Profund Advisors LLC Has $359,000 Position in Kratos Defense & Security Solutions, Inc. $KTOS

Profund Advisors LLC lifted its stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 11.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,729 shares of the aerospace company’s stock after buying an additional 819 shares during the period. Profund Advisors LLC’s holdings in Kratos Defense & Security Solutions were worth $359,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Costello Asset Management INC acquired a new stake in Kratos Defense & Security Solutions in the 1st quarter valued at $29,000. Larson Financial Group LLC bought a new position in shares of Kratos Defense & Security Solutions during the first quarter valued at approximately $30,000. Twin Tree Management LP purchased a new position in Kratos Defense & Security Solutions in the 1st quarter worth approximately $37,000. Banque Cantonale Vaudoise bought a new position in shares of Kratos Defense & Security Solutions during the 1st quarter valued at approximately $38,000. Finally, NewEdge Advisors LLC grew its holdings in shares of Kratos Defense & Security Solutions by 64.4% in the first quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 515 shares in the last quarter. 75.92% of the stock is owned by institutional investors.

Kratos Defense & Security Solutions Trading Down 6.5%

NASDAQ:KTOS opened at $71.69 on Friday. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12. Kratos Defense & Security Solutions, Inc. has a 1-year low of $23.90 and a 1-year high of $112.57. The firm has a market capitalization of $12.10 billion, a price-to-earnings ratio of 716.97 and a beta of 1.11. The business’s 50-day moving average price is $84.45 and its two-hundred day moving average price is $61.18.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $347.60 million for the quarter, compared to analyst estimates of $323.01 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The business’s revenue was up 26.0% on a year-over-year basis. During the same quarter in the previous 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. On average, equities analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Insider Transactions at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider David M. Carter sold 4,000 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $73.64, for a total transaction of $294,560.00. Following the completion of the sale, the insider owned 89,809 shares of the company’s stock, valued at approximately $6,613,534.76. This represents a 4.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Steven S. Fendley sold 7,000 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $91.25, for a total value of $638,750.00. Following the transaction, the insider owned 332,421 shares in the company, valued at $30,333,416.25. The trade was a 2.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 82,716 shares of company stock worth $6,608,725. 2.37% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on KTOS. Royal Bank Of Canada increased their price objective on Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Raymond James Financial reissued a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. Cantor Fitzgerald restated an “overweight” rating on shares of Kratos Defense & Security Solutions in a research note on Friday, July 18th. Citigroup reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Thursday, October 2nd. Finally, Truist Financial raised their price objective 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 research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $82.36.

About Kratos Defense & Security Solutions

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.