Amundi Has $1.41 Million Position in Kratos Defense & Security Solutions, Inc. $KTOS

Amundi boosted its stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 183.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 20,055 shares of the aerospace company’s stock after purchasing an additional 12,980 shares during the quarter. Amundi’s holdings in Kratos Defense & Security Solutions were worth $1,414,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Mcguire Capital Advisors Inc. acquired a new stake in shares of Kratos Defense & Security Solutions during the 4th quarter worth approximately $25,000. Atlantic Union Bankshares Corp raised its stake in Kratos Defense & Security Solutions by 7,600.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock valued at $29,000 after buying an additional 380 shares during the period. Vision Retirement LLC lifted its holdings in Kratos Defense & Security Solutions by 288.2% during the 1st quarter. Vision Retirement LLC now owns 427 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 317 shares during the last quarter. Rakuten Securities Inc. bought a new position in Kratos Defense & Security Solutions during the second quarter worth $31,000. Finally, Murphy & Mullick Capital Management Corp boosted its holdings in shares of Kratos Defense & Security Solutions by 115.4% during the 4th quarter. Murphy & Mullick Capital Management Corp now owns 420 shares of the aerospace company’s stock worth $32,000 after buying an additional 225 shares during the period. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Kratos Defense & Security Solutions

In other news, insider Steven S. Fendley sold 35,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $58.23, for a total value of $2,038,050.00. Following the completion of the transaction, the insider owned 309,087 shares in the company, valued at $17,998,136.01. This trade represents a 10.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Deanna H. Lund sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $63.74, for a total value of $318,700.00. Following the transaction, the chief financial officer directly owned 290,161 shares of the company’s stock, valued at approximately $18,494,862.14. This trade represents a 1.69% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 144,036 shares of company stock valued at $8,034,017 in the last three months. Corporate insiders own 1.50% of the company’s stock.

Kratos Defense & Security Solutions Stock Up 5.9%

KTOS stock opened at $60.77 on Friday. The firm has a market capitalization of $11.41 billion, a PE ratio of 357.47 and a beta of 1.08. Kratos Defense & Security Solutions, Inc. has a twelve month low of $43.09 and a twelve month high of $134.00. The stock has a 50-day simple moving average of $52.27 and a two-hundred day simple moving average of $70.57. The company has a quick ratio of 5.08, a current ratio of 5.54 and a debt-to-equity ratio of 0.04.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.07. Kratos Defense & Security Solutions had a net margin of 2.03% and a return on equity of 3.07%. The company had revenue of $458.80 million during the quarter, compared to the consensus estimate of $410.36 million. During the same period in the previous year, the firm posted $0.11 EPS. The firm’s revenue was up 30.5% compared to the same quarter last year. On average, equities analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.48 EPS for the current fiscal year.

More Kratos Defense & Security Solutions News

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

• Positive Sentiment: Results exceeded expectations. Kratos reported second-quarter EPS of $0.21, up from $0.11 a year earlier and above the $0.14 analyst consensus. Revenue increased 30.5% year over year to $458.8 million, surpassing estimates of approximately $410 million. Kratos Earnings Beat
• Positive Sentiment: Management highlighted stronger second-half growth. The company cited increased capacity, program funding and bookings across hypersonics, jet engines, unmanned systems and counter-drone technologies. Kratos also views engines for low-cost cruise missiles as a significant future growth opportunity. KTOS Q2 Earnings Call Highlights
• Positive Sentiment: A new U.S. Army development contract adds strategic support. Kratos will develop an Enhanced Seeker for the Javelin missile system, expanding its role in precision weapons and missile technology. Kratos Receives U.S. Army Contract
• Positive Sentiment: Analyst sentiment remains supportive. Piper Sandler upgraded KTOS, and BTIG raised its price target to $104 while maintaining a Buy rating, reinforcing investor confidence following the earnings report. Kratos Upgraded at Piper Sandler
• Neutral Sentiment: Valuation remains a risk. With a high earnings multiple and relatively modest profitability, KTOS could be vulnerable if program launches, capacity expansion or defense bookings fall short of expectations.
• Negative Sentiment: Cantor Fitzgerald reduced its price target to $100 from $115, although it retained an Overweight rating. Separately, CFO Deanna Lund sold 5,000 shares under a pre-arranged Rule 10b5-1 plan; the sale was a small reduction in her holdings but may provide a minor counterpoint to the bullish news. KTOS Insider Sale

Analyst Upgrades and Downgrades

A number of research firms have issued reports on KTOS. Jefferies Financial Group set a $105.00 target price on Kratos Defense & Security Solutions in a research report on Wednesday. JPMorgan Chase & Co. raised shares of Kratos Defense & Security Solutions from a “neutral” rating to an “overweight” rating and reduced their price objective for the company from $99.00 to $82.00 in a research note on Friday, June 12th. Royal Bank Of Canada lowered their target price on shares of Kratos Defense & Security Solutions from $100.00 to $80.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Canaccord Genuity Group upped their price target on shares of Kratos Defense & Security Solutions from $130.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, UBS Group reissued a “neutral” rating and issued a $82.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $101.29.

Kratos Defense & Security Solutions Company Profile

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.