Bayforest Capital Ltd Takes Position in Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• Bayforest Capital Ltd acquired a new stake in Kratos Defense & Security Solutions, Inc., purchasing 5,203 shares valued at approximately $154,000.
• Insider Thomas E. Iv Mills sold 5,758 shares for $377,379, resulting in a 37.27% decrease in their ownership.
• Kratos reported a quarterly revenue of $351.50 million, exceeding expectations, and announced FY 2025 earnings per share guidance while trading at around $69.20.

Bayforest Capital Ltd bought a new stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,203 shares of the aerospace company's stock, valued at approximately $154,000.

Other institutional investors also recently modified their holdings of the company. Costello Asset Management INC bought a new stake in shares of Kratos Defense & Security Solutions in the first quarter valued at about $29,000. Larson Financial Group LLC acquired a new position in Kratos Defense & Security Solutions in the first quarter valued at about $30,000. Aspect Partners LLC raised its stake in Kratos Defense & Security Solutions by 1,900.0% in the first quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company's stock valued at $30,000 after purchasing an additional 950 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in Kratos Defense & Security Solutions in the first quarter valued at about $30,000. Finally, MassMutual Private Wealth & Trust FSB raised its stake in Kratos Defense & Security Solutions by 202.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,046 shares of the aerospace company's stock valued at $31,000 after purchasing an additional 700 shares in the last quarter. Institutional investors own 75.92% of the company's stock.

Insider Buying and Selling

In other news, insider Thomas E. Iv Mills sold 5,758 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $65.54, for a total value of $377,379.32. Following the completion of the transaction, the insider owned 9,692 shares of the company's stock, valued at $635,213.68. This represents a 37.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Stacey G. Rock sold 4,000 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $55.51, for a total value of $222,040.00. Following the completion of the transaction, the insider directly owned 42,154 shares of the company's stock, valued at $2,339,968.54. This represents a 8.67% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 68,177 shares of company stock valued at $3,876,673 over the last three months. Insiders own 2.37% of the company's stock.

Kratos Defense & Security Solutions Stock Up 2.3%

Shares of NASDAQ KTOS opened at $69.20 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 has a market cap of $11.68 billion, a price-to-earnings ratio of 692.07 and a beta of 1.05. Kratos Defense & Security Solutions, Inc. has a 12 month low of $21.78 and a 12 month high of $72.70. The stock has a 50-day moving average price of $61.07 and a two-hundred day moving average price of $43.81.

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

Analyst Ratings Changes

A number of research analysts recently commented on the company. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a research note on Friday, August 8th. The Goldman Sachs Group raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 price target for the company in a research note on Monday, June 30th. Wall Street Zen downgraded Kratos Defense & Security Solutions from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. boosted their price target on Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a "neutral" rating in a research note on Monday, June 30th. Finally, JMP Securities set a $70.00 price target on Kratos Defense & Security Solutions and gave the company a "market outperform" rating in a research note on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned 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 price target of $57.64.

Kratos Defense & Security Solutions Company 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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