarter. Dupree Financial Group LLC now owns 23,817 shares of the aerospace company’s stock valued at $1,808,000 after purchasing an additional 165 shares in the last quarter. Institutional investors own 75.92% of the company’s stock.

More Kratos Defense & Security Solutions News

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Reports that the U.S. government may fund or take equity stakes in domestic drone makers have raised hopes that Kratos could benefit from stronger demand, policy support, and a more favorable growth outlook. Kratos And US Drone Funding Talks Could Reshape Growth And Risk Profile
• Positive Sentiment: Heavy call-option buying suggests traders are positioning for additional upside tied to the drone-sector funding theme. Kratos Defense & Security Solutions Sees Unusually Large Options Volume (NASDAQ:KTOS)
• Neutral Sentiment: Several insiders recently sold shares, including director Bobbi Doorenbos and executives Steven S. Fendley and Jonah Adelman. While the sales can pressure sentiment, at least one was made under a pre-arranged 10b5-1 plan and does not necessarily indicate a change in fundamentals. Jonah Adelman insider sale details

Kratos Defense & Security Solutions Trading Down 1.6%

Shares of NASDAQ:KTOS opened at $64.13 on Friday. Kratos Defense & Security Solutions, Inc. has a 52-week low of $35.88 and a 52-week high of $134.00. The stock has a market cap of $12.03 billion, a price-to-earnings ratio of 377.24 and a beta of 1.06. The company has a quick ratio of 5.08, a current ratio of 5.63 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $65.91 and a 200-day moving average price of $81.05.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. Kratos Defense & Security Solutions had a return on equity of 2.82% and a net margin of 2.08%.The firm had revenue of $371.00 million during the quarter, compared to analysts’ expectations of $345.00 million. During the same period last year, the business posted $0.12 earnings per share. The company’s revenue for the quarter was up 22.6% compared to the same quarter last year. Equities analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.5 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on KTOS shares. Clear Str raised Kratos Defense & Security Solutions to a “strong-buy” rating in a research report on Wednesday, April 29th. Citizens Jmp decreased their price target on Kratos Defense & Security Solutions from $125.00 to $105.00 and set a “market outperform” rating for the company in a research note on Friday, May 8th. UBS Group reiterated a “neutral” rating and issued a $82.00 price target on shares of Kratos Defense & Security Solutions in a research note on Thursday, May 7th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $115.00 price target on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 24th. Finally, BTIG Research decreased their price target on Kratos Defense & Security Solutions from $115.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Kratos Defense & Security Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $96.28.

Insider Transactions at Kratos Defense & Security Solutions

In other news, insider Jonah Adelman sold 31,348 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $57.06, for a total value of $1,788,716.88. Following the completion of the transaction, the insider directly owned 8,000 shares in the company, valued at $456,480. This trade represents a 79.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Phillip D. Carrai sold 6,500 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $89.07, for a total value of $578,955.00. Following the completion of the transaction, the insider owned 234,292 shares of the company’s stock, valued at approximately $20,868,388.44. The trade was a 2.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 199,388 shares of company stock valued at $14,283,667. 1.50% of the stock is owned by company insiders.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.