12,294 Shares in Kratos Defense & Security Solutions, Inc. $KTOS Acquired by Caxton Associates LLP

Key Points

• Caxton Associates LLP acquired 12,294 shares of Kratos Defense & Security Solutions, valued at approximately $365,000, indicating increasing institutional interest in the company.
• Insider sales have been reported, including a sale of 7,000 shares by Steven S. Fendley for $322,420, reflecting decreased ownership among some executives.
• Analyst ratings for Kratos show a consensus of "Moderate Buy," with a recent price target increase from multiple firms suggesting positive market sentiment despite valuation concerns.

Caxton Associates LLP acquired a new position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 12,294 shares of the aerospace company's stock, valued at approximately $365,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Costello Asset Management INC bought a new position in Kratos Defense & Security Solutions during the 1st quarter worth approximately $29,000. Aspect Partners LLC raised its holdings in Kratos Defense & Security Solutions by 1,900.0% during the 1st quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company's stock worth $30,000 after buying an additional 950 shares during the period. Smallwood Wealth Investment Management LLC acquired a new stake in Kratos Defense & Security Solutions during the 1st quarter worth approximately $30,000. Larson Financial Group LLC acquired a new stake in Kratos Defense & Security Solutions during the 1st quarter worth approximately $30,000. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in Kratos Defense & Security Solutions by 202.3% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,046 shares of the aerospace company's stock worth $31,000 after buying an additional 700 shares during the period. Institutional investors own 75.92% of the company's stock.

Insider Transactions at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider Steven S. Fendley sold 7,000 shares of the company's stock in a transaction on Monday, June 30th. The shares were sold at an average price of $46.06, for a total value of $322,420.00. Following the transaction, the insider directly owned 360,475 shares in the company, valued at $16,603,478.50. The trade was a 1.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Thomas E. Iv Mills sold 5,758 shares of the company's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $65.54, for a total transaction of $377,379.32. Following the completion of the transaction, the insider owned 9,692 shares in the company, valued at approximately $635,213.68. This represents a 37.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 68,177 shares of company stock valued at $3,876,673. Corporate insiders own 2.37% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on KTOS. Benchmark lifted their price target on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a "buy" rating in a research note on Tuesday, July 8th. Canaccord Genuity Group reissued a "buy" rating and issued a $74.00 price target on shares of Kratos Defense & Security Solutions in a research note on Tuesday. Royal Bank Of Canada lifted their price objective on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Citigroup reiterated a "market outperform" rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, July 22nd. Finally, Noble Financial reiterated an "outperform" rating on shares of Kratos Defense & Security Solutions in a report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Kratos Defense & Security Solutions presently has a consensus rating of "Moderate Buy" and a consensus target price of $57.64.

Kratos Defense & Security Solutions Trading Up 2.3%

Kratos Defense & Security Solutions stock opened at $69.20 on Friday. Kratos Defense & Security Solutions, Inc. has a 52 week low of $21.78 and a 52 week high of $72.70. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43. The stock has a market capitalization of $11.68 billion, a P/E ratio of 692.07 and a beta of 1.05. The stock has a 50-day simple moving average of $61.07 and a 200 day simple moving average of $43.81.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The business had revenue of $351.50 million during the quarter, compared to analysts' expectations of $305.67 million. During the same quarter last year, the company posted $0.14 earnings per share. Kratos Defense & Security Solutions's quarterly revenue was up 17.1% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

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.

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