Eisler Capital Management Ltd. Makes New Investment in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

Eisler Capital Management Ltd. purchased a new stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 31,500 shares of the aerospace company's stock, valued at approximately $831,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of KTOS. Jones Financial Companies Lllp grew its stake in Kratos Defense & Security Solutions by 90.5% during the fourth quarter. Jones Financial Companies Lllp now owns 1,284 shares of the aerospace company's stock valued at $34,000 after acquiring an additional 610 shares in the last quarter. Hemington Wealth Management grew its position in shares of Kratos Defense & Security Solutions by 86.6% during the 4th quarter. Hemington Wealth Management now owns 1,360 shares of the aerospace company's stock valued at $35,000 after purchasing an additional 631 shares in the last quarter. Capital Advisors Ltd. LLC bought a new position in shares of Kratos Defense & Security Solutions in the fourth quarter worth $53,000. SBI Securities Co. Ltd. purchased a new stake in shares of Kratos Defense & Security Solutions in the fourth quarter worth $55,000. Finally, MRP Capital Investments LLC boosted its stake in Kratos Defense & Security Solutions by 28.6% during the fourth quarter. MRP Capital Investments LLC now owns 2,250 shares of the aerospace company's stock valued at $59,000 after buying an additional 500 shares during the period. 75.92% of the stock is currently owned by institutional investors.

Kratos Defense & Security Solutions Trading Down 0.7%

KTOS stock traded down $0.25 during trading on Wednesday, hitting $33.53. 1,488,393 shares of the company traded hands, compared to its average volume of 1,654,414. The company has a 50-day moving average of $32.03 and a 200-day moving average of $29.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.61 and a current ratio of 3.22. Kratos Defense & Security Solutions, Inc. has a 1 year low of $17.91 and a 1 year high of $36.85. The firm has a market capitalization of $5.14 billion, a PE ratio of 335.33 and a beta of 1.03.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The aerospace company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. Kratos Defense & Security Solutions had a return on equity of 3.68% and a net margin of 1.31%. The firm had revenue of $302.60 million during the quarter, compared to analyst estimates of $292.25 million. During the same quarter in the prior year, the firm posted $0.11 earnings per share. The business's quarterly revenue was up 9.2% compared to the same quarter last year. Analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other news, CFO Deanna H. Lund sold 6,000 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $29.28, for a total transaction of $175,680.00. Following the completion of the sale, the chief financial officer now directly owns 331,271 shares in the company, valued at approximately $9,699,614.88. This represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Eric M. Demarco bought 9,500 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The stock was acquired at an average cost of $26.35 per share, for a total transaction of $250,325.00. Following the completion of the purchase, the chief executive officer now directly owns 1,267,482 shares of the company's stock, valued at $33,398,150.70. The trade was a 0.76% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 87,168 shares of company stock valued at $2,537,940 in the last quarter. Company insiders own 2.37% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on KTOS. StockNews.com cut Kratos Defense & Security Solutions from a "hold" rating to a "sell" rating in a report on Saturday. JPMorgan Chase & Co. lifted their price target on Kratos Defense & Security Solutions from $27.00 to $33.00 and gave the stock a "neutral" rating in a research note on Friday, March 21st. Robert W. Baird raised their price objective on Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an "outperform" rating in a report on Tuesday, January 14th. JMP Securities reaffirmed an "outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 4th. Finally, Truist Financial increased their price target on shares of Kratos Defense & Security Solutions from $32.00 to $38.00 and gave the company a "buy" rating in a research report on Thursday, April 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $36.75.

Kratos Defense & Security Solutions 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.