Steven Fendley Sells 7,000 Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) insider Steven Fendley sold 7,000 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $69.62, for a total transaction of $487,340.00. Following the transaction, the insider owned 325,438 shares in the company, valued at $22,656,993.56. This represents a 2.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS opened at $75.77 on Friday. The company has a 50-day simple moving average of $84.88 and a two-hundred day simple moving average of $63.76. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. The firm has a market capitalization of $12.79 billion, a PE ratio of 757.78 and a beta of 1.11. Kratos Defense & Security Solutions, Inc. has a one year low of $23.90 and a one year high of $112.57.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its earnings results on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 3.10% and a net margin of 1.20%.The business’s revenue for the quarter was up 26.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.11 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in KTOS. CWM LLC increased its position in shares of Kratos Defense & Security Solutions by 3.8% during the second quarter. CWM LLC now owns 4,722 shares of the aerospace company’s stock valued at $219,000 after acquiring an additional 171 shares in the last quarter. Red Mountain Financial LLC lifted its position in Kratos Defense & Security Solutions by 1.9% in the 2nd quarter. Red Mountain Financial LLC now owns 10,500 shares of the aerospace company’s stock valued at $488,000 after acquiring an additional 200 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Kratos Defense & Security Solutions by 15.2% during the 2nd quarter. NewEdge Advisors LLC now owns 1,515 shares of the aerospace company’s stock valued at $70,000 after purchasing an additional 200 shares during the last quarter. USA Financial Formulas increased its holdings in shares of Kratos Defense & Security Solutions by 15.7% in the 3rd quarter. USA Financial Formulas now owns 1,660 shares of the aerospace company’s stock worth $152,000 after purchasing an additional 225 shares in the last quarter. Finally, MRP Capital Investments LLC raised its stake in shares of Kratos Defense & Security Solutions by 11.1% in the second quarter. MRP Capital Investments LLC now owns 2,500 shares of the aerospace company’s stock worth $116,000 after purchasing an additional 250 shares during the last quarter. Institutional investors own 75.92% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on KTOS shares. BNP Paribas set a $80.00 target price on shares of Kratos Defense & Security Solutions in a report on Tuesday, November 18th. Stifel Nicolaus boosted their price objective on shares of Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Robert W. Baird raised their target price on shares of Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the company an “outperform” rating in a research note on Friday, September 26th. Jefferies Financial Group reiterated a “hold” rating and set a $85.00 target price on shares of Kratos Defense & Security Solutions in a report on Thursday, November 6th. Finally, BTIG Research upped their price target on Kratos Defense & Security Solutions from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. One equities research 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 company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $82.06.

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.