Stephens Inc. AR Sells 13,938 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Stephens Inc. AR lowered its position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 3.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 339,994 shares of the aerospace company’s stock after selling 13,938 shares during the quarter. Stephens Inc. AR’s holdings in Kratos Defense & Security Solutions were worth $25,809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of KTOS. Atlantic Union Bankshares Corp lifted its position in Kratos Defense & Security Solutions by 7,600.0% during the fourth quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 380 shares in the last quarter. Rakuten Securities Inc. purchased a new position in Kratos Defense & Security Solutions during the second quarter valued at $31,000. Bayforest Capital Ltd purchased a new position in Kratos Defense & Security Solutions during the third quarter valued at $32,000. Caitlin John LLC purchased a new position in Kratos Defense & Security Solutions during the third quarter valued at $32,000. Finally, Accredited Wealth Management LLC lifted its position in Kratos Defense & Security Solutions by 193.5% during the third quarter. Accredited Wealth Management LLC now owns 408 shares of the aerospace company’s stock valued at $37,000 after purchasing an additional 269 shares in the last quarter. Institutional investors own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Trading Down 5.0%

Shares of KTOS stock opened at $52.09 on Friday. Kratos Defense & Security Solutions, Inc. has a 12-month low of $34.02 and a 12-month high of $134.00. The company has a current ratio of 5.63, a quick ratio of 5.08 and a debt-to-equity ratio of 0.04. The stock’s 50-day moving average price is $72.39 and its 200-day moving average price is $83.05. The stock has a market capitalization of $9.77 billion, a price-to-earnings ratio of 306.41 and a beta of 1.06.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its earnings results on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. Kratos Defense & Security Solutions had a return on equity of 2.82% and a net margin of 2.08%.The firm had revenue of $371.00 million for the quarter, compared to analysts’ expectations of $345.00 million. During the same period in the previous year, the firm posted $0.12 earnings per share. The business’s revenue was up 22.6% compared to the same quarter last year. Equities research analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.58 EPS for the current fiscal year.

Insider Transactions at Kratos Defense & Security Solutions

In other news, insider David M. Carter sold 4,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $58.00, for a total value of $232,000.00. Following the sale, the insider directly owned 74,071 shares of the company’s stock, valued at approximately $4,296,118. The trade was a 5.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Deanna H. Lund sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $62.10, for a total value of $310,500.00. Following the completion of the sale, the chief financial officer directly owned 295,200 shares in the company, valued at $18,331,920. This trade represents a 1.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 168,027 shares of company stock valued at $13,312,040. 1.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on KTOS shares. Citigroup reiterated a “market outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 24th. Royal Bank Of Canada lowered their price objective on Kratos Defense & Security Solutions from $100.00 to $80.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Citizens Jmp lowered their price objective on Kratos Defense & Security Solutions from $125.00 to $105.00 and set a “market outperform” rating on the stock in a research report on Friday, May 8th. Jefferies Financial Group set a $80.00 price objective on Kratos Defense & Security Solutions in a research report on Sunday, May 10th. Finally, BTIG Research lowered their price objective on Kratos Defense & Security Solutions from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $96.28.

Kratos Defense & Security Solutions 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.