Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Steven Fendley Sells 7,000 Shares of Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Steven Fendley sold 7,000 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of $48.37, for a total value of $338,590.00. Following the sale, the insider directly owned 302,126 shares of the company’s stock, valued at approximately $14,613,834.62. This represents a 2.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS opened at $53.04 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.08 and a current ratio of 5.63. The stock has a market capitalization of $9.95 billion, a P/E ratio of 312.00 and a beta of 1.07. The company’s fifty day moving average is $57.17 and its two-hundred day moving average is $77.97. Kratos Defense & Security Solutions, Inc. has a 1 year low of $41.87 and a 1 year high of $134.00.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data on Wednesday, May 6th. The aerospace company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. Kratos Defense & Security Solutions had a net margin of 2.08% and a return on equity of 2.82%. The company had revenue of $371.00 million during the quarter, compared to the consensus estimate of $345.00 million. During the same quarter in the prior year, the firm earned $0.12 EPS. Kratos Defense & Security Solutions’s quarterly revenue was up 22.6% on a year-over-year basis. On average, sell-side analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

KTOS has been the subject of a number of recent analyst reports. BTIG Research reduced their price objective on shares of Kratos Defense & Security Solutions from $115.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, April 21st. Clear Str raised Kratos Defense & Security Solutions to a “strong-buy” rating in a research note on Wednesday, April 29th. Jefferies Financial Group set a $80.00 price target on Kratos Defense & Security Solutions in a research note on Sunday, May 10th. Finally, Wedbush started coverage on Kratos Defense & Security Solutions in a report on Tuesday. They set an “outperform” rating and a $85.00 price objective on the stock. Four research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Kratos Defense & Security Solutions has an average rating of “Buy” and an average target price of $100.44.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Greenleaf Trust increased its holdings in Kratos Defense & Security Solutions by 2.7% in the fourth quarter. Greenleaf Trust now owns 3,830 shares of the aerospace company’s stock valued at $291,000 after buying an additional 100 shares in the last quarter. LVW Advisors LLC boosted its stake in shares of Kratos Defense & Security Solutions by 3.0% during the 4th quarter. LVW Advisors LLC now owns 3,665 shares of the aerospace company’s stock worth $278,000 after acquiring an additional 107 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of Kratos Defense & Security Solutions by 7.3% in the 4th quarter. CENTRAL TRUST Co now owns 1,698 shares of the aerospace company’s stock worth $129,000 after acquiring an additional 115 shares during the period. Quadrant Capital Group LLC grew its holdings in shares of Kratos Defense & Security Solutions by 2.1% in the 4th quarter. Quadrant Capital Group LLC now owns 5,918 shares of the aerospace company’s stock worth $449,000 after acquiring an additional 122 shares during the period. Finally, Parkside Financial Bank & Trust increased its stake in Kratos Defense & Security Solutions by 6.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,945 shares of the aerospace company’s stock valued at $148,000 after purchasing an additional 125 shares in the last quarter. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions News Summary

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

• Positive Sentiment: Wedbush initiated coverage with an Outperform rating and an $85 price target, with the analyst calling Kratos a “misunderstood” supplier to the broader U.S. defense ecosystem. Article Title
• Positive Sentiment: Kratos won an agreement to become the exclusive U.S. manufacturer for Elroy Air, and also disclosed an initial joint venture agreement with Barq Group in Abu Dhabi, boosting its uncrewed systems and international growth outlook. Article Title
• Positive Sentiment: Investor enthusiasm around the proposed Golden Dome missile defense initiative is highlighting Kratos as a potential long-term supplier, supporting the case for future defense spending tied to its scalable technologies. Article Title
• Positive Sentiment: Defense stocks, including KTOS, also got a lift after AeroVironment’s strong quarterly results signaled healthy demand across the sector. Article Title
• Neutral Sentiment: Additional commentary from market outlets and analyst roundups continued to spotlight Kratos as one of the notable defense names attracting investor attention, but these items were mainly reiterative rather than new catalysts. Article Title

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.