6,342 Shares in Kratos Defense & Security Solutions, Inc. $KTOS Purchased by Forum Financial Management LP

Forum Financial Management LP acquired a new position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,342 shares of the aerospace company’s stock, valued at approximately $295,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in Kratos Defense & Security Solutions by 11.7% during the 1st quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock worth $488,332,000 after purchasing an additional 1,728,179 shares in the last quarter. ARK Investment Management LLC lifted its holdings in Kratos Defense & Security Solutions by 22.2% during the 2nd quarter. ARK Investment Management LLC now owns 4,507,692 shares of the aerospace company’s stock worth $209,382,000 after purchasing an additional 818,104 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in Kratos Defense & Security Solutions by 25.5% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,609,621 shares of the aerospace company’s stock worth $77,480,000 after acquiring an additional 530,599 shares during the last quarter. Invesco Ltd. increased its stake in Kratos Defense & Security Solutions by 75.2% in the 1st quarter. Invesco Ltd. now owns 2,402,444 shares of the aerospace company’s stock worth $71,329,000 after acquiring an additional 1,031,223 shares during the last quarter. Finally, Voya Investment Management LLC increased its stake in Kratos Defense & Security Solutions by 129.2% in the 1st quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company’s stock worth $64,226,000 after acquiring an additional 1,219,585 shares during the last quarter. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Price Performance

Shares of Kratos Defense & Security Solutions stock opened at $91.18 on Monday. 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 $15.39 billion, a PE ratio of 911.89 and a beta of 1.12. The business’s 50-day moving average price is $79.69 and its 200-day moving average price is $56.45. Kratos Defense & Security Solutions, Inc. has a 12 month low of $22.69 and a 12 month high of $112.57.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The firm had revenue of $351.50 million for the quarter, compared to analyst estimates of $305.67 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company’s revenue was up 17.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.14 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling at Kratos Defense & Security Solutions

In related news, insider Phillip D. Carrai sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $68.82, for a total transaction of $412,920.00. Following the transaction, the insider directly owned 258,073 shares in the company, valued at $17,760,583.86. This trade represents a 2.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Deanna H. Lund sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $65.10, for a total value of $325,500.00. Following the transaction, the chief financial officer owned 313,327 shares in the company, valued at approximately $20,397,587.70. The trade was a 1.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 78,716 shares of company stock worth $5,989,535 over the last quarter. Company insiders own 2.37% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on KTOS. Noble Financial restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Cantor Fitzgerald restated an “overweight” rating on shares of Kratos Defense & Security Solutions in a research note on Friday, July 18th. Weiss Ratings restated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research note on Saturday. Royal Bank Of Canada upped their target price on Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. Finally, Truist Financial upped their target price on Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.36.

Kratos Defense & Security Solutions 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.