Kratos Defense & Security Solutions (NASDAQ:KTOS) Insider Jonah Adelman Sells 30,000 Shares of Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Jonah Adelman sold 30,000 shares of the company’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $74.80, for a total transaction of $2,244,000.00. Following the transaction, the insider owned 9,348 shares of the company’s stock, valued at approximately $699,230.40. This trade represents a 76.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Kratos Defense & Security Solutions Trading Up 1.0%

Shares of KTOS stock opened at $75.77 on Thursday. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $23.90 and a fifty-two week high of $112.57. The firm has a market capitalization of $12.79 billion, a P/E ratio of 757.78 and a beta of 1.11. The stock’s fifty day moving average is $84.98 and its two-hundred day moving average is $63.68. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. The firm had revenue of $347.60 million for the quarter, compared to the consensus estimate of $323.01 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The company’s revenue for the quarter was up 26.0% on a year-over-year basis. During the same period last year, the firm posted $0.11 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on KTOS shares. Royal Bank Of Canada boosted their target price on Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. BNP Paribas Exane initiated coverage on Kratos Defense & Security Solutions in a research note on Tuesday, November 18th. They set a “neutral” rating and a $80.00 price objective on the stock. Noble Financial restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Thursday, November 6th. JMP Securities lifted their price target on shares of Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the company a “market outperform” rating in a research report on Thursday, October 2nd. Finally, Truist Financial increased their price target on Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Kratos Defense & Security Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $82.06.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Several hedge funds have recently made changes to their positions in KTOS. Bayforest Capital Ltd acquired a new position in Kratos Defense & Security Solutions during the third quarter worth approximately $32,000. Caitlin John LLC purchased a new position in shares of Kratos Defense & Security Solutions during the third quarter worth approximately $32,000. Whittier Trust Co. purchased a new position in shares of Kratos Defense & Security Solutions during the third quarter worth approximately $38,000. Accredited Wealth Management LLC increased its holdings in shares of Kratos Defense & Security Solutions by 193.5% in the 3rd quarter. Accredited Wealth Management LLC now owns 408 shares of the aerospace company’s stock valued at $37,000 after acquiring an additional 269 shares during the period. Finally, CI Investments Inc. increased its holdings in shares of Kratos Defense & Security Solutions by 142.7% in the 3rd quarter. CI Investments Inc. now owns 432 shares of the aerospace company’s stock valued at $39,000 after acquiring an additional 254 shares during the period. Hedge funds and other institutional investors own 75.92% of the company’s stock.

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.