Korea Investment CORP Invests $3.57 Million in Kratos Defense & Security Solutions, Inc. $KTOS

Korea Investment CORP acquired a new position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 120,300 shares of the aerospace company's stock, valued at approximately $3,572,000. Korea Investment CORP owned approximately 0.08% of Kratos Defense & Security Solutions at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Costello Asset Management INC bought a new position in shares of Kratos Defense & Security Solutions during the 1st quarter worth about $29,000. Aspect Partners LLC boosted its position 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 worth $30,000 after purchasing an additional 950 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new position in shares of Kratos Defense & Security Solutions during the 1st quarter worth about $30,000. Larson Financial Group LLC bought a new position in shares of Kratos Defense & Security Solutions during the 1st quarter worth about $30,000. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of 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 purchasing an additional 700 shares in the last quarter. Institutional investors own 75.92% of the company's stock.

Kratos Defense & Security Solutions Price Performance

Kratos Defense & Security Solutions stock opened at $66.71 on Friday. Kratos Defense & Security Solutions, Inc. has a 52 week low of $20.83 and a 52 week high of $72.70. The company's 50 day moving average price is $54.16 and its two-hundred day moving average price is $39.99. The company has a quick ratio of 3.88, a current ratio of 4.43 and a debt-to-equity ratio of 0.12. The stock has a market cap of $11.26 billion, a P/E ratio of 667.17 and a beta of 1.04.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last posted 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. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The firm had revenue of $351.50 million for the quarter, compared to analysts' expectations of $305.67 million. During the same quarter last year, the firm earned $0.14 EPS. The company's quarterly revenue was up 17.1% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Insider Activity

In other Kratos Defense & Security Solutions news, insider Phillip D. Carrai sold 6,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $51.42, for a total transaction of $308,520.00. Following the transaction, the insider owned 270,104 shares of the company's stock, valued at $13,888,747.68. This trade represents a 2.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven S. Fendley sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $36.74, for a total transaction of $367,400.00. Following the sale, the insider owned 367,502 shares of the company's stock, valued at approximately $13,502,023.48. The trade was a 2.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold 82,986 shares of company stock worth $3,946,088 in the last quarter. 2.37% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Wall Street Zen cut shares of Kratos Defense & Security Solutions from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a research report on Friday, August 8th. B. Riley reaffirmed a "buy" rating and issued a $72.00 price target (up previously from $55.00) on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. Benchmark raised their price target on shares of Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Finally, BTIG Research raised shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 price target on the stock in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Kratos Defense & Security Solutions has a consensus rating of "Moderate Buy" and an average target price of $57.64.

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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