Kratos Defense & Security Solutions (NASDAQ:KTOS) Director Scot Jarvis Sells 10,000 Shares

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Director Scot Jarvis sold 10,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $63.50, for a total value of $635,000.00. Following the sale, the director directly owned 65,123 shares of the company’s stock, valued at $4,135,310.50. This trade represents a 13.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Kratos Defense & Security Solutions Stock Performance

KTOS traded down $4.38 during trading on Thursday, reaching $56.18. 4,552,794 shares of the company’s stock were exchanged, compared to its average volume of 3,976,278. Kratos Defense & Security Solutions, Inc. has a 1 year low of $43.09 and a 1 year high of $134.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.54 and a quick ratio of 4.99. The stock has a market capitalization of $10.55 billion, a P/E ratio of 330.47 and a beta of 1.08. The company’s fifty day simple moving average is $52.77 and its 200-day simple moving average is $66.85.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.14 by $0.07. The business had revenue of $458.80 million for the quarter, compared to the consensus estimate of $410.36 million. Kratos Defense & Security Solutions had a net margin of 2.03% and a return on equity of 3.07%. The business’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.11 EPS. As a group, research analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.57 earnings per share for the current fiscal year.

Kratos Defense & Security Solutions News Summary

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

• Positive Sentiment: Kratos received multi-million-dollar orders through its Orbit subsidiary for GAIA 100 tri-band satellite ground-station systems. The orders support demand for the company’s space communications and tracking technologies. Kratos Receives Multi-Million-Dollar Orders for GAIA 100 Tri-Band Ground Station Systems
• Positive Sentiment: Recent second-quarter results remained strong, with revenue up 30.5% year over year to $458.8 million and EPS of $0.21, above the $0.14 consensus estimate. Growth was broad-based across government solutions, defense rocket support, turbine technology and microwave products. Kratos: A Production Powerhouse That No Longer Feels Speculative
• Neutral Sentiment: Kratos’ backlog, capacity expansion and exposure to unmanned systems, hypersonics and satellite communications support its long-term growth outlook. However, investors are demanding continued execution and margin improvement, while the stock’s elevated earnings multiple leaves limited room for disappointment.
• Neutral Sentiment: China reportedly asked the United States to remove new tariffs on drones and related components. The development highlights ongoing trade-policy uncertainty for defense and drone companies, although its direct effect on Kratos is unclear. China Reportedly Presses U.S. to Scrap Drone Tariffs
• Negative Sentiment: Insiders have reported numerous sales and no open-market purchases over the past six months. Recent transactions included Phillip Carrai’s sale of 26,500 shares and SVP Marie Mendoza’s sale of 1,513 shares. Both were made under pre-arranged Rule 10b5-1 plans, reducing their value as discretionary bearish signals, but the selling can still weigh on sentiment. Kratos Insider Selling
• Negative Sentiment: Institutional positioning was mixed in the latest quarter, with more funds reducing positions than adding shares. Large reductions by BlackRock, Franklin Resources and other managers may reinforce short-term selling pressure.

Wall Street Analyst Weigh In

KTOS has been the subject of a number of recent research reports. Stifel Nicolaus reduced their price objective on Kratos Defense & Security Solutions from $134.00 to $115.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. JPMorgan Chase & Co. upgraded Kratos Defense & Security Solutions from a “neutral” rating to an “overweight” rating and lowered their target price for the stock from $99.00 to $82.00 in a research note on Friday, June 12th. Wedbush assumed coverage on Kratos Defense & Security Solutions in a research report on Tuesday, June 30th. They set an “outperform” rating and a $85.00 price target for the company. 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 report on Friday, May 8th. Finally, BTIG Research upped their price objective on Kratos Defense & Security Solutions from $100.00 to $104.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $99.47.

Institutional Trading of Kratos Defense & Security Solutions

Institutional investors have recently bought and sold shares of the business. Harbor Investment Advisory LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the second quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. acquired a new stake in Kratos Defense & Security Solutions in the 4th quarter valued at $25,000. Atlantic Union Bankshares Corp increased its holdings in Kratos Defense & Security Solutions by 7,600.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 380 shares in the last quarter. Vision Retirement LLC increased its holdings in Kratos Defense & Security Solutions by 288.2% in the 1st quarter. Vision Retirement LLC now owns 427 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 317 shares in the last quarter. Finally, Rakuten Securities Inc. acquired a new position in Kratos Defense & Security Solutions during the second quarter worth $31,000. 75.92% of the stock is owned by institutional investors and hedge funds.

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.