Bouvel Investment Partners LLC Decreases Stock Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• Bouvel Investment Partners LLC reduced its stake in Kratos Defense & Security Solutions, Inc. by 6.2% during Q2, maintaining a portfolio value of $3.86 million in the stock.
• A number of institutional investors have recently changed their positions in KTOS, with 75.92% of the stock now owned by such entities.
• Analysts have upgraded Kratos, with price targets reaching up to $70.00, indicating strong market confidence in the aerospace company.

Bouvel Investment Partners LLC lowered its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 6.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 83,138 shares of the aerospace company's stock after selling 5,478 shares during the quarter. Kratos Defense & Security Solutions accounts for about 1.3% of Bouvel Investment Partners LLC's holdings, making the stock its 29th biggest position. Bouvel Investment Partners LLC owned about 0.05% of Kratos Defense & Security Solutions worth $3,862,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Costello Asset Management INC acquired a new stake in Kratos Defense & Security Solutions during the 1st quarter worth about $29,000. Aspect Partners LLC boosted its holdings in shares of 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 valued at $30,000 after acquiring an additional 950 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in shares of Kratos Defense & Security Solutions in the 1st quarter valued at about $30,000. Larson Financial Group LLC purchased a new stake in shares of Kratos Defense & Security Solutions during the first quarter valued at approximately $30,000. Finally, MassMutual Private Wealth & Trust FSB raised its position in shares of 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 worth $31,000 after buying an additional 700 shares in the last quarter. Hedge funds and other institutional investors own 75.92% of the company's stock.

Kratos Defense & Security Solutions Trading Up 0.1%

KTOS traded up $0.12 during midday trading on Friday, reaching $80.77. 35,421,513 shares of the company's stock traded hands, compared to its average volume of 4,433,547. Kratos Defense & Security Solutions, Inc. has a 52 week low of $22.64 and a 52 week high of $82.31. 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 stock has a market capitalization of $13.63 billion, a price-to-earnings ratio of 807.78 and a beta of 1.05. The firm has a fifty day moving average of $64.09 and a two-hundred day moving average of $45.82.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last released its quarterly 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. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company had revenue of $351.50 million during the quarter, compared to analyst estimates of $305.67 million. During the same quarter last year, the business posted $0.14 earnings per share. The firm's 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. On average, equities analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

KTOS has been the subject of several recent analyst reports. Benchmark upped their target price on shares of Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the stock a "buy" rating in a report on Tuesday, July 8th. JMP Securities set a $70.00 price objective on shares of Kratos Defense & Security Solutions and gave the stock a "market outperform" rating in a research report on Tuesday, July 22nd. Noble Financial reissued an "outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. BTIG Research upgraded shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 price target for the company in a research report on Thursday, August 14th. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Kratos Defense & Security Solutions has an average rating of "Moderate Buy" and an average target price of $57.64.

Insider Transactions at Kratos Defense & Security Solutions

In related news, SVP Marie Mendoza sold 1,408 shares of the business's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $69.45, for a total transaction of $97,785.60. Following the transaction, the senior vice president directly owned 61,943 shares of the company's stock, valued at approximately $4,301,941.35. The trade was a 2.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Phillip D. Carrai sold 6,000 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $68.82, for a total transaction of $412,920.00. Following the completion of the transaction, the insider directly owned 258,073 shares in the company, valued at $17,760,583.86. This trade represents a 2.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 77,430 shares of company stock worth $4,745,162 over the last 90 days. Corporate insiders own 2.37% of the company's stock.

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.