Alpha Wealth Funds LLC Acquires Shares of 5,000 Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• Alpha Wealth Funds LLC recently acquired 5,000 shares of Kratos Defense & Security Solutions, valued at approximately $227,000, during the second quarter, indicating institutional investor interest in the company.
• Several other institutional investors have also increased their stakes in Kratos, with over 75% of the stock now owned by hedge funds and other institutions.
• Kratos Defense & Security Solutions has received multiple positive ratings from brokerages, with a majority indicating a "buy" rating and an average price target of $77.36.

Alpha Wealth Funds LLC acquired a new stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,000 shares of the aerospace company's stock, valued at approximately $227,000.

Other institutional investors have also added to or reduced their stakes in the company. CWM LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 3.8% in the second quarter. CWM LLC now owns 4,722 shares of the aerospace company's stock worth $219,000 after buying an additional 171 shares in the last quarter. Red Mountain Financial LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 1.9% in the second quarter. Red Mountain Financial LLC now owns 10,500 shares of the aerospace company's stock worth $488,000 after buying an additional 200 shares in the last quarter. ORG Partners LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 12.3% in the second quarter. ORG Partners LLC now owns 2,432 shares of the aerospace company's stock worth $105,000 after buying an additional 267 shares in the last quarter. Robertson Stephens Wealth Management LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 0.7% in the second quarter. Robertson Stephens Wealth Management LLC now owns 38,965 shares of the aerospace company's stock worth $1,810,000 after buying an additional 275 shares in the last quarter. Finally, Moran Wealth Management LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 1.8% in the second quarter. Moran Wealth Management LLC now owns 17,750 shares of the aerospace company's stock worth $824,000 after buying an additional 309 shares in the last quarter. 75.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on KTOS. Raymond James Financial reissued a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. Noble Financial reissued an "outperform" rating on shares of Kratos Defense & Security Solutions in a report on Monday, August 11th. Stifel Nicolaus increased their price target on shares of Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a "buy" rating in a report on Wednesday. JPMorgan Chase & Co. increased their price target on shares of Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the stock a "neutral" rating in a report on Monday, June 30th. Finally, BTIG Research upgraded shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 price objective on the stock in a research report on Thursday, August 14th. One equities 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 MarketBeat, Kratos Defense & Security Solutions has an average rating of "Moderate Buy" and an average target price of $77.36.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, VP De Burgreen Maria Cervantes sold 6,264 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $69.80, for a total transaction of $437,227.20. Following the transaction, the vice president directly owned 53,609 shares in the company, valued at $3,741,908.20. This trade represents a 10.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Steven S. Fendley sold 7,000 shares of the stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $67.58, for a total transaction of $473,060.00. Following the transaction, the insider owned 346,441 shares in the company, valued at $23,412,482.78. The trade was a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 85,716 shares of company stock valued at $6,399,245. 2.37% of the stock is currently owned by corporate insiders.

Kratos Defense & Security Solutions Stock Down 6.2%

KTOS stock opened at $83.12 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. The company's 50 day moving average is $77.67 and its 200 day moving average is $54.21. The stock has a market cap of $14.03 billion, a price-to-earnings ratio of 831.28 and a beta of 1.12. Kratos Defense & Security Solutions, Inc. has a 1-year low of $22.69 and a 1-year high of $112.57.

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

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.

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