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 business’s stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $88.88, for a total transaction of $622,160.00. Following the sale, the insider owned 339,419 shares of the company’s stock, valued at $30,167,560.72. This trade represents a 2.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Kratos Defense & Security Solutions Stock Performance

Shares of NASDAQ KTOS opened at $92.96 on Thursday. Kratos Defense & Security Solutions, Inc. has a 12-month low of $22.69 and a 12-month high of $93.52. The firm has a 50 day moving average of $68.90 and a 200 day moving average of $48.73. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $15.69 billion, a price-to-earnings ratio of 929.69 and a beta of 1.12.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. CWM LLC increased its position in shares of Kratos Defense & Security Solutions by 3.8% during the second quarter. CWM LLC now owns 4,722 shares of the aerospace company’s stock worth $219,000 after purchasing an additional 171 shares in the last quarter. Red Mountain Financial LLC increased its position in Kratos Defense & Security Solutions by 1.9% during the 2nd quarter. Red Mountain Financial LLC now owns 10,500 shares of the aerospace company’s stock valued at $488,000 after buying an additional 200 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Kratos Defense & Security Solutions by 15.2% during the second quarter. NewEdge Advisors LLC now owns 1,515 shares of the aerospace company’s stock valued at $70,000 after acquiring an additional 200 shares in the last quarter. MRP Capital Investments LLC increased its holdings in shares of Kratos Defense & Security Solutions by 11.1% during the second quarter. MRP Capital Investments LLC now owns 2,500 shares of the aerospace company’s stock valued at $116,000 after acquiring an additional 250 shares in the last quarter. Finally, ORG Partners LLC increased its holdings in shares of Kratos Defense & Security Solutions by 12.3% during the second quarter. ORG Partners LLC now owns 2,432 shares of the aerospace company’s stock valued at $105,000 after acquiring an additional 267 shares in the last quarter. Institutional investors own 75.92% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Stifel Nicolaus boosted their price objective on Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Cantor Fitzgerald reiterated an “overweight” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 18th. BTIG Research upgraded shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $80.00 price target for the company in a research report on Thursday, August 14th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $74.00 target price on shares of Kratos Defense & Security Solutions in a report on Tuesday, September 9th. Finally, Truist Financial upped their target price on shares of Kratos Defense & Security Solutions from $38.00 to $52.00 and gave the stock a “buy” rating in a report on Friday, June 27th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.00.

Kratos Defense & Security Solutions Company 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.