Kratos Defense & Security Solutions, Inc. $KTOS Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 6.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,505 shares of the aerospace company's stock after purchasing an additional 6,209 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.06% of Kratos Defense & Security Solutions worth $4,483,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Yousif Capital Management LLC increased its holdings in Kratos Defense & Security Solutions by 13.8% in the second quarter. Yousif Capital Management LLC now owns 50,898 shares of the aerospace company's stock valued at $2,364,000 after buying an additional 6,163 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Kratos Defense & Security Solutions during the 2nd quarter worth about $37,475,000. CWM LLC boosted its position in shares of Kratos Defense & Security Solutions by 3.8% during the 2nd quarter. CWM LLC now owns 4,722 shares of the aerospace company's stock worth $219,000 after acquiring an additional 171 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of Kratos Defense & Security Solutions by 41.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 13,685 shares of the aerospace company's stock worth $636,000 after acquiring an additional 4,011 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC purchased a new stake in Kratos Defense & Security Solutions during the second quarter worth approximately $252,000. Hedge funds and other institutional investors own 75.92% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on KTOS shares. Noble Financial reissued an "outperform" rating on shares of Kratos Defense & Security Solutions in a report on Monday, August 11th. The Goldman Sachs Group raised shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 target price on the stock in a research report on Monday, June 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Kratos Defense & Security Solutions in a research report on Wednesday, October 8th. Truist Financial upped their price objective on shares of Kratos Defense & Security Solutions from $38.00 to $52.00 and gave the company a "buy" rating in a research note on Friday, June 27th. 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 for the company in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $69.14.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS stock opened at $95.30 on Wednesday. The stock's 50-day moving average price is $76.06 and its 200 day moving average price is $53.02. Kratos Defense & Security Solutions, Inc. has a 52-week low of $22.69 and a 52-week high of $112.57. The stock has a market capitalization of $16.09 billion, a PE ratio of 953.10 and a beta of 1.12. The company has a quick ratio of 3.88, a current ratio of 4.43 and a debt-to-equity ratio of 0.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last issued its quarterly earnings results 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. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The firm had revenue of $351.50 million during the quarter, compared to the consensus estimate of $305.67 million. During the same period last year, the company earned $0.14 earnings per share. The company's revenue for the quarter 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. As a group, equities research analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other news, VP De Burgreen Maria Cervantes sold 6,264 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $69.80, for a total value of $437,227.20. Following the completion of the sale, the vice president directly owned 53,609 shares of the company's stock, valued at $3,741,908.20. This trade represents a 10.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven S. Fendley sold 7,000 shares of the firm's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $67.58, for a total value of $473,060.00. Following the completion of the sale, the insider directly owned 346,441 shares of the company's stock, valued at $23,412,482.78. This represents a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 78,276 shares of company stock valued at $5,678,021. Insiders own 2.37% of the company's stock.

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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